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Research Working Papers
2003


Is Auditor Independence Endogenous: Evidence and Implications for Public Policy
(Abstract | Article  PDF 369K)

By Dino Falaschetti and Michael J. Orlando
RWP 03-13 (December 2003; Last Revised June 2004)


Dynamics of Labor Demand: Evidence from Plant-level Observations and Aggregate Implications
(Abstract | Article  PDF 370K)

By Russell Cooper, John Haltiwanger, and Jonathan L. Willis
RWP 03-12 (December 2003)


Disaggregate Evidence on the Persistence of Consumer Price Inflation
(Abstract | Article  PDF 495K)

By Todd E. Clark
RWP 03-11 (December 2003)


Inflation Targeting: What Inflation to Target?
(Abstract | Article  PDF 318K)

By Kevin X.D. Huang and Zheng Liu
RWP 03-10 (November 2003; Last Revised February 2004)


Permanent and Transitory Policy Shocks in an Empirical Macro Model with Asymmetric Information
(Abstract | Article  PDF 939K)

By Sharon Kozicki and P.A. Tinsley
RWP 03-09 (November 2003)


Portfolio Choice in Tax-Deferred and Roth-Type Savings Accounts
(Abstract | Article  PDF 567K)

By Richard Johnson
RWP 03-08 (September 2003)


Moving to Nice Weather
(Abstract | Article  PDF 1,191K)

By Jordan Rappaport
RWP 03-07 (September 2003; Last Revised January 2006)


The Predictive Content of the Output Gap for Inflation: Resolving In-Sample and Out-of-Sample Evidence
(Abstract | Article  PDF 537K)

By Todd E. Clark and Michael W. McCracken
RWP 03-06 (August 2003)


The Economics of Labor Adjustment: Mind the Gap
(Abstract | Article  PDF 365K)

By Russell Cooper and Jonathan L. Willis
RWP 03-05 (July 2003)


Currency Competition: A Partial Vindication of Hayek
Abstract | Article  PDF 587K)

By Antoine Martin and Stacey L. Schreft
RWP 03-04 (July 2003; Revised April 2005)


Optimality of the Friedman Rule in Overlapping Generations Model with Spatial Separation
(Abstract | Article  PDF 159K)

By Joseph H. Haslag and Antoine Martin
RWP 03-03 (June 2003)


The Social Value of Risk-free Government Debt
(Abstract | Article  PDF 919K)

By Stacey L. Schreft and Bruce D. Smith
RWP 03-02 (February 2003)


An Examination of Rating Agencies' Actions Around the Investment-Grade Boundary
(Abstract | Article  PDF 808K)

By Richard Johnson
RWP 03-01 (February 2003)


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