Search Results
Monograph
Applying Research to Policy Issues in Distressed Housing Markets: Data-Driven Decision Making
A compilation of research published by the Federal Reserve Bank of Cleveland on housing markets experiencing foreclosure and/or a large number of vacant properties which sheds light on a wide range of housing markets. It provides possible policy solutions applicable to both regional and national policy discussions.
Speech
Opening remarks: a speech at the Federal Reserve Community Affairs Research Conference Financing Community Development, Washington, D.C., March 30, 2007
Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia, presented at the Federal Reserve Community Affairs Research Conference, Financing Community Development, Washington, D.C., March 30, 2007
Journal Article
Replicability, real-time data, and the science of economic research: FRED, ALFRED, and VDC
This article discusses the linkages between two recent themes in economic research: "real time" data and replication. These two themes share many of the same ideas, specifically, that scientific research itself has a time dimension. In research using real-time data, this time dimension is the date on which particular observations, or pieces of data, became available. In work with replication, it is the date on which a study (and its results) became available to other researchers and/or was published. Recognition of both dimensions of scientific research is important. A project at the ...
Working Paper
Research and development with asymmetric firm sizes
Discussion Paper
How the Fed Managed the Treasury Yield Curve in the 1940s
The coronavirus pandemic has prompted the Federal Reserve to pledge to purchase Treasury securities and agency mortgage-backed securities in the amount needed to support the smooth market functioning and effective transmission of monetary policy to the economy. But some market participants have questioned whether something more might not be required, including possibly some form of direct yield curve control. In the first half of the 1940s the Federal Open Market Committee (FOMC) sought to manage the level and shape of the Treasury yield curve. In this post, we examine what can be learned ...
Discussion Paper
Interest-Bearing Securities When Interest Rates are Below Zero
Negative interest rates have evolved, over the past few years, from a topic of modest academic interest to a practical reality. Short- and intermediate-term sovereign debt of several European countries, including Germany, Denmark, the Netherlands, Sweden, Austria, and Switzerland, now trades at negative yields.
Journal Article
Monetary economic research at the St. Louis Fed during Ted Balbach's tenure as research director
Ted Balbach served as research director at the Federal Reserve Bank of St. Louis from 1975 to 1992. This paper lauds his contributions during that time, including the expanded influence of the Review, enhanced databases and data publications, and a visiting scholar program that attracted leading economists from around the world. Balbach is remembered fondly as a visionary leader and gracious mentor.
Conference Paper
The influence of university research on industrial innovation
Gerald Marschke examined university and industrial patents and found evidence of two trends that suggest a growing link between university research and industrial innovation. First, the flow of university researchers to private sector firms is growing. Second, industrial innovators are using more university-created knowledge in their products.
Working Paper
Industrial R&D - an analysis of the Chicago area