Economic Research
Papers
Finance and Economics Discussion Series
November 2025
Cyber Vulnerabilities at Large US Financial Institutions and Their Third-Party Service Providers
Jin-Wook Chang, Jacob Dice, Shengwu Du, Adam Flury, Sam Jerow, Seung Jung Lee, Stacey Schreft, and Craig Vandre
November 2025
Access to Capital and the IPO Decision: An Analysis of US Private Firms
Andres Almazan, Nathan Swem, Sheridan Titman, Gregory Weitzner
November 2025
Settlement Speed and Financial Stability
Agostino Capponi and Jin-Wook Chang
Papers
International Finance Discussion Papers
October 2025
The case for supporting liquidity supply in (some corners of) non-bank intermediation
October 2025
Retail inventories and inflation dynamics: The price margin channel
Neil Mehrotra, Hyunseung Oh, and Julio L. Ortiz
September 2025
Imperfect Information and Slow Recoveries in the Labor Market
FEDS Notes
A Note on Recent Dynamics of Consumer Delinquency Rates
Robert Adams, Cord Barnes, Connor Bopst, and Kamila Sommer
Implications of Growth in ETFs: Evidence from Mutual Fund to ETF Conversions
Mehmet Saglam and Tugkan Tuzun
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.