Board of Governors of the Federal Reserve System

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• The Fed - Welfare Effects of Tax Policy in Open Economies: Stabilization and Cooperation

  markets. We investigate the possibility of welfareimproving active tax

  URL: https://www.federalreserve.gov/econres/feds/welfare-effects-of-tax-policy-in-open-economies-stabilization-and-cooperation.htm
  



• The Fed - Bayesian Estimation of Time-Changed Default Intensity Models

  market. Relative to the widely-used CIR model for the default intensity

  URL: https://www.federalreserve.gov/econres/feds/bayesian-estimation-of-time-changed-default-intensity-models.htm
  



• The Fed - The Impact of Credit Unions on the Rates Offered for Retail Deposits by Banks and Thrift Institutions

  market presence of credit unions, variously measured, on the rates for

  URL: https://www.federalreserve.gov/econres/feds/the-impact-of-credit-unions-on-the-rates-offered-for-retail-deposits-by-banks-and-thrift-institutions.htm
  



• The Fed - Mutual Fund Flows, Monetary Policy and Financial Stability

  market. Accessible materials (.zip) Keywords: First-mover advantage, Monetary

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



• The Fed - Using Federal Funds Futures Contracts for Monetary Policy Analysis

  market-based monetary policy surprises. These surprises are usually thought

  URL: https://www.federalreserve.gov/econres/feds/using-federal-funds-futures-contracts-for-monetary-policy-analysis.htm
  



• The Fed - Long-Term Banking Relationships in General Equilibrium

  markets can affect real investment and output by disrupting established

  URL: https://www.federalreserve.gov/econres/ifdp/long-term-banking-relationships-in-general-equilibrium.htm
  



• The Fed - Non-Linear Employment Effects of Tax Policy

  market and an extensive margin of employment adjustment. The model exhibits

  URL: https://www.federalreserve.gov/econres/ifdp/non-linear-employment-effects-of-tax-policy.htm
  



• The Fed - The Revealed Competitiveness of U.S. Exports

  market share is not a sufficient statistic for competitiveness. Full paper

  URL: https://www.federalreserve.gov/econres/ifdp/the-revealed-competitiveness-of-us-exports.htm
  



• The Fed - Information Systems for Risk Management

  Market risk, Value at Risk, risk measurement PDF: Full Paper Disclaimer

  URL: https://www.federalreserve.gov/econres/ifdp/information-systems-for-risk-management.htm
  



• The Fed - Option-Implied Libor Rate Expectations across Currencies

  market events. Next, I compute distributional moments from density functions

  URL: https://www.federalreserve.gov/econres/ifdp/option-implied-libor-rate-expectations-across-currencies.htm
  

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