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From Federal Reserve Bank of Kansas City
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RWP 21-04: From Deviations to Shortfalls: The Effects of the FOMC’s New Employment Objective Downloads
Brent Bundick and Nicolas Petrosky-Nadeau
RWP 21-03: Government Loan Guarantees during a Crisis: The Effect of the PPP on Bank Lending and Profitability Downloads
W. Blake Marsh and Padma Sharma
RWP 21-02: The Size of U.S. Metropolitan Areas Downloads
McKenzie Humann and Jordan Rappaport
RWP 21-01: Local Projections, Autocorrelation, and Efficiency Downloads
Amaze Lusompa
RWP 20-23: The Financial Market Effects of Unwinding the Federal Reserve’s Balance Sheet Downloads
Andrew Smith and Victor (Vic) Valcarcel
RWP 20-22: Minimum Wage Increases and Vacancies Downloads
Marianna Kudlyak, Murat Tasci and Didem Tuzemen
RWP 20-21: Market Integration and Bank Risk-Taking Downloads
Kaniska Dam and Rajdeep Sengupta
RWP 20-20: Mining for Oil Forecasts Downloads
Nida Cakir Melek, Charles Calomiris and Harry Mamaysky
RWP 20-19: Flight to Liquidity or Safety? Recent Evidence from the Municipal Bond Market Downloads
Huixin Bi and W. Blake Marsh
RWP 20-18: Distributional Effects of Payment Card Pricing and Merchant Cost Pass-through in the United States and Canada Downloads
Marie-Helene Felt, Fumiko Hayashi, Joanna Stavins and Angelika Welte
RWP 20-17: Why Does Structural Change Accelerate in Recessions? The Credit Reallocation Channel Downloads
Cooper Howes
RWP 20-16: Money, Growth, and Welfare in a Schumpeterian Model with the Spirit of Capitalism Downloads
Qinchun He, Yulei Luo, Jun Nie and Heng-Fu Zou
RWP 20-15: Death of Coal and Breath of Life: The Effect of Power Plant Closure on Local Air Quality Downloads
Jason Brown and Colton Tousey
RWP 20-14: Deciphering Federal Reserve Communication via Text Analysis of Alternative FOMC Statements Downloads
Taeyoung Doh, Dongho Song and Shu-Kuei X. Yang
RWP 20-13: Household Financial Distress and the Burden of ‘Aggregate’ Shocks Downloads
Kartik Athreya, Ryan Mather, Jose Mustre-del-Rio and Juan Sanchez
RWP 20-12: Fiscal Implications of Interest Rate Normalization in the United States Downloads
Huixin Bi, Wenyi Shen and Shu-Chun Yang
RWP 20-11: Did the Federal Reserve Break the Phillips Curve? Theory and Evidence of Anchoring Inflation Expectations Downloads
Brent Bundick and Andrew Smith
RWP 20-10: Payments Crises and Consequences Downloads
Qian Chen, Christoffer Koch, Gary Richardson and Padma Sharma
RWP 20-09: Forecasting U.S. Economic Growth in Downturns Using Cross-Country Data Downloads
Jun Nie and Shu-Kuei X. Yang
RWP 20-08: Capital Flows in Risky Times: Risk-On / Risk-Off and Emerging Market Tail Risk Downloads
Anusha Chari, Karlye Dilts Stedman and Christian Lundblad
RWP 20-07: Unemployment Insurance during a Pandemic Downloads
Jun Nie and Zoe Xie
RWP 20-06: Public Pension Reforms and Fiscal Foresight: Narrative Evidence and Aggregate Implications Downloads
Huixin Bi and Sarah Zubairy
RWP 20-05: Housing Market Value Impairment from Future Sea-level Rise Inundation Downloads
Christopher J. Amante, Jacob Dice, David Rodziewicz and Eugene Wahl
RWP 20-04: The Unintended Consequences of Employer Credit Check Bans for Labor Markets Downloads
Kristle Cortes, Andrew Glover and Murat Tasci
RWP 20-03: Health versus Wealth: On the Distributional Effects of Controlling a Pandemic Downloads
Andrew Glover, Jonathan Heathcote, Dirk Krueger and José-Víctor Ríos-Rull
RWP 20-02: Examining the Relationships between Land Values and Credit Availability Downloads
Cortney Cowley and Ani Katchova
RWP 20-01: Should We Be Puzzled by Forward Guidance? Downloads
Brent Bundick and Andrew Smith
RWP 19-12: Assessing Macroeconomic Tail Risks in a Data-Rich Environment Downloads
Thomas Cook and Taeyoung Doh
RWP 19-11: Labor Market Institutions and the Effects of Financial Openness Downloads
Qingyuan Du, Jun Nie and Shang-Jin Wei
RWP 19-10: Risk-Shifting, Regulation, and Government Assistance Downloads
Padma Sharma
RWP 19-9: Unconventional Monetary Policy, (A)Synchronicity and the Yield Curve Downloads
Karlye Dilts Stedman
RWP 19-8: Urban Growth Shadows Downloads
David Cuberes, Klaus Desmet and Jordan Rappaport
RWP 19-7: Negative Nominal Interest Rates Can Worsen Liquidity Traps Downloads
Andy Glover
RWP 19-6: Consumption in the Great Recession: The Financial Distress Channel Downloads
Kartik Athreya, Ryan Mather, Jose Mustre-del-Rio and Juan Sanchez
RWP 19-5: Privacy Regulation and Quality Investment Downloads
Yassine Lefouili and Ying Lei Toh
RWP 19-4: Sovereign Risk and Fiscal Information: A Look at the U.S. State Default of the 1840s Downloads
Huixin Bi and Nora Traum
RWP 19-3: Disappearing Routine Occupations and Declining Prime-Age Labor Force Participation Downloads
Didem Tuzemen
RWP 19-2: Rising Market Concentration and the Decline of Food Price Shock Pass-Through to Core Inflation Downloads
Jason Brown and Tousey Colton
RWP 19-1: Speaking for Herself: Changing Gender Roles in Survey Response Downloads
Sabrina Minhas and Amy Oksol
RWP 18-14: Forecasting Foreign Economic Growth Using Cross-Country Data Downloads
Craig Hakkio and Jun Nie
RWP 18-13: Reconciling VAR-based Forecasts with Survey Forecasts Downloads
Taeyoung Doh and Andrew Smith
RWP 18-12: Growth and Welfare Gains from Financial Integration Under Model Uncertainty Downloads
Yulei Luo, Jun Nie and Eric Young
RWP 18-11: The Optimal Monetary Instrument and the (Mis)Use of Causality Tests Downloads
John Keating and Andrew Smith
RWP 18-10: The Initial Effects of EMV Migration on Chargebacks in the United States Downloads
Fumiko Hayashi, Zach Markiewicz and Sabrina Minhas
RWP 18-9: The U.S. Syndicated Loan Market: Matching Data Downloads
Gregory J. Cohen, Melanie Friedrichs, Kamran Gupta, William Hayes, Seung Jung Lee, W. Blake Marsh, Nathan Mislang, Maya Shaton and Martin Sicilian
RWP 18-8: The Cyclical Behavior of Labor Force Participation Downloads
Didem Tuzemen and Willem Van Zandweghe
RWP 18-7: Effects of State Taxation on Investment: Evidence from the Oil Industry Downloads
Jason Brown, Peter Maniloff and Dale Manning
RWP 18-6: Reaching the Hard to Reach with Intermediaries: The Kansas City Fed’s LMI Survey Downloads
Kelly Edmiston
RWP 18-5: Uncertainty Shocks in a Model of Effective Demand: Reply Downloads
Susanto Basu and Brent Bundick
RWP 18-4: The Effect of the Conservation Reserve Program on Rural Economies: Deriving a Statistical Verdict from a Null Finding Downloads
Jason Brown, Dayton Lambert and Timothy Wojan
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