Board of Governors of the Federal Reserve System

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• The Fed - The Optimal Inflation Rate with Discount Factor Heterogeneity

  from long-run price stability are optimal in the presence of price stickiness

  URL: https://www.federalreserve.gov/econres/feds/the-optimal-inflation-rate-with-discount-factor-heterogeneity.htm
  



• The Fed - Are Shadow Rate Models of the Treasury Yield Curve Structurally Stable?

  from 2008 onwards during which the U.S. policy rate was at its effective

  URL: https://www.federalreserve.gov/econres/feds/are-shadow-rate-models-of-the-treasury-yield-curve-structurally-stable.htm
  



• The Fed - Correcting for Endogeneity in Models with Bunching

  from this page represents the views of the authors and does not indicate

  URL: https://www.federalreserve.gov/econres/feds/correcting-for-endogeneity-in-models-with-bunching.htm
  



• The Fed - Default Correlation: An Analytical Result

  from this page represents the views of the authors and does not indicate

  URL: https://www.federalreserve.gov/econres/feds/default-correlation-an-analytical-result.htm
  



• The Fed - Dynamic Equilibrium Economies: A Framework for Comparing Models and Data

  from this page represents the views of the authors and does not indicate

  URL: https://www.federalreserve.gov/econres/feds/dynamic-equilibrium-economies-a-framework-for-comparing-models-and-data.htm
  



• The Fed - Inflation at Risk

  from the 1970s reveals ample variability in the conditional predictive

  URL: https://www.federalreserve.gov/econres/feds/inflation-at-risk.htm
  



• The Fed - Macroeconomic Effects of Large-Scale Asset Purchases: New Evidence

  from high-frequency yield changes. We estimate that, at the peak, a $500

  URL: https://www.federalreserve.gov/econres/feds/macroeconomic-effects-of-large-scale-asset-purchases-new-evidence.htm
  



• The Fed - Monetary Policy Implementation with an Ample Supply of Reserves

  from the experience in the United States since the 2007-09 financial crisis

  URL: https://www.federalreserve.gov/econres/feds/monetary-policy-implementation-with-an-ample-supply-of-reserves.htm
  



• The Fed - Social Security Privatization: What It Can and Cannot Accomplish

  from this page represents the views of the authors and does not indicate

  URL: https://www.federalreserve.gov/econres/feds/social-security-privatization-what-it-can-and-cannot-accomplish.htm
  



• The Fed - When it Rains it Pours: Cascading Uncertainty Shocks

  From a theoretical perspective, these findings are puzzling: existing

  URL: https://www.federalreserve.gov/econres/feds/when-it-rains-it-pours-cascading-uncertainty-shocks.htm
  

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