Board of Governors of the Federal Reserve System

Authorized for public release by the FOMC Secretariat on 03/31/2017 Evaluating the Forecasting Performance of Commodity Futures Prices Robert Vigfusson

participate in the Federal Reserve Bank of San Francisco’s Asia Economic...2000s.2 At each 1 The views expressed here are my own and not necessarily

2000 2001 2002 2003 2004 2005 5 6 7 8 9 10 11 12 5 6 7 8 9 10 11 12 Billions...2000 2001 2002 2003 2004 2005 3 5 7 9 11 13 15 17 21 3 5 7 9 11 13 15

participating in the survey account for almost all dealer financing of

2000; and WHEREAS, on December 10, 2012, the Board of Directors of Holdings

participating in business symposiums and conferences.4 Under the IBA and...participating in multilateral efforts to combat money laundering; whether

2000 2002 2004 2006 2008 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 1.1 1.2 1.3...2000 2002 2004 2006 2008 35 40 45 50 55 60 35 40 45 50 55 60 Index 2000

K.7 Capital Flows, Asset Prices, and the Real Economy: A "China Shock" in the U.S. Real Estate Market Li, Zhimin, Leslie Sheng Shen, and Calvin

2000s. Nonetheless, they have small influence over output dynamics, because...2000. Shaded area indicates NBER recessions. that ISP shocks account for

Prefatory Note The attached document represents the most complete and accurate version available based on original copies culled from the files