Economic Research
Papers
Finance and Economics Discussion Series
May 2026
Financial Well-being and Inclusion of Justice Involved Populations: Evidence from the SHED
Kabir Dasgupta, Jennifer Fernandez, and Alicia Lloro
May 2026
The Effect of the Federal Reserve on the Stock Market: Magnitudes, Channels and Shocks
Benjamin Knox and Annette Vissing-Jorgensen
Papers
International Finance Discussion Papers
May 2026
Tariffs and Goods-Market Search Frictions
Pawel M. Krolikowski and Andrew H. McCallum
March 2026
The Design and Effect of Tariff Retaliation: Evidence from the European Union
Ece Fisgin, Johannes Fleck, Keith Richards
March 2026
Risk in a Data-Rich Model
Dario Caldara, Haroon Mumtaz, and Molin Zhong
FEDS Notes
Monitoring High Credit Growth: The Link Between Local Deposits and CRE Lending
Dulce Lopez Cruz, Teodora Paligorova, and Toshihide Yorozu
Banks in the Age of Stablecoins: Lessons from Their Historical Responses to Financial Innovations
Sam Hempel, JP Perez-Sangimino, and Jessie Jiaxu Wang
Data, Models and Tools
A large-scale estimated general equilibrium model of the U.S. economy for FRB/US Model
Models of daily yield curves, and a dynamic term structure model of Treasury yields
Survey of Consumer Finances (SCF):
Information on families' balance sheets, pensions, income, and demographic characteristics
View selected research data from the Federal Reserve Board's working papers and notes series.
Estimated Dynamic Optimization (EDO) Model:
A medium-scale New Keynesian dynamic stochastic general equilibrium (DSGE) model of the U.S. economy.
Disclaimer: The economic research that is linked from this page represents the views of the authors and does not indicate concurrence either by other members of the Board's staff or by the Board of Governors. The economic research and their conclusions are often preliminary and are circulated to stimulate discussion and critical comment.
The Board values having a staff that conducts research on a wide range of economic topics and that explores a diverse array of perspectives on those topics. The resulting conversations in academia, the economic policy community, and the broader public are important to sharpening our collective thinking.