| Home > Research |
 |
| Global Economy |
| Our economists research and analyze global macroeconomics, trade, development, and other international economic issues relating to the New York Fed's core missions. |
| Features |
|
| Industry-Specific Exchange Rates Time-series data, updated through December 2008, have been posted on US industry-specific exchange rates and industry trade exposures. The data for manufacturing and non-manufacturing industries are presented in two formats, spreadsheets and charts. These data are useful references for discussions of the real consequences of globalization and exchange rates. |
| Recent Articles |
|
|
 Globalized Banks: Lending to Emerging Markets in the CrisisAs banking has become more globalized, so too have the consequences of shocks originating in home and host markets. By Nicola Cetorelli and Linda S. Goldberg, Staff Reports 377, June 2009 |
|
|
|
| The Persistent Effects of a False News Shock In September 2008, a six-year-old article about the 2002 bankruptcy of United Airlines’ parent company resurfaced on the Internet and was mistakenly believed to be reporting a new bankruptcy filing by the company. By Carlos Carvalho, Nicholas Klagge, and Emanuel Moench, Staff Reports 374, May 2009 |
|
|
|
| Model Selection Criteria for Factor-Augmented Regressions This paper develops a number of theoretical conditions that selection criteria must fulfill in order to provide a consistent estimate of the factor dimension relevant for a factor-augmented regression. By Jan J. J. Groen and George Kapetanios, Staff Reports 363, February 2009 |
|
|
|
| Global Liquidity and Exchange Rates The authors present evidence that fluctuations in the aggregate balance sheets of financial intermediaries forecast exchange rate returns--at weekly, monthly, and quarterly frequencies, both in and out of sample, and for a large set of countries. By Tobias Adrian, Erkko Etula, and Hyun Song Shin, Staff Reports 361, January 2009 |
|
|
|
 What's Behind Volatile Import Prices from China?The authors conclude that the surge in commodity prices through mid-2008 was the primary driver of the rising import prices from China. By Mary Amiti and Donald R. Davis, Current Issues in Economics and Finance (15) 1, January 2009 |
|
|
|
| Rethinking the Measurement of Household Inflation Expectations: Preliminary Findings This paper reports preliminary findings from a Federal Reserve Bank of New York research program aimed at improving survey measures of inflation expectations. By Wilbert van der Klaauw, Wandi Bruine de Bruin, Giorgio Topa, Simon Potter, and Michael Bryan, Staff Reports 359, December 2008 |
|
|
| More ›› |
| Current Economic Indicators |
|
Foreign Exchange Rates  Monthly average values of the U.S. dollar against foreign currencies. 1 page / 11 kb |
|
|
|
|
International Long-Term Interest Rates Monthly averages values for international long-term interest rates. 1 page / 11 kb |
|
|
|
| Global Economic Indicators ›› |
|
|
|
| Industry Specific Exchange Rates ›› |
| Files in PDF format require ADOBE® READER® SOFTWARE |
