Board of Governors of the Federal Reserve System

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• The Fed - When Can Trend-Cycle Decompositions Be Trusted?

  income. We find that the unemployment rate is the best variable to accompany

  URL: https://www.federalreserve.gov/econres/feds/when-can-trend-cycle-decompositions-be-trusted.htm
  



• The Fed - Liquidity, Default, Taxes and Yields on Municipal Bonds

  high-income individuals and corporations, and these tax rate estimates

  URL: https://www.federalreserve.gov/econres/feds/liquidity-default-taxes-and-yields-on-municipal-bonds.htm
  



• The Fed - The Effects of Welfare Reform and Related Policies on Single Mothers' Welfare Use and Employment in the 1990s

  Income and Program Participation, I give new estimates of the effects

  URL: https://www.federalreserve.gov/econres/feds/the-effects-of-welfare-reform-and-related-policies-on-single-mothers39-welfare-use-and-employment-in-the-1990s.htm
  



• The Fed - Non-Linear Employment Effects of Tax Policy

  income tax is highly non-linear, displaying sizable asymmetries and state-dependence

  URL: https://www.federalreserve.gov/econres/ifdp/non-linear-employment-effects-of-tax-policy.htm
  



• The Fed - The Revealed Competitiveness of U.S. Exports

  income, and (iv) in a computed structural measure of firm productivity

  URL: https://www.federalreserve.gov/econres/ifdp/the-revealed-competitiveness-of-us-exports.htm
  



• The Fed - How Do Laffer Curves Differ Across Countries?

  income. We update the sample to 2010, thereby including recent increases

  URL: https://www.federalreserve.gov/econres/ifdp/how-do-laffer-curves-differ-across-countries.htm
  



• The Fed - Productive Capacity, Product Varieties, and the Elasticities Approach to the Trade Balance

  income elasticity, international trade, product differentiation PDF: Full

  URL: https://www.federalreserve.gov/econres/ifdp/productive-capacity-product-varieties-and-the-elasticities-approach-to-the-trade-balance.htm
  



• The Fed - The Structure and Properties of the FRB Multicountry Model Part I: Model Description and Simulation Results

  income flows, and exchange rates. This paper documents the current version

  URL: https://www.federalreserve.gov/econres/ifdp/the-structure-and-properties-of-the-frb-multicountry-model-part-i-model-description-and-simulation-results.htm
  



• The Fed - Do Taxes Matter for Long-Run Growth?: Harberger's Superneutrality Conjecture

  income and consumption taxes that are consistent with small growth effects

  URL: https://www.federalreserve.gov/econres/ifdp/do-taxes-matter-for-long-run-growth-harberger39s-superneutrality-conjecture.htm
  



• The Fed - The International Transmission of Oil Price Effects and OPEC's Pricing Policy

  income of oil importers is unaffected by oil-price changes. Our analysis

  URL: https://www.federalreserve.gov/econres/ifdp/the-international-transmission-of-oil-price-effects-and-opec39s-pricing-policy.htm
  

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