| Home |
 |
|
|
| Our economists produce publications and working papers of interest to policymakers, academics, business and banking professionals, and the general public. More » |
|
Features |
|
| Provision and Pricing of Liquidity Insurance The inaugural International Journal of Central Banking (IJCB) spring conference, on the topic of Provision and Pricing of Liquidity Insurance, will be hosted by the Federal Reserve Bank of New York. The IJCB is initiating two series of annual research conferences that will bring together leading economists from central banks and academic institutions to consider issues of critical importance for policymaking. The deadline for submissions is Monday, January 15, 2009. |
|
|
|
| Inflation-Indexed Securities and Inflation Risk Management A conference organized by the Federal Reserve Bank of New York. The conference aims to bring together experts in inflation pricing and hedging, inflation-indexed issuer asset-liability management, and macroeconomics. The deadline for submissions is Monday, January 5, 2009. |
| Featured Economist |
|
 Thomas KlitgaardMr. Klitgaard joined the Federal Reserve Bank of New York in 1984 as an Economist in International Research Function. He covered U.S. trade issues until 1999 when he took over responsibilities for tracking developments in the euro area and global financial flows. His responsibilities also include coordinating the Bank's global outlook. Mr. Klitgaard earned his Ph.D. from Stanford University. | |
|
Recent Articles
|
|
 Commodity Price Movements
and PCE InflationA study of the contributions of grain and oil prices to the PCE index of inflation suggests that the effects are more modest than one might expect. By Bart Hobijn, Current Issues in Economics and Finance (14) 8, November 2008 |
|
|
|
 Seismic Effects of the Bankruptcy ReformThe authors argue that the 2005 bankruptcy abuse reform (BAR) contributed to the surge in subprime foreclosures that followed its passage. By Donald P. Morgan, Benjamin Iverson, and Matthew Botsch, Staff Reports 358, November 2008 |
|
|
|
| The Federal Home Loan Bank System:
The Lender of Next-to-Last Resort? In this paper, we document the significant role played by the FHLB System at the onset of the ongoing financial crises and then provide evidence on the uses of these funds by the System’s bank and thrift members. By Adam B. Ashcraft, Morten L. Bech, and W. Scott Frame, Staff Reports 357, November 2008 |
|
|
|
| Which Bank Is the “Central” Bank?
An Application of Markov Theory to the Canadian Large Value Transfer System In this paper, we use a method similar to Google’s PageRank procedure to rank banks in the Canadian Large Value Transfer System (LVTS). By Morten L. Bech, James T. E. Chapman, and Rod Garratt, Staff Reports 356, November 2008 |
|
|
|
| Imperfectly Credible Disinflation under Endogenous Time-Dependent Pricing In this paper, we examine how credibility affects the outcome of a disinflation in a model with endogenous time-dependent pricing rules. By Marco Bonomo and Carlos Carvalho, Staff Reports 355, November 2008 |
|
|
|
| More » |
RSS Feed