Board of Governors of the Federal Reserve System

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• The Fed - Financing Constraints, Firm Dynamics, and International Trade

  rates, and are more likely to survive. Exporters are larger, their survival

  URL: https://www.federalreserve.gov/econres/feds/financing-constraints-firm-dynamics-and-international-trade.htm
  



• The Fed - Monetary Policy and the Information Content of the Yield Spread

  short-rate. Furthermore, numerical experiments suggest that the post-1979

  URL: https://www.federalreserve.gov/econres/feds/monetary-policy-and-the-information-content-of-the-yield-spread.htm
  



• The Fed - Designing a Main Street Lending Facility

  rates to businesses. Both the multi-tier and flat structures deliver welfare

  URL: https://www.federalreserve.gov/econres/feds/designing-a-main-street-lending-facility.htm
  



• The Fed - Bank Failure, Relationship Lending, and Local Economic Performance

  rates, and lower employment. Additionally, I find that the structure of

  URL: https://www.federalreserve.gov/econres/feds/bank-failure-relationship-lending-and-local-economic-performance.htm
  



• The Fed - Central banks as lender of last resort: experiences during the 2007-2010 crisis and lessons for the future

  rate. But there were many exceptions to these rules. Those exceptions

  URL: https://www.federalreserve.gov/econres/feds/central-banks-as-lender-of-last-resort-experiences-during-the-2007-2010-crisis-and-lessons-for-the-future.htm
  



• The Fed - Optimal Monetary Policy with State-Dependent Pricing

  rate of inflation has no effect on firms' profits and therefore it has

  URL: https://www.federalreserve.gov/econres/feds/optimal-monetary-policy-with-state-dependent-pricing.htm
  



• The Fed - The Risk-Adjusted Monetary Policy Rule

  rate to which inflation will eventually converge---which can be undesirable

  URL: https://www.federalreserve.gov/econres/feds/the-risk-adjusted-monetary-policy-rule.htm
  



• The Fed - Limited Market Participation and Asset Prices in the Presence of Earnings Management

  rates in the recent years. Full paper (screen reader version) Keywords

  URL: https://www.federalreserve.gov/econres/ifdp/limited-market-participation-and-asset-prices-in-the-presence-of-earnings-management.htm
  



• The Fed - Why has Trade Grown Faster than Income?

  rates are associated with growth in the ratio. There are important differences

  URL: https://www.federalreserve.gov/econres/ifdp/why-has-trade-grown-faster-than-income.htm
  



• The Fed - Hysteresis in a Simple Model of Currency Substitution

  rate of inflation can drive the economy to a dollarized equilibrium in

  URL: https://www.federalreserve.gov/econres/ifdp/hysteresis-in-a-simple-model-of-currency-substitution.htm
  

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