Board of Governors of the Federal Reserve System

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• The Fed - Optimal Fiscal and Monetary Policy When Money is Essential

  rates that arise in standard flexible-price Ramsey models. We also find

  URL: https://www.federalreserve.gov/econres/ifdp/optimal-fiscal-and-monetary-policy-when-money-is-essential.htm
  



• The Fed - When Would Educational Standards Help Improve Scholastic Achievement?

  rate PDF: Full Paper Disclaimer: The economic research that is linked

  URL: https://www.federalreserve.gov/econres/ifdp/when-would-educational-standards-help-improve-scholastic-achievement.htm
  



• The Fed - Macroeconomic State Variables as Determinants of Asset Price Covariances

  rates -- proxying for the general state of the economy -- and find fairly

  URL: https://www.federalreserve.gov/econres/ifdp/macroeconomic-state-variables-as-determinants-of-asset-price-covariances.htm
  



• The Fed - The U.S. External Deficit in the 1980's: An Empirical Analysis

  rate changes. Moreover, the real net export deficit would have widened

  URL: https://www.federalreserve.gov/econres/ifdp/the-us-external-deficit-in-the-198039s-an-empirical-analysis.htm
  



• The Fed - Foreclosure's Wake: The Credit Experiences of Individuals Following Foreclosure

  rates for the recently foreclosed have been higher and, consequently,

  URL: https://www.federalreserve.gov/econres/feds/foreclosure39s-wake-the-credit-experiences-of-individuals-following-foreclosure.htm
  



• The Fed - Robust Monetary Policy with Misspecified Models: Does Model Uncertainty Always Call for Attenuated Policy?

  rate rules and optimal feedback descriptions of monetary policy. We focus

  URL: https://www.federalreserve.gov/econres/feds/robust-monetary-policy-with-misspecified-models-does-model-uncertainty-always-call-for-attenuated-policy.htm
  



• The Fed - Quantitative Implications of Indexed Bonds in Small Open Economies

  rate fluctuations. Because of this tradeoff, there exists a nonmonotonic

  URL: https://www.federalreserve.gov/econres/ifdp/quantitative-implications-of-indexed-bonds-in-small-open-economies.htm
  



• The Fed - International Financial Spillovers to Emerging Market Economies: How Important Are Economic Fundamentals?

  rate appreciation. (4) For earlier episodes, we find little evidence of

  URL: https://www.federalreserve.gov/econres/ifdp/international-financial-spillovers-to-emerging-market-economies-how-important-are-economic-fundamentals.htm
  



• The Fed - Monetary Policy and Financial Stability

  rates. Second, in the presence of the ZLB constraint, an aggressive inflation

  URL: https://www.federalreserve.gov/econres/feds/monetary-policy-and-financial-stability.htm
  



• The Fed - The COVID-19 Shock and Consumer Credit: Evidence from Credit Card Data

  rates of newly issued credit cards to less creditworthy borrowers. Accessible

  URL: https://www.federalreserve.gov/econres/feds/covid-19-shock-and-consumer-credit-evidence-from-credit-card-data.htm
  

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