Board of Governors of the Federal Reserve System

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• The Fed - Corporate Tax Cuts and the Decline of the Manufacturing Labor Share

  quantitative analysis suggests that corporate tax cuts explain a significant

  URL: https://www.federalreserve.gov/econres/ifdp/corporate-tax-cuts-and-the-decline-of-the-manufacturing-labor-share.htm
  



• The Fed - From Micro to Macro: A Note on the Analysis of Aggregate Productivity Dynamics Using Firm-Level Data

  quantitative and qualitative differences in the results relative to when

  URL: https://www.federalreserve.gov/econres/ifdp/from-micro-to-macro-a-note-on-the-analysis-of-aggregate-productivity-dynamics-using-firm-level-data.htm
  



• The Fed - A Macroprudential Perspective on the Regulatory Boundaries of U.S. Financial Assets

  quantitative measure of the regulatory perimeter—the boundary between

  URL: https://www.federalreserve.gov/econres/feds/a-macroprudential-perspective-on-the-regulatory-boundaries-of-us-financial-assets.htm
  



• The Fed - Macroeconomic Effects of Capital Tax Rate Changes

  quantitative model with capital-skill complementarity and household heterogeneity

  URL: https://www.federalreserve.gov/econres/feds/macroeconomic-effects-of-capital-tax-rate-changes.htm
  



• The Fed - Personal Tax Changes and Financial Well-being: Evidence from the Tax Cuts and Jobs Act

  quantitative measures. A plausibly causal design shows that tax decreases

  URL: https://www.federalreserve.gov/econres/feds/personal-tax-changes-and-financial-well-being-evidence-from-the-tax-cuts-and-jobs-act.htm
  



• The Fed - Optimal Dynamic Capital Requirements and Implementable Capital Buffer Rules

  quantitatively relevant macroeconomic model with endogenous risk-taking

  URL: https://www.federalreserve.gov/econres/feds/optimal-dynamic-capital-requirements-and-implementable-capital-buffer-rules.htm
  



• The Fed - Heterogeneous Forecasts and Aggregate Dynamics

  quantitative results are obtained by calibrating the model and running

  URL: https://www.federalreserve.gov/econres/feds/heterogeneous-forecasts-and-aggregate-dynamics.htm
  



• The Fed - "Forecasting the Forecasts of Others:" Expectational Heterogeneity and Aggregate Dynamics

  quantitative results are obtained by calibrating the model and running

  URL: https://www.federalreserve.gov/econres/feds/quotforecasting-the-forecasts-of-othersquot-expectational-heterogeneity-and-aggregate-dynamics.htm
  



• The Fed - The Fragility of Discretionary Liquidity Provision--Lessons from the Collapse of the Auction Rate Securities Market

  quantitative evidence that auction dealers acted at their own discretion

  URL: https://www.federalreserve.gov/econres/feds/the-fragility-of-discretionary-liquidity-provision-lessons-from-the-collapse-of-the-auction-rate-securities-market.htm
  



• The Fed - Taxing Capital? The Importance of How Human Capital is Accumulated

  quantitatively explores the strength of this channel and finds that, including

  URL: https://www.federalreserve.gov/econres/feds/taxing-capital-the-importance-of-how-human-capital-is-accumulated.htm
  

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