Search Results
Journal Article
Monetary policy and the great crash of 1929: a bursting bubble or collapsing fundamentals?
Cogley, Timothy
(1999)
FRBSF Economic Letter
Journal Article
Why do stock prices react to the Fed?
Guo, Hui
(2004-07)
Monetary Trends
, Issue Jul
Newsletter
Circuit breakers: back to the basics
Ashley, Lisa K.
(1998-07)
Chicago Fed Letter
, Issue Jul
Report
Taxes, Regulations, and the Value of U.S. Corporations: A Reassessment
McGrattan, Ellen R.
(2023-07-12)
This paper reassesses the conclusions of McGrattan and Prescott (2005), which derived the quantitative implications of growth theory for U.S. corporate valuations. In addition to having two more decades of data, the analysis incorporates recent changes in policies that affect corporate investments, taxes, and legal-form choice. Secular trends identified in the earlier period remain, with little change in the tangible capital-output ratio or profit share of output. Corporate valuations remain high relative to the postwar average, in line with the theoretical prediction. Critical to this ...
Staff Report
, Paper 647
Working Paper
Stock market volatility and the Great Moderation
Campbell, Sean D.
(2005)
Using data on corporate profits forecasts from the Survey of Professional Forecasters, I decompose real stock returns into a fundamental news component and a return news component and analyze the effects of the Great Moderation on each. Empirically, the response of each component of real stock returns to the Great Moderation has been quite different. The volatility of fundamental news shocks has declined by 50% since the onset of the Great Moderation, suggesting a strong link between underlying fundamentals and the broader macroeconomy. Alternatively, the volatility of return news shocks has ...
Finance and Economics Discussion Series
, Paper 2005-47
Working Paper
Bubbles, fundamentals, and investment: a multiple equation testing strategy
Chirinko, Robert S.; Schaller, Huntley
(1993)
Research Working Paper
, Paper 93-03
Report
Jump-robust volatility estimation using nearest neighbor truncation
Dobrev, Dobrislav; Schaumburg, Ernst; Andersen, Torben G.
(2010)
We propose two new jump-robust estimators of integrated variance based on high-frequency return observations. These MinRV and MedRV estimators provide an attractive alternative to the prevailing bipower and multipower variation measures. Specifically, the MedRV estimator has better theoretical efficiency properties than the tripower variation measure and displays better finite-sample robustness to both jumps and the occurrence of ?zero? returns in the sample. Unlike the bipower variation measure, the new estimators allow for the development of an asymptotic limit theory in the presence of ...
Staff Reports
, Paper 465
Working Paper
Wealth effects and the consumption of leisure: retirement decisions during the stock market boom of the 1900s
Coronado, Julia Lynn; Perozek, Maria G.
(2003)
It is well accepted that households increase consumption of goods and services in response to an unexpected increase in wealth. Consensus estimates of this wealth effect are in the range of 3 to 5 cents of additional consumption spending in the long run for each additional dollar of wealth. Economic theory also suggests that consumption of leisure, like consumption of goods and services, should increase with positive shocks to wealth. In this paper, we ask whether the run-up in equity prices during the 1990s led older workers to retire earlier than they had previously planned. We identify the ...
Finance and Economics Discussion Series
, Paper 2003-20
Newsletter
Bubble, bubble, toil and trouble
Baer, Herbert L.; Strongin, Steven
(1988-11)
Chicago Fed Letter
, Issue Nov
Journal Article
Solid performance marked by district publicly traded companies
Grunewald, Rob
(2004-09)
Fedgazette
, Volume 16
, Issue Sep
, Pages 22
FILTER BY year
FILTER BY Bank
Board of Governors of the Federal Reserve System (U.S.) 52 items
Federal Reserve Bank of St. Louis 50 items
Federal Reserve Bank of New York 42 items
Federal Reserve Bank of San Francisco 41 items
Federal Reserve Bank of Chicago 28 items
Federal Reserve Bank of Kansas City 24 items
Federal Reserve Bank of Atlanta 23 items
Federal Reserve Bank of Boston 16 items
Federal Reserve Bank of Minneapolis 16 items
Federal Reserve Bank of Dallas 9 items
Federal Reserve Bank of Philadelphia 8 items
Federal Reserve Bank of Cleveland 6 items
Federal Reserve Bank of Richmond 2 items
show more (8)
show less
FILTER BY Series
Finance and Economics Discussion Series 27 items
Working Papers 26 items
Economic Review 23 items
FRBSF Economic Letter 21 items
Proceedings 21 items
Research Paper 18 items
Review 17 items
FRB Atlanta Working Paper 14 items
Quarterly Review 14 items
International Finance Discussion Papers 12 items
Working Paper Series 10 items
Staff Reports 9 items
Federal Reserve Bulletin 8 items
New England Economic Review 8 items
Chicago Fed Letter 7 items
Economic Perspectives 7 items
Proceedings - Economic Policy Symposium - Jackson Hole 7 items
Monetary Trends 5 items
Research Working Paper 5 items
Current Issues in Economics and Finance 4 items
Economic Commentary 4 items
National Economic Trends 4 items
Southwest Economy 4 items
Staff Report 4 items
Business Review 3 items
Conference Series ; [Proceedings] 3 items
Economic and Financial Policy Review 3 items
The Region 3 items
The Regional Economist 3 items
Cross Sections 2 items
Discussion Paper / Institute for Empirical Macroeconomics 2 items
Regional Review 2 items
Staff Studies 2 items
Working Paper Series, Issues in Financial Regulation 2 items
Annual Report 1 items
Economic Letter 1 items
Economic Policy Review 1 items
Fedgazette 1 items
Financial Update 1 items
International Economic Trends 1 items
Liberty Street Economics 1 items
Monograph 1 items
Pacific Basin Working Paper Series 1 items
Supervisory Research and Analysis Working Papers 1 items
Working Paper Series, Macroeconomic Issues 1 items
Working Papers (Old Series) 1 items
Working Papers in Applied Economic Theory 1 items
show more (42)
show less
FILTER BY Content Type
Journal Article 140 items
Working Paper 101 items
Report 32 items
Conference Paper 31 items
Newsletter 7 items
Discussion Paper 5 items
Monograph 1 items
show more (2)
show less
FILTER BY Author
Guo, Hui 20 items
Sarkar, Asani 8 items
Fortune, Peter 6 items
Greenspan, Alan 6 items
Hardouvelis, Gikas A. 6 items
Chakravarty, Sugato 5 items
Dueker, Michael J. 5 items
Engel, Charles 5 items
Moser, James T. 5 items
Ammer, John 4 items
Duffee, Gregory R. 4 items
Dwyer, Gerald P. 4 items
Feinstein, Steven P. 4 items
Kwan, Simon H. 4 items
Lansing, Kevin J. 4 items
McGrattan, Ellen R. 4 items
Peralta-Alva, Adrian 4 items
Rogers, John H. 4 items
anonymous 4 items
Ackert, Lucy F. 3 items
Clement, Douglas 3 items
Duca, John V. 3 items
Hafer, Rik 3 items
Jagannathan, Ravi 3 items
Morris, Charles S. 3 items
Santoni, G. J. 3 items
Schmid, Frank A. 3 items
Shaffer, Sherrill 3 items
Shen, Pu 3 items
Abken, Peter A. 2 items
Andersen, Torben G. 2 items
Baer, Herbert L. 2 items
Becketti, Sean 2 items
Bekaert, Geert 2 items
Benveniste, Lawrence M. 2 items
Benzoni, Luca 2 items
Bhatt, Swati 2 items
Boldrin, Michele 2 items
Bonser-Neal, Catherine 2 items
Booth, James R. 2 items
Bordo, Michael D. 2 items
Brewer, Elijah 2 items
Campbell, Sean D. 2 items
Cogley, Timothy 2 items
Cole, Kevin 2 items
Coronado, Julia Lynn 2 items
Diebold, Francis X. 2 items
Durham, J. Benson 2 items
Hunter, William C. 2 items
Kamstra, Mark 2 items
Kasa, Kenneth 2 items
Keeley, Michael C. 2 items
Krainer, John 2 items
Kramer, Lisa 2 items
Kupiec, Paul H. 2 items
Laster, David S. 2 items
Levonian, Mark E. 2 items
Lopez, Jose A. 2 items
Ludvigson, Sydney 2 items
Marshall, David A. 2 items
Mattey, Joe P. 2 items
Mei, Jianping 2 items
Miller, Thomas W. 2 items
Noe, Thomas H. 2 items
Peristiani, Stavros 2 items
Prescott, Edward C. 2 items
Remolona, Eli M. 2 items
Rigobon, Roberto 2 items
Robotti, Cesare 2 items
Rodrigues, Anthony P. 2 items
Runkle, David E. 2 items
Sack, Brian P. 2 items
Savickas, Robert 2 items
Sharpe, Steven A. 2 items
Spindt, Paul A. 2 items
Strongin, Steven 2 items
Wheelock, David C. 2 items
Aderhold, Robert 1 items
Adrian, Tobias 1 items
Ahearne, Alan G. 1 items
Aiyagari, S. Rao 1 items
Akbarian, Dara 1 items
Alpanda, Sami 1 items
Amromin, Gene 1 items
Antoniewicz, Rochelle L. 1 items
Ashley, Lisa K. 1 items
Balke, Nathan S. 1 items
Benediktsdottir, Sigridur 1 items
Bennett, Paul 1 items
Bernanke, Ben S. 1 items
Bishop, David G. 1 items
Boldin, Michael D. 1 items
Bollerslev, Tim 1 items
Bolmatis, Athanasios 1 items
Bomfim, Antúlio N. 1 items
Booth, Lena Chua 1 items
Brown, Jeffrey R. 1 items
Browne, Lynn E. 1 items
Bullard, James B. 1 items
Calvo, Guillermo A. 1 items
Cantor, Richard 1 items
Carlock, Craig 1 items
Carlson, John B. 1 items
Carlson, Mark A. 1 items
Chan, Sewin 1 items
Chang, Chih-Ping 1 items
Cheng, Ing-Haw 1 items
Cheremukhin, Anton A. 1 items
Chirinko, Robert S. 1 items
Chordia, Tarun 1 items
Chou, Nan-Ting 1 items
Christiano, Lawrence J. 1 items
Chua, Lena 1 items
Church, Bryan K. 1 items
Chyruk, Olena 1 items
Collin-Dufresne, Pierre 1 items
Collins, Susan M. 1 items
Cumming, Christine M. 1 items
David, Carolyn D. 1 items
Davidson, Lawrence S. 1 items
Davis, Thomas E. 1 items
De Vries, Casper G. 1 items
DeFina, Robert H. 1 items
DeGennaro, Ramon P. 1 items
DeJong, David N. 1 items
DeLong, J. Bradford 1 items
Dewenter, Kathryn L. 1 items
Dietrich, Earnhart 1 items
Dobrev, Dobrislav 1 items
Donaldson, Glen 1 items
Drossos, Evangeline Sophia 1 items
Duffy, Denise 1 items
Dungey, Mardi 1 items
Dynan, Karen E. 1 items
Edwards, Franklin R. 1 items
Eisenbach, Thomas M. 1 items
Ely, David P. 1 items
Emmons, William R. 1 items
Engen, Eric M. 1 items
English, William B. 1 items
Engstrom, Eric 1 items
Ernsberger, Nicole 1 items
Estrella, Arturo 1 items
Evanoff, Douglas D. 1 items
Fernald, John G. 1 items
Flannery, Mark J. 1 items
Fleming, Michael J. 1 items
Frankel, Jeffrey A. 1 items
French, Eric 1 items
Froot, Kenneth A. 1 items
Froyen, Richard T. 1 items
Fullenkamp, Connel R. 1 items
Furfine, Craig H. 1 items
Furlong, Frederick T. 1 items
Garcia, Gillian 1 items
Garner, C. Alan 1 items
Gavin, Michael K. 1 items
Geanakoplos, John 1 items
Genay, Hesna 1 items
Glick, Reuven 1 items
Glosten, Lawrence R. 1 items
Goetzmann, William N. 1 items
Goldstein, Robert S. 1 items
Golob, John E. 1 items
Gomme, Paul 1 items
Goodhart, Charles A. E. 1 items
Green, Edward J. 1 items
Griever, William L. 1 items
Grundfest, Joseph A. 1 items
Grunewald, Rob 1 items
Guvenen, Fatih 1 items
Haddock, David D. 1 items
Hall, Robert E. 1 items
Harvey, Campbell 1 items
Harwood, Alison 1 items
Hassler, John 1 items
Haubrich, Joseph G. 1 items
Helwege, Jean 1 items
Hershbein, Brad 1 items
Hilton, R. Spence 1 items
Hiraki, Takato 1 items
Hobijn, Bart 1 items
Hong, Gijoon 1 items
Hu, Jie 1 items
Ilut, Cosmin 1 items
Im, Jong 1 items
Ivković, Zoran 1 items
Jackson, William E. 1 items
Jaffe, Jeffrey F. 1 items
Jagtiani, Julapa 1 items
Jansen, Dennis W. 1 items
Jayaraman, Narayanan 1 items
Jensen, Michael C. 1 items
Jeske, Karsten 1 items
Johnson, Ronald 1 items
Jovanovic, Boyan 1 items
Kasch, Maria 1 items
Kaufman, George G. 1 items
Kawaller, Ira G. 1 items
Kelleher, Jeanette 1 items
Keran, Michael W. 1 items
Kiley, Michael T. 1 items
Kim, Sang W. 1 items
Koch, Paul D. 1 items
Koch, Timothy W. 1 items
Kocherlakota, Narayana R. 1 items
Koenig, Evan F. 1 items
Kopcke, Richard W. 1 items
Krivelyova, Anya 1 items
Kuester, Kathleen A. 1 items
Kuttner, Kenneth N. 1 items
Laderman, Elizabeth 1 items
Lafourcade, Pierre 1 items
Larrain, Borja 1 items
LeBaron, Dean 1 items
Lee, C. Jevons 1 items
Lehnert, Andreas 1 items
Lettau, Martin 1 items
Levi, Maurice D. 1 items
Levine, Ross 1 items
Lewis, Karen K. 1 items
Lewis, Rebecca 1 items
Li, Canlin 1 items
Linnan, David 1 items
Locke, Peter 1 items
Loretan, Mico 1 items
Loungani, Prakash 1 items
Lucca, David O. 1 items
Lundblad, Christian T. 1 items
Maberly, Edwin D. 1 items
Mahoney, James M. 1 items
Maki, Dean M. 1 items
Marquis, Milton H. 1 items
McPartland, John 1 items
Mendoza, Enrique G. 1 items
Merrick, John J. 1 items
Miller, Merton H. 1 items
Motto, Roberto 1 items
Mulhern, John J. 1 items
Mullin, John 1 items
Munnell, Alicia H. 1 items
Nandi, Saikat 1 items
Neal, Robert 1 items
Nechio, Fernanda 1 items
Neumark, David 1 items
Nimalendran, Mahendrarajah 1 items
O'Brien, James M. 1 items
Osler, Carol L. 1 items
Osterberg, William P. 1 items
Otoo, Maria Ward 1 items
Parry, Robert T. 1 items
Pearce, Douglas K. 1 items
Peek, Joe 1 items
Pelz, Eduard A. 1 items
Perozek, Maria G. 1 items
Pham-Kanter, Genevieve 1 items
Pozdena, Randall 1 items
Prowse, Stephen D. 1 items
Quijano, Alicia 1 items
Racine, Marie D. 1 items
Razin, Assaf 1 items
Roberts, Dan J. 1 items
Robinson, Kenneth J. 1 items
Roley, V. Vance 1 items
Rolph, Doug 1 items
Rosen, Richard J. 1 items
Rosenberg, Joshua V. 1 items
Rosengren, Eric S. 1 items
Rostagno, Massimo 1 items
Rush, Mark 1 items
Ruud, Judith S. 1 items
Sadka, Efraim 1 items
Schaling, Eric 1 items
Schall, Lawrence D. 1 items
Schaller, Huntley 1 items
Schaumburg, Ernst 1 items
Scherbina, Anna 1 items
Schneider, Henry 1 items
Seger, Martha R. 1 items
Sekeris, Evan G. 1 items
Sellon, Gordon H. 1 items
Shen, Karen 1 items
Shiller, Robert J. 1 items
Sill, Keith 1 items
Singal, Padamja 1 items
Smith, Paul A. 1 items
Smith, Stephen D. 1 items
Snowden, Kenneth A. 1 items
So, Jacky C. 1 items
Sofianos, George 1 items
Speidell, Lawrence S. 1 items
Stanley, Stephen 1 items
Starr-McCluer, Martha 1 items
Steindel, Charles 1 items
Stern, Gary H. 1 items
Stevens, Guy V. G. 1 items
Stivers, Chris 1 items
Subrahmanyam, Avanidhar 1 items
Sun, Licheng 1 items
Sylla, Richard 1 items
Tave, William 1 items
Thakor, Anjan V. 1 items
Thomas, Sam 1 items
Tinsley, Peter A. 1 items
Tosini, Suzanne 1 items
Tracy, Joseph 1 items
Trehan, Bharat 1 items
Tutino, Antonella 1 items
Vega, Clara 1 items
Venkataraman, Subu 1 items
Wachter, Jessica A. 1 items
Waggoner, Daniel F. 1 items
Wang, Zijun 1 items
Warnock, Francis E. 1 items
Warshawsky, Mark J. 1 items
Weiner, Stuart E. 1 items
Weisbenner, Scott 1 items
White, Alice P. 1 items
Whitelaw, Robert 1 items
Whiteman, Charles H. 1 items
Wizman, Thierry A. 1 items
Wohar, Mark E. 1 items
Wolf, Holger C. 1 items
Wongswan, Jon 1 items
Wu, Lifan 1 items
Yang, Jian 1 items
Yoo, Peter S. 1 items
Yu, Wei 1 items
Yuen, Chi-Wa 1 items
Zaretsky, Adam M. 1 items
Zeira, Joseph 1 items
Zhang, Huan 1 items
Zhang, Lingjia 1 items
Zhou, Chunsheng 1 items
Zhou, Ruilin 1 items
Zhumabekova, Diana 1 items
show more (331)
show less
FILTER BY Jel Classification
FILTER BY Keywords
Stock - Prices 55 items
Investments 18 items
Monetary policy 18 items
Securities 17 items
Futures 16 items
Stocks 15 items
Asset pricing 14 items
Financial markets 12 items
International finance 10 items
Japan 10 items
Risk 10 items
Rate of return 8 items
Bonds 7 items
Consumption (Economics) 7 items
Inflation (Finance) 7 items
Liquidity (Economics) 7 items
Econometric models 6 items
capital asset pricing model 6 items
options 6 items
Greenspan, Alan 5 items
Hedging (Finance) 5 items
Interest rates 5 items
Bank holding companies 4 items
Capital 4 items
Capital market 4 items
Corporations 4 items
Forecasting 4 items
Foreign exchange rates 4 items
Margins (Security trading) 4 items
Money market 4 items
Prices 4 items
Risk management 4 items
Venture capital 4 items
Wealth 4 items
economic conditions - United States 4 items
Arbitrage 3 items
Bank capital 3 items
Bank stocks 3 items
Banks and banking 3 items
Business cycles 3 items
Consumer behavior 3 items
Federal Open Market Committee 3 items
Great Britain 3 items
Investments, Foreign 3 items
Monetary policy - United States 3 items
Pacific Area 3 items
Production (Economic theory) 3 items
Saving and investment 3 items
Stockholders 3 items
Bank profits 2 items
Bank supervision 2 items
Banks and banking - History 2 items
Board of Governors of the Federal Reserve System (U.S.) 2 items
California 2 items
Capital movements 2 items
China 2 items
Competition 2 items
Consolidation and merger of corporations 2 items
Federal funds rate 2 items
Foreign exchange 2 items
Investment banking 2 items
Labor market 2 items
Pensions 2 items
Productivity 2 items
Social security 2 items
Stock - Prices - Pacific Basin 2 items
Stock exchanges 2 items
Treasury bills 2 items
Unemployment 2 items
bond markets 2 items
Asia 1 items
Bank assets 1 items
Bank failures 1 items
Banks and banking - Accounting 1 items
Budget 1 items
Cafeteria benefit plans 1 items
Cash flow 1 items
Corporate profits 1 items
Corporations - Finance 1 items
Deficit financing 1 items
Depressions 1 items
Derivative securities 1 items
Developing countries 1 items
Econometrics 1 items
Economic conditions - Japan 1 items
Economic history 1 items
Economic indicators 1 items
Economic policy 1 items
Economics 1 items
Equilibrium (Economics) 1 items
Europe 1 items
Facebook 1 items
Federal Reserve District, 9th 1 items
Federal Reserve System 1 items
Financial crises 1 items
Flow of funds 1 items
Foreign exchange market 1 items
Geography 1 items
Globalization 1 items
Government securities 1 items
Government-sponsored enterprises 1 items
Heteroskedasticity 1 items
High-frequency trading (HFT) 1 items
IPO 1 items
Identification 1 items
Income 1 items
Index numbers (Economics) 1 items
Indonesia 1 items
Industrial capacity 1 items
Information technology 1 items
Information theory 1 items
Insurance 1 items
International trade 1 items
Investments, Foreign - United States 1 items
Korea 1 items
Labor supply 1 items
Macroeconomics 1 items
Money 1 items
Mortgage loans 1 items
Mutual funds 1 items
Payment systems 1 items
Petroleum industry and trade 1 items
Portfolio management 1 items
Price indexes 1 items
Productive capital stocks 1 items
Public policy 1 items
Rational expectations (Economic theory) 1 items
Real property 1 items
Recessions 1 items
Retirement 1 items
Speculation 1 items
Stock Market Crash, 1987 1 items
Stockbrokers 1 items
Stocks - Rate of return 1 items
Taxation 1 items
Technology 1 items
Technology - Economic aspects 1 items
Trade 1 items
Treasury bonds 1 items
Vector autoregression 1 items
Wages 1 items
Year 2000 date conversion (Computer systems) 1 items
Yield curve 1 items
lenders of last resort 1 items
time series analysis 1 items
show more (141)
show less