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FRB: Finance and Economics Discussion Series Working Papers

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Last updated about 10 hours ago

FEDS Paper: Refining the Definition of the Unbanked

about 10 hours ago

Elena Falcettoni and Vegard Mokleiv NygaardWe propose a new way to classify...

FEDS Paper: Agglomeration and sorting in U.S. manufacturing

16 days ago

Andrea StellaUsing data on U.S. manufacturing plants, I estimate a production function...

FEDS Paper: No News is Bad News: Monitoring, Risk, and Stale Financial Performance in Commercial Real Estate

16 days ago

Samuel K. Hughes and Joseph B. NicholsAs financial intermediaries, banks have a...

FEDS Paper: QE, Bank Liquidity Risk Management, and Non-Bank Funding: Evidence from U.S. Administrative Data

17 days ago

Matthew R. Darst, Sotirios Kokas, Alexandros Kontonikas, Jose-Luis Peydro, and Alexandros P...

FEDS Paper: Effect of the GSIB surcharge on the systemic risk posed by the activities of GSIBs

23 days ago

Marco Migueis, Sydney PeirceThis study assesses whether the introduction of the GSIB...

FEDS Paper: Household Debt, the Labor Share, and Earnings Inequality

about 1 month ago

Mark Robinson, Pedro Silos, and Diego VilánWe show that the secular decline...

FEDS Paper: Monetary Policy Strategy and the Anchoring of Long-Run Inflation Expectations

about 1 month ago

Michael T. KileySince the 1990s, monetary policy research has highlighted the properties...

FEDS Paper: Energy Consumption and Inequality in the U.S.: Who are the Energy Burdened?

about 1 month ago

Octavio M. Aguilar and Cristina Fuentes-AlberoUsing a broad definition of energy consumption...

FEDS Paper: The Evolution of Inflation Targeting from the 1990s to 2020s: Developments and New Challenges

about 1 month ago

Michael T. Kiley and Frederic S. MishkinSince the initial launch of inflation...

FEDS Paper: From Friedman to Taylor: The Revival of Monetary Policy Rules in the 1990s

about 1 month ago

Edward NelsonThis paper examines the revival in the analysis of monetary policy...

FEDS Paper: How Markets Process Macro News: The Importance of Investor Attention

about 1 month ago

T. Niklas KronerI provide evidence that investors' attention allocation plays a critical...