Working Papers

From Federal Reserve Bank of Philadelphia
Contact information at EDIRC.
Bibliographic data for series maintained by Beth Paul ().

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.

07-34: The reaction of consumer spending and debt to tax rebates; evidence from consumer credit data

Sumit Agarwal, Chunlin Liu and Nicholas Souleles

07-33: Net worth and housing equity in retirement

Todd Sinai and Nicholas Souleles

07-32: Payment network scale economies, SEPA, and cash replacement

Wilko Bolt and David B. Humphrey

07-31: The anatomy of U.S. personal bankruptcy under Chapter 13

Wenli Li and Pierre Daniel Sarte

07-30: Private risk premium and aggregate uncertainty in the model of uninsurable investment risk

Francisco Covas and Shigeru Fujita

07-29: Pricing-to-market and the failure of absolute PPP

George Alessandria and Joseph Kaboski

07-27: Interest rate versus money supply instruments: on the implementation of Markov-perfect optimal monetary policy

Michael Dotsey and Andreas Hornstein

07-26: Optimal pricing of payment services when cash is an alternative

Cyril Monnet and William Roberds

07-25: Innovation, cities, and new work

Jeffrey Lin

07-24: Idiosyncratic shocks and the role of nonconvexities in plant and aggregate investment dynamics

Aubhik Khan and Julia Thomas

07-23: Thick-market effects and churning in the labor market: evidence from U.S. cities

Hoyt Bleakley and Jeffrey Lin

07-22: A dynamic model of the payment system

Thorsten Koeppl, Cyril Monnet and Ted Loch Temzelides

07-20: Intellectual property rights and standard setting in financial services: the case of the Single European Payments Area

Robert Hunt, Samuli Simojoki and Tuomas Takalo

07-19: The cyclicality of separation and job finding rates

Shigeru Fujita and Garey Ramey

07-18: The relationship between the establishment age distribution and urban growth

Jason Faberman

07-17: Establishment heterogeneity, exporter dynamics, and the effects of trade liberalization

George Alessandria and Horag Choi

07-16: A quantitative theory of unsecured consumer credit with risk of default

Satyajit Chatterjee, P. Dean Corbae, Makoto Nakajima and José-Víctor Ríos-Rull

07-15: Spin-offs and the market for ideas

Satyajit Chatterjee and Esteban Rossi-Hansberg

07-14: A finite-life private-information theory of unsecured consumer debt

Satyajit Chatterjee, P. Dean Corbae and José-Víctor Ríos-Rull

07-13: A comparison of poverty trends and policy impacts for working families using different poverty indexes

Robert H. DeFina

07-12: Dynamics of worker flows and vacancies: evidence from the sign restriction approach

Shigeru Fujita

07-11: The long and large decline in state employment growth volatility

Gerald Carlino, Robert H. DeFina and Keith Sill

07-10: Bankruptcy: Is it enough to forgive or must we also forget?

Ronel Elul and Piero Gottardi

07-9: Competitive effects of Basel II on U.S. bank credit card lending

William Lang, Loretta Mester and Todd A. Vermilyea

07-8: Mismeasured personal saving and the permanent income hypothesis

Leonard Nakamura and Tom Stark

07-7: Matching externalities and inventive productivity

Robert Hunt

07-6: Economics and the design of patent systems

Robert Hunt

07-5: The cyclicality of worker flows: new evidence from the SIPP

Shigeru Fujita, Christopher Nekarda and Garey Ramey

07-4: Capital and macroeconomic instability in a discrete-time model with forward-looking interest rate rules

Kevin Huang and Qinglai Meng

07-3: Overconfidence in financial markets and consumption over the life cycle

Frank Caliendo and Kevin Huang

07-2: Reassessing the Shimer facts

Shigeru Fujita and Garey Ramey

07-1: Inflation and interest rates with endogenous market segmentation

Aubhik Khan and Julia Thomas

06-22: Immigration and the neighborhood

Albert Saiz and Susan Wachter

06-21: Owning versus leasing: do courts matter?

Pablo Casas-Arce and Albert Saiz

06-20: A quantitative assessment of the role of agglomeration economies in the spatial concentration of U.S. employment

Satyajit Chatterjee

06-19: An evaluation of inflation forecasts from surveys using real-time data

Dean Croushore

06-18: On the aggregate welfare cost of Great Depression unemployment

Satyajit Chatterjee and P. Dean Corbae

06-17: The cyclicality of job loss and hiring

Shigeru Fujita and Garey Ramey

06-16: A tale of two states: Maharashtra and West Bengal

Amartya Lahiri and Kei-Mu Yi

06-15: Capitalization of the quality of local public schools: what do home buyers value?

Theodore M. Crone

06-14: Urban density and the rate of invention

Gerald Carlino, Satyajit Chatterjee and Robert Hunt

06-13: Job matching and propagation

Shigeru Fugita and Garey Ramey

06-12: Monetary and financial forces in the Great Depression

Satyajit Chatterjee and P. Dean Corbae

06-11: National income accounts

Leonard Nakamura

06-10: Labor supply and personal computer adoption

Mark Doms and Ethan Lewis

06-9: Nontraded goods, market segmentation, and exchange rates

Michael Dotsey and Margarida Duarte

06-8: A Phillips curve with an Ss foundation

Mark Gertler and John Leahy

06-7: The CPI for rents: a case of understated inflation

Theodore M. Crone, Leonard Nakamura and Richard Voith

06-6: When do more patents reduce R&D?

Robert Hunt

06-5: Bayesian analysis of DSGE models

Sungbae An and Frank Schorfheide