Staff Reports

From Federal Reserve Bank of New York
Contact information at EDIRC.
Bibliographic data for series maintained by Gabriella Bucciarelli ().

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

76: The term structure of announcement effects

Michael Fleming and Eli Remolona

75: Sunk costs, contestability, and the latent contract market

Christodoulos Stefanadis

74: Importing equality? The effects of increased competition on the gender wage gap

Sandra Black and Elizabeth Brainerd

73: Liquidity in U.S. fixed income markets: a comparison of the bid-ask spread in corporate, government and municipal bond markets

Sugato Chakravarty and Asani Sarkar

72: The nature and growth of vertical specialization in world trade

David Hummels, Jun Ishii and Kei-Mu Yi

71: Structural estimates of the U.S. sacrifice ratio

Stephen Cecchetti and Robert Rich

70: Determinants of current risk premiums

John Carlson and Carol Osler

69: Bank loan sales: a new look at the motivations for secondary market activity

Rebecca Demsetz

68: Looking beyond the CEO: executive compensation at banks

Rebecca Demsetz and Marc R. Saidenberg

67: The role of consumption substitutability in the international transmission of shocks

Cédric Tille

66: Fluctuations in confidence and asymmetric business cycles

Simon Potter

65: Nonlinear impulse response functions

Simon Potter

64: U.S. wages in general equilibrium: the effects of prices, technology and factor supplies, 1963-1991

Rita A. Balaban and James Harrigan

63: Exchange rates and local labor markets

Linda Goldberg and Joseph Tracy

62: Banks' payments-driven revenues

Lawrence J. Radecki

61: Nonlinear risk

Marcelle Chauvet and Simon Potter

60: Do investors mistake a good company for a good investment?

Peter Antunovich and David S. Laster

59: Are apparent findings of nonlinearity due to structural instability in economic time series?

Gary Koop and Simon Potter

58: Competitive devaluations: a welfare-based approach

Giancarlo Corsetti, Paolo Pesenti, Nouriel Roubini and Cédric Tille

57: What was the market's view of U.K. monetary policy? Estimating inflation risk and expected inflation with indexed bonds

Frank F. Gong, Eli Remolona and Michael Wickens

56: Employment versus wage adjustment and the U.S. dollar

Jose Campa and Linda Goldberg

55: The consolidation of the financial services industry: causes, consequences, and the implications for the future

Allen Berger, Rebecca Demsetz and Philip E. Strahan

54: Microeconomic inventory adjustment and aggregate dynamics

Jonathan McCarthy and Egon Zakrajšek

53: Trade inventories

Jonathan McCarthy and Egon Zakrajšek

52: Institutional affiliation and the role of venture capital: evidence from initial public offerings in Japan

Yasushi Hamao, Frank Packer and Jay Ritter

51: Why did thrift goodwill matter in 1989?

Sangkyun Park

50: Piggy banks: financial intermediaries as a commitment to save

Donald Morgan and Katherine A. Samolyk

49: Implied mortgage refinancing thresholds

Paul Bennett, Richard Peach and Stavros Peristiani

48: The performance of investment newsletters

Jeffrey F. Jaffe and James M. Mahoney

47: Skilled labor-augmenting technical progress in U.S. manufacturing

James Kahn and Jong-Soo Lim

46: International trade and American wages in general equilibrium, 1967-1995

James Harrigan

45: Structural change in the mortgage market and the propensity to refinance

Paul Bennett, Richard Peach and Stavros Peristiani

44: The dual nature of trade: measuring its impact on imitation and growth

Michelle P. Connolly

43: Soft exchange rate bands and speculative attacks: theory and evidence from the ERM since August 1993

Leonardo Bartolini and Alessandro Prati

42: Identifying noise traders: the head-and-shoulders pattern in U.S. equities

Carol Osler

41: Output fluctuations in the United States: what has changed since the early 1980s?

Margaret M. McConnell and Gabriel Perez-Quiros

40: Economic geography and regional production structure: an empirical investigation

Donald Davis and David Weinstein

39: Consistent covariance matrix estimation in probit models with autocorrelated errors

Arturo Estrella and Anthony Rodrigues

38: How workers use 401(k) plans: the participation, contribution, and withdrawal decisions

William F. Bassett, Michael Fleming and Anthony Rodrigues

37: How big are potential welfare gains from international risksharing?

Eric van Wincoop

36: Estimation of cross-country differences in industry production functions

James Harrigan

35: The home market, trade, and industrial structure

Donald Davis

34: Demography, national savings and international capital flows

Matthew Higgins

33: Regulatory evaluation of value-at-risk models

Jose Lopez

32: Option-implied probability distributions and currency excess returns

Allan M. Malz

31: Identifying inflation's grease and sand effects in the labor market

Erica Groshen and Mark Schweitzer

30: Growth uncertainty and risksharing

Stefano Athanasoulis and Eric van Wincoop

29: Agency problems and risk taking at banks

Rebecca Demsetz, Marc R. Saidenberg and Philip E. Strahan

28: Traders' broker choice, market liquidity and market structure

Sugato Chakravarty and Asani Sarkar

27: Price formation and liquidity in the U.S. Treasury market: evidence from intraday patterns around announcements

Michael Fleming and Eli Remolona