Board of Governors of the Federal Reserve System

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• The Fed - The Lucas Critique in Practice: Theory Without Measurement

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  URL: https://www.federalreserve.gov/econres/ifdp/the-lucas-critique-in-practice-theory-without-measurement.htm
  



• The Fed - U.S. Policy on the Problems of International Debt

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  URL: https://www.federalreserve.gov/econres/ifdp/us-policy-on-the-problems-of-international-debt.htm
  



• The Fed - Explaining the Global Pattern of Current Account Imbalances

  and, in fact, predicts a slight surplus), it does predict a U.S. current

  URL: https://www.federalreserve.gov/econres/ifdp/explaining-the-global-pattern-of-current-account-imbalances.htm
  



• The Fed - Spread Too Thin: The Impact of Lean Inventories

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  URL: https://www.federalreserve.gov/econres/ifdp/spread-too-thin-the-impact-of-lean-inventories.htm
  



• The Fed - The Apparent Effects of Recent IMF Stabilization Programs

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  URL: https://www.federalreserve.gov/econres/ifdp/the-apparent-effects-of-recent-imf-stabilization-programs.htm
  



• The Fed - The Foreign Term-Lending Activities of U.S. Banks

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  URL: https://www.federalreserve.gov/econres/ifdp/the-foreign-term-lending-activities-of-us-banks.htm
  



• The Fed - Three Roles of the Forward Foreign Exchange Market

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  URL: https://www.federalreserve.gov/econres/ifdp/three-roles-of-the-forward-foreign-exchange-market.htm
  



• The Fed - The Forward Exchange Rate Bias: A New Explanation

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  URL: https://www.federalreserve.gov/econres/ifdp/the-forward-exchange-rate-bias-a-new-explanation.htm
  



• The Fed - The Liquidity Effects of Official Bond Market Intervention

  asset-pricing model. Consistent with our model's predictions, we find

  URL: https://www.federalreserve.gov/econres/ifdp/the-liquidity-effects-of-official-bond-market-intervention.htm
  



• The Fed - The Optimal Degree of Discretion in Monetary Policy

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  URL: https://www.federalreserve.gov/econres/ifdp/the-optimal-degree-of-discretion-in-monetary-policy.htm
  

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