Research Working Paper Archive

Research staff produce Research Working Papers on a wide range of economic topics.

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448 result(s) found
Article Title Author(s) Date Type

Uninsurable Income Risk and the Welfare Effects of Reducing Global Imbalances

Encouraging savings in debtor economies can help balance their current accounts while raising wages globally.

Ayşe Dur
Andrew Glover
Jacek Rothert Expandable Row
February 14, 2024
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Stefan A. Jacewitz
Jonathan Pogach
Haluk Unal
Chengjun Wu Expandable Row
February 5, 2024
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Shocks, Frictions, and Policy Regimes: Understanding Inflation after the COVID-19 Pandemic

Fiscal and monetary policies likely contributed to the persistent rise in inflation during the post-pandemic period.

Taeyoung Doh
Choongryul Yang Expandable Row
December 22, 2023
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Nida Çakır Melek
Musa Orak Expandable Row
December 1, 2023
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How Optimal Was U.S. Monetary Policy at the Zero Lower Bound?

Forward guidance and large-scale asset purchases effectively offset disinflationary effects from the zero lower bound.

Brent Bundick
Logan Hotz
A. Lee Smith Expandable Row
December 1, 2023
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Financing Modes and Lender Monitoring

Can banks and shadow banks coexist in the absence of financial regulation and regulatory arbitrage?

Arturo Antón
Kaniska Dam
Rajdeep Sengupta Expandable Row
November 7, 2023
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Evaluating Local Language Models: An Application to Bank Earnings Calls

We find local large language models useful in analyzing bank earnings calls after the banking stress of early 2023.

Thomas R. Cook
Sophia Kazinnik
Anne Lundgaard Hansen
Peter McAdam Expandable Row
November 6, 2023
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An Experimental Analysis of Quality Misperception in Food Labels

Consumers’ misperception of labels alters sellers’ strategic responses and can increase quality and total welfare in food markets.

Francisco Scott Expandable Row
October 19, 2023
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Economic Benefits and Social Costs of Legalizing Recreational Marijuana

Economic benefits of legal recreational marijuana are broadly distributed, while costs are more concentrated among individuals.

Jason P. Brown
Elior Cohen
Alison Felix Expandable Row
September 29, 2023
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Threshold Endogeneity in Threshold VARs: An Application to Monetary State Dependence

A new method refines the threshold vector autoregressive model used to study the effects of monetary policy.

Dimitris Christopoulos
Peter McAdam
Elias Tzavalis Expandable Row
July 28, 2023
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