Board of Governors of the Federal Reserve System

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• The Fed - Time-varying uncertainty of the Federal Reserve's output gap estimate

  responses in economic variables. Accessible materials (.zip) Original

  URL: https://www.federalreserve.gov/econres/feds/time-varying-uncertainty-of-the-federal-reserves-output-gap-estimate.htm
  



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

  response to aggregate shocks. Key to this finding is an "envelope" property

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



• The Fed - Bottom-up leading macroeconomic indicators: An application to non-financial corporate defaults using machine learning

  responses validate the interpretation of the index as a measure of financial

  URL: https://www.federalreserve.gov/econres/feds/bottom-up-leading-macroeconomic-indicators-an-application-to-non-financial-corporate-defaults-using-machine-learning.htm
  



• The Fed - Pricing Poseidon: Extreme Weather Uncertainty and Firm Return Dynamics

  responses to the uncertainty regarding both potential hurricane landfall

  URL: https://www.federalreserve.gov/econres/feds/pricing-poseidon-extreme-weather-uncertainty-and-firm-return-dynamics.htm
  



• The Fed - Do Mortgage Subsidies Help or Hurt Borrowers?

  responses attenuate efficiency losses. My results provide broader methodological

  URL: https://www.federalreserve.gov/econres/feds/do-mortgage-subsidies-help-or-hurt-borrowers.htm
  



• The Fed - Gauging the Ability of the FOMC to Respond to Future Recessions

  response to a future recession, suggesting a risk that economic downturns

  URL: https://www.federalreserve.gov/econres/feds/gauging-the-ability-of-the-fomc-to-respond-to-future-recessions.htm
  



• The Fed - Monetary Policy, Real Activity, and Credit Spreads: Evidence from Bayesian Proxy SVARs

  response of all variables to monetary shocks. Accessible materials (.zip

  URL: https://www.federalreserve.gov/econres/feds/monetary-policy-real-activity-and-credit-spreads-evidence-from-bayesian-proxy-svars.htm
  



• The Fed - Fiscal Rules, What Does the American Experience Tell Us?

  response to unanticipated budget shocks. We conclude that rules at the

  URL: https://www.federalreserve.gov/econres/feds/fiscal-rules-what-does-the-american-experience-tell-us.htm
  



• The Fed - Taylor Rules

  response to developments in inflation and macroeconomic activity. This

  URL: https://www.federalreserve.gov/econres/feds/taylor-rules.htm
  



• The Fed - Consumers' Attitudes and Their Inflation Expectations

  response to increasing media reporting about inflation. Equivalent results

  URL: https://www.federalreserve.gov/econres/feds/consumers39-attitudes-and-their-inflation-expectations.htm
  

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