Board of Governors of the Federal Reserve System

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• The Fed - Sovereign Risk Matters: The Effects of Endogenous Default Risk on the Time-Varying Volatility of Interest Rate Spreads

  economic variables. Volatility correlates positively with the level of

  URL: https://www.federalreserve.gov/econres/ifdp/sovereign-risk-matters-effects-endogenous-default-risk-on-time-varying-volatility-interest-rate-spreads.htm
  



• The Fed - Can Structural Reforms Help Europe?

  economic activity in the short run, and may well be contractionary. Absent

  URL: https://www.federalreserve.gov/econres/ifdp/can-structural-reforms-help-europe.htm
  



• The Fed - Stock Market Cross-Sectional Skewness and Business Cycle Fluctuations

  economic performance of their borrowers. Keywords: Cross-Sectional Skewness

  URL: https://www.federalreserve.gov/econres/ifdp/stock-market-cross-sectional-skewness-and-business-cycle-fluctuations.htm
  



• The Fed - Ambiguity in Securitization Markets

  economic activity. Lastly, I consider the differing implications of ambiguity

  URL: https://www.federalreserve.gov/econres/feds/ambiguity-in-securitization-markets.htm
  



• The Fed - News and Uncertainty Shocks

  economic activity to news shocks are strengthened in the short term; and

  URL: https://www.federalreserve.gov/econres/ifdp/news-and-uncertainty-shocks.htm
  



• The Fed - Finance and Productivity Growth: Firm-level Evidence

  economic activity remains persistently depressed following financial crisis

  URL: https://www.federalreserve.gov/econres/feds/finance-and-productivity-growth-firm-level-evidence.htm
  



• The Fed - Preventing Controversial Catastrophes

  economic disasters. Costly public policy initiatives to reduce or eliminate

  URL: https://www.federalreserve.gov/econres/feds/preventing-controversial-catastrophes.htm
  



• The Fed - Behavioral Economics and Macroeconomic Models

  economic fluctuations. We survey efforts to use behavioral economics to

  URL: https://www.federalreserve.gov/econres/feds/behavioral-economics-and-macroeconomic-models.htm
  



• The Fed - Internal Migration in the United States

  economic recession in reducing migration recently. Despite its downward

  URL: https://www.federalreserve.gov/econres/feds/internal-migration-in-the-united-states.htm
  



• The Fed - The Elusive Gains from Nationally-Oriented Monetary Policy

  economic fluctuations. In economies with incomplete markets, the incentives

  URL: https://www.federalreserve.gov/econres/ifdp/the-elusive-gains-from-nationally-oriented-monetary-policy.htm
  

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