skip to main content
Federal Reserve Bank of New York
Careers
Publications Catalog
News & Events
Banking Markets Research Education Regional Outreach About the Fed
 

 
 
Research more information about this picture
Our economists produce publications and working papers of interest to policymakers, academics, business and banking professionals, and the general public. More »
 
Features
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.
Top Downloads
You can now link to the top ten Research Group articles and papers downloaded from the New York Fed’s website as well as from the Bank’s page on the Social Science Research Network site. Our new web page is designed to showcase the work of our economists that is most in demand while giving you a sense of what others in the field are reading. The page will be updated each quarter.
 
Featured Economist
Beverly HirtleBeverly Hirtle
Beverly Hirtle is a Senior Vice President in the Research and Statistics Group at the Federal Reserve Bank of New York. Ms. Hirtle's research focuses on risk management, disclosure, and market structure and performance issues in the U.S. banking industry.
 
Recent Articles
Staff ReportsHousing Busts and Household Mobility
The authors used two decades of American Housing Survey data from 1985 to 2005, estimated the influence of negative home equity and rising mortgage interest rates on household mobility.
By Fernando Ferreira, Joseph Gyourko, and Joseph Tracy, Staff Reports 350, October 2008
Staff ReportsLiquidity and Congestion
This paper studies the relationship between the arrival of potential investors and market liquidity in a search-based model of asset trading.
By Gara M. Afonso, Staff Reports 349, October 2008
Staff ReportsCoVaR
The authors define CoVaR as the value at risk (VaR) of financial institutions conditional on other institutions being in distress.
By Tobias Adrian and Markus Brunnermeier, Staff Reports 348, September 2008
Staff ReportsESOP Fables: The Impact of Employee Stock Ownership Plans on Labor Disputes
In this paper, we extend the signaling model of Cramton and Tracy (1992) to allow partial ownership by the union.
By Peter Cramton, Hamid Mehran, and Joseph Tracy , Staff Reports 347, September 2008
Staff ReportsFinancial Intermediaries, Financial Stability, and Monetary Policy
In a market-based financial system, banking and capital market developments are inseparable. We document evidence that balance sheets of market-based financial intermediaries provide a window on the transmission of monetary policy through capital market conditions.
By Tobias Adrian and Hyun Song Shin, Staff Reports 346, September 2008
Current IssuesHow Economic News Moves Markets
The authors’ analysis of the direction of these effects suggests that news of stronger-than-expected growth and inflation generally prompts a rise in bond yields and the exchange value of the dollar.
By Leonardo Bartolini, Linda Goldberg, and Adam Sacarny, Current Issues in Economics and Finance (14) 6, August 2008
More »