Board of Governors of the Federal Reserve System

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• The Fed - Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy

  analysis in reducing uncertainty due to money demand shocks. In this case

  URL: https://www.federalreserve.gov/econres/feds/data-uncertainty-and-the-role-of-money-as-an-information-variable-for-monetary-policy.htm
  



• The Fed - Optimal Investment With Fixed Financing Costs

  analysis shows that it generates more realistic predictions about liquidity

  URL: https://www.federalreserve.gov/econres/feds/optimal-investment-with-fixed-financing-costs.htm
  



• The Fed - Will the Proposed Application of Basel II in the United States Encourage Increased Bank Merger Activity? Evidence from Past Merger Activity

  analysis of the change in merger activity that occurred the last time

  URL: https://www.federalreserve.gov/econres/feds/will-the-proposed-application-of-basel-ii-in-the-united-states-encourage-increased-bank-merger-activity-evidence-from-past-.htm
  



• The Fed - Are Basel's Capital Surcharges for Global Systemically Important Banks Too Small?

  analysis suggests that current surcharges are too low because of three

  URL: https://www.federalreserve.gov/econres/feds/are-basels-capital-surcharges-for-global-systemically-important-banks-too-small.htm
  



• The Fed - Do Low Human Capital Coefficients Make Sense? A Puzzle and Some Answers

  analysis, I find that human capital accumulation accounts for a relatively

  URL: https://www.federalreserve.gov/econres/feds/do-low-human-capital-coefficients-make-sense-a-puzzle-and-some-answers.htm
  



• The Fed - Analyzing Alternative Intraday Credit Policies in Real-Time Gross Settlement Systems

  analysis of central bank objectives and commercial bank payment activity

  URL: https://www.federalreserve.gov/econres/feds/analyzing-alternative-intraday-credit-policies-in-real-time-gross-settlement-systems.htm
  



• The Fed - Inflation and Real Activity over the Business Cycle

  analysis. We explain empirically and theoretically how to reconcile these

  URL: https://www.federalreserve.gov/econres/feds/inflation-and-real-activity-over-the-business-cycle.htm
  



• The Fed - An Empirical Test of Auction Efficiency: Evidence from MBS Auctions of the Federal Reserve

  analysis involve technical assumptions made about the specific auction

  URL: https://www.federalreserve.gov/econres/feds/an-empirical-test-of-auction-efficiency-evidence-from-mbs-auctions-of-the-federal-reserve.htm
  



• The Fed - Consumer Spending and Fiscal Consolidation: Evidence from a Housing Tax Experiment

  analysis of the effects of a fiscal consolidation policy on consumer spending

  URL: https://www.federalreserve.gov/econres/feds/consumer-spending-and-fiscal-consolidation-evidence-from-a-housing-tax-experiment.htm
  



• The Fed - Forecasting Exogenous Fiscal Variables in the United States

  analysis of the FRB forecasts has not been done before. Keywords: Fiscal

  URL: https://www.federalreserve.gov/econres/feds/forecasting-exogenous-fiscal-variables-in-the-united-states.htm
  

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