FEDERAL RESERVE BANK OF NEW YORK
Tìm thấy 10,000 tài liệu liên quan tới từ khóa "FEDERAL RESERVE BANK OF NEW YORK":
TÀI LIỆU FEDERAL RESERVE BANK OF NEW YORK STAFF REPORTS - WHY ARE BANKS HOLDING SO MANY EXCESS RESERVES? DOC
for helpful comments on earlier drafts from Gian Luca Clementi, James Clouse, Huberto Ennis,Michael Feroli, Kenneth Garbade, Marvin Goodfriend, Helios Herrera, Andrew Howland, Simon Potter, Robert Rich, John Robertson, Asani Sarkar, Jeff Shrader, and David Skeie. Theviews expressed in this paper are[r]
15 Đọc thêm
FEDERAL RESERVE BANK OF NEW YORK STAFF REPORTS: BANK LIQUIDITY, INTERBANK MARKETS, AND MONETARY POLICY PPTX
financial stability by increasing the probability of bank runs.Key words: bank liquidity, interbank markets, central bank policy, financial fragility, bank runsFreixas: Universitat Pompeu Fabra (e-mail: xavier.freixas@upf.edu). Martin: Federal ReserveBank
39 Đọc thêm
FEDERAL RESERVE BANK OF NEW YORK STAFF REPORTS: WHAT FISCAL POLICY IS EFFECTIVE AT ZERO INTEREST RATES? POT
A previous draft was circulated in December 2008 under the title “Can Tax Cuts Deepen theRecession?” The author thanks Matthew Denes for outstanding research assistance, as well asLawrence Christiano and Michael Woodford for several helpful discussions on this topic. Thispaper presents preliminary f[r]
36 Đọc thêm
FEDERAL RESERVE BANK OF MINNEAPOLIS RESEARCH DEPARTMENT STAFF REPORT 328: BUSINESS CYCLE ACCOUNTING POTX
are those of the authors and not necessarily thos e of the Federal Reserve Bank of Minneapolis or the FederalReserve System.In building detailed, quan titative models of economic fluctuations, researchers face hard choices aboutwhere to introduce f ric[r]
63 Đọc thêm
ASIA FOCUS: FEDERAL RESERVE BANK OF SAN FRANCISCO PPTX
Asia Focus is a periodic newsletter issued by the Country Analysis Unit of the Federal Reserve Bank of San Francisco. The information contained in this newsletter is meant to provide useful context and insight into current economic and financial sector developments[r]
7 Đọc thêm
FEDERAL RESERVE BANK OF DALLAS GLOBALIZATION AND MONETARY POLICY INSTITUTE ULTRA EASY MONETARY POLICY AND THE LAW OF UNINTENDED CONSEQUENCES* PPTX
Federal Reserve Bank of Dallas Globalization and Monetary Policy Institute Working Paper No. 126 http://www.dallasfed.org/assets/documents/institute/wpapers/2012/0126.pdf Ultra Easy Monetary Policy and the Law of Unintended Consequences* William R. White August[r]
45 Đọc thêm
FEDERAL RESERVE BANK OF MINNEAPOLIS QUARTERLY REVIEW: MONEY AND INTEREST RATES DOCX
Federal Reserve Bank of Minneapolis Quarterly ReviewFall 2001, Vol. 25, No. 4, pp. 2–13Money and Interest RatesCyril Monnet Warren E. WeberEconomist Senior Research OfficerDirectorate General Research Research DepartmentEuropean Central Bank Federal Reser[r]
12 Đọc thêm
FEDERAL RESERVE BANK OF ATLANTA: FINANCIAL HIGHLIGHTS PDF
Bank reserve balances decreased $118 billion, offset by a $110 billion increase in Treasury deposits with Federal Reserve banks (part of “Other”). Assets: Lending to nonbanks—TALF, CPFF, AMLF, and MMIFF; Short-term lending to financials—discount window, TAF, curr[r]
7 Đọc thêm
FEDERAL RESERVE BANK OF NEW YORK STAFF REPORTS: SHADOW BANKING PPT
and credit puts provided by the private sector. These puts underpinned the perceived risk-free, highly liquid nature of most AAA-rated assets that collateralized credit repos and shadow banks’ liabilities more broadly. However, once private sector put providers’ solvency was questioned, even[r]
38 Đọc thêm
CENTRAL BANK TRANSPARENCY THE ACCURACY OF PROFESSIONAL FORECASTS AND INTEREST RATE VOLATILITY POT
ahead and reduces rate volatility.Key words: Central bank communication, interest rate forecasts, central banktransparency, financial market efficiencyMiddeldorp: Federal Reserve Bank of New York and Utrecht University(menno.middeldorp@ny.frb.org). Th[r]
40 Đọc thêm
FERERAL RESERVE BANK OF NEW YORK RESEARCH PAPER NO.9526 DOC
underlying methodology, but focus on a longer horizon by using the SPREAD as defined earlier, namely a 10-year minus a 3-month interest rate.
With the longer term horizon ín the interest rate Spread, we adopt a somewhat less formal approach than suggested[r]
57 Đọc thêm
ECONOMIC GROWTH AND THE UNEMPLOYMENT RATE PPTX
the same effect on unemployment. In other words, the rule-of-thumb applies equally well to recoveries and recessions. They also demonstrated that Okun’s law did not break down during the recent jobless recoveries. Between 2009 and 2011, for example, Ball et al estimated that the relationship[r]
10 Đọc thêm
HANDBOOK OF ECONOMIC FORECASTING PART 10 POTX
(2004)]. By law, the official estimate is binding in the sense that the governor cannotpropose, and the legislature may not pass, expenditure bills that exceed 99% of revenuepredicted to be available in the relevant fiscal year. The estimate is made by Decem-ber 15 of each year, and cond[r]
10 Đọc thêm
CHOOSING THE ROAD TO PROSPERITY WHY WE MUST END TOO BIG TO FAIL—NOW PDF
➠ Commercial banks are affected ➠ Smaller banks struggle amid a mixed recoveryFallout through 2011• FDIC’s “problem list” reaches a peak asset total of $431 billion (3/10) and peak number of 888 banks (3/11).• Roughly 400 smaller banks still owe nearly $2 billion in TARP funds (10/11)[r]
34 Đọc thêm
SPLINE METHODS FOR EXTRACTING INTEREST RATE CURVES FROM COUPON BOND PRICES DOCX
The author thanks Rob Bliss for his many helpful suggestions concerning variable roughness penalties and Mark Fisher forproviding code and help in implementing the smoothed spline approach. The views expressed here are those of the authorand not necessarily those of the Federal[r]
23 Đọc thêm
THE LEGALIZED CRIME OF BANKING AND A CONSTITUTIONAL REMEDY PHẦN 10 POT
sons of other families seeing this easy life for the strong, begin the same practice. Meeting often in their leisure, they discussed among themselves their great advantage. They decide to open an office, let this office issue debt dollars, and have some system about it, to the end that the so[r]
10 Đọc thêm
ECONOMICS PRINCIPLES TOOLS AND APPLICATIONS 9TH BY SULLIVAN SHEFFRIN PEREZ CHAPTER 13
This means that when Paul writes Freda a check, the Federal Reserve oversees the banks to ensure Freda’s bank receives the funds from Paul’s bank.This is known as check clearing. As our economy moves to more electronic transactions, the Federal Reserve provi[r]
25 Đọc thêm
THE LEGALIZED CRIME OF BANKING AND A CONSTITUTIONAL REMEDY PHẦN 5 POT
increases, goods flowing from industries become a torrent, and riding merrily along on a "debt dollar" the people coast up and down life's highways exhilarated by speed and "wealth." But, when the Reserve board decides they have enough of such human joy, good eating, cavorting hither a[r]
25 Đọc thêm
ECONOMICS AND LIBERATING THEORY PART 7 PPSX
the Federal Reserve Bank was anxious to shut the insolvent Savingsand Loan Associations down to prevent them from accepting newdeposits and creating additional FSLIC liabilities, neither Congress,led by Speaker Jim Wright from Texas, nor the Reagan White Housewanted to declare t[r]
15 Đọc thêm
TÀI LIỆU IN PLAIN ENGLISH MAKING SENSE OF THE FEDERAL RESERVE PPTX
® which links all Reserve banks electronically. Institutions can move their balances at the Fed or send funds to another institution through this network. Most of the transactions sent over Fedwire are bank-to-bank transfers of funds, made on behalf of ba[r]
22 Đọc thêm