Board of Governors of the Federal Reserve System

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• The Fed - The Macro Effects of Climate Policy Uncertainty

  federal climate policy introduces risk into the decision to invest in

  URL: https://www.federalreserve.gov/econres/feds/the-macro-effects-of-climate-policy-uncertainty.htm
  



• The Fed - The Term Structure of Commercial Paper Rates

  new to the literature, consists of daily indexes constructed from the

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



• The Fed - Fiscal consolidation using the example of Germany

  new Keynesian DSGE model for Germany. The model includes the government

  URL: https://www.federalreserve.gov/econres/feds/fiscal-consolidation-using-the-example-of-germany.htm
  



• The Fed - The Nature of Household Labor Income Risk

  new findings. One, households face substantially less risk than males

  URL: https://www.federalreserve.gov/econres/feds/the-nature-of-household-labor-income-risk.htm
  



• The Fed - The Power of Narratives in Economic Forecasts

  Federal Reserve economic forecasts is strongly correlated with future ...Federal Reserve and private-sector forecasts of GDP, unemployment, and

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



• The Fed - Inflation, Taxes, and the Durability of Capital

  has demonstrated that inflation can lead to large inter-asset distortions

  URL: https://www.federalreserve.gov/econres/feds/inflation-taxes-and-the-durability-of-capital.htm
  



• The Fed - On the Negatives of Negative Interest Rates

  reserves at negative rates (NIR). To study the long-run effects of NIR...availability of cash explains the asymmetric effects of policy-rate changes

  URL: https://www.federalreserve.gov/econres/feds/on-the-negatives-of-negative-interest-rates.htm
  



• The Fed - The Usefulness of Core PCE Inflation Measures

  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-usefulness-of-core-pce-inflation-measures.htm
  



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

  has on low-skilled individuals. This paper presents a tractable general...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
  



• The Fed - Liquidity Windfalls: The Consequences of Repo Rehypothecation

  new empirical evidence to support the model's main prediction on haircut

  URL: https://www.federalreserve.gov/econres/feds/liquidity-windfalls-the-consequences-of-repo-rehypothecation.htm
  

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