Research Working Papers

2007 Research Working Papers

Target's Corporate Governance and Bank Merger Payoff
(PDF 501K | Abstract)
By Elijah Brewer III, William E. Jackson III, and Julapa A. Jagtiani
RWP 07-13 (December 2007)

Phillips Curves, Monetary Policy, and a Labor Market Transmission Mechanism
(PDF 618K | Abstract)
By Robert R. Reed and Stacey L. Schreft
RWP 07-12 (December 2007)

The Taylor Rule and the Transformation of Monetary Policy
(PDF 383K | Abstract)
By Pier Francesco Asso, George A. Kahn, Robert Leeson
RWP 07-11 (December 2007)

What Does the Yield Curve Tell Us About the Federal Reserve's Implicit Inflation Target?
(PDF 596K | Abstract)
By Taeyoung Doh
RWP 07-10 (December 2007)

Adaptive Learning in Regime-Switching Models
(PDF 295K | Abstract)
By William A. Branch, Troy Davig, and Bruce McGough
RWP 07-09 (November 2007; Revised June 2008)

Risk-Adjusted Futures and Intermeeting Moves
(PDF 480K | Abstract)
By Brent Bundick
RWP 07-08 (October 2007; Revised June 2008)

The Potential Role of Subordinated Debt Programs In Enhancing Market Discipline in Banking
(PDF 358K | Abstract)
By Douglas D. Evanoff, Julapa A. Jagtiani, and Taisuke Nakata
RWP 07-07 (September 2007)

Tests of Equal Predictive Ability with Real-Time Data
(PDF 993K | Abstract)
By Todd E. Clark and Michael W. McCracken
RWP 07-06 (July 2007)

How Much Would Banks Be Willing to Pay to Become "Too-Big-to-Fail" and to Capture Other Benefits?
(PDF 486K | Abstract)
By Elijah Brewer III and Julapa Jagtiani
RWP 07-05 (July 2007)

Phillips Curve Instability and Optimal Monetary Policy
(PDF 279K | Abstract)
By Troy Davig
RWP 07-04 (July 2007; Revised June 2008)

Optimal Inflation for the U.S. Economy
(PDF 614K | Abstract)
By Roberto M. Billi
RWP 07-03 (April 2007; Revised June 2008)

The Increasing Importance of Quality of Life
(PDF 538K | Abstract)
By Jordan Rappaport
RWP 07-02 (March 2007; Revised October 2008)

Monetary Conservatism and Fiscal Policy
(PDF 670K | Abstract)
By Klaus Adam and Roberto M. Billi
RWP 07-01 (February 2007; Revised July 2008)