RSS feeds RSS  |  E-mail alert  |  FAQ  |  Contact  
Advanced search   |   GoGo  
Overview  |  Organisation  |  Activities  |  History  |  Legal information  |  Representative offices  |  Recruitment  |  Contact
Research hub

  BIS home Central bank hub Research hub

Central Bank Research Hub - Cleveland Fed Working papers



Do Financial Education Programs Work?

by Ian Hathaway and Sameer KhatiwadaWP08-03
( May 803)

 Full text

802-

Money and Competing Assets under Private Information

by Guillaume RocheteauWP08-02
( May 802)

 Full text

801-

Positive and Normative Effects of a Minimum Wage

by Guillaume Rocheteau and Murat TasciWP08-01
( May 801)

 Full text

2007

Oil and the Great Moderation (JEL E32, E52, F0)

by Anton Nakov and Andrea Pescatoriwp0717
(Nov 2007)

 Full text

Counterfeiting as Private Money in Mechanism Design (JEL E4, E5)

by Ricardo Cavalcanti and Ed Nosalwp0716
(Nov 2007)

 Full text

Crime and the Labor Market: A Search Model With Optimal Contracts (JEL E24, J0, J63, J64)

by Bryan Engelhardt, Guillaume Rocheteau and Peter Rupertwp0715
(Oct 2007)

 Full text

Money and Capital (JEL C78, E44)

by by S. Boragan Aruoba, Christopher J. Waller, and Randall Wrightwp0714
(Oct 2007)

 Full text

Private Takings (JEL C7, D61, H11, P14)

by Ed Nosalwp0713
(Oct 2007)

 Full text

The Dynamics of Market Structure and Market Size in Two Health Services Industries (JEL L1, L8)

by Timothy Dunne, Shawn D. Klimek, Mark J. Roberts and Yi Xuwp0712
(Oct 2007)

 Full text

A Model of Money and Credit, with Application to the Credit Card Debt Puzzle (JEL C78, D11, E41)

by Irina A. Telyukova and Randall Wrightwp0711
(Oct 2007)

 Full text

Inflation-Output Gap Trade-off with a Dominant Oil Supplier (JEL D4, E32, E52, F0)

by Anton Nakov and Andrea Pescatoriwp0710
(Oct 2007)

 Full text

Incomplete Markets and Households' Exposure to Interest Rate and Inflation Risk: Implications for the Monetary Policy Maker (JEL C60, D31, D52, E31, E52)

by Andrea Pescatoriwp0709
(Oct 2007)

 Full text

Crashes and Recoveries in Illiquid Markets

by Ricardo Lagos, Guillaume Rocheteau, and Pierre-Olivier Weillwp0708
(Aug 2007)

 Full text

On the Cyclicality of R&D: Disaggregated Evidence (JEL E22, E32)

by Min Ouyangwp0707
(Jun 2007)

 Full text

Liquidity in Asset Markets with Search Frictions (JEL D83, G1)

by Ricardo Lagos and Guillaume Rocheteauwp0706
(Jun 2007)

 Full text

On Forecasting the Term Structure of Credit Spreads (JEL G12)

by C.N.V. Krishnan, Peter H. Ritchken, and James B. Thomsonwp0705
(Apr 2007)

 Full text

Harming Depositors and Helping Borrowers: The Disparate Impact of Bank Consolidation (JEL G21, G34)

by Kwangwoo Park and George Pennacchiwp0704
(Apr 2007)

 Full text

Limited Liability and the Development of Capital Markets (JEL D24, D92)

by Ed Nosal and Michael Smartwp0703
(Apr 2007)

 Full text

On-the-Job Search and Labor Market Reallocation (JEL E24, E32, J40, J41, J64)

by Murat Tasciwp0725
(Feb 2007)

 Full text

Foreclosures in Ohio: Does Lender Type Matter? (JEL G21, L15, L50)

by O. Emre Ergungorwp0724
(Jan 2007)

 Full text

Search in Asset Markets: Market Structure, Liquidity, and Welfare (JEL G11, G12, G21)

by Ricardo Lagos and Guillaume Rocheteauwp0701
(Jan 2007)

 Full text

2006

Relocation Patterns in U.S. Manufacturing (JEL D2, L2, R3)

by Yoonsoo Leewp0624
(Jan 2006)

 Full text

Moral Hazard in the Diamond-Dybvig Model of Banking

by David Andolfatto and Ed Nosalwp0623
(2006)

 Full text

National Bank Notes and Silver Certificates (JEL E42, E50, G21, N22)

by Bruce Champ and James B. Thomsonwp0622
(2006)

 Full text

Central Bank Independence and Inflation: A Note

by Charles T. Carlstrom and Timothy S. Fuerstwp0621
(2006)

 Full text

How Wages Change: Micro Evidence from the International Wage Flexibility Project (JEL E3, J3, J5)

by William T. Dickens, Lorenz Goette, Erica L. Groshen, Steinar Holden, Julian Messina, Mark E. Schweitzer, Jarkko Turunen, and Melanie E. Wardwp0620
(2006)

 Full text

Jump Starting GARCH: Pricing and Hedging Options with Jumps in Returns and Volatilities

by Jin-Chuan Duan, Peter Ritchken, and Zhiqiang Sunwp0619
(2006)

 Full text

Option Prices, Exchange Market Intervention, and the Higher Moment Expectations Channel: A User's Guide (JEL F3, G15)

by Gabriele Galati, Patrick Higgins, Owen F. Humpage, and William Melickwp0618
(2006)

 Full text

Foreclosures: Relationship Lending in the Consumer Market and its Aftermath

by O. Emre Ergungorwp0617
(2006)

 Full text

Bank Branch Presence and Access to Credit in Low-to-Moderate Income Neighborhoods

by O. Emre Ergungorwp0616
(2006)

 Full text

The Role of Independence in the Green-Lin Diamond-Dybvig Model (JEL D82, G21)

by David Andolfatto, Ed Nosal, and Neil Wallacewp0615
(2006)

 Full text

Co-Movement in Sticky Price Models with Durable Goods (JEL E31, E52)

by Charles T. Carlstrom and Timothy S. Fuerstwp0614
(2006)

 Full text

Forecasting with the Yield Curve; Level, Slope, and Output 1875-1997 (JEL E27, E43)

by Michael D. Bordo and Joseph G. Haubrichwp0611
(2006)

 Full text

Adaptive Learning, Endogenous Inattention, and Changes in Monetary Policy (JEL D83, D84, E31, E52)

by William A. Branch, John B. Carlson, George W. Evans, and Bruce McGoughwp0610
(2006)

 Full text

Bretton Woods and the U.S. Decision to Intervene in the Foreign-Exchange Market, 1957-1962 (JEL F3, N1, N2)

by Michael D. Bordo, Owen F. Humpage, and Anna J. Schwartzwp0609
(2006)

 Full text

Small Firm Credit Market Discrimination, SBA-Guaranteed Lending, and Local Market Economic Performance (JEL G38, H81, J15, O16)

by Ben R. Craig, William E. Jackson, III, and James B. Thomsonwp06-13
(2006)

 Full text

Two Flaws in Business Cycle Datin

by Lawrence J. Christiano and Joshua M. Daviswp06-12
(2006)

 Full text

Money and Capital as Competing Media of Exchange

by Ricardo Lagos and Guillaume Rocheteauwp06-08
(2006)

 Full text

Search in Asset Markets (JEL G11, G12, G21)

by Ricardo Lagos and Guillaume Rocheteauwp06-07
(2006)

 Full text

State Growth Empirics: The Long-Run Determinants of State Income Growth

by Paul W. Bauer, Mark E. Schweitzer, and Scott Shanewp06-06
(2006)

 Full text

Dashboard Indicators for the Northeast Ohio Economy: Prepared for the Fund for Our Economic Future

by Randall Eberts, George Erickcek, and Jack Kleinhenzwp06-05
(2006)

 Full text

Gross Loan Flows (JEL E32, E51, G21)

by Ben Craig and Joseph G. Haubrichwp06-04
(2006)

 Full text

The Return to Capital and the Business Cycle

by Paul Gomme, B. Ravikumar, and Peter Rupertwp06-03
(2006)

 Full text

Understanding the Determinants of Crime

by Ayse Imrohoroglu, Antonio Merlo, and Peter Rupertwp06-02
(2006)

 Full text

2005

Some Benefits of Cyclical Monetary Policy

by Ricardo de O. Cavalcanti and Ed NosalWP0511
(Dec 2005)

 Full text

Oil Prices, Monetary Policy, and Counterfactual Experiments

by By Charles T. Carlstrom and Timothy S. FuerstWP0510
(Nov 2005)

 Full text

The Importance of Reallocations in Cyclical Productivity and Returns to Scale: Evidence from Plant-level Data (JEL D24, E32, O47)

by Yoonsoo LeeWP0509
(Oct 2005)

 Full text

Recovering Market Expectations of FOMC Rate Changes with Options on Federal Funds Futures

by John B. Carlson, Ben R. Craig, and William R. MelickWP0507
(Jul 2005)

 Full text

The Eurosystem Money Market Auctions: A Banking Perspective

by Nikolaus Bartzsch, Ben Craig, and Falko FechtWP0506
(Jun 2005)

 Full text

Theory, Measurement, and Calibration of Macroeconomic Models (JEL E13, E20, E32, O30)

by Paul Gomme and Peter RupertWP0505
(May 2005)

 Full text

State-Dependent Pricing, Inflation, and Welfare in Search Economies (JEL E31, E40, E50)

by By Ben Craig and Guillaume RocheteauWP0504
(May 2005)

 Full text

SBA-Loan Guarantees and Local Economic Growth (JEL G38, H81, O16)

by Ben R. Craig, William E. Jackson III and James B. ThomsonWP0503
(Apr 2005)

 Full text

Testing Near-Rationality Using Detailed Survey Data (JEL D1, D7, E6)

by Michael F. Bryan and Stefan PalmqvistWP0502
(Apr 2005)

 Full text

2004

Inflation, Output, and Welfare (JEL E40, E50)

by Ricardo Lagos and Guillaume RocheteauWP0407
(Aug 2004)

 Full text

Loggers vs. Campers: Compensation for the Taking of Property Rights (JEL E40, K0)

by Ronald Giammarino and Ed NosalWP0406
(Aug 2004)

 Full text

The Business Cycle and the Life Cycle (JEL E32, J22)

by Paul Gomme, Richard Rogerson, Peter Rupert, and Randall WrightWP0404
(Jul 2004)

 Full text

The Yield Curve, Recessions, and the Credibility of the Monetary Regime: Long-run Evidence, 1875-1997 (JEL E43, E44, E52, G13)

by Michael D. Bordo and Joseph G. HaubrichWP0402
(May 2004)

 Full text

A Model of (the Threat of) Counterfeiting (JEL E40)

by Ed Nosal and Neil WallaceWP0401
(2004)

 Full text

2003

Capital Trading, Stock Trading, and the Inflation Tax on Equity: A Note (JEL C68, E32, E44)

by Scott L. Baier, Charles T. Carlstrom, Ralph Chami, Thomas F. Cosimano, Timothy S. Fuerst, and Collen FullenkampWP0321
(2003)

 Full text

Investment and Interest Rate Policy: A Discrete Time Analysis (JEL E4, E5)

by Charles T. Carlstrom and Timothy S. FuerstWP0320
(2003)

 Full text

Comments on Backward-Looking Interest-Rate Rules, Interest-Rate Smoothing, and Macroeconomic Instability (JEL E4, E5)

by Charles T. Carlstrom and Timothy S. FuerstWP0319
(2003)

 Full text

The Great Depression and the Friedman-Schwartz Hypothesis (JEL C52, C68, E3, E52, E65, G18)

by Lawrence J. Christiano, Roberto Motto, and Massimo RostagnoWP0318
(2003)

 Full text

Inflation and Financial Market Performance: What Have We Learned in the Last Ten Years? (JEL E40, E44, O16)

by John Boyd and Bruce ChampWP0317
(2003)

 Full text

Resolving the National Banking System Note-Issue Puzzle (JEL E42, N11)

by Bruce Champ and Neil WallaceWP0316
(2003)

 Full text

Government Intervention in the Foreign Exchange Market (JEL F3)

by Owen HumpageWP0315
(2003)

 Full text

On Credit Spread Slopes and Predicting Bank Risk (JEL G12, G18, G28)

by C. N. V. Krishnan, Peter H. Ritchken and James B. ThomsonWP0314
(2003)

 Full text

The Empirical Performance of Option-Based Densities of Foreign Exchange (JEL G13, G15)

by Ben R. Craig and Joachim G. KellerWP0313
(2003)

 Full text

The Forecasting Performance of German Stock Option Densities (JEL C22, C52, G13, G15)

by Ben Craig, Ernst Glatzer, Joachim Keller and Martin ScheicherWP0312
(2003)

 Full text

Currency Competition in a Fundamental Model of Money (JEL D7, E4, E5)

by Gabriele Camera, Ben Craig and Christopher J. WallerWP0311
(2003)

 Full text

A Theory of Money and Banking (JEL D82, E40, G21)

by David Andolfatto and Ed NosalWP0310
(2003)

 Full text

An Analysis of Japanese Foreign Exchange Interventions, 1991-2002 (JEL F3)

by Alain P. Chaboud and Owen F. HumpageWP0309
(2003)

 Full text

Pricing Kernels, Inflation, and the Term Structure of Interest Rates

by Ben R. Craig and Joseph G. HaubrichWP0308
(2003)

 Full text

Information Gathering by a Principal (JEL C72, D82)

by Ed NosalWP0307
(2003)

 Full text

A Deposit Insurance System for Armenia

by Artak ManukyanWP0306
(2003)

 Full text

Financial System Structure and Economic Development: Structure Matters (JEL G0, K2, O4)

by O. Emre ErgungorWP0305
(2003)

 Full text

Nearsighted Justice (JEL D80, G33)

by Dan Bernhardt and Ed NosalWP0304
(2003)

 Full text

Measuring Labour Availability in the UK (JEL E24, J21, J64)

by Mark SchweitzerWP0303
(2003)

 Full text

How Amenities Affect Job and Wage Choices over the Life Cycle (JEL J2, J3, J6)

by Ed Nosal and Peter RupertWP0302
(2003)

 Full text

Monitoring and Controlling Bank Risk: Does Risky Debt Serve Any Purpose? (JEL G12, G21, G28)

by C. N. V. Krishnan, P. H. Ritchken, J. B. ThomsonWP0301
(2003)

 Full text

2002

Do Energy-Price Shocks Affect Core-Price Measures? (JEL E52, Q43)

by Owen Humpage and Eduard PelzWP0215
(2002)

 Full text

Getting the Most Out of a Mandatory Subordinated Debt Requirement (JEL G12, G18, G28)

by Rong Fan, Joseph G. Haubrich, Peter Ritchken and James B. ThomsonWP0214
(2002)

 Full text

Scope and Scale Economies in Federal Reserve Payment Processing (JEL D24, G20)

by Robert M. Adams, Paul W. Bauer and Robin C. SicklesWP0213
(2002)

 Full text

Life Cycle Wage and Job Changes (JEL J0, J3, J6)

by Ed Nosal and Peter RupertWP0212
(2002)

 Full text

A Unified Framework for Monetary Theory And Policy Analysis

by Ricardo Lagos and Randall WrightWP0211
(2002)

 Full text

Dynamics, Cycles and Sunspot Equilibria in "Genuinely Dynamic, Fundamentally Disaggregative" Models of Money

by Ricardo Lagos and Randall WrightWP0210
(2002)

 Full text

Price Setting, Price Dispersion, and the Value of Money — Or — The Law of Two Prices (JEL C78, D83, E31)

by Elisabeth Curtis and Randall WrightWP0209
(2002)

 Full text

Search, Money and Capital: A Neoclassical Dichotomy

by S. Boragan Aruoba and Randall WrightWP0208
(2002)

 Full text

A Simple Search Model of Money with Heterogeneous Agents and Partial Acceptability

by Andrei Shevchenko and Randall WrightWP0207
(2002)

 Full text

Does It Pay to Work? (JEL H2)

by Jagadeesh Gokhale, Laurence J. Kotlikoff and Alexi SluchynskyWP0206
(2002)

 Full text

Imperfect Capital Markets and Nominal Wage Rigidities (JEL E31, E52)

by Charles T. Carlstrom and Timothy S. FuerstWP0205
(2002)

 Full text

Monetary Policy in a Financial Crisis (JEL E5, F3, F4)

by Lawrence J. Christiano, Christopher Gust, and Jorge RoldosWP0204
(2002)

 Full text

Community Banks as Small Business Lenders: The Tough Road Ahead (JEL D82, G21, G28)

by O. Emre ErgungorWP0203
(2002)

 Full text

Does It Matter (for Equilibrium Determinacy) What Price Index the Central Bank Targets? (JEL E31, E52)

by Charles T. Carlstrom, Timothy S. Fuerst, and Fabio GhironiWP0202
(2002)

 Full text

The Mismatch Between Life Insurance Holdings and Financial Vulnerabilities: Evidence from the Survey of Consumer Finances (JEL D12, D18, G11, G22)

by B. Douglas Bernheim, Katherine Grace Carman, Jagadeesh Gokhale, and Laurence J. KotlikoffWP0201
(2002)

 Full text

 


 
 
Terms and conditions of use  |  Copyright and permissions  |  Disclaimers  |  Privacy policy