Board of Governors of the Federal Reserve System

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• The Fed - The Consolidation of the Financial Services Industry: Causes, Consequences, and Implications for the Future

  market power from some types of consolidation; improvements in profit

  URL: https://www.federalreserve.gov/econres/feds/the-consolidation-of-the-financial-services-industry-causes-consequences-and-implications-for-the-future.htm
  



• The Fed - Computers and Growth with Costs of Adjustment: Will the Future Look Like the Past?

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  URL: https://www.federalreserve.gov/econres/feds/computers-and-growth-with-costs-of-adjustment-will-the-future-look-like-the-past.htm
  



• The Fed - Option Prices with Uncertain Fundamentals Theory and Evidence on the Dynamics of Implied Volatilities

  market price of "belief risk." For the special case where the drift takes

  URL: https://www.federalreserve.gov/econres/feds/option-prices-with-uncertain-fundamentals-theory-and-evidence-on-the-dynamics-of-implied-volatilities.htm
  



• The Fed - Is Reallocation Related to the Cycle? A Look at Permanent and Temporary Job Flows

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  URL: https://www.federalreserve.gov/econres/feds/is-reallocation-related-to-the-cycle-a-look-at-permanent-and-temporary-job-flows.htm
  



• The Fed - Why Are Semiconductor Prices Falling So Fast? Industry Estimates and Implications for Productivity Measurement

  market, those price declines may also reflect changes in Intel's profit...And, finally, the data suggest that virtually all of the remaining price

  URL: https://www.federalreserve.gov/econres/feds/why-are-semiconductor-prices-falling-so-fast-industry-estimates-and-implications-for-productivity-measurement.htm
  



• The Fed - Estimates of r* Consistent with a Supply-Side Structure and a Monetary Policy Rule for the U.S. Economy

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  URL: https://www.federalreserve.gov/econres/feds/estimates-of-r-consistent-with-supply-side-structure-and-monetary-policy-rule-US-economy.htm
  



• The Fed - Executive Financial Incentives and Payout Policy: Firm Responses to the 2003 Dividend Tax Cut

  market appears to have at least partially anticipated that executives

  URL: https://www.federalreserve.gov/econres/feds/executive-financial-incentives-and-payout-policy-firm-responses-to-the-2003-dividend-tax-cut.htm
  



• The Fed - Measurement Error and Time Aggregation: A Closer Look at Estimates of Output-Labor Elasticities

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  URL: https://www.federalreserve.gov/econres/feds/measurement-error-and-time-aggregation-a-closer-look-at-estimates-of-output-labor-elasticities.htm
  



• The Fed - Tax Exhaustion, Firm Investment, and Leasing: A Test of the Q Model of Investment

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  URL: https://www.federalreserve.gov/econres/feds/tax-exhaustion-firm-investment-and-leasing-a-test-of-the-q-model-of-investment.htm
  



• The Fed - The Correlation between Money and Output in the United Kingdom: Resolution of a Puzzle

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  URL: https://www.federalreserve.gov/econres/feds/the-correlation-between-money-and-output-in-the-united-kingdom-resolution-of-a-puzzle.htm
  

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