Details about Nina Boyarchenko

Access statistics for papers by Nina Boyarchenko.

Last updated 2024-11-11. Update your information in the RePEc Author Service.

Short-id: pbo573

Working Papers

2024

1. Bank Capital and Real GDP Growth
   Working Paper, Federal Reserve Bank of Richmond
   Also in Staff Reports, Federal Reserve Bank of New York (2020) View citations (5)
2. Corporate Bond Market Distress
   Working Paper, Federal Reserve Bank of Richmond
   Also in Staff Reports, Federal Reserve Bank of New York (2021) View citations (2)
3. Corporate Debt Structure over the Global Credit Cycle
   Staff Reports, Federal Reserve Bank of New York
4. Financing Private Credit
   Staff Reports, Federal Reserve Bank of New York
5. The Changing Landscape of Corporate Credit
   Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
6. The Disparate Outcomes of Bank‑ and Nonbank‑Financed Private Credit Expansions
   Liberty Street Economics, Federal Reserve Bank of New York
7. The Global Credit Cycle
   Staff Reports, Federal Reserve Bank of New York View citations (1)
8. The Good, the Bad, and the Ugly of International Debt Market Data
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
9. The Nonlinear Case Against Leaning Against the Wind
   Staff Reports, Federal Reserve Bank of New York

2023

10. Corporate Credit Conditions Around the World: Novel Facts Through Holistic Data
    Staff Reports, Federal Reserve Bank of New York
11. Look Out for Outlook-at-Risk
    Liberty Street Economics, Federal Reserve Bank of New York
12. What Is “Outlook-at-Risk?”
    Liberty Street Economics, Federal Reserve Bank of New York
13. What’s New with Corporate Leverage?
    Liberty Street Economics, Federal Reserve Bank of New York

2022

14. 800,000 Years of Climate Risk
    Staff Reports, Federal Reserve Bank of New York
15. Financial Stability Considerations for Monetary Policy: Empirical Evidence and Challenges
    Staff Reports, Federal Reserve Bank of New York View citations (8)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2022) View citations (3)
16. Financial Stability Considerations for Monetary Policy: Theoretical Mechanisms
    Staff Reports, Federal Reserve Bank of New York View citations (4)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2022) View citations (4)
17. How Is the Corporate Bond Market Functioning as Interest Rates Increase?
    Liberty Street Economics, Federal Reserve Bank of New York
18. How Is the Corporate Bond Market Responding to Financial Market Volatility?
    Liberty Street Economics, Federal Reserve Bank of New York
19. What Is Corporate Bond Market Distress?
    Liberty Street Economics, Federal Reserve Bank of New York

2021

20. COVID Response: The Commercial Paper Funding Facility
    Staff Reports, Federal Reserve Bank of New York View citations (3)
21. COVID Response: The Primary and Secondary Corporate Credit Facilities
    Staff Reports, Federal Reserve Bank of New York View citations (1)
22. Measuring the Forest through the Trees: The Corporate Bond Market Distress Index
    Liberty Street Economics, Federal Reserve Bank of New York
23. The Overnight Drift in U.S. Equity Returns
    Liberty Street Economics, Federal Reserve Bank of New York

2020

24. Bank-Intermediated Arbitrage
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    Also in Staff Reports, Federal Reserve Bank of New York (2018) View citations (11)
    Liberty Street Economics, Federal Reserve Bank of New York (2018) View citations (12)
25. Forecasting Macroeconomic Risks
    Staff Reports, Federal Reserve Bank of New York View citations (1)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (2)
    See also Journal Article Forecasting macroeconomic risks, International Journal of Forecasting, Elsevier (2021) View citations (31) (2021)
26. How Has Post-Crisis Banking Regulation Affected Hedge Funds and Prime Brokers?
    Liberty Street Economics, Federal Reserve Bank of New York
27. It's What You Say and What You Buy: A Holistic Evaluation of the Corporate Credit Facilities
    CESifo Working Paper Series, CESifo View citations (27)
    Also in Staff Reports, Federal Reserve Bank of New York (2020) View citations (23)
    See also Journal Article It’s what you say and what you buy: A holistic evaluation of the corporate credit facilities, Journal of Financial Economics, Elsevier (2022) View citations (18) (2022)
28. It’s what you say and what you buy: A holistic evaluation of the Corporate Credit Facilities
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (27)
29. Multimodality in Macro-Financial Dynamics
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    Also in Staff Reports, Federal Reserve Bank of New York (2019) View citations (9)
    See also Journal Article MULTIMODALITY IN MACROFINANCIAL DYNAMICS, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2021) View citations (21) (2021)
30. The Commercial Paper Funding Facility
    Liberty Street Economics, Federal Reserve Bank of New York
    See also Journal Article The Commercial Paper Funding Facility, Economic Policy Review, Federal Reserve Bank of New York (2022) (2022)
31. The Evolving Market for U.S. Sovereign Credit Risk
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
32. The Impact of the Corporate Credit Facilities
    Liberty Street Economics, Federal Reserve Bank of New York
33. The Overnight Drift
    Staff Reports, Federal Reserve Bank of New York
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (1)
    See also Journal Article The Overnight Drift, The Review of Financial Studies, Society for Financial Studies (2023) (2023)
34. The Primary and Secondary Market Corporate Credit Facilities
    Liberty Street Economics, Federal Reserve Bank of New York View citations (4)
35. What Do Financial Conditions Tell Us about Risks to GDP Growth?
    Liberty Street Economics, Federal Reserve Bank of New York View citations (5)
36. What’s in A(AA) Credit Rating?
    Liberty Street Economics, Federal Reserve Bank of New York

2019

37. Corporate Credit Provision
    Staff Reports, Federal Reserve Bank of New York View citations (3)
38. Credit Market Choice
    2019 Meeting Papers, Society for Economic Dynamics
    Also in Liberty Street Economics, Federal Reserve Bank of New York (2018) View citations (5)
    Staff Reports, Federal Reserve Bank of New York (2018) View citations (4)
39. The Long and Short of It: The Post-Crisis Corporate CDS Market
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in Staff Reports, Federal Reserve Bank of New York (2019) View citations (4)
    See also Journal Article The Long and Short of It: The Post-Crisis Corporate CDS Market, Economic Policy Review, Federal Reserve Bank of New York (2020) View citations (5) (2020)

2018

40. Federal Reserve and Market Confidence
    2018 Meeting Papers, Society for Economic Dynamics View citations (1)
    Also in Staff Reports, Federal Reserve Bank of New York (2016) View citations (11)
41. Flighty liquidity
    Staff Reports, Federal Reserve Bank of New York
42. Liquidity Effects of Post-Crisis Regulatory Reform
    Liberty Street Economics, Federal Reserve Bank of New York
43. Taking Orders and Taking Notes: Dealer Information Sharing in Financial Markets
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations (1)
    Also in Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics (2016) View citations (6)
    Staff Reports, Federal Reserve Bank of New York (2015) View citations (5)
44. Vulnerable Growth
    Liberty Street Economics, Federal Reserve Bank of New York View citations (42)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (5)
    2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (10)
    Staff Reports, Federal Reserve Bank of New York (2016) View citations (44)
    See also Journal Article Vulnerable Growth, American Economic Review, American Economic Association (2019) View citations (136) (2019)

2017

45. Credit Market Arbitrage and Regulatory Leverage
    Liberty Street Economics, Federal Reserve Bank of New York
46. Dealer Balance Sheets and Bond Liquidity Provision
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (66)
    Also in Staff Reports, Federal Reserve Bank of New York (2016) View citations (39)
    See also Journal Article Dealer balance sheets and bond liquidity provision, Journal of Monetary Economics, Elsevier (2017) View citations (61) (2017)
47. Dealer Balance Sheets and Corporate Bond Liquidity Provision
    Liberty Street Economics, Federal Reserve Bank of New York View citations (28)
48. Liquidity Policies and Systemic Risk
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    Also in 2014 Meeting Papers, Society for Economic Dynamics (2014) View citations (1)
    Staff Reports, Federal Reserve Bank of New York (2014) View citations (6)
    Liberty Street Economics, Federal Reserve Bank of New York (2014)
    See also Journal Article Liquidity policies and systemic risk, Journal of Financial Intermediation, Elsevier (2018) View citations (27) (2018)
49. Taking Orders and Taking Notes: Dealer Information Sharing in Treasury Markets
    2017 Meeting Papers, Society for Economic Dynamics View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (8)
    NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (8)
50. Trends in Arbitrage-Based Measures of Bond Liquidity
    Liberty Street Economics, Federal Reserve Bank of New York

2016

51. Ambiguous Trade-offs: An Application to Climate Change
    2016 Meeting Papers, Society for Economic Dynamics
52. Term Structures of Asset Prices and Returns
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
    Also in Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics (2016) View citations (6)
    Staff Reports, Federal Reserve Bank of New York (2016) View citations (3)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (5)
    See also Journal Article Term structures of asset prices and returns, Journal of Financial Economics, Elsevier (2018) View citations (18) (2018)
53. Trends in credit market arbitrage
    Staff Reports, Federal Reserve Bank of New York View citations (3)

2015

54. Counterparty Risk in Material Supply Contracts
    Liberty Street Economics, Federal Reserve Bank of New York View citations (2)
    Also in 2015 Meeting Papers, Society for Economic Dynamics (2015) View citations (2)
    Staff Reports, Federal Reserve Bank of New York (2014)
55. Credit Risk and Interdealer Networks
    2015 Meeting Papers, Society for Economic Dynamics View citations (2)
56. Have Dealers' Strategies in the GCF Repo® Market Changed?
    Liberty Street Economics, Federal Reserve Bank of New York View citations (2)
57. Intermediaries as Information Aggregators
    2015 Meeting Papers, Society for Economic Dynamics View citations (4)
58. Intermediary Balance Sheets
    2015 Meeting Papers, Society for Economic Dynamics View citations (9)
    Also in Staff Reports, Federal Reserve Bank of New York (2013) View citations (12)
59. On the scale of financial intermediaries
    Staff Reports, Federal Reserve Bank of New York View citations (15)
60. The Effect of Fed Funds Rate Hikes on Consumer Borrowing Costs
    Liberty Street Economics, Federal Reserve Bank of New York

2014

61. No Good Deals—No Bad Models
    Liberty Street Economics, Federal Reserve Bank of New York
    Also in SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2013)
    Staff Reports, Federal Reserve Bank of New York (2012) View citations (1)
    Working Papers, Business School - Economics, University of Glasgow (2013)
62. Understanding mortgage spreads
    Staff Reports, Federal Reserve Bank of New York View citations (12)
    See also Journal Article Understanding Mortgage Spreads, The Review of Financial Studies, Society for Financial Studies (2019) View citations (23) (2019)

2013

63. Intermediary Leverage Cycles and Financial Stability
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
    Also in Staff Reports, Federal Reserve Bank of New York (2012) View citations (177)

2012

64. Information acquisition and financial intermediation
    Staff Reports, Federal Reserve Bank of New York

2009

65. Ambiguity, Information Quality and Credit Risk
    2009 Meeting Papers, Society for Economic Dynamics View citations (3)

Journal Articles

2023

1. The Overnight Drift
   The Review of Financial Studies, 2023, 36, (9), 3502-3547
   See also Working Paper The Overnight Drift, Staff Reports (2020) (2020)

2022

2. Comment on “central bank policy and the concentration of risk: Empirical estimates” by Nuno Coimbra, Daisoon Kim and Hélène Rey
   Journal of Monetary Economics, 2022, 125, (C), 199-201
3. It’s what you say and what you buy: A holistic evaluation of the corporate credit facilities
   Journal of Financial Economics, 2022, 144, (3), 695-731 View citations (18)
   See also Working Paper It's What You Say and What You Buy: A Holistic Evaluation of the Corporate Credit Facilities, CESifo Working Paper Series (2020) View citations (27) (2020)
4. The Commercial Paper Funding Facility
   Economic Policy Review, 2022, 28, (1)
   See also Working Paper The Commercial Paper Funding Facility, Liberty Street Economics (2020) (2020)
5. The Primary and Secondary Corporate Credit Facilities
   Economic Policy Review, 2022, 28, (1)

2021

6. Forecasting macroeconomic risks
   International Journal of Forecasting, 2021, 37, (3), 1173-1191 View citations (31)
   See also Working Paper Forecasting Macroeconomic Risks, Staff Reports (2020) View citations (1) (2020)
7. MULTIMODALITY IN MACROFINANCIAL DYNAMICS
   International Economic Review, 2021, 62, (2), 861-886 View citations (21)
   See also Working Paper Multimodality in Macro-Financial Dynamics, CEPR Discussion Papers (2020) View citations (6) (2020)
8. Taking Orders and Taking Notes: Dealer Information Sharing in Treasury Auctions
   Journal of Political Economy, 2021, 129, (2), 607 - 645 View citations (12)

2020

9. The Long and Short of It: The Post-Crisis Corporate CDS Market
   Economic Policy Review, 2020, 26, (3), 49 View citations (5)
   See also Working Paper The Long and Short of It: The Post-Crisis Corporate CDS Market, CEPR Discussion Papers (2019) View citations (4) (2019)

2019

10. Understanding Mortgage Spreads
    The Review of Financial Studies, 2019, 32, (10), 3799-3850 View citations (23)
    See also Working Paper Understanding mortgage spreads, Staff Reports (2014) View citations (12) (2014)
11. Vulnerable Growth
    American Economic Review, 2019, 109, (4), 1263-89 View citations (136)
    See also Working Paper Vulnerable Growth, Liberty Street Economics (2018) View citations (42) (2018)

2018

12. Liquidity policies and systemic risk
    Journal of Financial Intermediation, 2018, 35, (PB), 45-60 View citations (27)
    See also Working Paper Liquidity Policies and Systemic Risk, CEPR Discussion Papers (2017) View citations (3) (2017)
13. Negative swap spreads
    Economic Policy Review, 2018, (24-2), 1-14 View citations (9)
14. Term structures of asset prices and returns
    Journal of Financial Economics, 2018, 129, (1), 1-23 View citations (18)
    See also Working Paper Term Structures of Asset Prices and Returns, NBER Working Papers (2016) View citations (7) (2016)
15. Trends in credit basis spreads
    Economic Policy Review, 2018, (24-2), 15-37 View citations (3)

2017

16. Dealer balance sheets and bond liquidity provision
    Journal of Monetary Economics, 2017, 89, (C), 92-109 View citations (61)
    See also Working Paper Dealer Balance Sheets and Bond Liquidity Provision, CEPR Discussion Papers (2017) View citations (66) (2017)

2012

17. Ambiguity shifts and the 2007–2008 financial crisis
    Journal of Monetary Economics, 2012, 59, (5), 493-507 View citations (30)

2007

18. ON ERRORS AND BIAS OF FOURIER TRANSFORM METHODS IN QUADRATIC TERM STRUCTURE MODELS
    International Journal of Theoretical and Applied Finance (IJTAF), 2007, 10, (02), 273-306 View citations (3)
19. THE EIGENFUNCTION EXPANSION METHOD IN MULTI‐FACTOR QUADRATIC TERM STRUCTURE MODELS
    Mathematical Finance, 2007, 17, (4), 503-539 View citations (18)