Capital Markets: Publications

Research focusing on asset pricing and financial market liquidity and on the interaction between markets, institutions, and the macroeconomy.
Liberty Street Economics
Market Liquidity after the Financial Crisis
Tobias Adrian, Michael Fleming, and Or Shachar
June 28, 2017
Dealer Balance Sheets and Corporate Bond Liquidity Provision
Tobias Adrian, Nina Boyarchenko, and Or Shachar
May 24, 2017
At the N.Y. Fed: The Evolution of OTC Derivatives Markets
Nina Boyarchenko, Or Shachar, and Jacqueline Yen
May 12, 2017
Which Dealers Borrowed from the Fed’s Lender-of-Last-Resort Facilities?
Viral V. Acharya, Michael J. Fleming, Warren B. Hrung, and Asani Sarkar
May 10, 2017
Houses as ATMs No Longer
Andreas Fuster, Eilidh Geddes, and Andrew Haughwout
February 15, 2017
How Resilient Is the U.S. Housing Market Now?
Andreas Fuster, Eilidh Geddes, Benedict Guttman-Kenney, and Andrew Haughwout
February 13, 2017
Economic Policy Review
The Equity Risk Premium: A Review of Models
Fernando Duarte and Carlo Rosa
Staff Reports
Interest Rate Conundrums in the 21st Century
Samuel G. Hanson, David O. Lucca, and Jonathan H. Wright
Number 810  March 2017
The Time-Varying Price of Financial Intermediation in the Mortgage Market
Andreas Fuster, Stephanie H. Lo, and Paul S. Willen
Number 805  January 2017
Financial Vulnerability and Monetary Policy
Tobias Adrian and Fernando Duarte
Number 804  December 2016
Intraday Market Making with Overnight Inventory Costs
Tobias Adrian, Agostino Capponi, Erik Vogt, and Hongzhong Zhang
Number 799  October 2016
Home Price Expectations and Behavior: Evidence from a Randomized Information
Luis Armona, Andreas Fuster, and Basit Zafar
Number 798  October 2016
Market Liquidity after the Financial Crisis
Tobias Adrian, Michael Fleming, Or Shachar, and Erik Vogt
Number 796  October 2016
E-mail Alerts
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