2016 - Volume 48, Issue 4

2016 - Volume 48, Issue 4

The Changing International Transmission of Financial Shocks: Evidence from a Classical Time-Varying FAVAR

ANGELA ABBATE,  SANDRA EICKMEIER,  WOLFGANG LEMKE,  MASSIMILIANO MARCELLINO

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Congress and the Federal Reserve

GREGORY D. HESS,  CAMERON A. SHELTON


Stock Market Participation: Family Responses to Housing Consumption Commitments

BING CHEN,  FRANK P. STAFFORD


Managing Beliefs about Monetary Policy under Discretion

ELMAR MERTENS

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Inventory Shocks and the Great Moderation

JAMES MORLEY,  AARTI SINGH

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The Roles of Corporate Governance in Bank Failures during the Recent Financial Crisis

ALLEN N. BERGER,  BJÖRN IMBIEROWICZ,  CHRISTIAN RAUCH

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Second Chances: Subprime Mortgage Modification and Redefault

ANDREW HAUGHWOUT,  EBIERE OKAH,  JOSEPH TRACY


Can We Prove a Bank Guilty of Creating Systemic Risk? A Minority Report

JON DANIELSSON,  KEVIN R. JAMES,  MARCELA VALENZUELA,  ILKNUR ZER

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