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Federal Reserve Bank of Philadelphia Working Paper Series
45,320 Total downloads | Link to this page | Subscribe to this eJournal (requires login)

Federal Reserve Bank of Philadelphia - Research Department Header Federal Reserve Bank
of Philadelphia
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Showing Papers 1 - 50 of 375
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Incl. Electronic Paper Subsidizing Price Discovery
FRB of Philadelphia Working Paper No. 13-20
Braz Camargo , Kyungmin Kim and Benjamin R. Lester
University of Western Ontario - Department of Economics , University of Iowa and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Date Posted: May 13, 2013
Working Paper Series
3 downloads

Incl. Electronic Paper Estimating Dynamic Equilibrium Models with Stochastic Volatility
FRB of Philadelphia Working Paper No. 13-19
Jesús Fernández-Villaverde , Pablo Guerron-Quintana and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics , Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Duke University - Department of Economics
Date Posted: May 13, 2013
Working Paper Series
4 downloads

Incl. Electronic Paper Dynamics of Investment, Debt, and Default
FRB of Philadelphia Working Paper No. 13-18
Grey Gordon and Pablo Guerron-Quintana
University of Pennsylvania and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Date Posted: May 13, 2013
Working Paper Series
4 downloads

Incl. Electronic Paper Competition in Bank-Provided Payment Services
FRB of Philadelphia Working Paper No. 13-17
Wilko Bolt and David B. Humphrey
De Nederlandsche Bank (Dutch Central Bank) and Florida State University - Department of Finance
Date Posted: May 11, 2013
Working Paper Series
5 downloads

Incl. Electronic Paper Improving GDP Measurement: A Measurement-Error Perspective
FRB of Philadelphia Working Paper No. 13-16
S. Boragan Aruoba , Francis X. Diebold , Jeremy Nalewaik , Frank Schorfheide and Dongho Song
University of Maryland - Department of Economics , University of Pennsylvania - Department of Economics , Federal Reserve Board , University of Pennsylvania - Department of Economics and University of Pennsylvania - Department of Economics
Date Posted: May 11, 2013
Working Paper Series
2 downloads

Incl. Electronic Paper Market Run-Ups, Market Freezes, Inventories, and Leverage
FRB of Philadelphia Working Paper No. 13-14
Philip Bond and Yaron Leitner
University of Minnesota - Twin Cities and Federal Reserve Bank of Philadelphia
Date Posted: April 27, 2013
Working Paper Series
4 downloads

Incl. Electronic Paper The Cost of Delay
FRB of Philadelphia Working Paper No. 13-15
Larry Cordell , Liang Geng , Laurie Goodman and Lidan Yang
Federal Reserve Banks - Federal Reserve Bank of Philadelphia , Federal Reserve Banks - Federal Reserve Bank of Philadelphia , Paine Webber and Amherst Securities Group LP
Date Posted: April 27, 2013
Working Paper Series
8 downloads

Incl. Electronic Paper Who Said Large Banks Don't Experience Scale Economies? Evidence from a Risk-Return-Driven Cost Function
FRB of Philadelphia Working Paper No. 13-13
Joseph P. Hughes and Loretta J. Mester
Rutgers University, New Brunswick/Piscataway, Faculty of Arts and Sciences-New Brunswick/Piscataway, Department of Economics and Federal Reserve Bank of Philadelphia
Date Posted: April 26, 2013
Last Revised: May 13, 2013
Working Paper Series
19 downloads

Incl. Electronic Paper Modeling the Credit Card Revolution: The Role of Debt Collection and Informal Bankruptcy
FRB of Philadelphia Working Paper No. 13-12
Lukasz A. Drozd and Ricardo Serrano-Padial
University of Pennsylvania - The Wharton School and University of Wisconsin - Madison
Date Posted: April 23, 2013
Working Paper Series
15 downloads

Incl. Electronic Paper Local Deficits and Local Jobs: Can U.S. States Stabilize Their Own Economies?
FRB of Philadelphia Working Paper No. 3-11
Gerald A. Carlino and Robert P. Inman
Federal Reserve Bank of Philadelphia and University of Pennsylvania - Finance Department
Date Posted: April 17, 2013
Working Paper Series
8 downloads

Incl. Electronic Paper Risk, Economic Growth and the Value of U.S. Corporations
FRB of Philadelphia Working Paper No. 13-10
Luigi Bocola and Nils Gornemann
University of Pennsylvania and University of Pennsylvania
Date Posted: April 04, 2013
Working Paper Series
15 downloads

Incl. Electronic Paper Understanding and Measuring Risks in Agency Cmos
FRB of Philadelphia Working Paper No. 13-8
Nicholas Arcidiacono , Larry Cordell , Andrew Davidson and Alex Levin
Federal Reserve Banks - Federal Reserve Bank of Philadelphia , Federal Reserve Banks - Federal Reserve Bank of Philadelphia , Andrew Davidson & Company, Inc. and Andrew Davidson & Company, Inc.
Date Posted: April 03, 2013
Working Paper Series
11 downloads

Incl. Electronic Paper Worker Flows and Job Flows: A Quantitative Investigation
FRB of Philadelphia Working Paper No. 13-9
Shigeru Fujita and Makoto Nakajima
Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Date Posted: March 30, 2013
Working Paper Series
5 downloads

Incl. Electronic Paper Competing with Asking Prices
FRB of Philadelphia Working Paper No. 13-7
Benjamin R. Lester , Ludo Visschers and Ronald P. Wolthoff
Federal Reserve Banks - Federal Reserve Bank of Philadelphia , Universidad Carlos III de Madrid - Department of Economics and University of Toronto - Department of Economics
Date Posted: February 08, 2013
Working Paper Series
3 downloads

Incl. Electronic Paper Dichotomy between Macroprudential Policy and Monetary Policy on Credit and Inflation
FRB of Philadelphia Working Paper No. 13-6
Hyunduk Suh
Indiana University Bloomington
Date Posted: February 08, 2013
Working Paper Series
7 downloads

Incl. Electronic Paper Interest Rates and Prices in an Inventory Model of Money with Credit
FRB of Philadelphia Working Paper No. 13-5
Michael Dotsey and Pablo Guerron-Quintana
Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Date Posted: February 08, 2013
Working Paper Series
5 downloads

Incl. Electronic Paper On the Timing of Monetary Policy Reform
FRB of Philadelphia Working Paper No. 13-4
Roc Armenter
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Date Posted: February 08, 2013
Working Paper Series

Incl. Electronic Paper Does Junior Inherit? Refinancing and the Blocking Power of Second Mortgages
FRB of Philadelphia Working Paper No. 13-3
Philip Bond , Ronel Elul , Sharon Garyn-Tal and David K. Musto
University of Minnesota - Twin Cities , Federal Reserve Bank of Philadelphia , Max Stern Academic College of Emek Yezreel and University of Pennsylvania - Finance Department
Date Posted: December 26, 2012
Working Paper Series
13 downloads

Incl. Electronic Paper Durable Financial Regulation: Monitoring Financial Instruments as a Counterpart to Regulating Financial Institutions
FRB of Philadelphia Working Paper No. 13-2
Leonard I. Nakamura
Federal Reserve Bank of Philadelphia
Date Posted: December 26, 2012
Working Paper Series
8 downloads

Incl. Electronic Paper Regional Resilience
FRB of Philadelphia Working Paper No. 13-1
Jeffrey Lin
Federal Reserve Bank of Philadelphia
Date Posted: December 19, 2012
Working Paper Series
7 downloads

Incl. Electronic Paper Estimating a Dynamic Equilibrium Model of Firm Location Choices in an Urban Economy
FRB of Philadelphia Working Paper No. 12-26
Jeffrey Brinkman , Daniele Coen-Pirani and Holger Sieg
Federal Reserve Banks - Federal Reserve Bank of Philadelphia , Carnegie Mellon University - David A. Tepper School of Business and Carnegie Mellon University - David A. Tepper School of Business
Date Posted: December 14, 2012
Working Paper Series
11 downloads

Incl. Electronic Paper Business Cycle Implications of Internal Consumption Habit for New Keynesian Models
FRB of Philadelphia Working Paper No. 12-30
Takashi Kano and James M. Nason
Hitotsubashi University - Graduate School of Economics and Federal Reserve Bank of Philadelphia
Date Posted: December 14, 2012
Working Paper Series
5 downloads

Incl. Electronic Paper Should Defaults Be Forgotten? Evidence from Legally Mandated Removal
FRB of Philadelphia Working Paper No. 12-29
Marieke Bos and Leonard I. Nakamura
Institute for Financial Research (SIFR) and Federal Reserve Bank of Philadelphia
Date Posted: December 14, 2012
Working Paper Series
8 downloads

Incl. Electronic Paper Macroprudential Policy: Its Effects and Relationship to Monetary Policy
FRB of Philadelphia Working Paper No. 12-28
Hyunduk Suh
Indiana University Bloomington
Date Posted: November 30, 2012
Working Paper Series
45 downloads

Incl. Electronic Paper Sequential Monte Carlo Sampling for DSGE Models
FRB of Philadelphia Working Paper No. 12-27
Edward Herbst and Frank Schorfheide
Government of the United States of America - Macroeconomic and Quantitative Studies Section and University of Pennsylvania - Department of Economics
Date Posted: November 30, 2012
Working Paper Series
20 downloads

Incl. Electronic Paper A Tractable Circular City Model with an Application to the Effects of Development Constraints on Land Rents
FRB of Philadelphia Working Paper No. 12-25
Satyajit Chatterjee and Burcu Eyigungor
Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Date Posted: October 24, 2012
Last Revised: December 13, 2012
Working Paper Series
15 downloads

Incl. Electronic Paper Business Cycles and Financial Crises: The Roles of Credit Supply and Demand Shocks
FRB of Philadelphia Working Paper No. 12-24
James M. Nason and Ellis W. Tallman
Federal Reserve Bank of Philadelphia and Oberlin College
Date Posted: October 17, 2012
Working Paper Series
26 downloads

Incl. Electronic Paper A Narrative Analysis of Post-World War II Changes in Federal Aid
FRB of Philadelphia Working Paper No. 12-23
Gerald A. Carlino and Robert P. Inman
Federal Reserve Bank of Philadelphia and University of Pennsylvania - Finance Department
Date Posted: September 25, 2012
Working Paper Series
7 downloads

Incl. Electronic Paper The Agglomeration of R&D Labs
FRB of Philadelphia Working Paper No. 12-22
Gerald A. Carlino , Robert M. Hunt , Jake K. Carr and Tony E. Smith
Federal Reserve Bank of Philadelphia , Federal Reserve Bank of Philadelphia , Center for Urban and Regional Analysis and University of Pennsylvania - Department of Systems Engineering
Date Posted: September 19, 2012
Working Paper Series
14 downloads

Incl. Electronic Paper Monetary Policy with Heterogeneous Agents
FRB of Philadelphia Working Paper No. 12-21
Nils Gornemann , Keith Kuester and Makoto Nakajima
University of Pennsylvania , Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Date Posted: September 18, 2012
Working Paper Series
20 downloads

Incl. Electronic Paper Do Falling Iceberg Costs Explain Recent U.S. Export Growth?
FRB of Philadelphia Working Paper No. 12-20
George Alessandria and Horag Choi
Federal Reserve Bank of Philadelphia and Monash University
Date Posted: August 25, 2012
Working Paper Series
11 downloads

Incl. Electronic Paper On the Inherent Instability of Private Money
FRB of Philadelphia Working Paper No. 12-19
Daniel R. Sanches
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Date Posted: August 07, 2012
Working Paper Series
8 downloads

Incl. Electronic Paper Credit Risk Analysis of Credit Card Portfolios Under Economic Stress Conditions
FRB of Philadelphia Working Paper No. 12-18
Piu Banerjee and José J. Canals-Cerda
affiliation not provided to SSRN and Federal Reserve Bank of Philadelphia
Date Posted: July 29, 2012
Working Paper Series
99 downloads

Incl. Electronic Paper Optimal Labor-Market Policy in Recessions
FRB of Philadelphia Working Paper No. 11-48
Keith Kuester and Philip Jung
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and University of Mannheim, School of Economics (VWL), Department of Economics
Date Posted: July 29, 2012
Accepted Paper Series
12 downloads

Incl. Electronic Paper Building the Innovation Union: Lessons from the 2008 Financial Crisis
FRB of Philadelphia Working Paper No. 12-17
Alice Nakamura , Leonard I. Nakamura and Masao Nakamura
University of Alberta School of Bussiness , Federal Reserve Bank of Philadelphia and University of British Columbia (UBC) - Sauder School of Business
Date Posted: July 09, 2012
Working Paper Series
23 downloads

Incl. Electronic Paper Trade Wedges, Inventories, and International Business Cycles
FRB of Philadelphia Working Paper No. 12-16
George Alessandria , Joseph P. Kaboski and Virgiliu Midrigan
Federal Reserve Bank of Philadelphia , Ohio State University (OSU) - Department of Economics and New York University (NYU)
Date Posted: July 09, 2012
Working Paper Series
2 downloads

Incl. Electronic Paper Insuring Student Loans Against the Financial Risk of Failing to Complete College
FRB of Philadelphia Working Paper No. 12-15
Satyajit Chatterjee and Felicia Anamaria Ionescu
Federal Reserve Bank of Philadelphia and Colgate University
Date Posted: June 13, 2012
Last Revised: February 11, 2013
Working Paper Series
1 downloads

Incl. Electronic Paper Debt Dilution and Seniority in a Model of Defaultable Sovereign Debt
FRB of Philadelphia Working Paper No. 12-14
Satyajit Chatterjee and Burcu Eyigungor
Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Date Posted: June 12, 2012
Working Paper Series
17 downloads

Incl. Electronic Paper A Primer on Market Discipline and Governance of Financial Institutions for Those in a State of Shocked Disbelief
FRB of Philadelphia Working Paper No. 12-13
Joseph P. Hughes and Loretta J. Mester
Rutgers University, New Brunswick/Piscataway, Faculty of Arts and Sciences-New Brunswick/Piscataway, Department of Economics and Federal Reserve Bank of Philadelphia
Date Posted: June 07, 2012
Working Paper Series
49 downloads

Incl. Electronic Paper Getting Rid of Paper: Savings from Check 21
FRB of Philadelphia Working Paper No. 12-2
David B. Humphrey and Robert M. Hunt
Florida State University - Department of Finance and Federal Reserve Bank of Philadelphia
Date Posted: June 07, 2012
Working Paper Series
19 downloads

Incl. Electronic Paper Private Liquidity and Banking Regulation
FRB of Philadelphia Working Paper No. 12-11
Cyril Monnet and Daniel R. Sanches
Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Date Posted: May 15, 2012
Working Paper Series
31 downloads

Incl. Electronic Paper Nonlinear Adventures at the Zero Lower Bound
FRB of Philadelphia Working Paper No. 12-10
Jesús Fernández-Villaverde , Grey Gordon , Pablo Guerron-Quintana and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics , University of Pennsylvania , Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Duke University - Department of Economics
Date Posted: May 08, 2012
Working Paper Series
16 downloads

Incl. Electronic Paper Forecast Bias in Two Dimensions
FRB of Philadelphia Working Paper No. 12-9
Dean Croushore
University of Richmond
Date Posted: April 17, 2012
Working Paper Series
9 downloads

Incl. Electronic Paper Market Run-Ups, Market Freezes, Inventories, and Leverage
FRB of Philadelphia Working Paper No. 12-8
Philip Bond and Yaron Leitner
University of Minnesota - Twin Cities and Federal Reserve Bank of Philadelphia
Date Posted: April 17, 2012
Working Paper Series
9 downloads

Incl. Electronic Paper Financial Globalization, Inequality, and the Raising of Public Debt
FRB of Philadelphia Working Paper No. 12-6
Marina Azzimonti , Eva de Francisco and Vincenzo Quadrini
Federal Reserve Banks - Federal Reserve Bank of Philadelphia , Towson University - Department of Economics and University of Southern California - Marshall School of Business - Finance and Business Economics Department
Date Posted: March 03, 2012
Working Paper Series
70 downloads

Incl. Electronic Paper Bayesian Estimation of DSGE Models
FRB of Philadelphia Working Paper No. 12-4
Pablo Guerron-Quintana and James M. Nason
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Date Posted: February 17, 2012
Working Paper Series
58 downloads

Incl. Electronic Paper Home Production and Social Security Reform
FRB of Philadelphia Working Paper No. 12-5
Michael Dotsey , Wenli Li and Fang Yang
Federal Reserve Bank of Philadelphia , Federal Reserve Bank of Philadelphia and SUNY-Albany
Date Posted: February 17, 2012
Working Paper Series
22 downloads

Incl. Electronic Paper Common and Idiosyncratic Disturbances in Developed Small Open Economies
FRB of Philadelphia Working Paper No. 12-3
Pablo Guerron-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Date Posted: January 14, 2012
Working Paper Series
12 downloads

Incl. Electronic Paper Exogenous vs. Endogenous Separation
FRB of Philadelphia Working Paper No. 12-2
Shigeru Fujita and Garey Ramey
Federal Reserve Bank of Philadelphia and University of California, San Diego (UCSD) - Department of Economics
Date Posted: January 14, 2012
Working Paper Series
25 downloads

Incl. Electronic Paper The Macroeconomics of Firms' Savings
FRB of Philadelphia Working Paper No. 12-1
Roc Armenter and Viktoria V. Hnatkovska
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and University of British Columbia (UBC) - Department of Economics
Date Posted: December 22, 2011
Last Revised: August 07, 2012
Working Paper Series
46 downloads


 

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