Board of Governors of the Federal Reserve System

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• The Fed - Treasury Inflation-Indexed Debt: A Review of the U.S. Experience

  including the difficulty for investors of adjusting to a new asset class

  URL: https://www.federalreserve.gov/econres/feds/treasury-inflation-indexed-debt-a-review-of-the-us-experience.htm
  



• The Fed - The GMM Parameter Normalization Puzzle

  including Euler equation estimation, a model parameter multiplies the

  URL: https://www.federalreserve.gov/econres/feds/the-gmm-parameter-normalization-puzzle.htm
  



• The Fed - Gauging the Uncertainty of the Economic Outlook from Historical Forecasting Errors

  including those of FOMC participants. Full Paper (Screen Reader Version

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



• The Fed - Updating the Racial Wealth Gap

  including the importance of inherited wealth and other family support

  URL: https://www.federalreserve.gov/econres/feds/updating-the-racial-wealth-gap.htm
  



• The Fed - Using Structural Shocks to Identify Models of Investment

  including the nature of adjustment costs and investment's responsiveness

  URL: https://www.federalreserve.gov/econres/feds/using-structural-shocks-to-identify-models-of-investment.htm
  



• The Fed - Predicting Global Stock Returns

  including 24 developed and 16 emerging economies. In addition, I develop

  URL: https://www.federalreserve.gov/econres/ifdp/predicting-global-stock-returns.htm
  



• The Fed - Reusing Natural Experiments

  including difference-in-differences regressions, instrumental variables

  URL: https://www.federalreserve.gov/econres/ifdp/reusing-natural-experiments.htm
  



• The Fed - The Macroeconomic Implications of CBDC: A Review of the Literature

  including the possibility of bank disintermediation and associated contraction

  URL: https://www.federalreserve.gov/econres/feds/the-macroeconomic-implications-of-cbdc-a-review-of-the-literature.htm
  



• The Fed - To Surcharge or Not To Surcharge: An Empirical Investigation of ATM Pricing

  including both direct generation of fee revenue and the potential to attract

  URL: https://www.federalreserve.gov/econres/feds/to-surcharge-or-not-to-surcharge-an-empirical-investigation-of-atm-pricing.htm
  



• The Fed - Precautionary Portfolio Behavior from a Life-Cycle Perspective

  including education, risk aversion, household heterogeneity, utility from

  URL: https://www.federalreserve.gov/econres/ifdp/precautionary-portfolio-behavior-from-a-life-cycle-perspective.htm
  

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