Board of Governors of the Federal Reserve System

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• The Fed - Can Forecast Errors Predict Financial Crises? Exploring the Properties of a New Multivariate Credit Gap

  market economies. The resulting credit gaps fit historical evidence well

  URL: https://www.federalreserve.gov/econres/feds/can-forecast-errors-predict-financial-crises.htm
  



• The Fed - On the (In)effectiveness of Fiscal Devaluations in a Monetary Union

  markets are perfectly integrated. In contrast to the existing literature

  URL: https://www.federalreserve.gov/econres/feds/on-the-ineffectiveness-of-fiscal-devaluations-in-a-monetary-union.htm
  



• The Fed - What Drives the Cross-Section of Credit Spreads?: A Variance Decomposition Approach

  market-level findings in Gilchrist and Zakrajsek (2012), at the firm level

  URL: https://www.federalreserve.gov/econres/feds/what-drives-the-cross-section-of-credit-spreads-a-variance-decomposition-approach.htm
  



• The Fed - Old-Fashioned Deposit Runs

  market discipline and financial instability. Accessible materials (.zip

  URL: https://www.federalreserve.gov/econres/feds/old-fashioned-deposit-runs.htm
  



• The Fed - Regime-Switching Models for Estimating Inflation Uncertainty

  markets. The paper then uses the models to construct prediction intervals

  URL: https://www.federalreserve.gov/econres/feds/regime-switching-models-for-estimating-inflation-uncertainty.htm
  



• The Fed - Citigroup

  market stability. The terms of the arrangement, under which the government

  URL: https://www.federalreserve.gov/regreform/reform-citi.htm
  



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

  market interest rate spreads display substantial time-varying volatility

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



• The Fed - The State Dependent Effectiveness of Hiring Subsidies

  market frictions, hiring costs, hiring subsidies, employment stabilization

  URL: https://www.federalreserve.gov/econres/ifdp/the-state-dependent-effectiveness-of-hiring-subsidies.htm
  



• FRB: Monetary Policy Report, February 29, 2012 - Abbreviations

  market economy E&S equipment and software FDIC Federal Deposit Insurance...Market Committee; also, the Committee FRBNY Federal Reserve Bank of New

  URL: https://www.federalreserve.gov/monetarypolicy/mpr_20120229_appendix.htm
  



• The Fed - Accessible Version

  Market Committee. Third level: The 5 Key Functions of the Federal Reserve

  URL: https://www.federalreserve.gov/publications/january-2024-annual-performance-plan-2024-accessible.htm
  

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