FEDS Paper: Disagreement About the Term Structure of Inflation Expectations
Hie Joo Ahn and Leland E. FarmerWe develop a model of the individual term structure of inflation expectations across forecasting...
Hie Joo Ahn and Leland E. FarmerWe develop a model of the individual term structure of inflation expectations across forecasting...
Toni Ahnert, Sebastian Doerr, Nicola Pierri, and Yannick TimmerWe study the importance of information technology (IT) in banking for entrepreneurship....
Tess Scharlemann and Eileen van StraelenWe study how the mortgage interest deduction (MID) affects refinancing. Households who deduct mortgage interest...
C. Bora Durdu and Sergio VillalvazoThis paper investigates the impact of loan-to-value (LtV) borrowing constraints in models with occasionally binding...
Xing Huang, Philippe Jorion, Jeongmin Lee, and Christopher SchwarzUsing 150,000 actual trades, we study the U.S. equity retail broker-wholesaler market,...
Timothy K. M. Beatty, Joakim A. WeillWe estimate the impact of anticipated transfers on labor supply using confidential driver-level data...
Andres Blanco, Corina Boar, Callum Jones, Virgiliu MidriganWe develop a tractable sticky price model in which the fraction of price...
Claes Bäckman, Patrick Moran, Peter van SantenHow does the design of debt repayment schedules affect household borrowing? To answer this...
Andres Blanco, Corina Boar, Callum Jones, Virgiliu MidriganWe show that standard menu cost models cannot simultaneously reproduce the dispersion in...
Thomas R. Cook, Zach D. Modig, Nathan M. PalmerMachine learning and artificial intelligence are often described as "black boxes." Traditional...