- Subscribe to this page:
- RSS
- Email Alert
Federal Reserve Bank of Atlanta
(48 results)-
White Papers
Managing Expectations And Fiscal Policy
October 1, 2009, 12:00am PDT
This paper studies an optimal fiscal policy problem of Lucas and Stokey (1983) but in a situation in which the representative agent's distrust of the probability model for government expenditures...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Remittances, Exchange Rate Regimes, And The Dutch Disease: A Panel Data Analysis
March 1, 2008, 12:00am PST
Using disaggregated sartorial data, this study shows that rising levels of remittances have spending effects that lead to real exchange rate appreciation and resource movement effects that favor...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
The Labor Market Experience And Impact Of Undocumented Workers
June 1, 2008, 12:00am PDT
Using administrative data from the state of Georgia, the authors find that average wages among documented workers are lower in industries that employ undocumented workers and that a greater share...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Exchange Rate And Fundamentals: A Generalization
May 30, 2007, 12:00am PDT
Exchange rates have raised the ire of economists for more than 20 years. A problem is that there appears to be no exchange rate model that systematically beats a naive random walk in out of sample...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Financial Literacy And Subprime Mortgage Delinquency: Evidence From A Survey Matched To Administrative Data
April 1, 2010, 12:00am PDT
The exact cause of the massive defaults and foreclosures in the U.S. subprime mortgage market is still unclear. This paper investigates whether a particular aspect of borrowers' financial literacy...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Entry Cost, Financial Friction, And Cross-Country Differences In Income And TFP
September 1, 2010, 12:00am PDT
This paper develops a model to assess the quantitative effect of entry cost and financial friction on cross-country income and Total Factor Productivity (TFP) differences. The main focus is on the...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Business Cycle Implications Of Internal Consumption Habit For New Keynesian Models
July 1, 2009, 12:00am PDT
This paper studies the implications of internal consumption habit for propagation and monetary transmission in New Keynesian Dynamic Stochastic General Equilibrium (NKDSGE) models. The authors use...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
UK World War I And Interwar Data For Business Cycle And Growth Analysis
August 1, 2009, 12:00am PDT
This paper contributes new time series for studying the U.K. economy during World War I and the interwar period. The time series are per capita hours worked and average tax rates of capital...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
The Financial Crisis Of 2008 In Fixed Income Markets
August 1, 2009, 12:00am PDT
The authors explore how a relatively small amount of heterogeneous securities created turmoil in financial markets in much of the world in 2007 and 2008. The drivers of the financial turmoil and...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Immigration, Remittances, And Business Cycles
May 1, 2010, 12:00am PDT
The authors use data on border enforcement and macroeconomic indicators from the United States and Mexico to estimate a two-country business cycle model of labor migration and remittances. The...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Sources Of The Great Moderation: Shocks, Frictions, Or Monetary Policy?
February 1, 2009, 12:00am PST
The authors study the sources of the Great Moderation by estimating a variety of medium-scale Dynamic Stochastic General Equilibrium (DSGE) models that incorporate regime switches in shock...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Product Market Regulation And Market Work: A Benchmark Analysis
March 1, 2009, 12:00am PST
Recent empirical work finds a negative correlation between product market regulation and aggregate employment. The authors examine the effect of product market regulations on hours worked in a...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Technological Change, Financial Innovation, And Diffusion In Banking
March 1, 2009, 12:00am PST
This paper discusses the technological change and financial innovation that commercial banking has experienced during the past twenty-five years. The paper first describes the role of the...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
A Note On The Estimation Of Asset Pricing Models Using Simple Regression Betas
March 1, 2009, 12:00am PST
Since Black, Jensen, and Scholes (1972) and Fama and MacBeth (1973), the two-pass Cross Sectional Regression (CSR) methodology has become the most popular tool for estimating and testing beta...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Employer Monopsony Power In The Labor Market For Undocumented Workers
April 1, 2009, 12:00am PDT
Using matched employer-employee data from the state of Georgia, this paper investigates the potential for employer monophony power in the labor market for undocumented workers. The authors find...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Understanding The New Keynesian Model When Monetary Policy Switches Regimes
July 1, 2007, 12:00am PDT
This paper studies a New Keynesian model in which monetary policy may switch between regimes. The authors derive sufficient conditions for indeterminacy that are easy to implement and they show...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Microentrepreneurship And The Business Cycle: Is Self-Employment A Desired Outcome?
July 1, 2007, 12:00am PDT
This paper links employment dynamics to the business cycle in order to examine the voluntary nature of self-employment in Argentina. These results suggest that the transition to self-employment is...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Technology Shocks, Employment, And Labor Market Frictions
February 1, 2008, 12:00am PST
Recent empirical evidence suggests that a positive technology shock leads to a decline in labor inputs. However, the standard real business cycle model fails to account for this empirical...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Firm Entry And Labor Market Dynamics
August 1, 2008, 12:00am PDT
The authors present a model of aggregate fluctuations in which monopolistic firms face sunk costs to enter the production process and labor markets are characterized by search and matching...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
New Keynesian Dynamics In A Low Interest Rate Environment
May 1, 2011, 12:00am PDT
Recent research has found that the dynamic properties of the New Keynesian model can be very different when the nominal interest rate is zero. Improvements in technology and reductions in the...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Monetary And Exchange Rate Policy Under Remittance Fluctuations
March 1, 2011, 12:00am PST
Using data for the Philippines, the author develops and estimates a heterogeneous agent model to analyze the role of monetary policy in a small open economy subject to sizable remittance...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Measuring The Welfare Gain From Personal Computers: A Macroeconomic Approach
March 1, 2011, 12:00am PST
The welfare gain to consumers from the introduction of personal computers is estimated here. A simple model of consumer demand is formulated that uses a slightly modified version of standard...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Uninsured Countercyclical Risk: An Aggregation Result And Application To Optimal Monetary Policy
March 1, 2011, 12:00am PST
The authors consider an incomplete-markets economy with capital accumulation and endogenous labor supply. Individuals face countercyclical idiosyncratic labor and asset risk. They derive...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Price Discrimination And Business-cycle Risk
March 1, 2011, 12:00am PST
A parsimonious theoretical model of second degree price discrimination suggests that the business cycle will affect the degree to which firms are able to price-discriminate between different...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Confronting Model Misspecification In Macroeconomics
December 1, 2010, 12:00am PST
The authors confront model misspecifications in macroeconomics by proposing an analytic framework for merging multiple models. This framework allows them to address uncertainty about models and...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
The Effect Of Social Entitlement Programs On Private Transfers: New Evidence Of Crowding Out
September 1, 2010, 12:00am PDT
This paper exploits a natural policy experiment to directly identify the crowding out effects of public transfers on the incidence and level of private transfers. The introduction of a large...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Further Results On The Limiting Distribution Of GMM Sample Moment Conditions
July 1, 2010, 12:00am PDT
In this paper, the authors extend the results in Hansen (1982) regarding the asymptotic distribution of Generalized Method of Moments (GMM) sample moment conditions. In particular, they show that...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Voters Hold The Key: Lock-in, Mobility, And The Portability Of Property Tax Exemptions
August 1, 2009, 12:00am PDT
Since California voters approved Proposition 13 in 1978, fifteen states have enacted caps on the annual growth in assessed property values. These laws often impose a great burden on municipal...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
The Surprising Use Of Credit Scoring In Small Business Lending By Community Banks And The Attendant Effects On Credit Availability And Risk
March 1, 2009, 12:00am PST
The literature has documented a positive relationship between the use of credit scoring for small business loans and small business credit availability, broadly defined. However, this literature...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Entry Barriers, Competition, And Technology Adoption
March 1, 2009, 12:00am PST
There are large differences in income per capita across countries. Growth accounting finds that a large part of the differences comes from the differences in Total Factor Productivity (TFP). This...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Making Sense Of The Subprime Crisis
February 1, 2009, 12:00am PST
This paper explores the question of whether market participants could have or should have anticipated the large increase in foreclosures that occurred in 2007 and 2008. Most of these foreclosures...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Minimal State Variable Solutions To Markov-switching Rational Expectations Models
October 1, 2008, 12:00am PDT
The authors develop a new method for computing Minimal State Variable solutions (MSV) to Markovswitching rational expectations models. They provide an algorithm to compute an MSV solution and show...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Data Breaches And Identity Theft
September 1, 2008, 12:00am PDT
This paper presents a monetary-theoretic model to study the implications of networks' collection of personal identifying data and data security on each other's incidence and costs of identity...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Generalizing The Taylor Principle: Comment
September 1, 2008, 12:00am PDT
Davig and Leeper (2007) have proposed a condition they call the generalized Taylor principle to rule out indeterminate equilibria in a version of the New Keynesian model, where the parameters of...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Bayesian Semiparametric Stochastic Volatility Modeling
June 1, 2008, 12:00am PDT
This paper extends the existing fully parametric Bayesian literature on stochastic volatility to allow for more general return distributions. Instead of specifying a particular distribution for...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Financial And Real Integration
May 1, 2008, 12:00am PDT
The authors examine the relationship between real and financial integration. Real integration is measured by productivities of capital and labor from trade data for 1982 to 1997. Financial...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Productivity, Energy Prices, And The Great Moderation: A New Link
March 1, 2008, 12:00am PST
The authors study how Total Factor Productivity (TFP), energy prices, and the Great Moderation are linked. First they estimate a joint stochastic process for the energy price and TFP and establish...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
The Tax Treatment Of Homeowners And Landlords And The Progressivity Of Income Taxation
February 1, 2008, 12:00am PST
This paper analyzes the connection between the asymmetric tax treatment of homeowners and landlords and the progressivity of income taxation using a quantitative overlapping generations general...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Comments On Piazzesi And Schneider's "Bond Positions, Expectations, And The Yield Curve"
January 1, 2008, 12:00am PST
This working paper comments on Monika Piazzesi and Martin Schneider's "Bond Positions, Expectations, and the Yield Curve," delivered at the Fiscal Policy and Monetary/Fiscal Policy Interactions...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Bond Positions, Expectations, And The Yield Curve
January 1, 2008, 12:00am PST
This paper implements a structural model of the yield curve with data on nominal positions and survey forecasts. Bond prices are characterized in terms of investors' current portfolio holdings as...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
New Financing Trends In Latin America: An Overview Of Selected Issues And Policy Challenges
September 15, 2008, 12:00am PDT
During the past fifteen years, financial markets in Latin America have experienced a major transformation. This process and its effects on the nature of risks and policy challenges in Latin...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Performance And Turnover In A Stochastic Partnership
July 23, 2010, 12:00am PDT
This paper characterizes the social-welfare maximizing equilibrium of a "Stochastic partnership matching market", in which players paired to play a stochastic game may quit to be costlessly and...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Indeterminacy In A Forward-looking Regime-switching Model
September 1, 2007, 12:00am PDT
This paper is about the properties of Markov-Switching Rational Expectations (MSRE) models. The authors discuss possible solution concepts for MSRE models, distinguishing between stationary and...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
What Determines The Output Drop After An Energy Price Increase: Household Or Firm Energy Share?
August 1, 2007, 12:00am PDT
During the past thirty-five years, energy use as a fraction of output has dropped significantly at both the household and the firm levels. Therefore, the authors investigate a dynamic stochastic...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Asymmetric Expectation Effects Of Regime Shifts And The Great Moderation
October 1, 2007, 12:00am PDT
The possibility of regime shifts in monetary policy can have important effects on rational agents' expectation formation and equilibrium dynamics. In a dynamic stochastic general equilibrium model...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Optimal Fiscal Feedback On Debt In An Economy With Nominal Rigidities
December 1, 2007, 12:00am PST
The authors examine the impact of different degrees of fiscal feedback on debt in an economy with nominal rigidities where monetary policy is optimal. They look at the extent to which different...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Assessing The Welfare Impact Of The 2001 Tax Reform On Dual-earner Families
December 1, 2007, 12:00am PST
The authors assess the 2001 income tax reform to determine its welfare impact across families with different characteristics. A household labor supply model is estimated to account for variable...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Great Moderations And U.S. Interest Rates: Unconditional Evidence
January 1, 2008, 12:00am PST
The Great Moderation refers to the fall in U.S. output growth volatility in the mid-1980s. At the same time, the United States experienced a moderation in inflation and lower average inflation....
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Bond Positions, Expectations, And The Yield Curve
January 1, 2008, 12:00am PST
This paper implements a structural model of the yield curve with data on nominal positions and survey forecasts. Bond prices are characterized in terms of investors' current portfolio holdings as...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Comments On Piazzesi And Schneider's "Bond Positions, Expectations, And The Yield Curve"
January 1, 2008, 12:00am PST
This working paper comments on Monika Piazzesi and Martin Schneider's "Bond Positions, Expectations, and the Yield Curve," delivered at the Fiscal Policy and Monetary/Fiscal Policy Interactions...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
The Tax Treatment Of Homeowners And Landlords And The Progressivity Of Income Taxation
February 1, 2008, 12:00am PST
This paper analyzes the connection between the asymmetric tax treatment of homeowners and landlords and the progressivity of income taxation using a quantitative overlapping generations general...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Productivity, Energy Prices, And The Great Moderation: A New Link
March 1, 2008, 12:00am PST
The authors study how Total Factor Productivity (TFP), energy prices, and the Great Moderation are linked. First they estimate a joint stochastic process for the energy price and TFP and establish...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Financial And Real Integration
May 1, 2008, 12:00am PDT
The authors examine the relationship between real and financial integration. Real integration is measured by productivities of capital and labor from trade data for 1982 to 1997. Financial...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Bayesian Semiparametric Stochastic Volatility Modeling
June 1, 2008, 12:00am PDT
This paper extends the existing fully parametric Bayesian literature on stochastic volatility to allow for more general return distributions. Instead of specifying a particular distribution for...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Generalizing The Taylor Principle: Comment
September 1, 2008, 12:00am PDT
Davig and Leeper (2007) have proposed a condition they call the generalized Taylor principle to rule out indeterminate equilibria in a version of the New Keynesian model, where the parameters of...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Data Breaches And Identity Theft
September 1, 2008, 12:00am PDT
This paper presents a monetary-theoretic model to study the implications of networks' collection of personal identifying data and data security on each other's incidence and costs of identity...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Minimal State Variable Solutions To Markov-switching Rational Expectations Models
October 1, 2008, 12:00am PDT
The authors develop a new method for computing Minimal State Variable solutions (MSV) to Markovswitching rational expectations models. They provide an algorithm to compute an MSV solution and show...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Making Sense Of The Subprime Crisis
February 1, 2009, 12:00am PST
This paper explores the question of whether market participants could have or should have anticipated the large increase in foreclosures that occurred in 2007 and 2008. Most of these foreclosures...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Entry Barriers, Competition, And Technology Adoption
March 1, 2009, 12:00am PST
There are large differences in income per capita across countries. Growth accounting finds that a large part of the differences comes from the differences in Total Factor Productivity (TFP). This...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
The Surprising Use Of Credit Scoring In Small Business Lending By Community Banks And The Attendant Effects On Credit Availability And Risk
March 1, 2009, 12:00am PST
The literature has documented a positive relationship between the use of credit scoring for small business loans and small business credit availability, broadly defined. However, this literature...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Voters Hold The Key: Lock-in, Mobility, And The Portability Of Property Tax Exemptions
August 1, 2009, 12:00am PDT
Since California voters approved Proposition 13 in 1978, fifteen states have enacted caps on the annual growth in assessed property values. These laws often impose a great burden on municipal...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Further Results On The Limiting Distribution Of GMM Sample Moment Conditions
July 1, 2010, 12:00am PDT
In this paper, the authors extend the results in Hansen (1982) regarding the asymptotic distribution of Generalized Method of Moments (GMM) sample moment conditions. In particular, they show that...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
The Effect Of Social Entitlement Programs On Private Transfers: New Evidence Of Crowding Out
September 1, 2010, 12:00am PDT
This paper exploits a natural policy experiment to directly identify the crowding out effects of public transfers on the incidence and level of private transfers. The introduction of a large...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Confronting Model Misspecification In Macroeconomics
December 1, 2010, 12:00am PST
The authors confront model misspecifications in macroeconomics by proposing an analytic framework for merging multiple models. This framework allows them to address uncertainty about models and...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Price Discrimination And Business-cycle Risk
March 1, 2011, 12:00am PST
A parsimonious theoretical model of second degree price discrimination suggests that the business cycle will affect the degree to which firms are able to price-discriminate between different...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Uninsured Countercyclical Risk: An Aggregation Result And Application To Optimal Monetary Policy
March 1, 2011, 12:00am PST
The authors consider an incomplete-markets economy with capital accumulation and endogenous labor supply. Individuals face countercyclical idiosyncratic labor and asset risk. They derive...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Measuring The Welfare Gain From Personal Computers: A Macroeconomic Approach
March 1, 2011, 12:00am PST
The welfare gain to consumers from the introduction of personal computers is estimated here. A simple model of consumer demand is formulated that uses a slightly modified version of standard...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Monetary And Exchange Rate Policy Under Remittance Fluctuations
March 1, 2011, 12:00am PST
Using data for the Philippines, the author develops and estimates a heterogeneous agent model to analyze the role of monetary policy in a small open economy subject to sizable remittance...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
New Keynesian Dynamics In A Low Interest Rate Environment
May 1, 2011, 12:00am PDT
Recent research has found that the dynamic properties of the New Keynesian model can be very different when the nominal interest rate is zero. Improvements in technology and reductions in the...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Firm Entry And Labor Market Dynamics
August 1, 2008, 12:00am PDT
The authors present a model of aggregate fluctuations in which monopolistic firms face sunk costs to enter the production process and labor markets are characterized by search and matching...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Technology Shocks, Employment, And Labor Market Frictions
February 1, 2008, 12:00am PST
Recent empirical evidence suggests that a positive technology shock leads to a decline in labor inputs. However, the standard real business cycle model fails to account for this empirical...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Microentrepreneurship And The Business Cycle: Is Self-Employment A Desired Outcome?
July 1, 2007, 12:00am PDT
This paper links employment dynamics to the business cycle in order to examine the voluntary nature of self-employment in Argentina. These results suggest that the transition to self-employment is...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Understanding The New Keynesian Model When Monetary Policy Switches Regimes
July 1, 2007, 12:00am PDT
This paper studies a New Keynesian model in which monetary policy may switch between regimes. The authors derive sufficient conditions for indeterminacy that are easy to implement and they show...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Employer Monopsony Power In The Labor Market For Undocumented Workers
April 1, 2009, 12:00am PDT
Using matched employer-employee data from the state of Georgia, this paper investigates the potential for employer monophony power in the labor market for undocumented workers. The authors find...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
A Note On The Estimation Of Asset Pricing Models Using Simple Regression Betas
March 1, 2009, 12:00am PST
Since Black, Jensen, and Scholes (1972) and Fama and MacBeth (1973), the two-pass Cross Sectional Regression (CSR) methodology has become the most popular tool for estimating and testing beta...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Technological Change, Financial Innovation, And Diffusion In Banking
March 1, 2009, 12:00am PST
This paper discusses the technological change and financial innovation that commercial banking has experienced during the past twenty-five years. The paper first describes the role of the...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Product Market Regulation And Market Work: A Benchmark Analysis
March 1, 2009, 12:00am PST
Recent empirical work finds a negative correlation between product market regulation and aggregate employment. The authors examine the effect of product market regulations on hours worked in a...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Sources Of The Great Moderation: Shocks, Frictions, Or Monetary Policy?
February 1, 2009, 12:00am PST
The authors study the sources of the Great Moderation by estimating a variety of medium-scale Dynamic Stochastic General Equilibrium (DSGE) models that incorporate regime switches in shock...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
Immigration, Remittances, And Business Cycles
May 1, 2010, 12:00am PDT
The authors use data on border enforcement and macroeconomic indicators from the United States and Mexico to estimate a two-country business cycle model of labor migration and remittances. The...
Provided by Federal Reserve Bank of Atlanta
-
White Papers
The Financial Crisis Of 2008 In Fixed Income Markets
August 1, 2009, 12:00am PDT
The authors explore how a relatively small amount of heterogeneous securities created turmoil in financial markets in much of the world in 2007 and 2008. The drivers of the financial turmoil and...
Provided by Federal Reserve Bank of Atlanta
Keep Up with TechRepublic
Submit a Paper
Get your content listed in our directory!
Our directory is the largest library of vendor-supplied technical content on the Web. It’s also the first place IT decision makers turn to when researching technology solutions. Our members are already finding your competitors’ papers here - shouldn’t they find yours, too? It's FREE so click here and submit your white paper, case study, data sheet, research report, or other document today!



