Board of Governors of the Federal Reserve System

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• Finance and Economics Discussion Series Divisions of Research & Statistics and Monetary Affairs Federal Reserve Board,

  Federal Reserve Bank of New York, NYU Stern, and the 2017 Southern Economic...debt today might impair the availability of other credit in the future

  URL: https://www.federalreserve.gov/econres/feds/files/2018025pap.pdf
  



• The Fed - Tax Exhaustion, Firm Investment, and Leasing: A Test of the Q Model of Investment

  credits. However, tax exhausted firms face a higher cost of capital, and

  URL: https://www.federalreserve.gov/econres/feds/tax-exhaustion-firm-investment-and-leasing-a-test-of-the-q-model-of-investment.htm
  



• The Fed - Are Longer Bankruptcies Really More Costly?

  credit risk PDF: Full Paper Disclaimer: The economic research that is

  URL: https://www.federalreserve.gov/econres/feds/are-longer-bankruptcies-really-more-costly.htm
  



• The Fed - Families' Use of Payment Instruments During a Decade of Change in the U.S. Payment System

  credit cards, debit cards, and direct payments--grew from 25 percent in

  URL: https://www.federalreserve.gov/econres/feds/families39-use-of-payment-instruments-during-a-decade-of-change-in-the-us-payment-system.htm
  



• The Fed - An Empirical Analysis of Bond Recovery Rates: Exploring a Structural View of Default

  credit risk model PDF: Full Paper Disclaimer: The economic research that

  URL: https://www.federalreserve.gov/econres/feds/an-empirical-analysis-of-bond-recovery-rates-exploring-a-structural-view-of-default.htm
  



• The Fed - Foreign economic policy uncertainty and U.S. equity returns

  credit demand decline in response to such a shock. Keywords: Economic

  URL: https://www.federalreserve.gov/econres/ifdp/foreign-economic-policy-uncertainty-and-us-equity-returns.htm
  



• The Fed - When is Monetary Policy Effective?

  credit-rationing theories. First, we find that models that allow for asymmetries

  URL: https://www.federalreserve.gov/econres/ifdp/when-is-monetary-policy-effective.htm
  



• The Fed - Beliefs, Aggregate Risk, and the U.S. Housing Boom

  credit conditions loosen, agents can only partially revise up their beliefs

  URL: https://www.federalreserve.gov/econres/feds/beliefs-aggregate-risk-and-the-u-s-housing-boom.htm
  



• The Fed - Monetary Policy and Home Buying Inequality

  credit decisions. Exploiting the timing of high-frequency observations

  URL: https://www.federalreserve.gov/econres/feds/monetary-policy-and-home-buying-inequality.htm
  



• The Fed - The International Spillovers of Synchronous Monetary Tightening

  credit by global financial intermediaries causing large output losses

  URL: https://www.federalreserve.gov/econres/ifdp/the-international-spillovers-of-synchronous-monetary-tightening.htm
  

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