Board of Governors of the Federal Reserve System

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• The Fed - Understanding Uncertainty Shocks and the Role of Black Swans

  changes in estimated skewness whip around probabilities of unobserved

  URL: https://www.federalreserve.gov/econres/feds/understanding-uncertainty-shocks-and-the-role-of-black-swans.htm
  



• The Fed - A Primer on the Economics and Time Series Econometrics of Wealth Effects

  changes in net worth, such as those generated by the stock-market boom

  URL: https://www.federalreserve.gov/econres/feds/a-primer-on-the-economics-and-time-series-econometrics-of-wealth-effects.htm
  



• The Fed - The Effect of Taxation on Lifecycle Labor Supply: Results from a Quasi-Experiment

  changes in the after-tax return to working. Exploiting age-eligibility

  URL: https://www.federalreserve.gov/econres/feds/the-effect-of-taxation-on-lifecycle-labor-supply-results-from-a-quasi-experiment.htm
  



• The Fed - Volatility in Home Sales and Prices: Supply or Demand?

  changes in mortgage rates, even more so than comparable estimates for

  URL: https://www.federalreserve.gov/econres/feds/volatility-in-home-sales-and-prices-supply-or-demand.htm
  



• The Fed - Banking Market Definition: Evidence from the Survey of Consumer Finances

  changes in the use of financial services with implications for the definition

  URL: https://www.federalreserve.gov/econres/feds/banking-market-definition-evidence-from-the-survey-of-consumer-finances.htm
  



• The Fed - Gauging the Uncertainty of the Economic Outlook Using Historical Forecasting Errors: The Federal Reserve's Approach

  changed little. Finally, fan charts--constructed as plus-or-minus one

  URL: https://www.federalreserve.gov/econres/feds/gauging-the-uncertainty-of-the-economic-outlook-using-historical-forecasting-errors-the-federal-reserves-approach.htm
  



• The Fed - Measuring the Cyclicality of Real Wages: How Important is Aggregation Across Industries?

  changes in worker composition, I find that a substantial majority of sectors

  URL: https://www.federalreserve.gov/econres/feds/measuring-the-cyclicality-of-real-wages-how-important-is-aggregation-across-industries.htm
  



• The Fed - Words Speak as Loudly as Actions: Central Bank Communication and the Response of Equity Prices to Macroeconomic Announcements

  change in interest rates, and the reaction of equity prices to news depends

  URL: https://www.federalreserve.gov/econres/feds/central-bank-communication-and-the-response-of-equity-prices-to-macroeconomic-announcements.htm
  



• The Fed - Liquidity Provision and Co-insurance in Bank Syndicates

  changes in this capacity affect corporate liquidity management. We show

  URL: https://www.federalreserve.gov/econres/feds/liquidity-provision-and-co-insurance-in-bank-syndicates.htm
  



• The Fed - A Nonlinear Look at Trend MFP Growth and the Business Cycle: Results from a Hybrid Kalman/Markov Switching Model

  changes. This paper attempts to determine more accurately and quickly

  URL: https://www.federalreserve.gov/econres/feds/a-nonlinear-look-at-trend-mfp-growth-and-the-business-cycle-results-from-a-hybrid-kalmanmarkov-switching-model.htm
  

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