Board of Governors of the Federal Reserve System

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• The Fed - Which Output Gap Estimates Are Stable in Real Time and Why?

  comparing a suite of reduced-form models. We propose a new statistical

  URL: https://www.federalreserve.gov/econres/feds/which-output-gap-estimates-are-stable-in-real-time-and-why.htm
  



• The Fed - How Well Does Economic Uncertainty Forecast Economic Activity?

  compare them to their ex-post counterparts used in the literature. Real-time

  URL: https://www.federalreserve.gov/econres/feds/how-well-does-economic-uncertainty-forecast-economic-activity.htm
  



• The Fed - Aggregate Productivity and Aggregate Technology

  Compared with productivity growth, our measured technology shocks are

  URL: https://www.federalreserve.gov/econres/ifdp/aggregate-productivity-and-aggregate-technology.htm
  



• The Fed - Modern Pandemics: Recession and Recovery

  compare contours of the current pandemic to the historical episodes. DOI

  URL: https://www.federalreserve.gov/econres/ifdp/modern-pandemics-recession-and-recovery.htm
  



• The Fed - Simple Monetary Rules Under Fiscal Dominance

  compared to the gain from eliminating fiscal dominance. Full paper (screen

  URL: https://www.federalreserve.gov/econres/ifdp/simple-monetary-rules-under-fiscal-dominance.htm
  



• The Fed - Monetary Shocks and Real Exchange Rates

  compared directly to related work. The results lend empirical support

  URL: https://www.federalreserve.gov/econres/ifdp/monetary-shocks-and-real-exchange-rates.htm
  



• The Fed - An Empirical Comparison of Bundesbank and ECB Monetary Policy Rules

  compared to the Bundesbank. Keywords: Taylor Rule, Monetary Policy, European

  URL: https://www.federalreserve.gov/econres/ifdp/an-empirical-comparison-of-bundesbank-and-ecb-monetary-policy-rules.htm
  



• The Fed - High Frequency Data, Frequency Domain Inference and Volatility Forecasting

  compare favorably with some leading alternatives in an out-of-sample forecasting

  URL: https://www.federalreserve.gov/econres/ifdp/high-frequency-data-frequency-domain-inference-and-volatility-forecasting.htm
  



• The Fed - International Comparisons of Labor Costs in Manufacturing

  compared with results obtained in earlier studies. The results show that

  URL: https://www.federalreserve.gov/econres/ifdp/international-comparisons-of-labor-costs-in-manufacturing.htm
  



• The Fed - Foreclosing on Opportunity: State Laws and Mortgage Credit

  compare mortgage applications for properties located in census tracts

  URL: https://www.federalreserve.gov/econres/feds/foreclosing-on-opportunity-state-laws-and-mortgage-credit.htm
  

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