Economic Research
Papers
Finance and Economics Discussion Series
May 2026
A Tale of Demand and Supply for Central Bank Reserves
Sriya Anbil, Sebastian Infante, Zeynep Senyuz
May 2026
Does Banking Consolidation Harm Households?
Celso Brunetti, Jeffery H. Harris, Ioannis Spyridopoulos
May 2026
Anchored to the Dot Plot: Central Bank Projections and Interest Rate Expectations
Papers
International Finance Discussion Papers
May 2026
Attention Allocation and Belief Distortions
May 2026
Tariffs and Goods-Market Search Frictions
Pawel M. Krolikowski and Andrew H. McCallum
March 2026
Risk in a Data-Rich Model
Dario Caldara, Haroon Mumtaz, and Molin Zhong
FEDS Notes
Population Growth and Labor Market Fragility: Lessons from Domestic and International Experiences
François de Soyres, Johannes Fleck, William Peterman, Avani Pradhan, and David Ratner
Investor Composition of Money Market Funds and Its Implications for Flow Dynamics
Yi Li, Nick Panetta, and Weston Watts
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.