Economic Research
Papers
Finance and Economics Discussion Series
August 2026
United States of U-Star
August 2026
Characterizing the Conditional Pricing Kernel: A New Approach
August 2026
Beyond the Unemployment Rate: A Structural Labor Market Indicator
Isabel Cairó, Hess Chung, Francesco Ferrante, Cristina Fuentes-Albero, Camilo Morales-Jimenez, and Damjan Pfajfar
Papers
International Finance Discussion Papers
August 2026
Pricing Risk Globally: Intermediary Constraints, the Dollar, and the Global Financial Cycle
Ozge Akinci, Sebnem Kalemli-Ozcan, and Albert Queralto
August 2026
Optimal Monetary and Fiscal Policy under Limited Foresight
Martin Bodenstein and Junzhu Zhao
Colin Caines, Florian Hoffmann, Gueorgui Kambourov
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.