Economic Research
Papers
Finance and Economics Discussion Series
July 2025
Fed Repo Operations and Dealer Intermediation
Mark Carlson, Zack Saravay, and Mary Tian
July 2025
A Distance-based Algorithm for Defining Antitrust Markets
Charles Taragin and Marco Taylhardat
July 2025
Lost in Aggregation: Geographic Mismeasurement of Income and Spending
Sinem Hacioglu-Hoke, Leo Feler, and Jack Chylak
Papers
International Finance Discussion Papers
July 2025
Breaking Up: Fragmentation in Foreign Direct Investment
July 2025
What Determines Household Expectations?
Anushka Mitra and Aditi Singh
July 2025
Trade Costs and Inflation Dynamics
Pablo Cuba-Borda, Albert Queralto, Ricardo Reyes-Heroles, and Mikaël Scaramucci
FEDS Notes
Shifting Dynamics in Bank Funding of NBFIs: The Rise of Credit Lines
Ricardo Duque Gabriel and Julianna Sterling
The $12 Trillion US Repo Market: Evidence from a Novel Panel of Intermediaries
Sam Hempel, R. Jay Kahn, and Julia Shephard
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.