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Bank:Federal Reserve Bank of Atlanta 

Journal Article
Louisiana continues march toward recovery

EconSouth , Volume 8 , Issue Q 4

Journal Article
Fed seeks to mitigate foreclosures, says Fed Governor Kroszner

Federal Reserve Governor Randall S. Kroszner recently spoke about the importance of promptly addressing problems in the residential mortgage market to protect homeowners, communities, and general economic health.
Financial Update , Volume 21 , Issue 1

Journal Article
Risk-based standards for capital requirements

Financial Update , Volume 11 , Issue Jul , Pages 8-9

Working Paper
The impact of medical and nursing home expenses and social insurance

We consider a life-cycle model with idiosyncratic risk in earnings, out-of-pocket medical and nursing home expenses, and survival. Partial insurance is available through welfare, Medicaid, and social security. Calibrating the model to the United States, we show that (1) savings for old-age, out-of-pocket expenses account for 13.5 percent of aggregate wealth, half of which is due to nursing home expenses; (2) cross-sectional out-of-pocket nursing home risk accounts for 3 percent of aggregate wealth and substantially slows down wealth decumulation at older ages; (3) the impact of medical and ...
FRB Atlanta Working Paper , Paper 2010-19

Journal Article
Atlanta Fed president: real estate recovery critical

Commercial real estate is critical to the nation?s financial sector, and recovery of the financial sector is necessary for economic recovery, Atlanta Fed President Dennis Lockhart said during a recent speech.
Financial Update , Volume 22 , Issue 1

Working Paper
Price distributions and competition

Considerable evidence demonstrates that significant dispersion exists in the prices charged for seemingly homogeneous goods. This paper adopts a simple, flexible equilibrium model of search to investigate the way the market structure influences price dispersion. Using the noisy search approach, the paper demonstrates the effects of having a single large, price-leading firm with multiple outlets and a competitive fringe of small firms with one retail outlet each.
FRB Atlanta Working Paper , Paper 2009-27

Discussion Paper
Introducing the Unemployment Claims Monitor

The COVID-19 pandemic has caused an unparalleled economic slowdown and record numbers of layoffs. Even casual economic observers have seen reports of millions of workers filing claims for unemployment insurance—between the weeks of March 21, 2020 and April 25, 2020, 19 percent of workers covered by unemployment insurance filed an initial claim—but what exactly does this mean for unemployment?1 It is important to understand exactly what an unemployment insurance (UI) claim represents and how it provides information on what is happening in the economy.
Workforce Currents , Paper 2020-04

Journal Article
Atlanta Fed conference examines reforms

Academics, policymakers, and market practitioners gathered in mid-May to discuss the status and future of financial market reforms, such as the Sarbanes-Oxley Act, at the Atlanta Fed's annual Financial Markets Conference at Sea Island, Ga.
Financial Update , Volume 21 , Issue 2

Working Paper
Emerging market liberalization and the impact on uncovered interest rate parity

In this paper we make use of the uncovered interest rate parity (UIRP) relationship to examine the extent that the liberalization of emerging financial markets has resulted in the integration of developing countries? currency markets into the international capital market. Previous tests of the impact of liberalization on the integration of emerging markets capital markets into world financial markets are confined to equity markets, ignoring currency markets that arguably are more important in determining the success of financial liberalization. We find that, in general, deviation from UIRP in ...
FRB Atlanta Working Paper , Paper 2002-16

Working Paper
Generalized put-call parity

FRB Atlanta Working Paper , Paper 91-9

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