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Finance and Economics Discussion Series
from Board of Governors of the Federal Reserve System (U.S.) Contact information at EDIRC . Series data maintained by Diane Rosenberger ().
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1997-15: A jump-diffusion approach to modeling credit risk and valuing defaultable securities
Chunsheng Zhou
1997-14: The pre-commitment approach: using incentives to set market risk capital requirements
Paul H. Kupiec and James M. O'Brien
1997-13: Credit derivatives in banking: useful tools for managing risk?
Gregory R. Duffee and Chunsheng Zhou
1997-12: Measuring the social return to R&D
Charles I. Jones and John C. Williams
1997-11: Efficiency of financial institutions: international survey and directions for future research
Allen N. Berger and David B. Humphrey
1997-10: Inside the black box: what explains differences in the efficiencies of financial institutions?
Allen N. Berger and Loretta J. Mester
1997-9: The effects of megamergers on efficiency and prices: evidence from a bank profit function
Jalal Akhavein , Allen N. Berger and David B. Humphrey
1997-8: Problem loans and cost efficiency in commercial banks
Allen N. Berger and Robert DeYoung
1997-7: The Community Reinvestment Act and the profitability of mortgage-oriented banks
Glenn Canner and Wayne Passmore
1997-6: Earnings forecasts and the predictability of stock returns: evidence from trading the S&P
Joel Lander , Athanasios Orphanides and Martha Douvogiannis
1997-5: Computationally convenient distributional assumptions for common value auctions
Michael Gordy
1997-4: Information sharing and competition in the motor vehicle industry
Maura P. Doyle and Christopher M. Snyder
1997-3: Estimating dynamic panel data models: a practical guide for macroeconomists
Ruth A. Judson and Ann L. Owen
1997-2: The role of race in mortgage lending: revisiting the Boston Fed study
Raphael W. Bostic
1997-1: Movements of wages over the business cycle: an intra-firm view
Beth Anne Wilson
1996-50: Smart systems and simple agents: industry pricing by parallel rules
Raymond Board and Peter Tinsley
1996-49: Off-farm labor supply and fertilizer use
Russell L. Lamb
1996-48: The endogeneity of employment adjustment costs: the tradeoff between efficiency and flexibility
Charles Fleischman
96-47: Moving endpoints and the internal consistency of agents' ex ante forecasts
Sharon Kozicki and Peter Tinsley
96-46: Evidence on the link between firm-level and aggregate inventory behavior
Scott Schuh
96-45: Recent developments in bootstrapping time series
Jeremy Berkowitz and Lutz Kilian
96-44: The effects of deficit-reduction laws on real interest rates
Douglas Elmendorf
96-43: Investment and union certification
Bruce Fallick and Kevin Allen Hassett
96-42: A guide to FRB/US: a macroeconomic model of the United States
F. Brayton and Peter Tinsley
96-41: "Forecasting the forecasts of others." Expectational heterogeneity and aggregate dynamics
Antulio N. Bomfim
96-40: Motor vehicle stocks, scrappage, and sales
Alan Greenspan and Darrel Cohen
96-39: Long-horizon exchange rate predictability?
Jeremy Berkowitz and Lorenzo Giorgianni
96-38: What's good for GM...? Using auto industry stock returns to forecast business cycles and test the Q-theory of investment
Gregory R. Duffee and Steven D. Prowse
96-37: Generalized spectral estimation
Jeremy Berkowitz
96-36: Debt maturity and the use of interest rate derivatives by non-financial firms
George W. Fenn , Mitch Post and Steven Sharpe
96-35: Vehicle ownership, vehicle acquisitions and the growth of auto leasing: evidence from consumer surveys
Ana Aizcorbe and Martha Starr
96-34: Initial public offerings in hot and cold markets
Jean Helwege and Nellie Liang
96-33: The lead of output over inflation in sticky price models
Michael Kiley
96-32: Taxation of labor income and the demand for risky assets
Douglas Elmendorf and Miles Spencer Kimball
96-31: Tax exhaustion, firm investment, and leasing; a test of the Q model of investment
Michael P. O'Malley
96-30: Is "learning-by-exporting" important? Micro-dynamic evidence from Colombia, Mexico and Morocco
Sofronis Clerides , Saul Lach and James Tybout
96-29: Estimating the price of default risk
Gregory R. Duffee
96-28: Minimum wage effects on employment and school enrollment: reply to Evans and Turner
David Neumark and William L. Wascher
96-27: The effect of interest-rate changes on household saving and consumption: a survey
Douglas Elmendorf
96-26: A comparison of the household sector from the Flow of Funds Accounts and the Survey of Consumer Finances
Rochelle L. Antoniewicz
96-25: Does corporate lending by banks and finance companies differ? Evidence on specialization in private debt contracting
Mark Carey , Mitch Post and Steven Sharpe
96-24: The opportunistic approach to disinflation
Athanasios Orphanides and David W. Wilcox
96-23: Endogenous price stickiness and business cycle persistence
Michael Kiley
96-22: Changes in REIT liquidity 1990-94: evidence from intra-day transactions
Vijay Bhasin , Rebel A. Cole and Joseph K. Kiely
96-21: Compensation incentives and risk taking behavior: evidence from mutual funds
Athanasios Orphanides
96-20: Treasury yields and corporate bond yield spreads: an empirical analysis
Gregory R. Duffee
96-19: Inflation, volatility and growth
Ruth Judson and Athanasios Orphanides
96-18: Household saving and portfolio change: evidence from the 1983-89 SCF panel
Arthur B. Kennickell and Martha Starr
96-17: Around and around: the expectations hypothesis
Mark Fisher and Christian Gilles
96-16: Inflation and financial sector size
William B. English