Board of Governors of the Federal Reserve System

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• The Fed - Understanding the Role of Recovery in Default Risk Models: Empirical Comarisons and Implied Recovery Rates

  credit derivatives that are contingent on the default event and/or recovery

  URL: https://www.federalreserve.gov/econres/feds/understanding-the-role-of-recovery-in-default-risk-models-empirical-comarisons-and-implied-recovery-rates.htm
  



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

  credits. However, tax exhausted firms face a higher cost of capital, and

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



• The Fed - Dollar Funding and the Lending Behavior of Global Banks

  credit quality. Because these banks rely on wholesale dollar funding,

  URL: https://www.federalreserve.gov/econres/feds/dollar-funding-and-the-lending-behavior-of-global-banks.htm
  



• The Fed - Are Longer Bankruptcies Really More Costly?

  credit risk PDF: Full Paper Disclaimer: The economic research that is

  URL: https://www.federalreserve.gov/econres/feds/are-longer-bankruptcies-really-more-costly.htm
  



• The Fed - Families' Use of Payment Instruments During a Decade of Change in the U.S. Payment System

  credit cards, debit cards, and direct payments--grew from 25 percent in

  URL: https://www.federalreserve.gov/econres/feds/families39-use-of-payment-instruments-during-a-decade-of-change-in-the-us-payment-system.htm
  



• The Fed - Further Evidence on the Link between Finance and Growth: An International Analysis of Community Banking and Economic Performance

  credit flows. Data from developing nations are also consistent with favorable

  URL: https://www.federalreserve.gov/econres/feds/further-evidence-on-the-link-between-finance-and-growth-an-international-analysis-of-community-banking-and-economic-perform.htm
  



• The Fed - Small Businesses and Small Business Finance during the Financial Crisis and the Great Recession: New Evidence From the Survey of Consumer Finances

  credit constraints. We document numerous and often complex interdependencies

  URL: https://www.federalreserve.gov/econres/feds/small-businesses-and-small-business-finance-during-the-financial-crisis-and-the-great-recession.htm
  



• The Fed - The Rise in U.S. Household Indebtedness: Causes and Consequences

  credit and higher levels of assets should give households, on average,

  URL: https://www.federalreserve.gov/econres/feds/the-rise-in-us-household-indebtedness-causes-and-consequences.htm
  



• The Fed - An Empirical Analysis of Bond Recovery Rates: Exploring a Structural View of Default

  credit risk model PDF: Full Paper Disclaimer: The economic research that

  URL: https://www.federalreserve.gov/econres/feds/an-empirical-analysis-of-bond-recovery-rates-exploring-a-structural-view-of-default.htm
  



• Federal Reserve Board - 2021

  Credit Facilities LLC Municipal Liquidity Facility LLC Term Asset-Backed

  URL: https://www.federalreserve.gov/aboutthefed/fed-financial-statement-2021.htm
  

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