The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
Technical working papers revised to incorporate new data, comments from outside readers, and refinements to the line of argument. The new version of the staff report retains the original production number, but carries the date of revision as well as the original date of release.
Decomposing Real and Nominal Yield Curves Previous title: “Pricing TIPS and Treasuries with Linear Regressions” Michael Abrahams, Tobias Adrian, Richard K. Crump, and Emanuel Moench September 2012 Number 570 Revised October 2013
Discount Window Stigma during the 2007-2008 Financial Crisis Previous title: “Stigma in Financial Markets: Evidence from Liquidity Auctions and Discount Window Borrowing during the Crisis” Olivier Armantier, Eric Ghysels, Asani Sarkar, and Jeffrey Shrader January 2011 Number 483 Revised September 2013
No Good Deals—No Bad Models Nina Boyarchenko, Mario Cerrato, John Crosby, and Stewart Hodges December 2012 Number 589 Revised March 2013
Price Setting in an Innovative Market Previous title: “The Impact of Competition on Technology Adoption: An Apples-to-PCs Analysis” Adam Copeland and Adam Hale Shapiro July 2010 Number 462 Revised March 2013