Board of Governors of the Federal Reserve System

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• The Fed - The Taylor Rule and Interval Forecast For Exchange Rates

  out-of-sample interval forecasting. Most studies in the literature focus...out-of-sample exchange rate realizations equally well. This result is

  URL: https://www.federalreserve.gov/econres/ifdp/the-taylor-rule-and-interval-forecast-for-exchange-rates.htm
  



• The Fed - Complex-Task Biased Technological Change and the Labor Market

  has reallocated from less complex to more complex occupations over time...has reallocated to non-routine occupations over time. We then formulate

  URL: https://www.federalreserve.gov/econres/ifdp/complex-task-biased-technological-change-and-the-labor-market.htm
  



• The Fed - Estimating Dynamic Macroeconomic Models: How Informative Are the Data?

  off-the-shelf DSGE model applied to quarterly Euro Area data from 1970

  URL: https://www.federalreserve.gov/econres/ifdp/estimating-dynamic-macroeconomic-models-how-informative-are-the-data.htm
  



• The Fed - Informed and Strategic Order Flow in the Bond Markets

  has a significant and permanent impact on daily bond yield changes during

  URL: https://www.federalreserve.gov/econres/ifdp/informed-and-strategic-order-flow-in-the-bond-markets.htm
  



• The Fed - International Relative Price Levels: A Look Under the Hood

  new. What is new here is the use of relative price levels (as opposed

  URL: https://www.federalreserve.gov/econres/ifdp/international-relative-price-levels-a-look-under-the-hood.htm
  



• The Fed - Sovereign Debt Crises and Credit to the Private Sector

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  URL: https://www.federalreserve.gov/econres/ifdp/sovereign-debt-crises-and-credit-to-the-private-sector.htm
  



• The Fed - Precautionary Savings and the Wealth Distribution with Illiquid Durables

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  URL: https://www.federalreserve.gov/econres/ifdp/precautionary-savings-and-the-wealth-distribution-with-illiquid-durables.htm
  



• The Fed - Preventing Deflation: Lessons from Japan's Experience in the 1990s

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  URL: https://www.federalreserve.gov/econres/ifdp/preventing-deflation-lessons-from-japan39s-experience-in-the-1990s.htm
  



• The Fed - What Drives Volatility Persistence in the Foreign Exchange Market?

  new simple empirical specification of volatility, based on the Kyle-model

  URL: https://www.federalreserve.gov/econres/ifdp/what-drives-volatility-persistence-in-the-foreign-exchange-market.htm
  



• The Fed - Search Frictions, Labor Supply, and the Asymmetric Business Cycle

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  URL: https://www.federalreserve.gov/econres/ifdp/search-frictions-labor-supply-and-the-asymmetric-business-cycle.htm
  

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