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.

91-20: The effects of countercyclical monetary policy on money and interest rates: an evaluation of evidence from FOMC documents

John F. Boschen and Leonard O. Mills

91-19: Changing capitalization of CBD-oriented transportation systems: evidence from Philadelphia, 1970-1988

Richard Voith

91-18: Have regional per-capita incomes converged?

Gerald Carlino and Leonard O. Mills

91-17: Potential merger synergies among large commercial banks

Sherrill Shaffer

91-16: The effects of exchange rate and productivity changes on U.S. industrial output at the state level

Gerald Carlino, Brian J. Cody and Richard Voith

91-15: Optimal acceptance policies for journals

Leonard Nakamura and Sherrill Shaffer

91-14: Efficient two-part tariffs with uncertainty and interdependent demand

Sherrill Shaffer

91-13: Property taxes, homeownership capitalization rates, and housing consumption

William T. Bogart and Richard Voith

91-12: Conduct in a banking duopoly

James DiSalvo and Sherrill Shaffer

91-11: Further evidence on business cycle duration dependence

Francis Diebold, Glenn Rudebusch and Daniel Sichel

91-10: Forecast announcements and locally persistent bias

Sherrill Shaffer

91-9: Delegating monitoring with diseconomies of scale

Leonard Nakamura

91-8: The short-run costs of disinflation

Dean Croushore

91-7: The effect of rent control on housing quality change: a longitudinal analysis

Choon-Geol Moon and Janet G. Stotsky

91-6: Expense preference and the Fed revisited

Loretta Mester

91-5: Reputation acquisition, collateral, and moral hazard in debt markets

Paul S. Calem

91-4: Financing constraints and investment: new evidence from the U.S. hospital industry

Paul S. Calem and John Rizzo

91-3: Housing appraisals and redlining

William Lang and Leonard Nakamura

91-2: Worker debt with bankruptcy

James McAndrews and Leonard Nakamura

91-1: A measure of Federal Reserve credibility

Dean Croushore and Ronald S. Koot

90-30: Reforming deposit insurance when banks conduct loan workouts and runs are possible

Leonard Nakamura

90-29: Monetary and exchange rate policies in anticipation of a European central bank

Brian J. Cody

90-28: Regulation and endogenous contestability

Sherrill Shaffer

90-26: Who changes the prime rate?

Loretta Mester and Anthony Saunders

90-25: The impact of domestic market structure on exchange rate pass-through

Ahmed H. Mohamed

90-24: Stable cartels with a Cournot fringe

Sherrill Shaffer

90-23: Persistence and convergence in relative regional incomes

Gerald Carlino and Leonard O. Mills

90-22: Transportation, sorting, and house values in the Philadelphia metropolitan area

Richard Voith

90-21: Debt covenants and renegotiation

Mitchell Berlin and Loretta Mester

90-20: The role of monetary and real shocks in near-permanent movements in GNP

John F. Boschen and Leonard O. Mills

90-19: Seigniorage and the European Community: is European economic and monetary union in danger?

Brian J. Cody

90-18: A test of competition in Canadian banking

Sherrill Shaffer

90-17: Regional authorities, public services, and the location of economic activity

James McAndrews and Richard Voith

90-16: When does the prime rate change?

Loretta Mester and Anthony Saunders

90-15: Taxation as insurance against income uncertainty

Dean Croushore

90-14: Aggregate deposit insurance funding and taxpayer bailouts

Sherrill Shaffer

90-13: Perpetual signaling with imperfectly correlated costs

Loretta Mester

90-12: Optimal bank closure for deposit insurers

William Lang and Leonard Nakamura

90-11: Forecasting trends in the housing stock using age-specific demographic projections

Theodore M. Crone and Leonard O. Mills

90-10: Local market and national components in house price appreciation

Joseph Gyourko and Richard Voith

90-9: The welfare effects of distortionary taxation and government spending: some new results

Shaghil Ahmed and Dean Croushore

90-8: Ricardian equivalence under income uncertainty

Dean Croushore

90-7: Consumer choice with state-dependent uncertainty about product quality: late trains and commuter rail ridership

Richard Voith

90-6: Regional impacts of exchange rate movements

Gerald Carlino, Brian J. Cody and Richard Voith

90-5: Immunizing options against changes in volatility

Sherrill Shaffer

90-4: Investing in conflict

Sherrill Shaffer

90-3: Traditional and nontraditional banking: an information-theoretic approach

Loretta Mester

90-2: The role of commodity prices in formulating monetary policy

Brian J. Cody and Leonard O. Mills

90-1: Accounting for differences in aggregate state productivity

Gerald Carlino and Richard Voith

89-30: Are bank loans unique? The case of hospital debt financing

Paul S. Calem and John Rizzo