Board of Governors of the Federal Reserve System

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• The Fed - Risk Perception and Loan Underwriting in Securitized Commercial Mortgages

  market. Although loan-to-value ratios (LTVs) unconditionally decreased...policy community, and the broader public are important to sharpening our

  URL: https://www.federalreserve.gov/econres/feds/risk-perception-and-loan-underwriting-in-securitized-commercial-mortgages.htm
  



• The Fed - Bank Integration and Financial Constraints: Evidence from U.S. Firms

  policy community, and the broader public are important to sharpening our

  URL: https://www.federalreserve.gov/econres/ifdp/bank-integration-and-financial-constraints-evidence-from-us-firms.htm
  



• The Fed - Relative Wealth Concerns, Executive Compensation, and Systemic Risk-Taking

  market fluctuations. When all firms pay for luck, we show that an effort-inducing

  URL: https://www.federalreserve.gov/econres/ifdp/relative-wealth-concerns-executive-compensation-and-systemic-risk-taking.htm
  



• The Fed - Scarcity of Safe Assets and Global Neutral Interest Rates

  markets is an important driver of neutral rates for 11 advanced economies...the global savings glut) lowered the net supply of these assets and, thus

  URL: https://www.federalreserve.gov/econres/ifdp/scarcity-of-safe-assets-and-global-neutral-interest-rates.htm
  



• The Fed - Bargaining, Fairness, and Price Rigidity in a DSGE Environment

  markets that are fundamentally Walrasian. In Walrasian goods markets, ...policy community, and the broader public are important to sharpening our

  URL: https://www.federalreserve.gov/econres/ifdp/bargaining-fairness-and-price-rigidity-in-a-dsge-environment.htm
  



• The Fed - Deviations from Purchasing Power Parity: Causes and Welfare Costs

  market integration. The second is a sticky-consumer-price cum volatile...policy community, and the broader public are important to sharpening our

  URL: https://www.federalreserve.gov/econres/ifdp/deviations-from-purchasing-power-parity-causes-and-welfare-costs.htm
  



• The Fed - External Governance and Debt Agency Costs of Family Firms

  policy community, and the broader public are important to sharpening our

  URL: https://www.federalreserve.gov/econres/ifdp/external-governance-and-debt-agency-costs-of-family-firms.htm
  



• The Fed - Foreign Portfolio Investment, Foreign Bank Lending, and Economic Growth

  and/or legal development. However, these results are questionable due ...policy community, and the broader public are important to sharpening our

  URL: https://www.federalreserve.gov/econres/ifdp/foreign-portfolio-investment-foreign-bank-lending-and-economic-growth.htm
  



• The Fed - Variance Risk Premium Components and International Stock Return Predictability

  market turmoil. We then provide robust evidence that decomposing VP into...markets mostly through financial integration (real economic integration

  URL: https://www.federalreserve.gov/econres/ifdp/variance-risk-premium-components-and-international-stock-return-predictability.htm
  



• The Fed - A Model of Arbitrage and Short-Term Capital Flows

  policy community, and the broader public are important to sharpening our

  URL: https://www.federalreserve.gov/econres/ifdp/a-model-of-arbitrage-and-short-term-capital-flows.htm
  

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