Board of Governors of the Federal Reserve System

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• The Fed - Evidence of Excess Returns on Firms That Issue or Repurchase Equity

  market beta of the returns to the portfolios of repurchasers exceeds only

  URL: https://www.federalreserve.gov/econres/feds/evidence-of-excess-returns-on-firms-that-issue-or-repurchase-equity.htm
  



• The Fed - Has Intergenerational Progress Stalled? Income Growth Over Five Generations of Americans

  market income than Baby Boomers. Intergenerational progress for Millennials

  URL: https://www.federalreserve.gov/econres/feds/has-intergenerational-progress-stalled-income-growth-over-five-generations-of-americans.htm
  



• The Fed - Changing Stability in U.S. Employment Relationships: A Tale of Two Tails

  market: the rate at which workers change employers has declined since

  URL: https://www.federalreserve.gov/econres/feds/changing-stability-in-us-employment-relationships-a-tale-of-two-tails.htm
  



• The Fed - A Fully-Rational Liquidity-Based Theory of IPO Underpricing and Underperformance

  market power, and set the IPO offer price below the aftermarket trading...market microstructure PDF: Full Paper Disclaimer: The economic research

  URL: https://www.federalreserve.gov/econres/feds/a-fully-rational-liquidity-based-theory-of-ipo-underpricing-and-underperformance.htm
  



• The Fed - Efficiency of Financial Institutions: International Survey and Directions for Future Research

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  URL: https://www.federalreserve.gov/econres/feds/efficiency-of-financial-institutions-international-survey-and-directions-for-future-research.htm
  



• The Fed - Nonparametric Density Estimation and Tests of Continuous Time Interest Rate Models

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  URL: https://www.federalreserve.gov/econres/feds/nonparametric-density-estimation-and-tests-of-continuous-time-interest-rate-models.htm
  



• The Fed - Outstanding Outsourcers: A Firm- and Plant-Level Analysis of Production Sharing

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  URL: https://www.federalreserve.gov/econres/feds/outstanding-outsourcers-a-firm-and-plant-level-analysis-of-production-sharing.htm
  



• The Fed - Aggregate Implications of Deviations from Modigliani-Miller: A Sufficient Statistics Approach

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  URL: https://www.federalreserve.gov/econres/feds/aggregate-implications-of-deviations-from-modigliani-miller-a-sufficient-statistics-approach.htm
  



• The Fed - Tossed and Turned: Wealth Dynamics of U.S. Households 2007-2009

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  URL: https://www.federalreserve.gov/econres/feds/tossed-and-turned-wealth-dynamics-of-us-households-2007-2009.htm
  



• The Fed - An Empirical Analysis of Futures Margin Changes: Determinants and Policy Implications

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  URL: https://www.federalreserve.gov/econres/feds/an-empirical-analysis-of-futures-margin-changes-determinants-and-policy-implications.htm
  

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