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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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We conduct research to support policymaking and thought leadership on issues important to the Federal Reserve and the Fifth District. We also inform the public through our data and economic analysis, publications, presentations and educational resources.

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Working Papers

December 2011, No. 11-09

Loan Loss Reserves, Accounting Constraints, and Bank Ownership Structure

Eliana Balla and Morgan J. Rose

November 2011, No. 11-08

Deep Habits in the New Keynesian Phillips Curve

Thomas A. Lubik and Wing Leong Teo

November 2011, No. 11-07

Contingent Capital: The Trigger Problem

Edward S. Prescott

October 2011, No. 11-06

Loan Guarantees for Consumer Credit Markets

Kartik B. Athreya, Xuan S. Tam and Eric R. Young

September 2011, No. 11-05R

Mortgage Defaults and Prudential Regulations in a Standard Incomplete Markets Model (Revised February 2014)

Juan Carlos Hatchondo, Leonardo Martinez and Juan M. Sanchez

August 2011, No. 11-04R

Transition Dynamics in the Neoclassical Growth Model: The Case of South Korea (Revised August 2013)

Yongsung Chang and Andreas Hornstein

June 2011, No. 11-03R

Discretionary Monetary Policy in the Calvo Model (Revised March 2017)

Willem Van Zandweghe and Alexander L. Wolman

May 2011, No. 11-02

Aggregate Labor Market Dynamics in Hong Kong

Thomas A. Lubik

March 2011, No. 11-01R

An Experimental Analysis of Contingent Capital Triggering Mechanisms (Revised Oct. 2011)

Douglas Davis, Edward S. Prescott and Oleg Korenok

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