Economic Research
Papers
Finance and Economics Discussion Series
September 2026
Measuring and Projecting U.S. Investment in Semiconductor Manufacturing Capacity
David M. Byrne, Robert Kurtzman, and Heidi L. Williams
September 2026
How Did CECL Affect Bank Lending?
Ben Ranish and Cindy M. Vojtech
September 2026
Beyond Financial Conditions: Measuring Structural Vulnerabilities in the U.S. Financial System
Michele Modugno, Benjamin Roscoe, Sarah Zoi
Papers
International Finance Discussion Papers
September 2026
Estimating Yield Impacts of Treasury Demand and Supply Changes
September 2026
Exchange Rate Transmission through Multinational Firms: Evidence from Japan
Ryan Kim, Bin Ni, Hyunseung Oh, and Choongryul Yang
August 2026
Pricing Risk Globally: Intermediary Constraints, the Dollar, and the Global Financial Cycle
Ozge Akinci, Sebnem Kalemli-Ozcan, and Albert Queralto
FEDS Notes
When the Chips Went Down: Motor Vehicle Production and the 2021-2022 Semiconductor Shortages
Adrian Hamins-Puertolas and Maria D. Tito
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.