Printed from https://ideas.repec.org/s/fip/fedpwp5.html
Content
2003
- 03-4 Backward-looking interest-rate rules, interest-rate smoothing, and macroeconomic instability
by Jess Benhabib & Stephanie Schmitt-Grohe & Martin Uribe - 03-3 Non-exclusive contracts, collateralized trade, and a theory of an exchange
by Yaron Leitner - 03-1 Data revisions and the identification of monetary policy shocks
by Dean Croushore & Charles L. Evans
2002
- 02-22 Collateral and competition
by Mitchell Berlin & Alexander W. Butler - 02-21 The development and regulation of consumer credit reporting in America
by Robert M. Hunt - 02-20 Inventories and the business cycle: an equilibrium analysis of (S,s) policies
by Aubhik Khan & Julia K. Thomas - 02-19 Optimal monetary policy
by Aubhik Khan & Robert King & Alexander L. Wolman - 02-18 Technology flows matrix estimation revisited
by F. M. Scherer - 02-17 Democracy to the road: the political economy of potholes
by Albert Saiz - 02-16 The returns to speaking a second language
by Albert Saiz & Elena Zoido - 02-15 Forecasting coin demand
by Dean Croushore & Tom Stark - 02-14 The cyclical behavior of state employment during the postwar period
by Gerald A. Carlino & Robert H. DeFina & Keith Sill - 02-13 Self-fulfilling expectations and the inflation of the 1970s: evidence from the Livingston Survey
by Sylvain Leduc & Keith Sill & Tom Stark - 02-12 Compensating differentials and the social benefits of the NFL
by Gerald A. Carlino & N. Edward Coulson - 02-11 Why are business cycles alike across exchange-rate regimes?
by Luca Dedola & Sylvain Leduc - 02-10 Why do households without children support local public schools? linking house price capitalization to school spending
by Christian A. L. Hilber & Christopher J. Mayer - 01-13 Patentability, industry structure, and innovation
by Robert M. Hunt - 03-2 The effects of a baby boom on stock prices and capital accumulation in the presence of Social Security
by Andrew B. Abel - 02-8 The impact of unemployment on alternative poverty measures
by Robert H. DeFina - 02-7 Consistent economic indexes for the 50 states
by Theodore M. Crone - 02-5 Enduring relationships in an economy with capital
by Aubhik Khan & B. Ravikumar - 02-4 Check-cashing outlets in a changing financial system
by John P. Caskey - 02-3 Is macroeconomic research robust to alternative data sets?
by Dean Croushore & Tom Stark - 02-2 Do bankers sacrifice value to build empires? managerial incentives, industry consolidation, and financial performance
by Joseph P. Hughes & William W. Lang & Loretta J. Mester & Choon-Geol Moon & Michael S. Pagano - 02-1 An overall perspective on banking regulation
by Xavier Freixas & Anthony M. Santomero - 01-6 Explaining the dramatic changes in performance of U.S. banks: technological change, deregulation, and dynamic changes in competition
by Allen N. Berger & Loretta J. Mester
2001
- 01-16 The pitfalls of discretionary monetary policy
by Aubhik Khan & Robert G. King & Alexander L. Wolman - 01-15 What is the U.S. gross investment in intangibles? (At least) one trillion dollars a year!
by Leonard I. Nakamura - 01-14 Knowledge spillovers and the new economy of cities
by Gerald A. Carlino & Satyajit Chatterjee & Robert M. Hunt - 01-12 Expectations and the effects of monetary policy
by Laurence Ball & Dean Croushore - 01-11 A quantitative welfare analysis of the trade-off between the current regime and macroeconomic stabilization
by Luca Dedola & Sylvain Leduc - 01-10 Forecasting with a real-time data set for macroeconomists
by Dean Croushore & Tom Stark - 01-9 A quantitative analysis of oil-price shocks, systematic monetary policy, and economic downturns
by Sylvain Leduc & Keith Sill - 01-8 Measuring American rents: a revisionist history
by Theodore M. Crone & Leonard I. Nakamura & Richard Voith - 01-7 Banking and finance in Argentina in the period 1900-35
by Leonard I. Nakamura & Carlos E. Zarazaga - 01-5 Optimal monetary policy
by Aubhik Khan & Robert G. King & Alexander L. Wolman - 01-4 Employment deconcentration: a new perspective on America's postwar urban evolution
by Gerald A. Carlino & Satyajit Chatterjee - 01-3 Checking accounts and bank monitoring
by Loretta J. Mester & Leonard I. Nakamura & Micheline Renault - 00-13 Education and training in an era of creative destruction
by Leonard I. Nakamura - 01-2 Will bequests attenuate the predicted meltdown in stock prices when baby boomers retire?
by Andrew B. Abel - 01-1 An exploration of the effects of pessimism and doubt on asset returns
by Andrew B. Abel
2000
- 00-14 On the welfare gains of reducing the likelihood of economic crises
by Satyajit Chatterjee & Dean Corbae - 00-12 Capitalization of federal taxes, the relative price of housing, and urban form: density and sorting effects
by Joseph Gyourko & Richard Voith - 00-11 Exchange-rate puzzles in a model with arbitrage
by Sylvain Leduc - 00-10 Nonconvex factor adjustments in equilibrium business cycle models: do nonlinearities matter?
by Aubhik Khan & Julia K. Thomas - 00-9 Sectoral shocks and metropolitan employment growth
by Gerald A. Carlino & Robert H. DeFina & Keith Sill - 00-8 Regional income fluctuations: common trends and common cycles
by Gerald A. Carlino & Keith Sill - 00-7 Costly technology adoption and capital accumulation
by Aubhik Khan & B. Ravikumar - 00-6 A real-time data set for macroeconomists: does data vintage matter for forecasting?
by Dean Croushore & Tom Stark - 00-5 Recovering risky technologies using the almost ideal demand system: an application to U.S. banking
by Joseph P. Hughes & William W. Lang & Loretta J. Mester & Choon-Geol Moon - 00-4 Are scale economies in banking elusive or illusive? Evidence obtained by incorporating capital structure and risk-taking into models of bank production
by Joseph P. Hughes & Loretta J. Mester & Choon-Geol Moon - 00-3 Incomplete markets, borrowing constraints, and the foreign exchange risk premium
by Sylvain Leduc - 00-2 Does current-quarter information improve quarterly forecasts for the U.S. economy?
by Tom Stark - 00-1 Optimal financial contracts for large investors: the role of lender liability
by Mitchell Berlin & Loretta J. Mester
1999
- 99-22 Does the tax treatment of housing create an incentive for exclusionary zoning and increased decentralization?
by Richard Voith - 99-21 A real-time data set for marcoeconomists: does the data vintage matter?
by Dean Croushore & Tom Stark - 99-20 Schumpeterian growth and endogenous business cycles
by Kerk Phillips & Jeffrey M. Wrase - 99-19 Using state indexes to define economic regions in the U.S
by Theodore M. Crone - 99-18 Competitive theories for economies with general transactions technology
by Satyajit Chatterjee & Dean Corbae - 99-17 Regime-switching in expectations over the business cycle
by Gwen Eudey & Roberto Perli - 99-16 On exchange rate regimes, exchange rate fluctuations, and fundamentals
by Luca Dedola & Sylvain Leduc - 99-15 Does data vintage matter for forecasting?
by Dean Croushore & Tom Stark - 99-14 Solving and simulating a simple open-economy model with Markov-switching driving processes and rational learning
by Keith Sill & Jeffrey M. Wrase - 99-13 Exchange rates and monetary policy regimes in Canada and the U.S
by Keith Sill & Jeffrey M. Wrase - 99-12 Growth and risk-sharing with private information
by Aubhik Khan & B. Ravikumar - 99-11 Financial development and economic growth
by Aubhik Khan - 99-10 Postwar trends in metropolitan employment growth: decentralization and deconcentration
by Gerald A. Carlino & Satyajit Chatterjee - 99-9 Measuring housing services inflation
by Theodore M. Crone & Leonard I. Nakamura & Richard Voith - 99-8 Financial contracts and the legal treatment of informed investors
by Mitchell Berlin & Loretta J. Mester - 99-7 A Bayesian VAR forecasting model for the Philadelphia Metropolitan Area
by Theodore M. Crone & Michael P. McLaughlin - 99-6 Exchange rates, monetary policy regimes, and beliefs
by Keith Sill & Jeffrey M. Wrase - 99-5 Quantitative asset pricing implications of endogenous solvency constraints
by Fernando Alvarez & Urban J. Jermann - 99-4 A real-time data set for macroeconomists
by Dean Croushore & Tom Stark - 99-3 Nonobviousness and the incentive to innovate: an economic analysis of intellectual property reform
by Robert M. Hunt - 99-2 A welfare comparison of pre- and post-WWII business cycles: some implications for the role of postwar macroeconomic policies
by Satyajit Chatterjee & Dean Corbae - 99-1 What explains the dramatic changes in cost and profit performance of the U.S. banking industry?
by Allen N. Berger & Loretta J. Mester
1998
- 98-25 Checking accounts and bank monitoring
by Loretta J. Mester & Leonard I. Nakamura & Micheline Renault - 98-24 Discouraging Federal actions that reduce the value of private property: evaluating procedural and financial approaches
by Robert M. Hunt & Tim VandenBerg - 98-23 The tax treatment of housing: its effects on bounded and unbounded communities
by Joseph Gyourko & Richard Voith - 98-22 Deposits and relationship lending
by Mitchell Berlin & Loretta J. Mester - 98-21 Measuring housing services inflation
by Theodore M. Crone & Leonard I. Nakamura & Richard Voith - 98-20 Regulatory solvency prediction in property-liability insurance: risk-based capital, audit ratios, and cash flow simulation
by J. David Cummins & Martin F. Grace & Richard D. Phillips - 98-19 Organizational form and efficiency: an analysis of stock and mutual property-liability insurers
by J. David Cummins & Mary A. Weiss & Hongmin Zi - 98-18 Consolidation and efficiency in the U.S. life insurance industry
by J. David Cummins & Sharon Tennsyson & Mary A. Weiss - 98-17 Monetary policy and the U.S. and regions: some implications for European Monetary Union
by Gerald A. Carlino & Robert H. DeFina - 98-16 Regionalization and home bias: the case of Canada
by Janet Ceglowski - 98-15 Has the border narrowed?
by Janet Ceglowski - 98-14 Evaluating inflation forecasts
by Dean Croushore - 98-13 Expectations and the effects of monetary policy
by Laurence Ball & Dean Croushore - 98-12 A Bayesian vector error corrections model of the U.S. economy
by Tom Stark - 98-11 The cyclical behavior of regional per capita incomes in the postwar period
by Gerald A. Carlino & Keith Sill - 98-10 The dollars and sense of bank consolidation
by Joseph P. Hughes & William W. Lang & Loretta J. Mester - 98-9 Pricing with frictions
by Kenneth Burdett & Shouyong Shi & Randall Wright - 98-8 A note on purifying mixed strategy equilibria in the search-theoretic model of fiat money
by Randall Wright - 98-7 Transportation investments in the Philadelphia metropolitan area: who benefits? Who pays? And what are the consequences?
by Richard Voith - 98-6 Aggregate employment growth and the deconcentration of metropolitan employment
by Gerald A. Carlino & Satyajit Chatterjee - 98-5 Measurement of retail output and the retail revolution
by Leonard I. Nakamura - 98-4 Risk and return within the single-family housing market
by Theodore M. Crone & Richard Voith - 98-3 Measuring efficiency when market prices are subject to adverse selection
by Joseph P. Hughes - 98-2 Measuring the efficiency of capital allocation in commercial banking
by Joseph P. Hughes & William W. Lang & Choon-Geol Moon & Michael S. Pagano - 98-1 Credit union policies and performance in Latin America
by Sherrill Shaffer & Glenn D. Westley
1997
- 97-28 Regional employment dynamics
by Keith Sill - 97-27 Diagnostic evaluation of the real business cycle model with factor hoarding
by Gwen Eudey - 97-26 On the evolution of the spatial distribution of employment in postwar United States
by Gerald A. Carlino & Satyajit Chatterjee - 97-25 The winner's curse in banking
by Sherrill Shaffer - 97-24 Private money and reserve management in a random matching model
by Ricardo de O. Cavalcanti & Andres Erosa & Ted Temzelides - 97-23 Measuring predictability: theory and macroeconomic applications
by Francis X. Diebold & Lutz Kilian - 97-22 Economic growth in Argentina in the period 1900-30: some evidence from stock returns
by Leonard I. Nakamura & Carlos E. Zarazaga - 97-21 Dollarization hysteresis and network externalities: theory and evidence from an informal Bolivian credit market
by Bettina Peiers & Jeffrey M. Wrase - 97-20 The past, present, and future of macroeconomic forecasting
by Francis X. Diebold - 97-19 Network diseconomies and optimal structure
by Sherrill Shaffer - 97-18 Bounded rationality and strategic complementarity in a macroeconomic model: policy effects, persistence, and multipliers
by Antulio N. Bomfim & Francis X. Diebold - 97-17 Intermediation and vertical integration
by Mitchell Berlin & Loretta J. Mester - 97-16 A model of check exchange
by James J. McAndrews & William Roberds - 97-15 Minimum consumptions requirements: theoretical and quantitative implications for growth and distribution
by Satyajit Chatterjee & B. Ravikumar - 97-14 Cointegration and long-horizon forecasting
by Peter F. Christoffersen & Francis X. Diebold - 97-13 Does the U.S. tax treatment of housing promote suburbanization and central city decline?
by Joseph Gyourko & Richard Voith - 97-12 The differential regional effects of monetary policy: evidence from the U.S. States
by Gerald A. Carlino & Robert H. DeFina - 97-11 Optimal prediction under asymmetric loss
by Peter F. Christoffersen & Francis X. Diebold - 97-10 Macroeconomic forecasts and microeconomic forecasters in the Survey of Professional Forecasters
by Tom Stark - 96-18 Deposits and relationship lending
by Mitchell Berlin & Loretta J. Mester - 95-13/R Functional forms and declining average costs
by Sherrill Shaffer - 95-11 Parking, transit and employment in a central business district
by Richard Voith - 97-9 Banking and payment system stability in an electronic money world
by James J. McAndrews - 97-8 Recovering risky technologies using the almost ideal demand system: an application to U.S. banking
by Joseph P. Hughes & William W. Lang & Loretta J. Mester & Choon-Geol Moon - 97-7 Dynamic equilibrium economies: a framework for comparing models and data
by Jeremy Berkowitz & Francis X. Diebold & Lee E. Ohanian - 97-6 Evaluating density forecasts
by Francis X. Diebold & Todd A. Gunther & Anthony S. Tay - 97-5 Efficiency and productivity change in the U.S. commercial banking industry: a comparison of the 1980s and 1990s
by Allen N. Berger & Loretta J. Mester - 97-4 The measurement of retail output and the retail revolution
by Leonard I. Nakamura - 97-3 On the profitability and cost of relationship lending
by Mitchell Berlin & Loretta J. Mester - 97-2 On the optimality of eliminating seasonality in nominal interest rates
by Satyajit Chatterjee - 97-1 Inside the black box: what explains differences in the efficiencies of financial institutions?
by Allen N. Berger & Loretta J. Mester - 96-2 Bank capitalization and cost: evidence of scale economies in risk management and signaling
by Joseph P. Hughes & Loretta J. Mester
1996
- 96-21 Are there regimes of antitrust enforcement? An empirical analysis
by Andrew J. Holliday & Gregory P. Hopper - 96-20 The effects of permanent and transitory output shocks on poverty
by Robert H. DeFina & Tom Stark - 96-19 Pricing in vertically integrated network switches
by James J. McAndrews - 96-17 Public versus private debt: confidentiality, control, and product markets
by Mitchell Berlin & Alexander W. Butler - 96-16 Risk and return in the single-family housing market
by Theodore M. Crone & Richard Voith - 96-15 The suburban housing market: effects of city and suburban employment growth
by Richard Voith - 96-14 Safety in numbers? Geographic diversification and bank insolvency risk
by Joseph P. Hughes & William W. Lang & Loretta J. Mester & Choon-Geol Moon - 96-13 Common trends and common cycles in regional per capita incomes
by Gerald A. Carlino & Keith Sill - 96-12 Retail pricing of ATM network services
by James J. McAndrews - 96-11 Measuring efficiency at U.S. banks: accounting for heterogeneity is important
by Loretta J. Mester - 96-10 Exchange rates and international relative prices and quantities in equilibrium models with alternative preference specifications
by Elvan Ozlu & Don E. Schlagenhauf & Jeffrey M. Wrase - 95-13/RR The translog form and declining average costs
by Sherrill Shaffer - 96-9 Efficient banking under interstate branching
by Joseph P. Hughes & William W. Lang & Loretta J. Mester & Choon-Geol Moon - 96-8 Money and finance with costly commitment
by Satyajit Chatterjee & Dean Corbae - 96-7 Does foreign exchange intervention signal future monetary policy?
by Graciela L. Kaminsky & Karen K. Lewis - 96-6 Consumption, stock returns, and the gains from international risk-sharing
by Karen K. Lewis - 96-5 Speculative investor behavior and learning
by Stephen D. Morris - 96-4 Capital requirements and rational discount window borrowing
by Sherrill Shaffer - 96-3 Evaluating McCallum's rule when monetary policy matters
by Dean Croushore & Tom Stark
1995
- 95-29 Are banks converging to one size?
by Douglas Robertson - 95-28 Some monetary policy implications of increasing consumption variety
by Keith Sill - 95-27 Evolution, coordination, and banking panics
by Ted Temzelides - 95-26 Beliefs, competition, and bank runs
by Bernardino Adão & Ted Temzelides - 95-25 The long-run variance of output and inflation under alternative monetary policy rules
by Tom Stark & Herbert E. Taylor - 95-24 Informational events that trigger currency attacks
by Stephen D. Morris & Hyun Song Shin - 95-23 The discount window and credit availability
by Sherrill Shaffer - 95-22 Expectations and the effects of monetary policy
by Laurence Ball & Dean Croushore - 95-21 Is U.S. economic performance really that bad?
by Leonard I. Nakamura - 95-20 Some empirical evidence on money demand from a cash-in-advance model
by Keith Sill - 95-19 Simulations of failure in a payment system
by James J. McAndrews & George Wasilyew - 95-18 Is high school economically relevant for noncollege youth?
by William J. Stull - 95-17 New directions in information and screening in real estate finance
by William W. Lang & Leonard I. Nakamura - 95-16 Mortgage credit availability in low-and moderate-income neighborhoods: are information externalities critical?
by Paul S. Calem - 95-15 The differential effects of monetary policy shocks on regional economic activity
by Gerald A. Carlino & Robert H. DeFina - 95-14 Toward a theory of international currency: a step further
by Alberto Trejos & Randall Wright - 95-13 Translog bias under declining average costs
by Sherrill Shaffer - 95-12 Banks and derivatives
by Gary Gorton & Richard J. Rosen - 95-10 Consumer behavior and the stickiness of credit card interest rates
by Paul S. Calem & Loretta J. Mester - 93-25/R Macroeconomic risk and Treasury bill pricing: an application of the FACTOR-ARCH model
by Keith Sill - 96-1 Bank equity stakes in borrowing firms and financial distress
by Mitchell Berlin & Kose John & Anthony Saunders - 95-9 Unemployment spells and income distribution dynamics
by Ana Castaneda & Javier Diaz-Gimenez & José-Víctor Ríos-Rull - 95-8 Recovering technologies that account for generalized managerial preferences: an application to non-risk neutral banks
by Joseph P. Hughes & William W. Lang & Loretta J. Mester - 95-7 The simple analytics of observed discrimination in credit markets
by Paul S. Calem & Michael J. Stutzer - 95-6 Universal banking, intertemporal risk smoothing, and European financial integration
by Franklin Allen & Douglas Gale - 95-4 Financial markets, intermediaries, and intertemporal smoothing
by Franklin Allen & Douglas Gale - 95-2 Structural screens in stochastic markets
by Sherrill Shaffer - 95-1 Valuation equilibria with transactions costs
by Satyajit Chatterjee & Dean Corbae - 94-1/R Efficiency of banks in the Third Federal Reserve District: a study of bank efficiency taking into account risk-preferences
by Loretta J. Mester
1994
- 94-28 Realignment risk in the exchange rate mechanism: evidence from pound- mark cross-rate options
by Jose Manuel Campa & P.H. Kevin Chang - 94-27 Competition and specialization in the hospital industry: an application of Hotelling's location model
by Paul S. Calem & John A. Rizzo - 94-26 Evaluating McCallum's rule for monetary policy
by Dean Croushore & Tom Stark - 94-25 Money and finance in a model of costly commitment
by Satyajit Chatterjee & Dean Corbae - 94-24 Time-varying consumption betas and the foreign exchange market
by Gregory P. Hopper - 94-23 Does monetary policy have differential regional effects?
by Gerald A. Carlino & Robert H. DeFina - 94-22 Equilibrium business cycles with idle resources and variable capacity utilization
by Thomas F. Cooley & Gary D. Hansen & Edward C. Prescott - 94-21 Fares, service levels, and demographics: what determines commuter rail ridership in the long run?
by Richard Voith - 94-20 Banks, payments, and coordination
by James J. McAndrews & William Roberds - 94-19 Branch banking and the geography of bank pricing
by Paul S. Calem & Leonard I. Nakamura - 94-18 Chaos, taxes, stabilization, and turnover
by Sherrill Shaffer - 94-17 By force of habit: a consumption-based explanation of aggregate stock market behavior
by John Y. Campbell & John H. Cochrane - 94-16 Evidence of monopoly power among credit card banks
by Sherrill Shaffer - 94-15 Information and screening in real estate finance: an introduction
by William W. Lang & Leonard I. Nakamura - 94-14 Money, output, and the cyclical volatility of the term structure
by Keith Sill - 94-13 Convergence and the U.S states: a time series analysis
by Gerald A. Carlino & Leonard O. Mills - 94-12 Revenues from the inflation tax and the Laffer curve: some preliminary empirical findings for Argentina and Israel
by Carlos E. Zarazaga