Board of Governors of the Federal Reserve System

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• The Fed - The High-Frequency Impact of News on Long-Term Yields and Forward Rates: Is It Real?

  price indices and monetary policy. However, for news announcements about...and/or real risk premia rather than changes in expected future inflation

  URL: https://www.federalreserve.gov/econres/feds/the-high-frequency-impact-of-news-on-long-term-yields-and-forward-rates-is-it-real.htm
  



• The Fed - Do Rising Top Income Shares Affect the Incomes or Earnings of Low and Middle-Income Families?

  and earnings) of middle income families, but have no clear impact on families

  URL: https://www.federalreserve.gov/econres/feds/do-rising-top-income-shares-affect-the-incomes-or-earnings-of-low-and-middle-income-families.htm
  



• The Fed - Flow and Stock Effects of Large-Scale Asset Purchases: Evidence on the Importance of Local Supply

  price elasticities of Treasuries and theories of supply effects in the...prices and quantities during the course of this program, we document a

  URL: https://www.federalreserve.gov/econres/feds/flow-and-stock-effects-of-large-scale-asset-purchases-evidence-on-the-importance-of-local-supply.htm
  



• The Fed - Nothing is Certain Except Death and Taxes: The Lack of Policy Uncertainty from Expiring "Temporary" Taxes

  and, therefore, that a routine extension of temporary tax policy is not

  URL: https://www.federalreserve.gov/econres/feds/nothing-is-certain-except-death-and-taxes-the-lack-of-policy-uncertainty-from-expiring-quottemporaryquot-taxes.htm
  



• The Fed - End of an Era: The Coming Long-Run Slowdown in Corporate Profit Growth and Stock Returns

  price-to-earnings multiples. I argue, however, that the boost to profits

  URL: https://www.federalreserve.gov/econres/feds/end-of-an-era-the-coming-long-run-slowdown-in-corporate-profit-growth-and-stock-returns.htm
  



• The Fed - To Cut or Not to Cut? On the Impact of Corporate Taxes on Employment and Income

  Comparing contiguous counties straddling state borders over the period

  URL: https://www.federalreserve.gov/econres/feds/to-cut-or-not-to-cut-on-the-impact-of-corporate-taxes-on-employment-and-income.htm
  



• The Fed - Quasi Maximum Likelihood Estimation and Inference of Large Approximate Dynamic Factor Models via the EM algorithm

  Skip to main content An official website of the United States Government Here's how you know Official websites use .gov A .gov website belongs

  URL: https://www.federalreserve.gov/econres/feds/quasi-maximum-likelihood-estimation-and-inference-of-large-approximate-dynamic-factor-models-via-the-em-algorithm.htm
  



• The Fed - The Asian Financial Crisis, Uphill Flow of Capital, and Global Imbalances: Evidence from a Micro Study

  Skip to main content An official website of the United States Government Here's how you know Official websites use .gov A .gov website belongs

  URL: https://www.federalreserve.gov/econres/ifdp/the-asian-financial-crisis-uphill-flow-of-capital-and-global-imbalances-evidence-from-a-micro-study.htm
  



• The Fed - Who Will Join EMU? Impact of the Maastricht Convergence Criteria on Economic Policy Choice and Performance

  and, the political cost to not joining EMU. Moreover, countries follow...and, instead, use policy for stabilization. Concern about such a policy

  URL: https://www.federalreserve.gov/econres/ifdp/who-will-join-emu-impact-of-the-maastricht-convergence-criteria-on-economic-policy-choice-and-performance.htm
  



• Federal Reserve Board - Debt Payments and Spending: Evidence from the 2023 Student Loan Payment Restart, Accessible Data

  the date at which Congress passed legislation blocking President Biden

  URL: https://www.federalreserve.gov/econres/notes/feds-notes/debt-payments-and-spending-evidence-from-the-2023-student-loan-payment-accessible-20250905.htm
  

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