Board of Governors of the Federal Reserve System

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• The Fed - The Multiple Unit Auction with Variable Supply

  policy community, and the broader public are important to sharpening our

  URL: https://www.federalreserve.gov/econres/feds/the-multiple-unit-auction-with-variable-supply.htm
  



• The Fed - The Term Structure of Commercial Paper Rates

  market for commercial paper. Our main dataset, which is new to the literature...policy community, and the broader public are important to sharpening our

  URL: https://www.federalreserve.gov/econres/feds/the-term-structure-of-commercial-paper-rates.htm
  



• The Fed - The Competitive Implications of Multimarket Bank Branching

  single-market banks tend to be lower in local markets in which multimarket...policy community, and the broader public are important to sharpening our

  URL: https://www.federalreserve.gov/econres/feds/the-competitive-implications-of-multimarket-bank-branching.htm
  



• The Fed - Wage Rigidity: A Look Inside the Firm

  policy community, and the broader public are important to sharpening our

  URL: https://www.federalreserve.gov/econres/feds/wage-rigidity-a-look-inside-the-firm.htm
  



• The Fed - Estimating the Competitive Effects of Common Ownership

  market-time level, the profit weights also vary at the firm level, which

  URL: https://www.federalreserve.gov/econres/feds/estimating-the-competitive-effects-of-common-ownership.htm
  



• The Fed - Improving the 30-Year Fixed-Rate Mortgage

  markets investors for the ability to prepay. The homeowner might have ...markets investors for bearing prepayment risks; instead, this money is

  URL: https://www.federalreserve.gov/econres/feds/improving-the-30-year-fixed-rate-mortgage.htm
  



• The Fed - Inferring the Shadow Rate from Real Activity

  policy in terms of equivalent short-term interest rate movements. We find...policy DOI: https://doi.org/10.17016/FEDS.2017.106 PDF: Full Paper

  URL: https://www.federalreserve.gov/econres/feds/inferring-the-shadow-rate-from-real-activity.htm
  



• The Fed - The Nature of Household Labor Income Risk

  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/the-nature-of-household-labor-income-risk.htm
  



• The Fed - The Power of Narratives in Economic Forecasts

  policy up to four quarters out. Tonality similarly predicts stock returns

  URL: https://www.federalreserve.gov/econres/feds/the-power-of-narratives-in-economic-forecasts.htm
  



• The Fed - The Welfare Costs of Skill-Mismatch Employment

  market for low-tech jobs has on low-skilled individuals. This paper presents...on-the-job search to articulate these tradeoffs. We derive a set of efficiency

  URL: https://www.federalreserve.gov/econres/feds/the-welfare-costs-of-skill-mismatch-employment.htm
  

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