Board of Governors of the Federal Reserve System

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• The Fed - Robust Monetary Policy with Imperfect Knowledge

  gap than would be optimal if everyone had perfect knowledge of the economy

  URL: https://www.federalreserve.gov/econres/feds/robust-monetary-policy-with-imperfect-knowledge.htm
  



• The Fed - Precautionary Savings Motives and Tax Efficiency of Household Portfolios: An Empirical Analysis

  gap by explicitly incorporating uninsurable labor income risk and limited

  URL: https://www.federalreserve.gov/econres/feds/precautionary-savings-motives-and-tax-efficiency-of-household-portfolios-an-empirical-analysis.htm
  



• The Fed - Locked In: Mobility, Market Tightness, and House Prices

  gap between market rates and homeowners' fixed rates– explains 44 percent

  URL: https://www.federalreserve.gov/econres/feds/locked-in-rate-hikes-housing-markets-and-mobility.htm
  



• The Fed - Parental Employment at the Onset of the Pandemic: Effects of Lockdowns and Government Policies

  gap, Administrative data DOI: https://doi.org/10.17016/FEDS.2024.012 PDF

  URL: https://www.federalreserve.gov/econres/feds/parental-employment-at-the-onset-of-the-pandemic.htm
  



• The Fed - U.S. Housing as a Global Safe Asset: Evidence from China Shocks

  gaps co-move closely with macro-level measures of U.S. capital inflows

  URL: https://www.federalreserve.gov/econres/ifdp/us-housing-as-a-global-safe-asset-evidence-from-china-shocks.htm
  



• The Fed - The Asian Financial Crisis, Uphill Flow of Capital, and Global Imbalances: Evidence from a Micro Study

  gap, and allowed the region to turn into a net exporter of capital. We

  URL: https://www.federalreserve.gov/econres/ifdp/the-asian-financial-crisis-uphill-flow-of-capital-and-global-imbalances-evidence-from-a-micro-study.htm
  



• The Fed - Real Exchange Rates and Inflation in Exchange-Rate Based Stabilizations: An Empirical Examination

  gap between the actual real exchange rate and the exchange rate that clears...and about half reflected the correction of the initial undervaluation

  URL: https://www.federalreserve.gov/econres/ifdp/real-exchange-rates-and-inflation-in-exchange-rate-based-stabilizations-an-empirical-examination.htm
  



• The Fed - The Power of Long-Run Structural VARs

  gap by exploring the power of long-run structural VARs against a set of

  URL: https://www.federalreserve.gov/econres/ifdp/the-power-of-long-run-structural-vars.htm
  



• The Fed - Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach

  gap, tax smoothing, targeting rules PDF: Full Paper Disclaimer: The economic

  URL: https://www.federalreserve.gov/econres/ifdp/optimal-monetary-and-fiscal-policy-a-linear-quadratic-approach.htm
  



• Testimony by Governor Tarullo on the Volcker rule - Federal Reserve Board

  including lending to, or purchasing assets from, the fund. The statute...pay this "spread" fee or commission because the market maker is able to

  URL: https://www.federalreserve.gov/newsevents/testimony/tarullo20120118a.htm
  

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