Board of Governors of the Federal Reserve System

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• The Fed - High-Frequency Estimates of the Natural Real Rate and Inflation Expectations

  analysis--for example, we show that the natural real rate and long-horizon

  URL: https://www.federalreserve.gov/econres/feds/high-frequency-estimates-of-the-natural-real-rate-and-inflation-expectations.htm
  



• The Fed - Inflation Targeting under Imperfect Knowledge

  analysis suggests that simple difference rules in the spirit of Knut Wicksell

  URL: https://www.federalreserve.gov/econres/feds/inflation-targeting-under-imperfect-knowledge.htm
  



• The Fed - The Swaps Strike Back: Evaluating Expectations of One-Year Inflation

  analysis suggests that combining the two expectations can lead to even

  URL: https://www.federalreserve.gov/econres/feds/the-swaps-strike-back-evaluating-expectations-of-one-year-inflation.htm
  



• The Fed - Benchmarking Operational Risk Models

  Analysis and Review (CCAR) requires banks to project operational risk

  URL: https://www.federalreserve.gov/econres/feds/benchmarking-operational-risk-models.htm
  



• The Fed - Inflation, Price Dispersion, and Welfare: The Role of Consumer Search

  analysis. In this paper, I study the relationship between steady-state

  URL: https://www.federalreserve.gov/econres/feds/inflation-price-dispersion-and-welfare-the-role-of-consumer-search.htm
  



• The Fed - Monetary Policy, Employment Shortfalls, and the Natural Rate Hypothesis

  analysis implies that monetary accommodation of strength in economic activity

  URL: https://www.federalreserve.gov/econres/feds/monetary-policy-employment-shortfalls-and-the-natural-rate-hypothesis.htm
  



• The Fed - Dollarization in Argentina

  analysis of peso money demand in Argentina finds a negative "ratchet effect

  URL: https://www.federalreserve.gov/econres/ifdp/dollarization-in-argentina.htm
  



• The Fed - Committing to Grow: Privatizations and Firm Dynamics in East Germany

  analysis, using a novel dataset and instrumental variable approach, confirms

  URL: https://www.federalreserve.gov/econres/ifdp/committing-to-grow-privatizations-and-firm-dynamics-in-east-germany.htm
  



• The Fed - The Statistical Discrepancy in the U. S. International Transactions Accounts: Sources and Suggested Remedies

  analysis. The paper concludes with a list of recommendations for data

  URL: https://www.federalreserve.gov/econres/ifdp/the-statistical-discrepancy-in-the-u-s-international-transactions-accounts-sources-and-suggested-remedies.htm
  



• The Fed - The Role of Oil Price Shocks in Causing U.S. Recessions

  analysis of this question with special attention to the possible role

  URL: https://www.federalreserve.gov/econres/ifdp/the-role-of-oil-price-shocks-in-causing-us-recessions.htm
  

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