Search Results

Showing results 1 to 10 of approximately 589.

(refine search)

SORT BY: PREVIOUS / NEXT

All:
Title:
Author:
Abstract:
Keywords:

+ Add Search Parameter

Conference Paper
The term structure of interest rates in the FRB-MIT-PENN model: reality or illusion?
Phillips, Llad; Pippenger, John (1976)
Proceedings , Issue 1 , Pages 67-96

Conference Paper
Measuring trends in leisure
Hurst, Erik; Aguiar, Mark (2006)
In this paper, we use five decades of time-use surveys to document trends in the allocation of time. We find that a dramatic increase in leisure time lies behind the relatively stable number of market hours worked (per working-age adult) between 1965 and 2003. Specifically, we show that leisure for men increased by 6-8 hours per week (driven by a decline in market work hours) and for women by 4-8 hours per week (driven by a decline in home production work hours). This increase in leisure corresponds to roughly an additional 5 to 10 weeks of vacation per year, assuming a 40-hour work week. ...
Proceedings

Conference Paper
The excess sensitivity of long-term interest rates: evidence and implications for macroeconomic models
Sack, Brian P.; Swanson, Eric T.; Gürkaynak, Refet S. (2003-03)
This paper demonstrates that long-term forward interest rates in the U.S. often react considerably to surprises in macroeconomic data releases and monetary policy announcements. This behavior is in contrast to the prediction of many macroeconomic models, in which the long-run properties of the economy are assumed to be time-invariant and perfectly known by all economic agents: Under those assumptions, the shocks we consider would have only transitory effects on short-term interest rates, and hence would not generate large responses in forward rates. Our empirical findings suggest that private ...
Proceedings , Issue Mar

Conference Paper
Exchange rate management: a partial review
Turnovsky, Stephen J. (1992)
Proceedings

Conference Paper
The Depository Institutions Deregulation and Monetary Control Act of 1980: what has Congress wrought?
Kaufman, George G. (1980)
Proceedings , Issue 4 , Pages 199-236

Conference Paper
Irrational exuberance? a conference sponsored by the Federal Reserve Bank of San Francisco and the Stanford Institute for Economic Policy Research, April 21, 2000
anonymous (2000-04)
Proceedings , Issue Apr

Conference Paper
Permanent and transitory policy shocks in an empirical macro model with asymmetric information, comments
Blinder, Alan S. (2004-03)
Proceedings , Issue Mar

Conference Paper
The impact of monetary policy on exchange rates during financial crises
Kamin, Steven B.; Gould, David M. (1999-09)
Proceedings , Issue Sep

Conference Paper
The economics of private equity funds
Metrick, Andrew; Yasuda, Ayako (2007-10)
Proceedings , Issue Oct

Conference Paper
The roles of comovement and inventory investment in the reduction of output volatility
Schuh, Scott; Irvine, F. Owen (2007-11)
More than 80 percent of the decline in the variance of aggregate output since 1984 is accounted for by a decline in the covariance (and correlation) of output among industries that hold inventories. Using a HAVAR macro model (Fratantoni and Schuh 2003) with only two sectors, manufacturing and trade, we show that this decline in comovement ? and thus much of the Great Moderation in aggregate and industry-level output ? is explained largely by changes in the structural relationships between sectors? sales and inventory investment, rather than by ?good luck.? A small part of the Moderation is ...
Proceedings , Issue Nov

show more (10)

PREVIOUS / NEXT

Fed in Print

Search Results

FILTER BY year

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

FILTER BY Keywords