Economic Research
Papers
Finance and Economics Discussion Series
June 2025
Black Swans and Financial Stability: A Framework for Building Resilience
Daniel Barth and Stacey Schreft
June 2025
Changing Jobs to Fight Inflation: Labor Market Reactions to Inflationary Shocks
Gorkem Bostanci, Omer Koru, and Sergio Villalvazo
Olesya V. Grishchenko, Franck Moraux, and Olga Pakulyak
Papers
International Finance Discussion Papers
May 2025
Corporate Debt Maturity and Business Cycle Fluctuations
Francesco Ferrante, Andrea Prestipino, Immo Schott
May 2025
Measuring Geopolitical Fragmentation: Implications for Trade, Financial Flows, and Economic Policy
Florencia Airaudo, Francois De Soyres, Keith Richards, and Ana Maria Santacreu
May 2025
Measuring Shortages since 1900
Dario Caldara, Matteo Iacoviello, and David Yu
FEDS Notes
Is China Really Growing at 5 Percent?
William L. Barcelona, Danilo Cascaldi-Garcia, Jasper J. Hoek, and Eva Van Leemput
Modeling Bank Stock Returns: A Factor-Based Approach
Paige Ehresmann, Juan M. Morelli, and Jessie Jiaxu Wang
Data, Models and Tools
A large-scale estimated general equilibrium model of the U.S. economy for FRB/US Model
Models of daily yield curves, and a dynamic term structure model of Treasury yields
Survey of Consumer Finances (SCF):
Information on families' balance sheets, pensions, income, and demographic characteristics
View selected research data from the Federal Reserve Board's working papers and notes series.
Estimated Dynamic Optimization (EDO) Model:
A medium-scale New Keynesian dynamic stochastic general equilibrium (DSGE) model of the U.S. economy.
Disclaimer: The economic research that is linked from this page represents the views of the authors and does not indicate concurrence either by other members of the Board's staff or by the Board of Governors. The economic research and their conclusions are often preliminary and are circulated to stimulate discussion and critical comment.
The Board values having a staff that conducts research on a wide range of economic topics and that explores a diverse array of perspectives on those topics. The resulting conversations in academia, the economic policy community, and the broader public are important to sharpening our collective thinking.