Market participants and policymakers have raised a number of concerns about the potential adverse effects of financial regulation on market liquidity—the ability to buy and sell securities quickly, at any time, at minimal cost.
Look for our next post on September 19.
August 17, 2015
August 14, 2015
The Monetary Policy Advice Process at the New York Fed
Research economists discuss their process for providing advice on monetary policy to the New York Fed president ahead of FOMC meetings.
Posted at 10:00 am in Monetary Policy | Permalink
August 13, 2015
Just Released: Releveraging the Consumer Credit Panel with Two New Charts
Andrew Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw Our Consumer Credit Panel, which is based on data from the Equifax credit reporting agency, first arrived at the New York Fed in 2009, and our very first Quarterly Report on Household Debt and Credit was published in August 2010, five years ago this month. We’ve continued […]
August 12, 2015
Do Asset Purchase Programs Push Capital Abroad?
Thomas Klitgaard and David O. Lucca Euro area sovereign bond yields fell to record lows and the euro weakened after the European Central Bank (ECB) dramatically expanded its asset purchase program in early 2015. Some analysts predicted massive financial outflows spilling out of the euro area and affecting global markets as investors sought higher yields […]
Posted at 7:00 am in Balance of Payments, Euro Area, Exchange Rates, Exports, Financial Markets, International Economics, Monetary Policy | Permalink | Comments (2)
August 11, 2015
Around the World in 8,379 Foreign Entities
The largest U.S. financial institutions conduct business around the world, maintaining a strong presence through branches and subsidiaries in foreign countries.
Posted at 7:00 am in Exports, Financial Institutions, International Economics | Permalink | Comments (1)
August 10, 2015
History of Discount Window Stigma
In August 2007, at the onset of the recent financial crisis, the Federal Reserve encouraged banks to borrow from the discount window (DW) but few did so.
Posted at 7:00 am in Fed Funds, Financial Institutions, Financial Markets | Permalink | Comments (1)
August 7, 2015
Crisis Chronicles–The California Gold Rush and the Gold Standard
On the crisp morning of January 24, 1848, James Marshall, a carpenter in the employ of John Sutter, traveled up the American River to inspect a lumber mill that Sutter had ordered constructed close to timber sources.
August 5, 2015
When Women Out‑Earn Men
We often hear that women earn “77 cents on the dollar” compared with men.
August 3, 2015
Investigating the Trading Activity of CLO Portfolio Managers
Stavros Peristiani and João A.C. Santos Unlike mortgage-backed and home equity-backed securities, collateralized loan obligations (CLOs), whose collateral is predominantly corporate loans, are slowly but steadily recovering. This revival, illustrated in the chart below, spotlights again a sector of nonagency structured finance that has been scrutinized for its investment practices. This post investigates the trading […]
July 20, 2015
Just Released: The U.S. Treasury Market on October 15, 2014
The $12.7 trillion U.S. Treasury market plays a critical role in the global economy, serving as the primary means of financing the U.S. government, a risk-free benchmark for other financial instruments, and a key venue for the Federal Reserve’s implementation of monetary policy.
RSS Feed
Follow Liberty Street Economics
