Search Results
Report
A use of index models in macroeconomic forecasting
Litterman, Robert B.
(1982)
This paper surveys recent issues in macroeconomics from the viewpoint of dynamic economic theory. The need to look beyond demand and supply curves and the insights that come from doing so are emphasized. Examples of issues in debt management and fiscal policy are analyzed.
Staff Report
, Paper 78
Journal Article
How the U.S. Treasury should auction its debt
Chari, V. V.; Weber, Robert J.
(1992-10)
The U.S. Treasury could raise more revenue if it changed the way it auctions its debt. Under the current procedure, all bidders whose competitive bids for Treasury securities are accepted pay the prices they bid; different winning bidders, that is, pay different prices. Instead, economic theory says, all winning bidders should all pay the same price?that of the highest bid not accepted, or the price that just clears the market. This procedural change would increase the revenue that Treasury auctions raise primarily because it would decrease the amount of resources that bidders would spend ...
Quarterly Review
, Volume 16
, Issue Fall
, Pages 3-12
Journal Article
Uncertainty in federal intervention: Fannie Mae, Freddie Mac and the housing subsidy trail
Feldman, Ron J.
(1996-09)
The Region
, Volume 10
, Issue Sep
, Pages 4-13
Journal Article
The legacy of the separation of banking and commerce continues in Gramm-Leach-Bliley
Kroszner, Randall S.
(2000-06)
The Region
, Volume 14
, Issue Jun
, Pages 18-21
Speech
Statement on Dissenting Vote at March 19, 2014, Meeting of the Federal Open Market Committee / Narayana Kocherlakota, President ... March 19, 2014
Kocherlakota, Narayana R.
(2013-03-19)
Speech
, Paper 105
Report
Systematically missing data in econometric models
Skoog, Gary R.
(1976)
Staff Report
, Paper 13
Working Paper
Real Exchange Rates and Primary Commodity Prices
Ayres, Joao Luiz; Nicolini, Juan Pablo; Hevia, Constantino
(2017-11-13)
In this paper, we show that a substantial fraction of the volatility of real exchange rates between developed economies such as Germany, Japan, and the United Kingdom against the US dollar can be accounted for by shocks that affect the prices of primary commodities such as oil, aluminum, maize, or copper. Our analysis implies that existing models used to analyze real exchange rates between large economies that mostly focus on trade between differentiated ?nal goods could benefit, in terms of matching the behavior of real exchange rates, by also considering trade in primary commodities.
Working Papers
, Paper 743
Working Paper
Inflation and money growth under alternative monetary standards
Weber, Warren E.; Rolnick, Arthur J.
(1994)
Working Papers
, Paper 528
Journal Article
Tracking the elusive nonprofit economy
Wirtz, Ronald A.
(2006-07)
Fedgazette
, Volume 18
, Issue Jul
, Pages 5
Working Paper
Changing Stability in U.S. Employment Relationships: A Tale of Two Tails
Molloy, Raven S.; Smith, Christopher L.; Wozniak, Abigail
(2022-01-28)
We examine how the distribution of employment tenure has changed in aggregate and for various demographic groups, drawing links to trends in job stability and satisfaction. The fraction of workers with short tenure (less than a year) has been falling since at least the mid-1990s, consistent with the decline in job changing documented over this period. The decline in short-tenure was widespread across demographic groups, industry, and occupation. It appears to be associated with fewer workers cycling among briefly-held jobs and coincides with an increase in perceived job security among short ...
Opportunity and Inclusive Growth Institute Working Papers
, Paper 056
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