Content
2004
- 98-09 Tax reform with useful public expenditures
by Steven P. Cassou & Kevin J. Lansing
1999
- 99-11 Market evidence on the opaqueness of banking firms' assets
by Mark J. Flannery & Simon H. Kwan & Mahendrarajah Nimalendran - 99-10 Hidden cost reductions in bank mergers: accounting for more productive banks
by Simon H. Kwan & James A. Wilcox - 99-09 Heat waves, meteor showers, and trading volume: an analysis of volatility spillovers in the U.S. Treasury market
by Michael J. Fleming & Jose A. Lopez - 99-08 Fiscal policy, increasing returns, and endogenous fluctuations
by Jang-Ting Guo & Kevin J. Lansing - 99-07 The role of relative performance in bank closure decisions
by Kenneth Kasa & Mark M. Spiegel - 99-06 Evaluating credit risk models
by Jose A. Lopez & Marc R. Saidenberg - 99-05 Is the Fed too timid? Monetary policy in an uncertain world
by Glenn D. Rudebusch - 99-03 Optimal indicators of socioeconomic status for health research
by Mary C. Daly & Greg J. Duncan & Peggy McDonough & David Williams - 99-02 Fiscal policy and productivity growth in the OECD
by Steven P. Cassou & Kevin J. Lansing
1998
- 99-04 Monetary Union Expansion: The Role of Market Power in Trade
by Mark M. Spiegel - 99-01 Optimal redistributive capital taxation in a neoclassical growth model
by Kevin J. Lansing - 98-10 Securities activities by commercial banking firms' Section 20 subsidiaries: risk, return and diversification benefits
by Simon H. Kwan - 98-08 Alternative definitions of the business cycle and their implications for business cycle models: a reply to Torben Mark Pederson
by Timothy Cogley - 98-07 Idiosyncratic risk and the equity premium: evidence from the Consumer Expenditure Survey
by Timothy Cogley - 98-06 A simple adaptive measure of core inflation
by Timothy Cogley - 98-05 Housing prices and the (in)stability of mortgage prepayment models: evidence from California
by Joe P. Mattey & Nancy Wallace - 98-04 Optimal taxation of capital income with imperfectly competitive product markets
by Jang-Ting Guo & Kevin J. Lansing - 98-03 Policy rules for inflation targeting
by Glenn D. Rudebusch & Lars E. O. Svensson - 98-02 Declining job security
by Robert G. Valletta - 98-01 Expectations, credibility, and disinflation in a small macroeconomic model
by Chan Guk Huh & Kevin J. Lansing
1997
- 97-07 Opportunistic and deliberate disinflation under imperfect credibility
by Antulio N. Bomfim & Glenn D. Rudebusch - 97-06 Earnings mobility and instability, 1969-1995
by Mary C. Daly & Greg J. Duncan - 97-05 Returns on illiquid assets: are they fair games?
by John Krainer & Stephen F. LeRoy - 97-04 A frequency decomposition of approximation errors in stochastic discount factor models
by Timothy Cogley - 97-03 Growth and investment across countries
by Jess Benhabib & Mark M. Spiegel - 97-02 Location and the growth of nations
by Ramon Moreno & Bharat Trehan - 97-01 Panel evidence on the speed of convergence
by Timothy Cogley & Mark M. Spiegel
1996
- 96-10 Leaving Los Angeles: migration, economic opportunity and the quality-of-life
by Stuart A. Gabriel & Joe P. Mattey - 96-09 The effect of health insurance on married female labor supply
by Thomas C. Buchmueller & Robert G. Valletta - 96-08 Inequality and stability
by Boyan Jovanovic & A. S. Pinto Barbosa & Mark M. Spiegel - 96-07 Compensating differentials and evolution of the quality-of-life among U.S. states
by Stuart A. Gabriel & Joe P. Mattey & William L. Wascher - 96-06 Measuring the liquidity effect
by James D. Hamilton - 96-05 Do measures of monetary policy in a VAR make sense?
by Glenn D. Rudebusch - 96-04 Expectations, traps and discretion
by V. V. Chari & Lawrence J. Christiano & Martin S. Eichenbaum - 96-03 Monetary union and macroeconomic stabilization
by Willem H. Buiter & Kenneth M. Kletzer - 96-02 Capital flows and macroeconomic management: tequila lessons
by Guillermo A. Calvo - 96-01 Estimating dynamic rational expectations models when the trend specification is uncertain
by Timothy Cogley
1995
- 95-14 Signal extraction and the propagation of business cycles
by Kenneth Kasa - 95-13 The role of private placement debt issues in corporate finance
by Willard T. Carleton & Simon H. Kwan - 95-12 An analysis of inefficiencies in banking: a stochastic cost frontier approach
by Robert A. Eisenbeis & Simon H. Kwan - 95-11 Regime switching in the dynamic relationship between the federal funds rate and nonborrowed reserves
by Chan Guk Huh - 95-10 Does state economic development spending increase manufacturing employment?
by Charles A. M. De Bartolome & Mark M. Spiegel - 95-09 Measuring monetary policy
by Ben S. Bernanke & Ilian Mihov - 95-08 The mirage of fixed exchange rates
by Maurice Obstfeld & Kenneth S. Rogoff - 95-07 The monetary transmission mechanism: an empirical framework
by John B. Taylor - 95-06 A theory of North-South customs unions
by Eduardo Fernandez-Arias & Mark M. Spiegel - 95-05 Is monetary policy becoming less effective?
by Ray C. Fair - 95-04 Speculative attacks on pegged exchange rates: an empirical exploration with special reference to the European Monetary System
by Barry Eichengreen & Andrew K. Rose & Charles Wyplosz - 95-03 The temporal relationship between individual stocks and individual bonds
by Simon H. Kwan - 95-02 Federal Reserve interest rate targeting, rational expectations, and the term structure
by Glenn D. Rudebusch - 95-01 Financial implications of regional trade accords
by Eduardo Fernandez-Arias & Mark M. Spiegel
1994
- 94-19 Fixed-premium deposit insurance and international credit crunches
by Mark M. Spiegel - 94-18 \"Burden sharing\" in sovereign debt reduction
by Mark M. Spiegel - 94-17 Determinants of long-run labor productivity growth: a selective survey with some new empirical results
by Mark M. Spiegel - 94-16 Optimal policy with limited commitment
by Kenneth Kasa - 94-15 A comparison of discount rate models using international stock market data
by Kenneth Kasa - 94-14 Money, income, prices and interest rates: a comment
by Robert Ingenito & Bharat Trehan - 94-13 Asymmetry in the bivariate relationship between output and interest rates
by Chan Guk Huh - 94-12 Maximum likelihood estimation with HP filtered data: an invariance theorem
by Timothy Cogley - 94-11 The 1980s divergence in per capita personal incomes: what does it tell us?
by Carolyn Sherwood-Call - 94-10 Hedging inflation and income risks
by Robert J. Shiller - 94-09 When is inflation low?
by William Poole - 94-08 Growth and inflation: a cross-country study
by Brian Motley - 94-07 On the welfare cost of inflation
by Robert M. Adams - 94-06 Monetary policy when interest rates are bounded at zero
by Jeffrey C. Fuhrer & Brian Madigan - 94-05 How independent should a central bank be?
by Guy Debelle & Stanley Fischer - 94-04 Central bank independence and the costs of disinflation in the EC
by Carl E. Walsh - 94-03 Australian banking risk: evidence from share prices
by Marianne Gizycki & Mark E. Levonian - 94-02 Conditional risk and return in bank holding company stocks: a factor- GARCH approach
by Jonathan A. Neuberger
1993
- 94-01 Interpreting the dynamics in U.S. international trade
by Kenneth Kasa - 93-15 The persistence of bank profits: what the stock market implies
by Mark E. Levonian - 93-14 The cyclical behavior of prices: interpreting the evidence
by John P. Judd & Bharat Trehan - 93-12 Forecasting industrial production using models with business cycle asymmetry
by Chan Guk Huh - 93-11 Growth and inflation: a cross-country study
by Brian Motley - 93-10 Output dynamics in real business cycle models
by Timothy Cogley & James M. Nason - 93-08 Inter-industry productivity trends: unbalanced growth or unmeasured growth?
by Ronald H. Schmidt - 93-07 Bank capital requirements and incentives for lending
by Charles J. Jacklin - 93-06 Effects of alternative monetary stabilization policies: an unexpected finding
by Edward C. Prescott - 93-05 Monetary policy and the behavior of long-term interest rates
by Jeffrey C. Fuhrer & George R. Moore - 93-04 Monetary policy and the theory of the risk-averse bank
by Bruce C. Greenwald & Joseph E. Stiglitz - 93-03 Flat rate taxes with adjustment costs and several capital stocks and household types
by Lars Peter Hansen & Thomas J. Sargent - 93-02 Optimal contracts for independent central bankers: private information, performance measures and reappointment
by Carl E. Walsh - 93-01 Effects of the Hodrick-Prescott filter on trend and difference stationary time series: implications for business cycle research
by Timothy Cogley & James M. Nason
1992
- 92-06 Global versus country-specific productivity shocks and the current account
by Reuven Glick & Kenneth S. Rogoff - 92-05 A generalized uncovered interest parity model of real exchange rates
by Adrian W. Throop - 92-04 Modelling the time series behavior of the aggregate wage rate
by Chan Guk Huh & Bharat Trehan - 92-03 Causality and correlations of output and nominal variables in a real business cycle model
by Chan Guk Huh - 92-02 Fiscal policy in monetary unions: implications for Europe
by Reuven Glick & Michael M. Hutchison - 92-01 Presidential popularity, presidential policies
by Judy Liles Newman & Carl E. Walsh
1991
- 91-01 Central bank secrecy and money surprises: international evidence
by Michael M. Hutchison & John P. Judd
1990
- 90-06 A simple approach to better deposit insurance pricing
by Sarah B. Kendall & Mark E. Levonian - 90-04 Fiscal constraints and incentives with monetary coordination: implications for Europe 1992
by Reuven Glick & Michael M. Hutchison - 90-03 Real exchange rate effects of monetary disturbances under different degrees of exchange rate flexibility: an empirical analysis
by Reuven Glick & Peter Kretzmer & Clas Wihlborg - 90-02 Output, money and price correlations in a real business cycle model
by Chan Guk Huh - 90-01 Leverage and cyclicality
by Rama Seth
1989
- 89-03 Capital market imperfections and the q-theory of investment: theory and evidence
by Jonathan A. Neuberger - 89-01 A macroeconometric model of the U.S. economy
by Adrian W. Throop
1988
- 88-08 Political business cycles in a parliamentary setting: the case of Japan
by Thomas F. Cargill & Michael M. Hutchison - 88-07 Deposit insurance, risk, and market power in banking
by Michael C. Keeley - 88-06 A macroeconometric model of the U.S. economy
by Adrian W. Throop - 88-05 Seigniorage and tax smoothing in the United States: 1914-1986
by Bharat Trehan & Carl E. Walsh - 88-04 Does exchange rate appreciation 'deindustrialize' the open economy? a critique of U.S. evidence
by Reuven Glick & Michael M. Hutchison - 88-03 Testing intertemporal budget constraints: theory and applications to U. S. federal budget and current account deficits
by Bharat Trehan & Carl E. Walsh - 88-02 The demand for money: where do we stand?
by John P. Judd & Brian Motley & Bharat Trehan - 88-01 On demographic adjustments to estimates of the natural rate of unemployment: a note
by Vivek Moorthy
1987
- 87-13 Is financial time linear?
by Steven Plaut - 87-12 Off-balance-sheet liquidity and monetary control
by Reuven Glick & Steven Plaut - 87-11 Common trends, the government's budget constraint, and revenue smoothing
by Bharat Trehan & Carl E. Walsh - 87-10 Monetary \"targeting\" in Japan and the U.S.: which is more accurate?
by Michael M. Hutchison & John P. Judd - 87-09 An analysis of the use of loan sales and standby letters of credit by commercial banks
by Christopher M. James - 87-08 Does capital regulation affect bank risk-taking?
by Frederick T. Furlong & Michael C. Keeley - 87-07 On the limitations of government borrowing: a framework for empirical testing: comment
by Bharat Trehan & Carl E. Walsh - 87-06 Bank capital regulation: a reconciliation of two viewpoints
by Frederick T. Furlong & Michael C. Keeley - 87-05 Velocity in the 1980s: an analysis of interactions among monetary components
by John P. Judd & Bharat Trehan - 87-04 The impact of monetary targeting in the United States, 1976-1984
by Carl E. Walsh - 87-03 Real exchange rate effects of monetary shocks under fixed and flexible exchange rates: theory and cross-country evidence
by Reuven Glick & Clas Wihlborg - 87-02 New results in support of the fiscal policy ineffectiveness proposition
by Reuven Glick & Michael M. Hutchison
1986
- 87-01 Financial change and the design of monetary policy: lessons from the U. S. experience
by John P. Judd & Brian Motley & Bharat Trehan - 86-11 Rational expectations and the Fisher effect: implications of monetary regime shifts
by Michael M. Hutchison & Michael C. Keeley - 86-10 The comparative incidence of local taxes: the payroll tax versus the property tax
by Carolyn Sherwood-Call - 86-09 A model of the employment effects of a local labor tax
by Carolyn Sherwood-Call - 86-08 Monetary control, interest rates and exchange rates: the case of Japan, 1973-1986
by Michael M. Hutchison - 86-07 Inventories, information purchase, and equilibrium adjustment to aggregate disturbances
by Reuven Glick & Clas Wihlborg - 86-06 Borrowing restrictions and wealth constraints: implications for aggregate consumption
by Carl E. Walsh - 86-05 Japanese monetary policy, flow of funds and financial liberalization
by Thomas F. Cargill - 86-04 Real and financial linkages in the macroeconomic response to budget deficits: an empirical investigation
by Michael M. Hutchison & Charles Pigott - 86-03 The role of information acquisition and financial markets in international macroeconomic adjustment
by Reuven Glick & Clas Wihlborg - 86-01 Inside money and monetary neutrality
by Peter R. Hartley & Carl E. Walsh
1985
- 86-02 Optimal foreign borrowing and investment with an endogenous lending constraint
by Reuven Glick & Homi J. Kharas - 85-05 An introduction to the use and interpretation of \"Search\"
by Emanuela Cardia - 85-04 Fiscal deficits and exchange rates: a look at recent policy assertions and their theoretical and empirical support
by Joseph Bisignano - 85-03 Real and financial adjustments to fiscal deficits in growing open economies
by Michael M. Hutchison & Charles Pigott - 85-02 Crowding out and the wealth role of government debt
by Joseph Bisignano - 85-01 Consistent tests of the rational expectations-monetary neutrality hypothesis
by Bharat Trehan
1984
- 84-05 U.S.-Japanese bilateral trade and the yen-dollar exchange rate: an empirical analysis
by Stephen E. Haynes & Michael M. Hutchison - 84-04 Interest rate volatility and the Federal Reserve's monetary control procedures in 1980-82
by John P. Judd - 84-03 A structural model of real aggregate demand
by Adrian W. Throop - 84-02 The real interest rate/budget deficit link: international evidence, 1973-82
by Michael M. Hutchison - 84-01 Cyclical unemployment and employment: implications from a dynamic model of the labor market
by Michael C. Keeley
1983
- 83-06 Pricing mortgages: an options approach
by Ben Iben & Randall Pozdena - 83-05 Pricing deposit insurance: the effects of mismeasurement
by David Pyle - 83-04 M1 versus M2: which is more reliable?
by John P. Judd & Brian Motley - 83-03 Crowding-out and the Ricardian equivalence theorem: a stroll through some literature on overlapping generation models
by Kevin D. Hoover - 83-02 Monetary policy regimes and international term structures of interest rates
by Joseph Bisignano - 83-01 A monthly model of the money and bank loan markets
by John P. Judd
1982
- 110 Dynamic adjustment in the demand for money: tests of alternative hypotheses
by John P. Judd & John L. Scadding - 109 The search for a stable money demand function: a survey of the post- 1973 literature
by John P. Judd & John L. Scadding - 108 What do money market models tell us about how to implement monetary policy: reply
by John P. Judd & John L. Scadding
1981
- 107 A state-of-processing model of inflation
by Kevin D. Hoover & Steven B. Kamin - 106 Disaggregation and the labor productivity index
by Jack H. Beebe & Jane Haltmaier
1980
- 105 Alternative asset market approaches to exchange rate determination
by Joseph Bisignano & Kevin D. Hoover - 104 The importance of capital formation in the recent productivity slowdown
by Jane Haltmaier - 103 Rational expectations in a one-sector growth model
by Michael Bazdarich
1979
- 102 A monetary model of prices and exchange rates
by Michael W. Keran - 101 A correspondence principle for the uniqueness of the price level in rational expectations models
by Michael Bazdarich
1974
- 19 Flying from the roost: the inflationary flight from Bretton Woods
by Joseph Bisignano - 18 The economic costs of achieving an M1 target over alternative time horizons: simulations with the FMP model
by Rose McElhattan - 17 Real money substitutes
by Joseph Bisignano - 16 Adjusting the money stock to monetary policy targets
by Larry Butler
1973
- 15 (revision of no. 13) The construction of industrial production indices for manufacturing industries in the Twelfth Federal Reserve District (revised)
by Larry Butler & Joan Walsh - 14 Cagan's real money demand model with alternative prior and error structures: Bayesian analysis for four countries
by Joseph Bisignano - 12 General nonlinear estimation
by Larry Butler
1972
- 11 A tabular survey of selected regional econometric models
by Dean T. Chen - 10 Anticipations and stabilization policy: the implications of selected models
by Larry Butler - 9 An economic profile of San Diego County
by Yvonne Levy
1971
- 8 The estimation of distributed lags by the method of orthogonalized regressors
by Larry Butler - 7 An econometric study of the effect of monetary policy on the new single-family housing market
by Dean T. Chen - 6 A distributed lag analysis of milk production response
by Dean T. Chen & Richard Courtney & Andrew Schmitz - 5 Forecasting weekly lemon prices by a distributed lag model with Fourier transform methods
by Dean T. Chen & Gordon C. Rausser - 4 Error accumulations in dynamic predictions with quarterly econometric models
by James Brundy & Larry Butler & Dean T. Chen - 3 Efficient estimation of simultaneous equations by instrumental variables
by James Brundy & Dale W. Jorgenson - 2 A regression analysis of bank credit-card and check-credit plans
by Robert Johnston - 1 Critique of the Laffer-Ranson quarterly model
by James Brundy & Larry Butler