Board of Governors of the Federal Reserve System

To: Research Directors From: Matthew M. Luecke Subject: Supporting Documents...GDP growth is about 2.6 percent, on average, over the projection horizon

debt markets. The U.S. unemployment rate rises 6.3 percentage points from

GDP growth, inflation, and the U.S./foreign currency exchange rate) in...GDP declines nearly 5 percent between the third quarter of 2012 and the

GDP Real Trade/IP Nominal Trade/GDP 1980Q1 100 100.009 100 1980Q2 98.00528...GDP in Share of Investment 1980:Q1 = 100 Trade/GDP Inv/GDP 1980 2001.441

debt structure and interest rate derivative positions of nonfinancial ...debt structure across firms and time tend to be counterbalanced by difference

GDP growth using a novel identification scheme. Our approach exploits ...GDP to a negative shock to aggregate demand. In contrast, regarding the

GDP for each 1 percentage point deviation of actual GDP relative to potential...GDP. For state and local governments, the deficit increases by about 0.1

GDP) over this period. An immediate payroll tax increase of 1.9 percentage...GDP) for seventy-five years or $45.8 trillion (4.8 percent of GDP) for

debt on US households' balance sheets is now student loan debt. This chapter...debt later in life have less savings than their similarly educated peers

Testimony of Chairman Alan Greenspan Federal Reserve Board�s semiannual monetary policy report to the Congress Before the Committee on Financial