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We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength.

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Working Papers

December 1998, No. 98-8

Staggered Prices and Inventories: Production Smoothing Reconsidered

Pierre-Daniel G. Sarte and Andreas Hornstein

August 1998, No. 98-9

The Dynamic Effects of Government Spending Shocks on Employment and Work Hours

Mingwei Yuan and Wenli Li

July 1998, No. 98-7

Challenges and Choices in Post-Crisis East-Asia: Simulations of Investment Policy Reform in An Intertemporal Global Model

Xinshen Diao, Wenli Li and Erinc Yeldan

June 1998, No. 98-6

Computing Moral Hazard Problems Using the Dantzig-Wolfe Decomposition Algorithm

Edward S. Prescott

June 1997, No. 98-5

The New Neoclassical Synthesis and The Role of Monetary Policy

Marvin Goodfriend and Robert G. King

May 1998, No. 98-4

Collateralized Debt as the Optimal Contract

Jeffrey M. Lacker

April 1998, No. 98-3

Rent-Seeking Bureaucracies and Oversight in a Simple Growth Model

Pierre-Daniel G. Sarte

March 1998, No. 98-2

Can a Matching Model Explain the Long-Run Increase in Canada's Unemployment Rate? (Published: Apr. 1996; Revised: Jan. 1998)

Andreas Hornstein and Mingwei Yuan

March 1998, No. 98-1

External vs. Internal Learning-by-Doing in an R&D Based Growth Model

Andreas Hornstein and Dan Peled

Contact Us

Katrina Mullen (804) 697-8145