Content
2011
- 2011-06 The wage premium puzzle and the quality of human capital
by Milton H. Marquis & Wuttipan Tantivong & Bharat Trehan - 2011-05 The recent evolution of the natural rate of unemployment
by Mary C. Daly & Bart Hobijn & Robert G. Valletta - 2011-04 Evidence on financial globalization and crisis: capital raisings
by Galina Hale - 2011-03 Restrictions on Risk Prices in Dynamic Term Structure Models
by Michael D. Bauer - 2011-02 Cross-country causes and consequences of the crisis: an update
by Andrew K. Rose & Mark M. Spiegel - 2011-01 Have we underestimated the likelihood and severity of zero lower bound events?
by Hess T. Chung & Jean-Philippe Laforte & David L. Reifschneider & John C. Williams
2010
- 2012-25 House Lock and Structural Unemployment
by Robert G. Valletta - 2010-32 Which industries are shifting the Beveridge curve?
by Régis Barnichon & Bart Hobijn & Ayşegül Şahin - 2010-31 The state of the safety net in the post-welfare reform era
by Marianne P. Bitler & Hilary W. Hoynes - 2010-30 The happiness - suicide paradox
by Mary C. Daly & Andrew J. Oswald & Daniel J. Wilson & Stephen Wu - 2010-29 Some new variance bounds for asset prices: a comment
by Kevin J. Lansing - 2010-28 Subjective well-being, income, economic development and growth
by Daniel W. Sacks & Betsey Stevenson & Justin Wolfers - 2010-27 The 2007-09 financial crisis and bank opaqueness
by Mark J. Flannery & Simon H. Kwan & Mahendrarajah Nimalendran - 2010-26 Foreign stock holdings: the role of information
by Fernanda Nechio - 2010-25 Job creation tax credits and job growth: whether, when, and where?
by Robert S. Chirinko & Daniel J. Wilson - 2010-24 Risk aversion and stock price volatility
by Kevin J. Lansing & Stephen F. LeRoy - 2010-23 Entry dynamics and the decline in exchange-rate pass-through
by Christopher J. Gust & Sylvain Leduc & Robert J. Vigfusson - 2010-22 Indeterminate credit cycles
by Zheng Liu & Pengfei Wang - 2010-21 If you try, you’ll get by: Chinese private firms’ efficiency gains from overcoming financial constraints
by Galina Hale & Cheryl Long - 2010-20 Asset class diversification and delegation of responsibilities between central banks and sovereign wealth funds
by Joshua Aizenman & Reuven Glick - 2010-19 China’s monetary policy and the exchange rate
by Aaron Mehrotra & Jose R. Sanchez-Fung - 2010-18 Growth accounting with misallocation: Or, doing less with more in Singapore
by John G. Fernald & Brent Neiman - 2010-17 Fiscal spending multipliers: evidence from the 2009 American Recovery and Reinvestment Act
by Daniel J. Wilson - 2010-16 Technology diffusion and postwar growth
by Diego Comin & Bart Hobijn - 2010-15 The illusive quest: do international capital controls contribute to currency stability?
by Reuven Glick & Michael M. Hutchison - 2010-14 The micro-macro disconnect of purchasing power parity
by Paul R. Bergin & Reuven Glick & Jyh-Lin Wu - 2010-13 Optimal monetary policy in open economies
by Giancarlo Corsetti & Luca Dedola & Sylvain Leduc - 2010-12 Monetary policy mistakes and the evolution of inflation expectations
by Athanasios Orphanides & John C. Williams - 2010-11 Financial crisis and bank lending
by Simon H. Kwan - 2010-10 Simple and robust rules for monetary policy
by John B. Taylor & John C. Williams - 2010-09 Expectations and economic fluctuations: an analysis using survey data
by Sylvain Leduc & Keith Sill - 2010-08 Do banks propagate debt market shocks?
by Galina Hale & João A. C. Santos - 2010-07 The labor market in the Great Recession
by Michael Elsby & Bart Hobijn & Ayşegül Şahin - 2010-06 Aggregation and the PPP puzzle in a sticky-price model
by Carlos Carvalho & Fernanda Nechio - 2010-05 Should the central bank be concerned about housing prices?
by Karsten Jeske & Zheng Liu - 2010-04 Bond currency denomination and the yen carry trade
by Christopher Candelaria & Jose A. Lopez & Mark M. Spiegel - 2010-03 Inaccurate age and sex data in the Census PUMS files: evidence and implications
by J. Trent Alexander & Michael Davern & Betsey Stevenson - 2010-02 Expectations traps and coordination failures: selecting among multiple discretionary equilibria
by Richard Dennis & Tatiana Kirsanova - 2010-01 Macro-finance models of interest rates and the economy
by Glenn D. Rudebusch
2009
- 2009-29 Can lower tax rates be bought? Business rent-seeking and tax competition among U.S. states
by Robert S. Chirinko & Daniel J. Wilson - 2009-28 Do credit constraints amplify macroeconomic fluctuations?
by Zheng Liu & Pengfei Wang & Tao Zha - 2009-27 Financial choice in a non-Ricardian model of trade
by Katheryn N. Russ & Diego Valderrama - 2009-26 Risk aversion, the labor margin, and asset pricing in DSGE models
by Eric T. Swanson - 2009-25 A theory of banks, bonds, and the distribution of firm size
by Katheryn N. Russ & Diego Valderrama - 2009-24 The role of capital service-life in a model with heterogenous labor and vintage capital
by Milton H. Marquis & Wuttipan Tantivong & Bharat Trehan - 2009-23 Heeding Daedalus: Optimal inflation and the zero lower bound
by John C. Williams - 2009-22 Mortgage loan securitization and relative loan performance
by John Krainer & Elizabeth Laderman - 2009-21 A state level database for the manufacturing sector: construction and sources
by Robert S. Chirinko & Daniel J. Wilson - 2009-20 Mortgage default and mortgage valuation
by John Krainer & Stephen F. LeRoy & Munpyung O - 2009-19 Household inflation experiences in the U.S.: a comprehensive approach
by Bart Hobijn & Kristin Mayer & Carter Stennis & Giorgio Topa - 2009-18 Cross-country causes and consequences of the 2008 crisis: international linkages and American exposure
by Andrew K. Rose & Mark M. Spiegel - 2009-17 Cross-country causes and consequences of the 2008 crisis: early warning
by Andrew K. Rose & Mark M. Spiegel - 2009-16 Monetary policy response to oil price shocks
by Jean-Marc Natal - 2009-15 Welfare-based optimal monetary policy with unemployment and sticky prices: a linear-quadratic framework
by Federico Ravenna & Carl E. Walsh - 2009-14 Foreign entry into underwriting services: evidence from Japan's \"Big Bang\" deregulation
by Jose A. Lopez & Mark M. Spiegel - 2009-13 Do central bank liquidity facilities affect interbank lending rates?
by Jens H. E. Christensen & Jose A. Lopez & Glenn D. Rudebusch - 2009-12 The welfare consequences of monetary policy
by Federico Ravenna & Carl E. Walsh - 2009-11 The paradox of declining female happiness
by Betsey Stevenson & Justin Wolfers - 2009-10 Survey measures of expected inflation and the inflation process
by Bharat Trehan - 2009-09 The international dimension of productivity and demand shocks in the U.S. economy
by Giancarlo Corsetti & Luca Dedola & Sylvain Leduc - 2009-08 The effect of an employer health insurance mandate on health insurance coverage and the demand for labor: evidence from Hawaii
by Thomas C. Buchmueller & John DiNardo & Robert G. Valletta - 2009-07 Beyond Kuznets: persistent regional inequality in China
by Christopher Candelaria & Mary C. Daly & Galina Hale - 2009-06 The Olympic effect
by Andrew K. Rose & Mark M. Spiegel - 2009-05 What do we know and not know about potential output?
by Susanto Basu & John G. Fernald - 2009-04 Unemployment dynamics in the OECD
by Bart Hobijn & Ayşegül Şahin - 2009-03 CONDI: a cost-of-nominal-distortions index
by Stefano Eusepi & Bart Hobijn & Andrea Tambalotti - 2009-02 EAD calibration for corporate credit lines
by Gabriel Jimenez & Jose A. Lopez & Jesus Saurina - 2009-01 Sources of the Great Moderation: shocks, friction, or monetary policy?
by Zheng Liu & Daniel F. Waggoner & Tao Zha
2008
- 2008-35 Consumption-habits in a new Keynesian business cycle model
by Richard Dennis - 2008-34 Inflation expectations and risk premiums in an arbitrage-free model of nominal and real bond yields
by Jens H. E. Christensen & Jose A. Lopez & Glenn D. Rudebusch - 2008-33 Sovereign wealth funds: stylized facts about their determinants and governance
by Joshua Aizenman & Reuven Glick - 2008-32 Navigating the trilemma: capital flows and monetary policy in China
by Reuven Glick & Michael M. Hutchison - 2008-31 The bond premium in a DSGE model with long-run real and nominal risks
by Glenn D. Rudebusch & Eric T. Swanson - 2008-30 Do nominal rigidities matter for the transmission of technology shocks?
by Zheng Liu & Louis Phaneuf - 2008-29 Exporting deflation? Chinese exports and Japanese prices
by Christian Broda & David E. Weinstein - 2008-28 China's exporters and importers: firms, products, and trade partners
by Kalina Manova & Zhiwei Zhang - 2008-27 Why do foreigners invest in the United States?
by Kristin J. Forbes - 2008-26 Current account dynamics and monetary policy
by Andrea Ferrero & Mark Gertler & Lars E. O. Svensson - 2008-25 When bonds matter: home bias in goods and assets
by Nicolas Coeurdacier & Pierre-Olivier Gourinchas - 2008-24 Inventories, lumpy trade, and large devaluations
by George Alessandria & Joseph P. Kaboski & Virgiliu Midrigan - 2008-23 How much of South Korea’s growth miracle can be explained by trade policy?
by Michelle P. Connolly & Kei-Mu Yi - 2008-22 Asymmetric expectation effects of regime shifts in monetary policy
by Zheng Liu & Daniel F. Waggoner & Tao Zha - 2008-21 Timeless perspective policymaking: When is discretion superior?
by Richard Dennis - 2008-20 Who drove the boom in euro-denominated bond issues?
by Galina Hale & Mark M. Spiegel - 2008-19 Happiness, unhappiness, and suicide: an empirical assessment
by Mary C. Daly & Daniel J. Wilson - 2008-18 Learning, adaptive expectations, and technology shocks
by Kevin X. D. Huang & Zheng Liu & Tao Zha - 2008-17 Loan officers and relationship lending to SMEs
by Hirofumi Uchida & Gregory F. Udell & Nobuyoshi Yamori - 2008-16 The adjustment of global external balances: does partial exchange rate pass-through to trade prices matter?
by Christopher J. Gust & Sylvain Leduc & Nathan Sheets - 2008-15 Sterilization, monetary policy, and global financial integration
by Joshua Aizenman & Reuven Glick - 2008-14 Do banks price their informational monopoly?
by Galina Hale & João A. C. Santos - 2008-13 Understanding changes in exchange rate pass-through
by Yelena Takhtamanova - 2008-12 Climate change and asset prices: hedonic estimates for North American ski resorts
by Van Butsic & Ellen Hanak & Robert G. Valletta - 2008-11 Monetary and financial integration in the EMU: Push or pull?
by Mark M. Spiegel - 2008-10 Financial globalization and monetary policy discipline
by Mark M. Spiegel - 2008-09 Imperfect knowledge and the pitfalls of optimal control monetary policy
by Athanasios Orphanides & John C. Williams - 2008-08 Speculative growth and overreaction to technology shocks
by Kevin J. Lansing - 2008-07 An arbitrage-free generalized Nelson-Siegel term structure model
by Jens H. E. Christensen & Francis X. Diebold & Glenn D. Rudebusch - 2008-06 Capital-labor substitution, equilibrium indeterminacy, and the cyclical behavior of labor income
by Jang-Ting Guo & Kevin J. Lansing - 2008-05 Learning, expectations formation and the pitfalls of optimal control monetary policy
by Athanasios Orphanides & John C. Williams - 2008-04 A black swan in the money market
by John B. Taylor & John C. Williams - 2007-25 Examining the bond premium puzzle with a DSGE model
by Glenn D. Rudebusch & Eric T. Swanson
2007
- 2008-03 Tax competition among U.S. states: racing to the bottom or riding on a seesaw?
by Robert S. Chirinko & Daniel J. Wilson - 2008-02 Takeoffs
by Joshua Aizenman & Mark M. Spiegel - 2008-01 International financial remoteness and macroeconomic volatility
by Andrew K. Rose & Mark M. Spiegel - 2007-33 Subprime mortgage delinquency rates
by Mark Doms & Frederick T. Furlong & John Krainer - 2007-31 Capital controls: myth and reality, a portfolio balance approach to capital controls
by Nicolas E. Magud & Carmen M. Reinhart & Kenneth S. Rogoff - 2007-30 Financial integration in East Asia
by Hiroshi Fujiki & Akiko Terada-Hagiwara - 2007-29 Optimal reserve management and sovereign debt
by Laura Alfaro & Fabio Kanczuk - 2007-28 The determinants of household saving in China: a dynamic panel analysis of provincial data
by Charles Yuji Horioka & Junmin Wan - 2007-27 Productivity and the dollar
by Giancarlo Corsetti & Luca Dedola & Sylvain Leduc - 2007-26 Pricing-to-market, trade costs, and international relative prices
by Andrew Atkeson & Ariel Burstein - 2007-24 Convergence and anchoring of yield curves in the Euro area
by Michael Ehrmann & Marcel Fratzscher & Refet S. Gürkaynak & Eric T. Swanson - 2007-23 How does competition impact bank risk-taking?
by Gabriel Jimenez & Jose A. Lopez & Jesus Saurina - 2007-22 Determinants of access to external finance: evidence from Spanish firms
by Raquel Lago Gonzalez & Jose A. Lopez & Jesus Saurina - 2007-21 Regional economic conditions and the variability of rates of return in commercial banking
by Frederick T. Furlong & John Krainer - 2007-20 The affine arbitrage-free class of Nelson-Siegel term structure models
by Jens H. E. Christensen & Francis X. Diebold & Glenn D. Rudebusch - 2007-19 Learning and optimal monetary policy
by Richard Dennis & Federico Ravenna - 2007-18 Imperfect information, self-selection and the market for higher education
by Tali Regev - 2007-17 Do countries default in “bad times”?
by Michael Tomz & Mark L. J. Wright - 2007-16 Forecasting recessions: the puzzle of the enduring power of the yield curve
by Glenn D. Rudebusch & John C. Williams - 2007-15 Real wage cyclicality in the PSID
by Eric T. Swanson - 2007-14 Empirical analysis of corporate credit lines
by Gabriel Jimenez & Jose A. Lopez & Jesus Saurina - 2007-13 The composition of capital inflows when emerging market firms face financing constraints
by Katherine A. Smith & Diego Valderrama - 2007-12 Relative status and well-being: evidence from U.S. suicide deaths
by Mary C. Daly & Norman J. Johnson & Daniel J. Wilson - 2007-11 Welfare-maximizing monetary policy under parameter uncertainty
by Rochelle M. Edge & Thomas Laubach & John C. Williams - 2007-10 Rational and near-rational bubbles without drift
by Kevin J. Lansing - 2007-09 Model uncertainty and monetary policy
by Richard Dennis - 2007-08 Robust monetary policy with imperfect knowledge
by Athanasios Orphanides & John C. Williams - 2007-06 Productivity shocks in a model with vintage capital and heterogeneous labor
by Milton H. Marquis & Bharat Trehan - 2007-05 Innovations in mortgage markets and increased spending on housing
by Mark Doms & John Krainer - 2007-04 Monetary policy in a small open economy with a preference for robustness
by Richard Dennis & Kai Leitemo & Ulf Soderstrom - 2007-03 Marriage and divorce: changes and their driving forces
by Betsey Stevenson & Justin Wolfers - 2007-02 Currency crises and foreign credit in emerging markets: credit crunch or demand effect?
by Carlos Arteta & Galina Hale - 2007-01 Wealth effects out of financial and housing wealth: cross country and age group comparisons
by Eva Sierminska & Yelena Takhtamanova - 2006-13 Are there productivity spillovers from foreign direct investment in China?
by Galina Hale & Cheryl Long
2006
- 2007-32 Capital account liberalization: theory, evidence, and speculation
by Peter Blair Henry - 2007-07 Market power and relationships in small business lending
by Elizabeth Laderman - 2006-50 Global price dispersion: are prices converging or diverging?
by Paul R. Bergin & Reuven Glick - 2006-49 State investment tax incentives: what are the facts?
by Robert S. Chirinko & Daniel J. Wilson - 2006-48 Unemployment insurance and the uninsured
by Tali Regev - 2006-47 State investment tax incentives: a zero-sum game?
by Robert S. Chirinko & Daniel J. Wilson - 2006-46 Macroeconomic implications of changes in the term premium
by Glenn D. Rudebusch & Brian P. Sack & Eric T. Swanson - 2006-45 Foreign bank lending and bond underwriting in Japan during the lost decade
by Jose A. Lopez & Mark M. Spiegel - 2006-44 Beyond the classroom: using Title IX to measure the return to high school sports
by Betsey Stevenson - 2006-43 The impact of divorce laws on marriage-specific capital
by Betsey Stevenson - 2006-42 Evidence on the costs and benefits of bond IPOs
by Galina Hale & João A. C. Santos - 2006-41 Exchange-rate effects on China's trade: an interim report
by Jaime R. Marquez & John W. Schindler - 2006-40 Global current account adjustment: a decomposition
by Michael B. Devereux & Amartya Lahiri & Ke Pang - 2006-39 Saving and interest rates in Japan: why they have fallen and why they will remain low
by R. Anton Braun & Daisuke Ikeda & Douglas H. Joines - 2006-38 The U.S. current account deficit and the expected share of world output
by Charles Engel & John H. Rogers - 2006-37 A quantitative analysis of China’s structural transformation
by Robert Dekle & Guillaume Vandenbroucke - 2006-35 Incomplete information processing: a solution to the forward discount puzzle
by Philippe Bacchetta & Eric Van Wincoop - 2006-34 Computer use and the U.S. wage distribution, 1984-2003
by Robert G. Valletta - 2006-33 Non-economic engagement and international exchange: the case of environmental treaties
by Andrew K. Rose & Mark M. Spiegel - 2006-32 Moderate inflation and the deflation-depression link
by Jess Benhabib & Mark M. Spiegel - 2006-31 Revealing the secrets of the temple: the value of publishing central bank interest rate projections
by Glenn D. Rudebusch & John C. Williams - 2006-30 Monetary policy in a low inflation economy with learning
by John C. Williams - 2006-29 Information and communications technology as a general-purpose technology: evidence from U.S industry data
by Susanto Basu & John G. Fernald - 2006-28 Measuring oil-price shocks using market-based information
by Michele Cavallo & Tao Wu - 2006-27 Safe and sound banking, 20 years later: what was proposed and what has been adopted
by Frederick T. Furlong & Simon H. Kwan - 2006-26 Aggregate shocks or aggregate information? costly information and business cycle comovement
by Laura Veldkamp & Justin Wolfers - 2006-25 FDI spillovers and firm ownership in China: labor markets and backward linkages
by Galina Hale & Cheryl Long - 2006-24 Endogenous skill bias in technology adoption: city-level evidence from the IT revolution
by Paul Beaudry & Mark Doms & Ethan Lewis - 2006-23 Futures prices as risk-adjusted forecasts of monetary policy
by Monika Piazzesi & Eric T. Swanson - 2006-22 The frequency of price adjustment and New Keynesian business cycle dynamics
by Richard Dennis - 2006-21 Sovereign debt crises and credit to the private sector
by Carlos Arteta & Galina Hale - 2006-20 The relative price and relative productivity channels for aggregate fluctuations
by Eric T. Swanson - 2006-19 Quantitative easing and Japanese bank equity values
by Takeshi Kobayashi & Mark M. Spiegel & Nobuyoshi Yamori - 2006-18 Labor supply and personal computer adoption
by Mark Doms & Ethan Lewis - 2006-17 Measuring the miracle: market imperfections and Asia's growth experience
by John G. Fernald & Brent Neiman - 2006-16 The bond yield \"conundrum\" from a macro-finance perspective
by Glenn D. Rudebusch & Eric T. Swanson & Tao Wu - 2006-15 Time-varying U.S. inflation dynamics and the New-Keynesian Phillips curve
by Kevin J. Lansing - 2006-14 Inflation targeting under imperfect knowledge
by Athanasios Orphanides & John C. Williams - 2006-12 Keeping up with the Joneses and staying ahead of the Smiths: evidence from suicide data
by Mary C. Daly & Daniel J. Wilson - 2006-11 Interpreting prediction market prices as probabilities
by Justin Wolfers & Eric Zitzewitz - 2006-10 Methods for robust control
by Richard Dennis & Kai Leitemo & Ulf Soderstrom - 2006-09 Does inflation targeting anchor long-run inflation expectations? evidence from long-term bond yields in the U.S., U.K., and Sweden
by Refet S. Gürkaynak & Andrew T. Levin & Eric T. Swanson - 2006-08 Partisan impacts on the economy: evidence from prediction markets and close elections
by Erik Snowberg & Justin Wolfers & Eric Zitzewitz - 2006-06 Five open questions about prediction markets
by Justin Wolfers & Eric Zitzewitz - 2006-04 Market-based measures of monetary policy expectations
by Refet S. Gürkaynak & Brian P. Sack & Eric T. Swanson - 2006-03 Could capital gains smooth a current account rebalancing?
by Michele Cavallo & Cédric Tille - 2006-01 Higher-order perturbation solutions to dynamic, discrete-time rational expectations models
by Gary S. Anderson & Andrew T. Levin & Eric T. Swanson
2005
- 2006-36 Dual labor markets and business cycles
by David Cook & Hiromi Nosaka - 2006-07 Pegged exchange rate regimes -- a trap?
by Joshua Aizenman & Reuven Glick - 2006-05 Sovereign debt, volatility, and insurance
by Kenneth M. Kletzer - 2006-02 Monetary policy shocks, inventory dynamics, and price-setting behavior
by Yongseung Jung & Tack Yun - 2005-26 Macroeconomic derivatives: an initial analysis of market-based macro forecasts, uncertainty, and risk
by Refet S. Gürkaynak & Justin Wolfers - 2005-25 Why has the U.S. Beveridge curve shifted back? new evidence using regional data
by Robert G. Valletta - 2005-24 Optimal nonlinear policy: signal extraction with a non-normal prior
by Eric T. Swanson - 2005-23 Markov perfect industry dynamics with many firms
by C. Lanier Benkard & Benjamin Van Roy & Gabriel Y. Weintraub - 2005-22 Empirical analysis of the average asset correlation for real estate investment trusts
by Jose A. Lopez - 2005-21 Trend breaks, long-run restrictions, and the contractionary effects of technology improvements
by John G. Fernald - 2005-20 Robust control with commitment: a modification to Hansen-Sargent
by Richard Dennis - 2005-19 Monetary policy inertia: fact or fiction?
by Glenn D. Rudebusch - 2005-18 Accounting for the secular “decline” of U.S. manufacturing
by Milton H. Marquis & Bharat Trehan - 2005-17 Monetary policy with imperfect knowledge
by Athanasios Orphanides & John C. Williams - 2005-16 Government employment and the dynamic effects of fiscal policy shocks
by Michele Cavallo - 2005-15 Monetary policy under uncertainty in micro-founded macroeconometric models
by Andrew T. Levin & Alexei Onatski & John C. Williams & Noah Williams