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Journal Article
A progress report on business cycle models
McGrattan, Ellen R.
(1994-10)
This article reports the recent progress made by researchers trying to build business cycle models that can reliably reproduce aggregate U.S. time series. The article first describes some features of the U.S. data that the models are meant to reproduce. Then it describes a version of the standard business cycle model, along with the indivisible labor extension of that model, both of which assume that fluctuations in economic activity are caused only by shocks to technology. Finally, it describes a version of recent other extensions which assume that shocks to fiscal variables also contribute ...
Quarterly Review
, Volume 18
, Issue Fall
, Pages 2-16
Journal Article
Optimal control of the money supply
Litterman, Robert B.
(1982-10)
Quarterly Review
, Volume 6
, Issue Fall
Journal Article
Facts on the distributions of earnings, income, and wealth in the United States: 2007 update
Rios-Rull, Jose-Victor; Glover, Andrew; Diaz-Gimenez, Javier
(2011)
This article is largely a description of inequality of earnings, income, and wealth in the United States in 2007 as measured by the Survey of Consumer Finances (SCF). We look at inequality in relation to various characteristics such as age, education, employment status, marital status, and whether households are late payers or include bankruptcy filers. We also look at economic mobility. We compare these variables in 2007 with their values in our earlier study in 1998.
Quarterly Review
Journal Article
Monetary policy and open market operations during 1987
Sternlight, Peter D.; Krieger, Sandra C.
(1988-04)
Quarterly Review
, Volume 13
, Issue Spr
, Pages 41-58
Journal Article
Adjustments in Buffalo's labor market
Doolittle, Fred C.
(1985-01)
Quarterly Review
, Volume 10
, Issue Win
, Pages 28-37
Journal Article
Why no crunch from the crash?
Runkle, David E.
(1988-01)
Quarterly Review
, Volume 12
, Issue Win
, Pages 2-7
Journal Article
Resolving the national bank note paradox
Weber, Warren E.; Champ, Bruce A.; Wallace, Neil
(1992-04)
During the 1882_1914 period, U.S. national banks could issue circulating notes backed by specified government securities. Earlier attempts to explain yields on those securities by costs of note issue discovered a paradox: yields were too high. We point out two previously ignored sources of costs: idle notes and note redemptions that were highly variable, thereby exacerbating the problem of managing reserves. We present data on idle notes and estimate, from partial data on redemptions, the uncertainty due to redemptions. We also present a semiannual time series of an upper bound on the average ...
Quarterly Review
, Volume 16
, Issue Spr
, Pages 13-21
Journal Article
Forecasting float
Auerbach, Irving
(1963-02)
Quarterly Review
, Volume 45
, Issue Feb
, Pages 30-35
Journal Article
The right way to price Federal Reserve services
Miller, Preston J.
(1977-07)
Quarterly Review
, Volume 1
, Issue Sum
Journal Article
Margin requirements on equity instruments
Sofianos, George
(1988-07)
Quarterly Review
, Volume 13
, Issue Sum
, Pages 47-60
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