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101. Exchange Rate Pass-through to U.S. Import Prices: Some New Evidence

102. A Variance Screen for Collusion

103. Optimal Inflation Persistence: Ramsey Taxation with Capital and Habits

104. Investment-Specific and Multifactor Productivity in Multi-Sector Open Economies: Data and Analysis

105. Financial Market Developments and Economic Activity during Current Account Adjustments in Industrial Economies

106. International Risk-Sharing and the Transmission of Productivity Shocks

107. An Assessment of the Impact of Japanese Foreign Exchange Intervention: 1991-2004

108. Going the Distance: The U.S. Tsunami Relief Effort

109. Expansionary Fiscal Shocks and the Trade Deficit

110. International Diversification at Home and Abroad

111. The High-Frequency Effects of U.S. Macroeconomic Data Releases on Prices and Trading Activity in the Global Interdealer Foreign Exchange Market

112. Growth-Led Exports: Is Variety the Spice of Trade?

113. Can Long-Run Restrictions Identify Technology Shocks?

114. Global Financial Integration: A Collection of New Research

115. The Value of Financial Intermediaries: Empirical Evidence from Syndicated Loans to Emerging Market Borrowers

116. What Makes Investors Over or Underweight? Explaining International Appetites for Foreign Equities

117. Battling International Bribery 2004

118. Review of Implementation of the Convention and 1997 Recommendation

119. Base Structure Report Fiscal Year 2004

120. The Performance of International Portfolios

121. Corporate Governance and the Shareholder Base

122. Look at Me Now: The Role of Cross-Listing in Attracting U.S. Investors

123. PPP Rules, Macroeconomic (In)stability and Learning

124. Is The Corporate Loan Market Globally Integrated? A Pricing Puzzle

125. Does Monetary Policy Keep Up with the Joneses? Optimal Interest-Rate Smoothing with Consumption Externalities

126. The ET Interview: Professor David F. Hendry

127. Good News Is No News? The Impact of Credit Rating Changes on the Pricing of Asset-Backed Securities

128. The Information Content of Forward and Futures Prices: Market Expectations and the Price of Risk

129. Is Inflation Targeting Best-Practice Monetary Policy?

130. Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach

131. Understanding the Effects of Government Spending on Consumption

132. The Decline of Activist Stabilization Policy: Natural Rate Misperceptions, Learning, and Expectations

133. Benefits and Spillovers of Greater Competition in Europe: A Macroeconomic Assessment

134. Monetary Discretion, Pricing Complementarity and Dynamic Multiple Equilibria

135. The Optimal Degree of Discretion in Monetary Policy

136. Equal Size, Equal Role? Interest Rate Interdependence Between the Euro Area and the United States

137. The Great Inflation of the 1970s

138. Ramsey Monetary Policy and International Relative Prices

139. Indeterminacy with Inflation-Forecast-Based Rules in a Two-Bloc Model

140. Sand in the Wheels of the Labor Market: The Effect of Firing Costs on Employment

141. Price-level Determinacy, Lower Bounds on the Nominal Interest Rate, and Liquidity Traps

142. Foreign Participation in Local-Currency Bond Markets

143. Is China "Exporting Deflation"?

144. Cash Flows and Discount Rates, Industry and Country Effects, and Co-Movement in Stock Returns

145. The Response of Hours to a Technology Shock: Evidence Based on Direct Measures of Technology

146. China and Emerging Asia: Comrades or Competitors?

147. How Does the Border Affect Productivity? Evidence from American and Canadian Manufacturing Industries

148. Breaks in the Variability and Co-Movement of G-7 Economic Growth

149. Interest Rate Rules and Multiple Equilibria in the Small Open Economy

150. Productivity Growth and the Phillips Curve in Canada