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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 2016, No. 16-16

Private Information in Over-the-Counter Markets

Zachary Bethune, Bruno Sultanum and Nicholas Trachter

November 2016, No. 16-15

Theory Ahead of Measurement? Assessing the Nonlinear Effects of Financial Market Disruptions

Regis Barnichon, Christian Matthes and Alexander Ziegenbein

September 2021, No. 16-14R

Termination as an Incentive Device (Revised September 2021)

Borys Grochulski and Yuzhe Zhang

October 2016, No. 16-13R

Estimating Matching Efficiency with Variable Search Effort (Revised December 2016)

Andreas Hornstein and Marianna Kudlyak

September 2016, No. 16-12

Bankruptcy and Delinquency in a Model of Unsecured Debt

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

September 2016, No. 16-11R

A Proposal to Clarify the Objectives and Strategy of Monetary Policy (Revised January 2017)

Robert L. Hetzel

August 2016, No. 16-10

What Caused the Great Recession in the Eurozone?

Robert L. Hetzel

August 2016, No. 16-09

Choosing Prior Hyperparameters

Pooyan Amir-Ahmadi, Christian Matthes and Mu-Chun Wang

July 2016, No. 16-08

Gaussian Mixture Approximations of Impulse Responses and the Nonlinear Effects of Monetary Shocks

Regis Barnichon and Christian Matthes

June 2016, No. 16-07

In the Eye of a Storm: Manhattan's Money Center Banks during the International Financial Crisis of 1931

Gary Richardson and Patrick Van Horn

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Katrina Mullen