Board of Governors of the Federal Reserve System

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• The Fed - Why and When do Spot Prices of Crude Oil Revert to Futures Price Levels?

  response to convenience yield is also nonlinear. Equivalently, futures

  URL: https://www.federalreserve.gov/econres/feds/why-and-when-do-spot-prices-of-crude-oil-revert-to-futures-price-levels.htm
  



• The Fed - US Monetary Policy and International Bond Markets

  response of sovereign credit spreads to US monetary policy differs between

  URL: https://www.federalreserve.gov/econres/feds/us-monetary-policy-and-international-bond-markets.htm
  



• The Fed - The Institutional Memory Hypothesis and the Procyclicality of Bank Lending Behavior

  responses. The empirical analysis provides support for the hypothesis.

  URL: https://www.federalreserve.gov/econres/feds/the-institutional-memory-hypothesis-and-the-procyclicality-of-bank-lending-behavior.htm
  



• The Fed - The Equivalence of Wage and Price Staggering in Monetary Business Cycle Models

  responses to monetary shocks. Keywords: Taylor-contracting, output persistence

  URL: https://www.federalreserve.gov/econres/ifdp/the-equivalence-of-wage-and-price-staggering-in-monetary-business-cycle-models.htm
  



• The Fed - Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach

  responses can be observed only for the included variables, which generally

  URL: https://www.federalreserve.gov/econres/feds/measuring-the-effects-of-monetary-policy-a-factor-augmented-vector-autoregressive-favar-approach.htm
  



• The Fed - The Effect of Gasoline Prices on Household Location

  response may prevent the change in housing demand from capitalizing in

  URL: https://www.federalreserve.gov/econres/feds/the-effect-of-gasoline-prices-on-household-location.htm
  



• The Fed - The Federal Reserve's Large-Scale Asset Purchase Programs: Rationale and Effects

  response. The estimates suggest that the scarcity and duration channels

  URL: https://www.federalreserve.gov/econres/feds/the-federal-reserve39s-large-scale-asset-purchase-programs-rationale-and-effects.htm
  



• The Fed - The Impact of Low-Skilled Immigration on the Youth Labor Market

  response to immigration, I find little evidence that reduced employment

  URL: https://www.federalreserve.gov/econres/feds/the-impact-of-low-skilled-immigration-on-the-youth-labor-market.htm
  



• The Fed - Explaining a Productive Decade

  response to profit pressures, an unlikely source of future strength. In

  URL: https://www.federalreserve.gov/econres/feds/explaining-a-productive-decade.htm
  



• The Fed - Slow capital, fast prices: Shocks to funding liquidity and stock price reversals

  response to a negative shock, prices fall "too far" before reversing course

  URL: https://www.federalreserve.gov/econres/feds/slow-capital-fast-prices-shocks-to-funding-liquidity-and-stock-price-reversals.htm
  

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