Search Results
Showing results 1 to 10 of approximately 63.
(refine search)
Working Paper
Market run-ups, market freezes, inventories, and leverage
Leitner, Yaron; Bond, Philip
(2012)
This paper is superseded by Working Paper No. 13-14.> We study trade between a buyer and a seller who have existing inventories of assets similar to those being traded. We analyze how these inventories affect trade, information dissemination, and prices. We show that when traders? initial leverages are moderate, inventories increase price and trade volume (a market ?run-up?), but when leverages are high, trade is impossible (a market ?freeze?). Our analysis predicts a pattern of trade in which prices and volumes first increase, and then markets break down. Moreover, the presence of competing ...
Working Papers
, Paper 12-8
Journal Article
Opinion : In defense of failure
Slivinski, Stephen
(2008-01)
Econ Focus
, Volume 12
, Issue Win
, Pages 48
Journal Article
This little piggy restricted market access
Mahon, Joe
(2005-09)
Fedgazette
, Volume 17
, Issue Sep
, Pages 13
Working Paper
Competition in large markets
Campbell, Jeffrey R.
(2005)
This paper develops a simple and robust implication of free entry followed by competition without substantial strategic interactions: Increasing the number of consumers leaves the distributions of producers' prices and other choices unchanged. In many models featuring non-trivial strategic considerations, producers' prices fall as their numbers increase. Hence, examining the relationship between market size and producers' actions provides a nonparametric tool for empirically discriminating between these distinct approaches to competition. To illustrate its application, I examine observations ...
Working Paper Series
, Paper WP-05-16
Journal Article
Beyond the border: Latin American market reforms put to the test
Kiser, Sherry L.; Zarazaga, Carlos E.
(2002-07)
Southwest Economy
, Issue Jul
, Pages 9 -10
Journal Article
Conference explores relationship of markets, institutions
anonymous
(2006-04-02)
Roger Ferguson, then vice chairman of the Federal Reserve Board of Governors, spoke at an Atlanta Fed conference that explored the dynamics of the financial marketplace. Ferguson discussed reasons behind decades of relative U.S. economic stability.>
Financial Update
, Volume 19
, Issue Q 2
Working Paper
Explaining asset pricing puzzles associated with the 1987 market crash
Benzoni, Luca; Goldstein, Robert S.; Collin-Dufresne, Pierre
(2010)
The 1987 market crash was associated with a dramatic and permanent steepening of the implied volatility curve for equity index options, despite minimal changes in aggregate consumption. We explain these events within a general equilibrium framework in which expected endowment growth and economic uncertainty are subject to rare jumps. The arrival of a jump triggers the updating of agents' beliefs about the likelihood of future jumps, which produces a market crash and a permanent shift in option prices. Consumption and dividends remain smooth, and the model is consistent with salient features ...
Working Paper Series
, Paper WP-2010-10
Conference Paper
Panel remarks: global aspects of unconventional monetary policies
Bean, Charles R.
(2013)
Proceedings - Economic Policy Symposium - Jackson Hole
Speech
Synching, not sinking, the markets
Poole, William
(1999)
Presentation at the Meeting of the Philadelphia Council for Business Economics, Federal Reserve Bank of Philadelphia, Philadelphia - Aug. 6, 1999 ; [See William Poole and Robert H. Rasche, "Perfecting the Market's Knowledge of Monetary Policy," Federal Reserve Bank of St. Louis Working Paper 2000-010A]
Speech
, Paper 77
Report
Household heterogeneity and real exchange rates
Kocherlakota, Narayana R.; Pistaferri, Luigi
(2006)
Typical incomplete markets models in international economics make two assumptions. First, households are not able to fully insure themselves against country-specific shocks. Second, there is a representative household within each country, so that households are fully insured against idiosyncratic shocks. We assume instead that cross-household risk-sharing is limited within countries, but cross-country risk-sharing is complete. We consider two types of limited risk-sharing: domestically incomplete markets (DI) and private information-Pareto optimal (PIPO) risk-sharing. We show that the models ...
Staff Report
, Paper 372
FILTER BY year
FILTER BY Bank
Federal Reserve Bank of Richmond 12 items
Federal Reserve Bank of Chicago 11 items
Federal Reserve Bank of Philadelphia 9 items
Board of Governors of the Federal Reserve System (U.S.) 5 items
Federal Reserve Bank of Atlanta 5 items
Federal Reserve Bank of Dallas 4 items
Federal Reserve Bank of Kansas City 4 items
Federal Reserve Bank of St. Louis 4 items
Federal Reserve Bank of Cleveland 3 items
Federal Reserve Bank of Minneapolis 3 items
Federal Reserve Bank of San Francisco 2 items
Federal Reserve Bank of New York 1 items
show more (7)
show less
FILTER BY Series
Econ Focus 10 items
Proceedings 7 items
Working Papers 6 items
FRB Atlanta Working Paper 4 items
Finance and Economics Discussion Series 3 items
Speech 3 items
Working Paper Series 3 items
Business Review 2 items
Globalization Institute Working Papers 2 items
Proceedings - Economic Policy Symposium - Jackson Hole 2 items
Working Papers (Old Series) 2 items
Annual Report 1 items
Community Development Innovation Review 1 items
Economic Commentary 1 items
Economic Perspectives 1 items
FRBSF Economic Letter 1 items
Fedgazette 1 items
Financial Update 1 items
International Finance Discussion Papers 1 items
Monograph 1 items
Payments System Research Working Paper 1 items
Profitwise 1 items
Research Rap Special Report 1 items
Review 1 items
Southwest Economy 1 items
Staff Report 1 items
Staff Reports 1 items
TEN 1 items
The Region 1 items
Working Paper 1 items
show more (25)
show less
FILTER BY Content Type
Journal Article 24 items
Working Paper 23 items
Conference Paper 9 items
Report 3 items
Speech 3 items
Monograph 1 items
show more (1)
show less
FILTER BY Author
Bond, Philip 4 items
Campbell, Jeffrey R. 3 items
Leitner, Yaron 3 items
Poole, William 3 items
Ackert, Lucy F. 2 items
Athreya, Kartik B. 2 items
Church, Bryan K. 2 items
Dotsey, Michael 2 items
Dunne, Timothy 2 items
Klimek, Shawn D. 2 items
Roberts, Mark J. 2 items
Slivinski, Stephen 2 items
Abbring, Jaap H. 1 items
Abuyuan, Alethea 1 items
Adams, Robert M. 1 items
Baumann, Ursel 1 items
Bean, Charles R. 1 items
Benzoni, Luca 1 items
Berlin, Mitchell 1 items
Brooks, Robin 1 items
Checki, Terrence J. 1 items
Chernenko, Sergey V. 1 items
Collin-Dufresne, Pierre 1 items
Del Negro, Marco 1 items
Duarte, Margarida 1 items
Erce, Aitor 1 items
Flood, Mark D. 1 items
Francis, Bill 1 items
Furfine, Craig H. 1 items
Gallagher, Mari 1 items
Gerena, Charles 1 items
Goldstein, Itay 1 items
Goldstein, Robert S. 1 items
Gopalan, Radhakrishnan 1 items
Greenspan, Alan 1 items
Guerron-Quintana, Pablo 1 items
Haltom, Renee Courtois 1 items
Hasan, Iftekhar 1 items
Helwege, Jean 1 items
Holmes, Thomas J. 1 items
Hopenhayn, Hugo A. 1 items
Hunter, Delroy 1 items
Iannotta, Giuliano 1 items
Jayaraman, Narayanan 1 items
Jordan, Jerry L. 1 items
Khan, Aubhik 1 items
Kiser, Sherry L. 1 items
Kocherlakota, Narayana R. 1 items
Kroszner, Randall S. 1 items
Lacker, Jeffrey M. 1 items
LeRoy, Stephen F. 1 items
Lee, Dwight R. 1 items
Lester, Benjamin 1 items
Liang, J. Nellie 1 items
Mahon, Joe 1 items
Nanda, Vikram 1 items
Nash, Betty Joyce 1 items
Nier, Erlend 1 items
Pistaferri, Luigi 1 items
Prescott, Edward Simpson 1 items
Ravn, Morten O. 1 items
Roller, Lars-Hendrik 1 items
Romero, Jessica Sackett 1 items
Sarkar, Asani 1 items
Schmitt-Grohe, Stephanie 1 items
Schwartz, Robert A. 1 items
Sickles, Robin C. 1 items
Stark, Tom 1 items
Steelman, Aaron 1 items
Steeves, Brye 1 items
Stern, Gary H. 1 items
Stevens, John J. 1 items
Sumo, Vanessa 1 items
Uribe, Martin 1 items
Van Den Berg, David 1 items
Visschers, Ludo 1 items
Wang, Zhu 1 items
Wolthoff, Ronald 1 items
Xu, Daniel Yi 1 items
Xu, Yi 1 items
Yago, Glenn 1 items
Yerramilli, Vijay 1 items
Yu, Zhi 1 items
Zarazaga, Carlos E. 1 items
Zeidman, Betsy 1 items
Zhang, Ping 1 items
anonymous 1 items
show more (82)
show less
FILTER BY Keywords
Markets 63 items
Competition 5 items
Monetary policy 5 items
Risk 5 items
Banks and banking 4 items
Financial markets 4 items
Trade 4 items
Economics 3 items
Inventories 3 items
Prices 3 items
Financial crises - United States 2 items
Mortgages 2 items
Regulatory reform 2 items
Service industries 2 items
Accounting 1 items
Asset pricing 1 items
Auctions 1 items
Bank supervision 1 items
Business cycles 1 items
Business enterprises 1 items
Capital market 1 items
Community banks 1 items
Computers 1 items
Consumer behavior 1 items
Consumers 1 items
Costs (Law) 1 items
Credit 1 items
Credit cards 1 items
Debt 1 items
Debts, External 1 items
Economic growth 1 items
Economic policy 1 items
Economies of scale 1 items
Emerging markets 1 items
Federal Reserve District, 10th 1 items
Federal Reserve District, 9th 1 items
Federal Reserve System 1 items
Federal funds market (United States) 1 items
Financial engineering 1 items
Financial institutions 1 items
Financial services industry 1 items
Financial stability 1 items
Forecasting 1 items
Foreign exchange rates 1 items
GDP 1 items
Gross domestic product 1 items
Hedge funds 1 items
Industrial organization 1 items
Industrial organization (Economic theory) 1 items
Industries 1 items
Interest rate futures 1 items
Investments 1 items
Liquidity (Economics) 1 items
Loans 1 items
Meat industry and trade 1 items
Metropolitan areas - Statistics 1 items
Monetary policy - United States 1 items
Money 1 items
Monopolies 1 items
National income 1 items
Over-the-counter markets 1 items
Price levels 1 items
Public goods 1 items
Restaurant management 1 items
Retail trade 1 items
Risk management 1 items
Securities 1 items
Stock exchanges 1 items
Volcker 1 items
Wealth 1 items
economic conditions - United States 1 items
show more (66)
show less