Board of Governors of the Federal Reserve System

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• The Fed - Debt Payments and Spending: Evidence from the 2023 Student Loan Payment Restart

  Skip to main content An official website of the United States Government Here's how you know Official websites use .gov A .gov website belongs

  URL: https://www.federalreserve.gov/econres/notes/feds-notes/debt-payments-and-spending-evidence-from-the-2023-student-loan-payment-20250905.html
  



• The Federal Funds Rate in Extraordinary Times - Federal Reserve Board

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  URL: https://www.federalreserve.gov/newsevents/speech/warsh20080521a.htm
  



• Liquidity Windfalls: The Consequences of Repo Rehypothecation

  equilibrium terms of trade. Specifically, counterparties’ reduced ability...equilibrium predicts a higher haircut for the cash borrower than for the

  URL: https://www.federalreserve.gov/econresdata/feds/2015/files/2015022pap.pdf
  



• The Fed - Finance and Economics Discussion Series (FEDS) - 2005

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  URL: https://www.federalreserve.gov/econres/feds/2005.htm
  



• Household Consumption Does Not Respond Directly to Interest Rates: Evidence From 10 Macroeconomic Shocks

  Finance and Economics Discussion Series Federal Reserve Board, Washington, D.C. ISSN 1936-2854 (Print) ISSN 2767-3898 (Online) Household Consumption

  URL: https://www.federalreserve.gov/econres/feds/files/2025021r1pap.pdf
  



• The Fed - Monetary Policy Strategies and Tools: Financial Stability Considerations

  equilibrium real interest rate, a low policy rate will be necessary, and

  URL: https://www.federalreserve.gov/econres/feds/monetary-policy-strategies-and-tools-financial-stability-considerations.htm
  



• The Fed - Robust Inference in First-Price Auctions: Experimental Findings as Identifying Restrictions

  Equilibrium (RNBNE) - a finding known as the overbidding puzzle. Several

  URL: https://www.federalreserve.gov/econres/feds/robust-inference-in-first-price-auctions-experimental-findings-as-identifying-restrictions.htm
  



• The Fed - Staggered Price Setting and Real Rigidities

  equilibrium indeterminacy, or "sunspot fluctuations", under price flexibility

  URL: https://www.federalreserve.gov/econres/feds/staggered-price-setting-and-real-rigidities.htm
  



• The Fed - Nominal Rigidities and the Term Structures of Equity and Bond Returns

  general-equilibrium model with nominal rigidities and nonlinear habits

  URL: https://www.federalreserve.gov/econres/feds/nominal-rigidities-and-the-term-structures-of-equity-and-bond-returns.htm
  



• The Fed - Estimating Pass-Through: Structure and Stability

  equilibrium relationship between the variables of interest, and 2) call

  URL: https://www.federalreserve.gov/econres/ifdp/estimating-pass-through-structure-and-stability.htm
  

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