Search Results
Showing results 1 to 10 of approximately 590.
(refine search)
Working Paper
Quantifying "Quantitative Tightening" (QT): How Many Rate Hikes Is QT Equivalent To?
Wei, Bin
(2022-07-15)
How many interest rate hikes is quantitative tightening (QT) equivalent to? In this paper, I examine this question based on the preferred-habitat model in Vayanos and Vila (2021). I define the equivalence between rate hikes and QT such that they both have the same impact on the 10-year yield. Based on the model calibrated to fit the nominal Treasury data between 1999 and 2022, I show that a passive roll-off of $2.2 trillion over three years is equivalent to an increase of 29 basis points in the current federal funds rate at normal times. However, during a crisis period with risk aversion ...
FRB Atlanta Working Paper
, Paper 2022-8
Working Paper
U.S. Unconventional Monetary Policy and Transmission to Emerging Market Economies
Bowman, David; Londono, Juan M.; Sapriza, Horacio
(2014-06-23)
We investigate the effects of U.S. unconventional monetary policies on sovereign yields, foreign exchange rates, and stock prices in emerging market economies (EMEs), and we analyze how these effects depend on country-specifc characteristics. We find that, although EME asset prices, mainly those of sovereign bonds, responded strongly to unconventional monetary policy announcements, these responses were not outsized with respect to a model that takes into account each country's time-varying vulnerability to U.S. interest rates affected by monetary policy shocks.
International Finance Discussion Papers
, Paper 1109
Working Paper
Considerations regarding the use of the discount window to support economic activity through a funding for lending program
Carlson, Mark A.; Zarutskie, Rebecca
(2022-10)
This paper considers the use of the Federal Reserve's ability to provide loans to depository institutions under its discount window lending authority in support of achieving its monetary policy objectives through a funding for lending program. Broadly, a funding for lending program could be structured as one in which the Federal Reserve makes ample low-cost funding available to banks or a program in which the Federal Reserve only provides low-cost funding conditional on the banks meeting certain lending targets. We provide a general description of how a funding for lending program could be ...
Finance and Economics Discussion Series
, Paper 2022-070
Working Paper
The Federal Reserve’s Evolving Monetary Policy Implementation Framework: 1914-1923
Chabot, Benjamin
(2017-01-18)
The Federal Reserve has relied upon a number of different monetary policy implementation frameworks throughout its history. This paper describes the original implementation framework that evolved between 1914 and 1923 in response to new policy objectives and changing market conditions.
Working Paper Series
, Paper WP-2017-1
Working Paper
How to Starve the Beast: Fiscal Policy Rules
Martin, Fernando M.
(2022-09-14)
Countries have widely imposed fiscal rules designed to constrain government spending and ensure fiscal responsibility. This paper studies the effectiveness and welfare implications of revenue, deficit and debt rules when governments are discretionary and prone to overspending. The optimal prescription is a revenue ceiling coupled with a balance budget requirement. For the U.S., the optimal revenue ceiling is about 15% of output, 3 percentage points below the postwar average. Most of the benefits can still be reaped with a milder constraint or escape clauses during adverse times. Imposing a ...
Working Papers
, Paper 2019-026
Working Paper
The Effects of the Federal Reserve Chair’s Testimony on Interest Rates and Stock Prices
Gordon, Matthew V.; Lunsford, Kurt Graden
(2023-11-13)
We study how congressional testimony about monetary policy by the Chair of the Board of Governors of the Federal Reserve System affects interest rates and stock prices. First, we study testimony associated with the Federal Reserve’s Monetary Policy Reports (MPRs) to Congress. Testimony for a particular MPR is usually given on two days, one day for each chamber of Congress. We separately study the first day and second day of MPR testimony. We also study testimonies not associated with MPRs but that are still related to monetary policy. We find that first-day MPR testimonies cause the largest ...
Working Papers
, Paper 23-26
Working Paper
Negative Interest Rate Policy and the Influence of Macroeconomic News on Yields
Hara, Naoko; Fatum, Rasmus; Yamamoto, Yohei
(2019-01-27)
We consider the influence of domestic and U.S. macroeconomic news surprises on daily bond yields over the January 1999 to January 2018 period for four advanced Negative Interest Rate Policy (NIRP) economies ? Germany, Japan, Sweden and Switzerland. Our results suggest that the influence of macroeconomic news surprises is for all four countries under study during the NIRP period non-existent or noticeably weaker than during the preceding Zero Interest Rate Policy (ZIRP) period. Our results are consistent with the suggestion that NIRP is characterized by a lower bound that is no less ...
Globalization Institute Working Papers
, Paper 354
Working Paper
Quantitative Easing and Bank Risk Taking: Evidence from Lending
Kandrac, John; Schlusche, Bernd
(2017-10-12)
We empirically assess the effect of reserve accumulation as a result of quantitative easing (QE) on bank-level lending and risk taking activity. To overcome the endogeneity of bank-level reserve holdings to banks' other portfolio decisions, we employ instruments made available by a regulatory change that strongly influenced the distribution of reserves in the banking system. Consistent with theories of the portfolio substitution channel in which the transmission of QE depends in part on reserve creation itself, we document that reserves created in two distinct QE programs led to higher total ...
Finance and Economics Discussion Series
, Paper 2017-125
Working Paper
What Caused the Great Recession in the Eurozone?
Hetzel, Robert L.
(2016-08-23)
Since 2008, the Eurozone has undergone two recessions, which together constitute the "Great Recession." The combination of a decline in output and disinflation as well as a persistent decline in inflation suggests that contractionary monetary policy was one factor. This paper makes two methodological points. First, in analyzing the causes of the Great Recession, it is important to distinguish between credit and monetary policy. Second, a multiplicity of estimated models can "explain" the Great Recession. In practice, economists choose between models through an associated narrative that ...
Working Paper
, Paper 16-10
Working Paper
Pandemic Recession Dynamics: The Role of Monetary Policy in Shifting a U-Shaped Recession to a V-Shaped Rebound
Kiley, Michael T.
(2020-10-07)
COVID-19 has depressed economic activity around the world. The initial contraction may be amplified by the limited space for conventional monetary policy actions to support recovery implied by the low level of nominal interest rates recently. Model simulations assuming an initial contraction in output of 10 percent suggest several policy lessons. Adverse effects of constrained monetary policy space are large, changing a V-shaped rebound into a deep U-shaped recession absent large-scale Quantitative Easing (QE). Additionally, the medium-term scarring on economic potential can be large, and ...
Finance and Economics Discussion Series
, Paper 2020-083
FILTER BY year
FILTER BY Bank
Board of Governors of the Federal Reserve System (U.S.) 173 items
Federal Reserve Bank of New York 92 items
Federal Reserve Bank of St. Louis 75 items
Federal Reserve Bank of Dallas 48 items
Federal Reserve Bank of Atlanta 32 items
Federal Reserve Bank of Cleveland 31 items
Federal Reserve Bank of San Francisco 29 items
Federal Reserve Bank of Boston 26 items
Federal Reserve Bank of Minneapolis 21 items
Federal Reserve Bank of Chicago 20 items
Federal Reserve Bank of Kansas City 19 items
Federal Reserve Bank of Philadelphia 16 items
Federal Reserve Bank of Richmond 8 items
show more (8)
show less
FILTER BY Series
Finance and Economics Discussion Series 150 items
Working Papers 129 items
Staff Reports 63 items
Working Paper Series 47 items
Globalization Institute Working Papers 35 items
Review 30 items
FRB Atlanta Working Paper 15 items
International Finance Discussion Papers 13 items
Liberty Street Economics 13 items
Policy Hub 11 items
Federal Reserve Bulletin 10 items
Economic Policy Review 9 items
Staff Report 9 items
Working Paper 8 items
Research Working Paper 7 items
Speech 7 items
Current Policy Perspectives 5 items
Working Papers (Old Series) 5 items
Economic Bulletin 4 items
Economic Review 3 items
FRB Atlanta CenFIS Working Paper 3 items
Payments System Research Briefing 3 items
Chicago Fed Letter 2 items
Policy Hub* 2 items
Supervisory Research and Analysis Working Papers 2 items
FRB Atlanta CQER Working Paper 1 items
Macro Bulletin 1 items
Proceedings - Economic Policy Symposium - Jackson Hole 1 items
Public Policy Brief 1 items
Public Policy Discussion Paper 1 items
show more (25)
show less
FILTER BY Content Type
Working Paper 415 items
Report 77 items
Journal Article 64 items
Discussion Paper 20 items
Speech 7 items
Briefing 4 items
Newsletter 2 items
Conference Paper 1 items
show more (3)
show less
FILTER BY Author
Martin, Antoine 31 items
Carlson, Mark A. 19 items
Martinez-Garcia, Enrique 17 items
Kiley, Michael T. 16 items
Wheelock, David C. 16 items
Martin, Fernando M. 15 items
Afonso, Gara 14 items
Neely, Christopher J. 13 items
Kim, Kyungmin 11 items
Nosal, Ed 11 items
Burk, Nicholas A. 10 items
Christensen, Jens H. E. 10 items
Small, David H. 10 items
Roberds, William 9 items
Zarutskie, Rebecca 9 items
Bhattarai, Saroj 8 items
Bianchi, Javier 8 items
Copeland, Adam 8 items
Schulhofer-Wohl, Sam 8 items
Wei, Bin 8 items
D'Amico, Stefania 7 items
Frame, W. Scott 7 items
Klee, Elizabeth C. 7 items
Nicolini, Juan Pablo 7 items
Potter, Simon M. 7 items
Zlate, Andrei 7 items
Adrian, Tobias 6 items
Andolfatto, David 6 items
Boyarchenko, Nina 6 items
Del Negro, Marco 6 items
Gagnon, Etienne 6 items
Ihrig, Jane E. 6 items
Jacobson, Margaret M. 6 items
King, Thomas B. 6 items
Kliesen, Kevin L. 6 items
Kovner, Anna 6 items
La Spada, Gabriele 6 items
Lester, Benjamin 6 items
Logan, Lorie 6 items
Malin, Benjamin A. 6 items
Nelson, Edward 6 items
Ozdagli, Ali K. 6 items
Park, Woong Yong 6 items
Abbassi, Puriya 5 items
Acosta, Miguel 5 items
Armenter, Roc 5 items
Bordo, Michael D. 5 items
Brennan, Connor M. 5 items
Caldara, Dario 5 items
Cipriani, Marco 5 items
Cole, Stephen J. 5 items
Gilchrist, Simon 5 items
Jia, Chengcheng 5 items
McAndrews, James J. 5 items
Pedemonte, Mathieu 5 items
Pfajfar, Damjan 5 items
Prescott, Edward Simpson 5 items
Richter, Alexander W. 5 items
Ruprecht, Romina 5 items
Sanches, Daniel R. 5 items
Tambalotti, Andrea 5 items
Throckmorton, Nathaniel A. 5 items
Weinbach, Gretchen C. 5 items
Yue, Vivian Z. 5 items
Zakrajšek, Egon 5 items
Afonso, Gara M. 4 items
Ajello, Andrea 4 items
Amador, Manuel 4 items
Arias, Jonas E. 4 items
Arseneau, David M. 4 items
Bengui, Julien 4 items
Berentsen, Aleksander 4 items
Bräuning, Falk 4 items
Carvalho, Carlos 4 items
Cavallo, Michele 4 items
Doh, Taeyoung 4 items
Dudley, William 4 items
Duffie, Darrell 4 items
Ferrero, Andrea 4 items
Gavin, William T. 4 items
Grasing, Jamie 4 items
Hetzel, Robert L. 4 items
Huther, Jeff W. 4 items
Kahn, Charles M. 4 items
Kandrac, John 4 items
López-Salido, J. David 4 items
Mitchell, James 4 items
Nakata, Taisuke 4 items
Nechio, Fernanda 4 items
Owyang, Michael T. 4 items
Riordan, Will 4 items
Rosa, Carlo 4 items
Schularick, Moritz 4 items
Sim, Jae W. 4 items
Smith, Andrew Lee 4 items
Ulate, Mauricio 4 items
Yang, Emily 4 items
Zobel, Patricia 4 items
http://fedora:8080/fcrepo/rest/objects/authors/ 4 items
Arce, Fernando 3 items
Auer, Raphael 3 items
Bauer, Michael D. 3 items
Benigno, Gianluca 3 items
Benigno, Pierpaolo 3 items
Buera, Francisco J. 3 items
Bullard, James B. 3 items
Bundick, Brent 3 items
Calomiris, Charles W. 3 items
Chung, Hess T. 3 items
Crosignani, Matteo 3 items
Duarte, Fernando M. 3 items
Eusepi, Stefano 3 items
Fernández-Villaverde, Jesús 3 items
Ferrante, Francesco 3 items
Fischer, Eric 3 items
Grossman, Valerie 3 items
Guisinger, Amy Y. 3 items
Iyer, Rajkamal 3 items
Keane, Frank M. 3 items
Kiernan, Kevin F. 3 items
Koch, Christoffer 3 items
Kulish, Mariano 3 items
Lee, Jae Won 3 items
Liang, J. Nellie 3 items
Liu, Haoyang 3 items
Mason, Joseph R. 3 items
McCracken, Michael W. 3 items
Nelson, William R. 3 items
Nesmith, Travis D. 3 items
Nunes, Ricardo 3 items
Paulson, Anna L. 3 items
Peydró, José-Luis 3 items
Prono, Todd 3 items
Quinn, Stephen F. 3 items
Reifschneider, David L. 3 items
Rodriguez-Shah, Ethan 3 items
Roman, Raluca 3 items
Schlusche, Bernd 3 items
Song, Zhaogang 3 items
Soto, Paul E. 3 items
Spiegel, Mark M. 3 items
Steiner, Eva 3 items
Sultanum, Bruno 3 items
Tallman, Ellis W. 3 items
Tang, Jenny 3 items
Topa, Giorgio 3 items
Vardoulakis, Alexandros 3 items
Velde, Francois R. 3 items
Vojtech, Cindy M. 3 items
Wall, Larry D. 3 items
Wang, J. Christina 3 items
Weber, Warren E. 3 items
Wen, Yi 3 items
Winkler, Fabian 3 items
Wynne, Mark A. 3 items
de Fontnouvelle, Patrick 3 items
van Buggenum, Hugo 3 items
Agarwal, Sumit 2 items
Agueci, Paul 2 items
Alkan, Leyla 2 items
Anderson, Alyssa G. 2 items
Andrade, Philippe 2 items
Armantier, Olivier 2 items
Aruoba, S. Boragan 2 items
Asako, Yasushi 2 items
Bank, Joel 2 items
Bartolini, Leonardo 2 items
Beauregard, Remy 2 items
Bodenstein, Martin 2 items
Burke, Mary A. 2 items
Campbell, Jeffrey R. 2 items
Carapella, Francesca 2 items
Chatterjee, Arpita 2 items
Choi, Dong Beom 2 items
Clouse, James A. 2 items
Cooke, Diana A. 2 items
Correa, Ricardo 2 items
Cotton, Christopher D. 2 items
Crump, Richard K. 2 items
Curdia, Vasco 2 items
Davig, Troy A. 2 items
Davis, Isaac 2 items
Decker, Ryan A. 2 items
Dräger, Lena 2 items
Duncan, Roberto 2 items
Duygan-Bump, Burcu 2 items
Eggertsson, Gauti B. 2 items
Eisenbach, Thomas M. 2 items
Ennis, Huberto M. 2 items
Erceg, Christopher J. 2 items
Faria-e-Castro, Miguel 2 items
Favara, Giovanni 2 items
Fecht, Falko 2 items
Fitchett, Hamish 2 items
Fitzgerald, Terry J. 2 items
Fleming, Michael J. 2 items
Foerster, Andrew 2 items
Fonseca, Luis 2 items
Frost, Josh 2 items
Gali, Jordi 2 items
Garbade, Kenneth D. 2 items
Giannone, Domenico 2 items
Gorajek, Adam 2 items
Gorton, Gary 2 items
Gourio, Francois 2 items
Gourio, François 2 items
Guerrieri, Luca 2 items
Gust, Christopher J. 2 items
Haubrich, Joseph G. 2 items
Hebden, James 2 items
Hirtle, Beverly 2 items
Iacoviello, Matteo 2 items
Infante, Sebastian 2 items
Jaremski, Matthew 2 items
Jones, Callum J. 2 items
Jordà, Òscar 2 items
Karson, Evan 2 items
Keen, Benjamin D. 2 items
Keister, Todd 2 items
Kim, Edward 2 items
Kitsul, Yuriy 2 items
Krogstrup, Signe 2 items
Kurtzman, Robert J. 2 items
L'Huillier, Jean-Paul 2 items
Lakdawala, Aeimit K. 2 items
Lamla, Michael J. 2 items
Laubach, Thomas 2 items
Le Bihan, Hervé 2 items
Lee, Michael Junho 2 items
Lunsford, Kurt Graden 2 items
Lutz, Byron F. 2 items
Macchiavelli, Marco 2 items
Manganelli, Simone 2 items
Maniff, Jesse Leigh 2 items
Marsh, W. Blake 2 items
Matheron, Julien 2 items
Matthes, Christian 2 items
McCabe, Patrick E. 2 items
McLaughlin, Susan 2 items
Meade, Ellen E. 2 items
Milani, Fabio 2 items
Minoiu, Camelia 2 items
Modugno, Michele 2 items
Morais, Bernardo 2 items
Natalucci, Fabio M. 2 items
Nekarda, Christopher J. 2 items
Nikolaou, Kleopatra 2 items
Olivei, Giovanni P. 2 items
Orphanides, Athanasios 2 items
Paul, Pascal 2 items
Paustian, Matthias 2 items
Peydro, Jose Luis 2 items
Pingitore, Kate 2 items
Prati, Alessandro 2 items
Prugar, Caroline 2 items
Queraltó, Albert 2 items
Rappoport, David E. 2 items
Remache, Julie 2 items
Richardson, Gary 2 items
Rivadeneyra, Francisco 2 items
Rivas, Tyisha 2 items
Rivers, David A. 2 items
Roberts, John M. 2 items
Rose, Andrew K. 2 items
Rosengren, Eric S. 2 items
Rubio-Ramirez, Juan F. 2 items
Rudebusch, Glenn D. 2 items
Ruiz-Ortega, Claudia 2 items
Saravay, Zack 2 items
Sarkar, Asani 2 items
Schoenle, Raphael 2 items
Seida, Tim 2 items
Sengupta, Rajdeep 2 items
Shachar, Or 2 items
Shin, Hyun Song 2 items
Shin, Minchul 2 items
Siemer, Michael 2 items
Sims, Eric 2 items
Sinha, Nitish R. 2 items
Skeie, David R. 2 items
Spewak, Andrew 2 items
Staib, Andrew 2 items
Styczynski, Mary-Frances 2 items
Taylor, Alan M. 2 items
Thornton, Daniel L. 2 items
Tootell, Geoffrey M. B. 2 items
Ueda, Kozo 2 items
Vickery, James 2 items
Waggoner, Daniel F. 2 items
Weale, Martin 2 items
Wei, Min 2 items
White, Eugene 2 items
Williams, John C. 2 items
Wong, Tsz-Nga 2 items
Wood, Paul R. 2 items
Wu, Jing Cynthia 2 items
Yang, Choongryul 2 items
Zhang, Ren 2 items
Zhu, Simon 2 items
Zimmermann, Christian 2 items
von Thadden, Ernst-Ludwig 2 items
Acharya, Viral V. 1 items
Afanasyeva, Elena 1 items
Ahn, Jung-Hyun 1 items
Aikman, David 1 items
Altavilla, Carlo 1 items
Altinoglu, Levent 1 items
Altunbas, Yener 1 items
Alvarez, Antonio 1 items
Ampudia, Miguel 1 items
Amstad, Marlene 1 items
An, Xudong 1 items
Anbil, Sriya 1 items
Anene, Dominic 1 items
Aramonte, Sirio 1 items
Ashcraft, Adam B. 1 items
Badev, Anton 1 items
Ballance, Joshua 1 items
Balloch, Cynthia 1 items
Banet, Jeremie 1 items
Barnes, Michelle L. 1 items
Bassett, William F. 1 items
Bassetto, Marco 1 items
Baughman, Garth 1 items
Bech, Morten L. 1 items
Benchimol, Jonathan 1 items
Berger, Allen N. 1 items
Berka, Martin 1 items
Bernanke, Ben S. 1 items
Bernhardt, Robert 1 items
Bertaut, Carol C. 1 items
Bertola, Giuseppe 1 items
Bharadwaj, Asha 1 items
Bi, Huixin 1 items
Bignon, Vincent 1 items
Bobrov, Anton E. 1 items
Borio, Claudio 1 items
Borowiecki, Karol Jan 1 items
Bowman, David 1 items
Brang, Grace 1 items
Brayton, Flint 1 items
Breton, Régis 1 items
Brousseau, Vincent 1 items
Bush, Ryan 1 items
Bushman, Robert M. 1 items
Cairó, Isabel 1 items
Canzoneri, Matthew B. 1 items
Cardozo, Cristhian Hernando Ruiz 1 items
Carpinelli, Luisa 1 items
Cerutti, Eugenio 1 items
Chabot, Benjamin 1 items
Chang, Andrew C. 1 items
Chari, V. V. 1 items
Chen, Qian 1 items
Choi, Hyun-Soo 1 items
Clark, Lauren 1 items
Cochrane, John H. 1 items
Coleman, Stacy Panigay 1 items
Cooper, Daniel H. 1 items
Cornelli, Giulio 1 items
Coughlin, Cletus C. 1 items
Coulibaly, Louphou 1 items
Coulter, Jarod 1 items
Covitz, Daniel M. 1 items
Craig, Ben R. 1 items
Curfman, Christopher 1 items
Danker, Deborah J. 1 items
Darst, Matt 1 items
Davis, J. Scott 1 items
De Michelis, Andrea 1 items
De Pooter, Michiel 1 items
DeCorleto, Donna A. 1 items
Debortoli, Davide 1 items
Devereux, Michael B. 1 items
Diba, Behzad T. 1 items
Diez, Federico J. 1 items
Dilts Stedman, Karlye 1 items
Dogra, Keshav 1 items
Domanski, Dietrich 1 items
Dong, Feng 1 items
Doyle, Brian M. 1 items
Drautzburg, Thorsten 1 items
Drexler, Alejandro 1 items
Duca, John V. 1 items
Duffy, Denise 1 items
Dvorkin, Maximiliano 1 items
Ebanks, Daniel 1 items
Edge, Rochelle M. 1 items
Edwards, Cheryl L. 1 items
Egorov, Konstantin 1 items
El Ghoul, Sadok 1 items
Elias, Leonardo 1 items
Emmons, William R. 1 items
English, William B. 1 items
Epouhe, Onesime 1 items
Erce, Aitor 1 items
Ericsson, Neil R. 1 items
Evans, Charles L. 1 items
Faber, Jacob M. M. 1 items
Fatum, Rasmus 1 items
Fawley, Brett W. 1 items
Femia, Katherine 1 items
Fernandez, Alejandro 1 items
Fernholz, Ricardo T. 1 items
Filardo, Andrew J. 1 items
Filippou, Ilias 1 items
Fillat, Jose 1 items
Fillat, José 1 items
Fiorentino, Elisabetta 1 items
Fischer, Andreas M. 1 items
Fisher, Jonas D. M. 1 items
Fourakis, Stelios 1 items
Fourçans, André 1 items
Fox, Lynn 1 items
Frache, Serafin 1 items
Fratzscher, Marcel 1 items
Friedman, Steven 1 items
Fuentes-Albero, Cristina 1 items
Fuhrer, Jeffrey C. 1 items
Fujiwara, Ippei 1 items
Funaki, Yukihiko 1 items
Fusari, Nicola 1 items
Gabriel, Stuart A. 1 items
Gabrieli, Silvia 1 items
Garcia-Cabo, Joaquin 1 items
Garga, Vaishali 1 items
Garratt, Rod 1 items
Gelain, Paolo 1 items
Gennaro Caracciolo, Gherardo 1 items
Georgiadis, Georgios 1 items
Giannoni, Marc 1 items
Gillan, James M. 1 items
Gillet, Max 1 items
Glancy, David P. 1 items
Glover, Andrew 1 items
Goldberg, Jonathan 1 items
Gomis-Porqueras, Pedro 1 items
Gonzalez-Astudillo, Manuel 1 items
Gordon, Matthew V. 1 items
Gospodinov, Nikolay 1 items
Grab, Johannes 1 items
Grimm, Maximilian 1 items
Guedhami, Omrane 1 items
Gürkaynak, Refet S. 1 items
Haas, Jacob 1 items
Han, Song 1 items
Han, Zhao 1 items
Hara, Naoko 1 items
Haslag, Joseph H. 1 items
Haughwout, Andrew F. 1 items
Hayashi, Fumiko 1 items
Hayashi, Fumio 1 items
Herreno, Juan 1 items
Heuvel, Skander J. van den 1 items
Hillery, Paula V. 1 items
Hobijn, Bart 1 items
Hoffmann, Joy 1 items
Holt, Charles 1 items
Hrung, Warren B. 1 items
Hsu, Eric 1 items
Humpage, Owen F. 1 items
Hyman, Benjamin 1 items
Ionescu, Felicia 1 items
Iyigun, Murat F. 1 items
Jackson, Laura E. 1 items
Jamali, Ibrahim 1 items
Jendoubi, Haitham 1 items
Johannsen, Benjamin K. 1 items
Jones, Callum 1 items
Jurgilas, Marius 1 items
Kahn, Robert B. 1 items
Kamdar, Rupal 1 items
Karabarbounis, Loukas 1 items
Kashyap, Anil K. 1 items
Kim, Jinill 1 items
Kim, Sungil 1 items
Kim, You Suk 1 items
Kingsley, G. Thomas 1 items
Kiyotaki, Nobuhiro 1 items
Knotek, Edward S. 1 items
Koby, Yann 1 items
Koeda, Junko 1 items
Kotidis, Antonis 1 items
Krane, Spencer D. 1 items
Kroeger, Alexander 1 items
Kumar, Anil 1 items
Kumbhat, Ashish 1 items
Kupiec, Paul H. 1 items
Kurozumi, Takushi 1 items
Labonne, Claire 1 items
Laliberte, Brendan 1 items
Lambert, Michael J. 1 items
Lamla, Michael 1 items
Laufer, Steven 1 items
Lebeau, Lucie 1 items
Lee, Donggyu 1 items
Lee, JiHyung 1 items
Lee, Seung Jung 1 items
Lee, Stephen M. 1 items
Lehnert, Andreas 1 items
show more (495)
show less
FILTER BY Jel Classification
E52 325 items
G21 100 items
E43 84 items
E44 75 items
E31 74 items
G28 67 items
E42 59 items
G12 44 items
E61 41 items
E32 38 items
E51 36 items
G01 33 items
E62 25 items
E50 23 items
N22 23 items
G23 22 items
D84 19 items
G18 19 items
E37 18 items
E63 17 items
F41 17 items
N12 16 items
E47 15 items
E60 13 items
E65 11 items
F31 11 items
G24 11 items
E41 10 items
C53 9 items
D12 9 items
D83 9 items
G14 9 items
H63 9 items
C11 8 items
C32 8 items
D82 8 items
E30 8 items
E59 8 items
G10 8 items
F32 7 items
F42 7 items
G15 7 items
G20 7 items
N10 7 items
N13 7 items
N21 7 items
E40 6 items
G32 6 items
C13 5 items
C36 5 items
G11 5 items
A11 4 items
E4 4 items
E69 4 items
F33 4 items
F34 4 items
G1 4 items
B0 3 items
C51 3 items
C58 3 items
D10 3 items
E12 3 items
E20 3 items
E24 3 items
E5 3 items
E53 3 items
F36 3 items
G2 3 items
H1 3 items
L51 3 items
M41 3 items
N11 3 items
N20 3 items
C22 2 items
C24 2 items
C33 2 items
C46 2 items
C72 2 items
C83 2 items
C92 2 items
D14 2 items
D44 2 items
D53 2 items
D85 2 items
E02 2 items
E13 2 items
E21 2 items
E71 2 items
F02 2 items
F14 2 items
F30 2 items
F45 2 items
F62 2 items
G33 2 items
G34 2 items
H21 2 items
H50 2 items
J11 2 items
P52 2 items
R21 2 items
A22 1 items
C10 1 items
C12 1 items
C14 1 items
C25 1 items
C30 1 items
C31 1 items
C34 1 items
C54 1 items
C60 1 items
C63 1 items
C80 1 items
C81 1 items
C82 1 items
D18 1 items
D22 1 items
D25 1 items
D78 1 items
D79 1 items
D81 1 items
E00 1 items
E10 1 items
E17 1 items
E22 1 items
E27 1 items
E3 1 items
E64 1 items
E66 1 items
F3 1 items
F37 1 items
F44 1 items
F47 1 items
F55 1 items
G19 1 items
G41 1 items
G51 1 items
H0 1 items
H12 1 items
H19 1 items
H62 1 items
H74 1 items
H81 1 items
H83 1 items
I1 1 items
L14 1 items
N0 1 items
O31 1 items
O42 1 items
Q54 1 items
R13 1 items
R20 1 items
R30 1 items
R31 1 items
show more (149)
show less
FILTER BY Keywords
monetary policy 161 items
Federal Reserve 41 items
forward guidance 31 items
inflation 24 items
quantitative easing 24 items
monetary policy implementation 23 items
zero lower bound 22 items
Effective lower bound 21 items
discretion 21 items
financial stability 20 items
COVID-19 17 items
central banks 16 items
federal funds market 16 items
liquidity 16 items
government debt 14 items
Unconventional monetary policy 14 items
FOMC 13 items
deficit 13 items
institutional design 13 items
political frictions 13 items
time-consistency 13 items
interest rates 13 items
Asymmetric loss function 12 items
Symmetric loss function 12 items
Macroprudential policy 12 items
central bank digital currency 12 items
Federal Reserve System 11 items
Financial crisis 11 items
inflation targeting 11 items
Great inflation 10 items
Volcker 10 items
Discount window 10 items
bank runs 10 items
Monetary policy tools 9 items
Taylor rule 9 items
systemic risk 9 items
Funding for lending 8 items
austerity 8 items
debt sustainability 8 items
fiscal rules 8 items
Financial crises 8 items
Payments 8 items
central bank credibility 8 items
liquidity risk 8 items
repo market 8 items
Inflation expectations 8 items
Inflation target 8 items
central banking 8 items
Rules 7 items
event study 7 items
interest on reserves 7 items
Lender of last resort 7 items
banks 7 items
central bank balance sheets 7 items
Bank lending 7 items
Federal Open Market Committee 6 items
reserve requirements 6 items
Bayesian estimation 6 items
Fiscal policy 6 items
High-frequency identification 6 items
Leverage 6 items
Repo 6 items
balance sheet policies 6 items
banking panics 6 items
liquidity traps 6 items
money markets 6 items
Federal Open Market Committee (FOMC) 5 items
Rules and discretion 5 items
financial intermediation 5 items
quantitative tightening 5 items
tabletop exercise 5 items
term structure modeling 5 items
Banking 5 items
Central bank independence 5 items
Collateral 5 items
Credit 5 items
Liquidity trap 5 items
transparency 5 items
Central Bank 5 items
Dual Mandate 5 items
asset prices 5 items
Asset purchases 4 items
Causal estimates of monetary policy 4 items
Expectations 4 items
GCF Repo 4 items
Global Financial Crisis 2007–09 4 items
Monetary surprises 4 items
PPP 4 items
Phillips curve 4 items
Stress tests 4 items
Treasury market 4 items
e-money 4 items
excess reserves 4 items
federal funds rates 4 items
financial fragility 4 items
financial market frictions 4 items
forecasts 4 items
money market funds 4 items
reserves 4 items
tri-party repo reforms 4 items
zero lower bound (ZLB) 4 items
Bank Profitability 4 items
Central bank communication 4 items
Margin 4 items
Money 4 items
Negative Interest Rates 4 items
Open market operations 4 items
Remittances 4 items
Reserve balances 4 items
Uncertainty 4 items
ample reserve supply 4 items
digital currencies 4 items
Asset quality review 3 items
Corporate real effects from bank credit 3 items
Costs of safe assets 3 items
Credit crunch 3 items
DSGE models 3 items
Demand shocks 3 items
Federal Reserve Board and Federal Reserve System 3 items
GSEs 3 items
Hysteresis 3 items
Inequality 3 items
MBS 3 items
Macroeconomics 3 items
Main Street 3 items
Main Street Lending Program 3 items
Monetarism 3 items
Money market 3 items
Negative interest rate 3 items
Optimal policy 3 items
Over-borrowing 3 items
QE 3 items
Ricardian equivalence 3 items
Risk-masking 3 items
Supervision 3 items
TBA 3 items
TRACE 3 items
U.S. monetary policy 3 items
Under-borrowing 3 items
bank liquidity regulation 3 items
banknotes 3 items
capital adequacy 3 items
central banks and their policies 3 items
conditional encompassing 3 items
deposit insurance 3 items
eurodollar futures 3 items
excess bond premium 3 items
federal funds 3 items
financial overheating 3 items
financial services 3 items
governance 3 items
heterogeneity 3 items
interbank markets 3 items
interest on excess reserves 3 items
interest rate rules 3 items
lenders of last resort 3 items
liftoff 3 items
liquidity regulations 3 items
monetary policy framework 3 items
monetary policy transmission 3 items
money multiplier 3 items
overnight RRP 3 items
public banks 3 items
regulation 3 items
repurchase agreements 3 items
reserve demand 3 items
reverse repos 3 items
risk 3 items
stigma 3 items
structural changes 3 items
term structure 3 items
time-varying parameters 3 items
tri-party repos 3 items
yield curves 3 items
Balance sheet policy 3 items
Credit easing 3 items
asymmetric information 3 items
bank capital 3 items
bank notes 3 items
contagion 3 items
Activity estimates 2 items
Agency MBS 2 items
Alternative data 2 items
Attention 2 items
Bailouts 2 items
Balance sheet management 2 items
Bank disintermediation 2 items
Basel III 2 items
Bayesian VARs 2 items
Best critical region 2 items
CCPs 2 items
COVID-19 pandemic 2 items
Capital tax rate 2 items
Capital-skill complementarity 2 items
Censoring 2 items
Central bank balance sheet 2 items
Central counterparties 2 items
Collateral constraints 2 items
Comprehensive Capital Analysis and Review (CCAR) 2 items
Corporate Credit Facilities 2 items
Credibility 2 items
DSGE Model 2 items
Density forecasting 2 items
Direct lending programs 2 items
Employment 2 items
Endogenous monetary policy 2 items
FOMC communications 2 items
Fan charts 2 items
Fed 2 items
Fed information 2 items
Fed-Treasury Accord 2 items
Federal Reserve Act 2 items
Federal Reserve lending facilities 2 items
Financial inclusion 2 items
Financial markets 2 items
Financial stability and risk 2 items
Financial systems 2 items
Forecast evaluation 2 items
Forecast uncertainty 2 items
Forecasting 2 items
Great Recession 2 items
Helicopter drops 2 items
Household Survey 2 items
Household debt 2 items
Liquidity (Economics) 2 items
Macroeconomic expectations 2 items
Model comparison 2 items
Monetary policy strategy 2 items
Mortgages 2 items
National Banking system 2 items
Natural Rate 2 items
Natural language processing 2 items
New Keynesian model 2 items
Optimal monetary policy 2 items
Outliers 2 items
Paycheck ProtectionProgram 2 items
Price level targeting 2 items
Procyclicality 2 items
QT 2 items
Researcher bias 2 items
Reserve Bank Organization Committee 2 items
Risk Taking 2 items
Sacrifice Ratio 2 items
Single Security Initiative 2 items
Skewed densities 2 items
Sovereign Debt 2 items
Taylor principle 2 items
Time inconsistency 2 items
Transmission mechanism 2 items
Treasury 2 items
UMBS 2 items
Welfare implications 2 items
active vs passive policies 2 items
administered rates 2 items
ample reserves 2 items
bank reserves 2 items
bank-specific information 2 items
banking regulations 2 items
bias 2 items
central bank communications 2 items
central bank digital currencies 2 items
central bank information 2 items
central bank reserves 2 items
clearinghouses 2 items
credit market support facilities 2 items
credit risks 2 items
cryptocurrencies 2 items
currency 2 items
currency premium 2 items
debt 2 items
debt management 2 items
durable and nondurable goods consumption 2 items
external instruments 2 items
federal funds rate 2 items
fiscal dominance 2 items
foreign exchange 2 items
heterogeneous expectations 2 items
high frequency identification 2 items
identification 2 items
indeterminacy 2 items
interbank networks 2 items
investment banking 2 items
laboratory experiments 2 items
large-scale asset purchase programs 2 items
large-scale asset purchases 2 items
liquidity premium 2 items
liquidity-saving mechanisms 2 items
market discipline 2 items
municipal debt 2 items
networks 2 items
non-neutrality of money 2 items
optimal deposit contract 2 items
output-inflation trade-off 2 items
over-the-counter markets 2 items
overnight reverse repo (ON RRP) 2 items
particle filter 2 items
policy rules 2 items
preferred-habitat 2 items
private stablecoins 2 items
proxy structural VAR 2 items
purchase effects 2 items
quantile regression 2 items
rate hikes 2 items
real interest rates 2 items
real-time gross settlement 2 items
reserves management 2 items
reverse repo 2 items
risk-taking 2 items
runs 2 items
securities dealers 2 items
securitization 2 items
smart contracts 2 items
specie flows 2 items
stability of the Phillips curve 2 items
stochastic volatility 2 items
structural vector autoregressions 2 items
survey data 2 items
term structures 2 items
unpleasant monetarist arithmetic 2 items
web 3.0 2 items
10-year Treasury yield 1 items
13(3) 1 items
2023 banking turmoil 1 items
ATSM 1 items
Abenomics 1 items
Adam Posen 1 items
Agency mortgage-backed securities 1 items
Aldrich Plan 1 items
Alternative monetary policy strategies 1 items
Ample-reserves regime 1 items
Asset booms and busts 1 items
Asset-backed financing 1 items
Automatic rules 1 items
Autometrics 1 items
Balance sheet costs 1 items
Balance sheet policy surprises 1 items
Bank Credit Supply 1 items
Bank Failure 1 items
Bank Term Funding Program (BTFP) 1 items
Bank Wholesale Funding 1 items
Bank capital requirements 1 items
Bank deposits 1 items
Bank of England 1 items
Bank risk 1 items
Bank suspension 1 items
Bank-Sovereign Nexus 1 items
Banking crises 1 items
Banking crisis 1 items
Bayesian inference 1 items
Bayesian model comparison 1 items
Belief Formation 1 items
Blue Chip 1 items
Bond Yields 1 items
Boundary problem 1 items
Broker-dealers 1 items
Business cycle fluctuations 1 items
Business cycles 1 items
CDS 1 items
CDS spreads 1 items
Censored regression 1 items
Central Bank Digital Currencies (CBDCs) 1 items
Central Counterparties (CCPs) 1 items
Central bank coordination 1 items
Central bank lending 1 items
Central bank lending authority 1 items
Central bank lending facilities 1 items
Central bank mandate 1 items
Central bank speeches 1 items
Commitment policies 1 items
Committee on the Global Financial System 1 items
Commodity prices 1 items
Comprehensive Liquidity Analysis and Review (CLAR) 1 items
Confidence in Central Banks 1 items
Consumer Price Index 1 items
Consumer sentiments 1 items
Core PCE prices 1 items
Corporate bond market 1 items
Costs of inflation 1 items
Countercyclical capital buffer 1 items
Countercyclical policy 1 items
Credit Supply 1 items
Credit boom 1 items
Credit channel of monetary policy 1 items
Credit derivatives 1 items
Credit gap 1 items
Credit programs 1 items
Credit risk 1 items
Crisis prevention 1 items
DELR 1 items
DFAST stress tests 1 items
Danmarks Nationalbank (DNB) 1 items
Dealers 1 items
Debt issuance 1 items
Deflation 1 items
Deflationary Bias 1 items
Delegation 1 items
Delphic forward guidance 1 items
Demand-driven recession 1 items
Dependence of policy on information 1 items
Deposit outflows 1 items
Depository institutions 1 items
Deregulation 1 items
Discounted euler equation 1 items
Discounted phillips curve 1 items
Dispersed information 1 items
Distortionary financing 1 items
Divisia 1 items
Dollar rolls 1 items
Dollar, American 1 items
Downside risk 1 items
Dun & Bradstreet firm-level data 1 items
ECB 1 items
ECB policy 1 items
ELB 1 items
Early warning 1 items
Econometric modeling 1 items
Economic Research 1 items
Economic education 1 items
show more (495)
show less