Board of Governors of the Federal Reserve System

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• The Fed - An Extensive Look at Taxes: How does endogenous retirement affect optimal taxation?

  policy of including endogenously determined retirement in a life cycle...policy by lowering the tax on labor and increases the tax on capital.

  URL: https://www.federalreserve.gov/econres/feds/an-extensive-look-at-taxes-how-does-endogenous-retirement-affect-optimal-taxation.htm
  



• The Fed - Forecasting Exogenous Fiscal Variables in the United States

  spending-policy actions, for short--in the United States. First, we estimate...policy changes in the context of extending recent empirical work of Alan

  URL: https://www.federalreserve.gov/econres/feds/forecasting-exogenous-fiscal-variables-in-the-united-states.htm
  



• Letter to U.S. Bancorp

  expectations for the December 31, 2019, resolution plan (2019 Plan). The

  URL: https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20190329a14.pdf
  



• Letter to The PNC Financial Services Group, Inc.

  expectations for the December 31, 2019, resolution plan (2019 Plan). The

  URL: https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20190329a11.pdf
  



• Letter to Capital One Financial Corporation

  expectations for the December 31, 2019, resolution plan (2019 Plan), the

  URL: https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20190329a4.pdf
  



• The Fed - Managing Capital Flows in the Presence of External Risks

  policy in response to these shocks. In the model, collateral constraints...policy and argue that the size of a tax on international borrowing that

  URL: https://www.federalreserve.gov/econres/ifdp/managing-capital-flows-in-the-presence-of-external-risks.htm
  



• The Fed - Limited Participation in Equity Markets and Business Cycles

  policy. Third, with higher participation the economy becomes less volatile...policy shocks. Accessible materials (.zip) Keywords: Limited Participation

  URL: https://www.federalreserve.gov/econres/feds/limited-participation-in-equity-markets-and-business-cycles.htm
  



• The Fed - Black Swans and Financial Stability: A Framework for Building Resilience

  policies that build the financial system's resilience to unforeseeable...policies that are adaptable, universal, and systemic. Examples are provided

  URL: https://www.federalreserve.gov/econres/feds/black-swans-and-financial-stability-a-framework-for-building-resilience.htm
  



• Merchant Advisory Group, Food Marketing Institute, Retail Industry Leaders Association, National Association of Convenience Stores, National Retail Federation

  policies regarding consumer choice − Eliminates a merchant’s right to ...message networks � Contracts between acquirers and networks − Depending

  URL: https://www.federalreserve.gov/newsevents/rr-commpublic/mag-meeting-20160325.pdf
  



• Finance and Economics Discussion Series Divisions of Research & Statistics and Monetary Affairs Federal Reserve Board,

  expectations may generate bank runs as an inefficient Nash equilibrium...policy lowers deposit rates, while at the same time it also reduces market

  URL: https://www.federalreserve.gov/econresdata/feds/2014/files/201499pap.pdf
  

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