Board of Governors of the Federal Reserve System

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• The Fed - Monetary Union, Price Level Convergence, and Inflation: How Close is Europe to the United States?

  markets, and increased coherence of monetary policy. I also investigate

  URL: https://www.federalreserve.gov/econres/ifdp/monetary-union-price-level-convergence-and-inflation-how-close-is-europe-to-the-united-states.htm
  



• The Fed - Comparing Costs of Note Issuance Facilities and Eurocredits

  markets, especially for borrowers in industrial countries, because borrowers

  URL: https://www.federalreserve.gov/econres/ifdp/comparing-costs-of-note-issuance-facilities-and-eurocredits.htm
  



• The Fed - Determinants of Japanese Direct Investment in U.S. Manufacturing Industries

  markets, presence of valuable patents, and more highly concentrated production

  URL: https://www.federalreserve.gov/econres/ifdp/determinants-of-japanese-direct-investment-in-us-manufacturing-industries.htm
  



• The Fed - Optimal Fiscal and Monetary Policy with Sticky Wages and Sticky Prices

  market imperfections that are widely-believed to be important. Full paper

  URL: https://www.federalreserve.gov/econres/ifdp/optimal-fiscal-and-monetary-policy-with-sticky-wages-and-sticky-prices.htm
  



• The Fed - What Happens in China Does Not Stay in China

  markets have been found to be small owing to China's limited integration

  URL: https://www.federalreserve.gov/econres/ifdp/what-happens-in-china-does-not-stay-in-china.htm
  



• The Fed - Real Exchange Rates and Inflation in Exchange-Rate Based Stabilizations: An Empirical Examination

  market for non-traded goods, and (2) persistence effects of past inflation

  URL: https://www.federalreserve.gov/econres/ifdp/real-exchange-rates-and-inflation-in-exchange-rate-based-stabilizations-an-empirical-examination.htm
  



• The Fed - The Political Economy of the Won: U.S.-Korean Bilateral Negotiations on Exchange Rates

  market average-rate system in March 1990, Korea was removed from Treasury's

  URL: https://www.federalreserve.gov/econres/ifdp/the-political-economy-of-the-won-us-korean-bilateral-negotiations-on-exchange-rates.htm
  



• The Fed - Real Interest Rates During the Disinflation Process in Developing Countries

  goods-market equilibrium, however, a reduction in the fiscal deficit reduces

  URL: https://www.federalreserve.gov/econres/ifdp/real-interest-rates-during-the-disinflation-process-in-developing-countries.htm
  



• The Fed - Macroeconomic Instability of the Less Developed Country Economy when Bank Credit is Rationed

  market clearing levels, this leads to credit rationing. Generally, firms

  URL: https://www.federalreserve.gov/econres/ifdp/macroeconomic-instability-of-the-less-developed-country-economy-when-bank-credit-is-rationed.htm
  



• The Fed - F.122 Mutual Funds

  market value) FA654022005 356.5 339.7 -1048.2 436.5 1228.2 742.3 1191.8...market value) FA653061105 120.0 -46.5 -1062.7 406.0 222.9 247.9 298.7

  URL: https://www.federalreserve.gov/releases/z1/20211209/html/f122.htm
  

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