|Members of the Research and Statistics Group publish in a wide range of economic and finance journals, conference volumes, and scholarly books.|
This listing represents work published by Bank economists during their employment at the Bank. For a complete record of individual economists' publications, see their web pages.
|Browse outside journals:|
Macroeconomics and Growth
“Slow Recoveries and Unemployment Traps: Monetary Policy in a Time of Hysteresis,” with Sushant Acharya, Julien Bengui, and Shu Lin Wee. The Economic Journal 132, no. 646 (August): 2007-47.
“Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu,” with Sergio Correia and Emil Verner. Journal of Economic History 82, no. 4 (December): 917-57.
|Giorgio Topa, Wilbert Van Der Klaauw, Olivier Armantier. Argia M. Sbordone, and John C. Williams|
“A New Approach to Assess Inflation Expectations Anchoring Using Strategic Surveys,” Journal of Monetary Economics 129, Supplement (July): S82-101.
“Dominant Currencies: How firms choose currency invoicing and why it matters,” with Oleg Itskhoki and Jozef Konings. Quarterly Journal of Economics 137, no.3 (August): 1435-93.
|Julian di Giovanni
“International Spillovers and Local Credit Cycles,” with Sebnem Kalemli-Özcan, Mehmet F. Ulu, and Yusuf S. Baskaya. The Review of Economic Studies 89, no. 2 (March) 733-73.
“Stock Market Spillovers via the Global Production Network: Transmission of U.S. Monetary Policy,” with Galina Hale. Journal of Finance 77, no.6 (December): 3373-421.
“Student Debt and Default: The Role of For-Profit Colleges,” with Luis Armona and Michael F. Lovenheim. Journal of Financial Economics 144, no. 1 (April): 67-92.
“Tuition, Debt, and Human Capita,” with Vyacheslav Fos, Andres Liberman, and Constatin Yanellis. Review of Financial Studies 36, no. 4 (September): 1667-702.
“Why Do Women Earn Less Than Men? Evidence from Bus and Train Operators,” with Valentin Bolotnyy. Journal of Labor Economics 40, no. 2 (April): 283-323.
“Expectations Data in Structural Micro Models,” with Cormac O’Dea. Handbook of Economic Expectations chapter 21 (November).
“Personal Finance Education Mandates and Student Loan Repayment,” Journal of Financial Economics 146, no. 1 (October): 1-26.
“Job Search Behavior among the Employed and Non-Employed,” with R. Jason Faberman, Andreas I. Mueller, and Aysegül Sahin. Econometrica 90, no. 4 (July): 1743-79.
|Wilbert Van Der Klaauw|
“Household Surveys and Probabilistic Questions,” with Wändi Bruine de Bruin, Alycia Chin, and Jeff Domin. Handbook of Economic Expectations chapter 1 (November).
Banking and Finance
|Nina Boyarchenko, Anna Kovner, and Or Shachar|
“It’s What You Say and What You Buy: A Holistic Evaluation of the Corporate Credit Facilities.” Journal of Financial Economics 144, no.3 (June): 695-731.
|Matteo Crosignani |
“Zombie Lending: Theoretical, International, and Historical Perspective,” with Viral V. Acharya, Tim Eisert, and Sascha Steffen. Annual Review of Financial Economics 14 (November): 21-38.
“The Anatomy of the Transmission of Macroprudential Policies,” with Viral V. Acharya and Katharina Bergant. Journal of Finance 77 no. 5 (October): 2533-75.
|Thomas M. Eisenbach|
“Cournot Fire Sales,” with Gregory Phelan. American Economic Journal: Macroeconomics 14, no. 3 (July): 508-42.
“Resource Allocation in Bank Supervision: Trade-offs and Outcomes,” with David Lucca and Robert Townsend. Journal of Finance 77, no. 3 (June): 1685- 736.
Thomas M. Eisenbach, Anna Kovner, and Michael Lee
“Cyber Risk and the U.S. Financial System: A Pre-Mortem Analysis.” Journal of Financial Economics 45 no. 3 (September): 802-2645 no. 3 (September): 802-26.
|Anna Kovner and Beverly Hirtle |
“Bank Supervision.” Annual Review of Financial Economics 14 (November): 39-56.
Anna Kovner and Peter Van Tassel
“Evaluating Regulatory Reform: Banks’ Cost of Capital and Lending.” Journal of Money, Credit and Banking 54, no. 5 (August): 1313-67.
|Stephan Luck and Matthew Plosser |
“Bank Liquidity Provision across the Firm Size Distribution,” with Olivier Darmouni and Gabriel Chodrow-Reich. Journal of Financial Economics 144, no.3 (June): 908-32.
“The Effects of Banking Competition on Growth and Financial Stability: Evidence from the National Banking Era,” with Mark Carlson and Sergio Correia. Journal of Political Economy 130 no. 2. 462-520.
|João A. C. Santos |
“Bank Lending Networks and the Propagation of Natural Disasters,” with Ivan Ivanov and Marco Macchiavelli. Financial Management 51, no. 3 (Fall): 903-27.
“Investor Diversity and Liquidity in the Secondary Loan Market,” with Pei Shao. Journal of Financial Services Research (April).
|Richard K. Crump
“On the Factor Structure of Bond Returns,” with Nikolay Gospodinov. Econometrica 90, no. 1 (January): 295-314.
|Richard K. Crump and Giorgio Topa
“Subjective Intertemporal Substitution,” with Stefano Eusepi and Andrea Tambalotti. Journal of Monetary Economics 126 (March): 118-33.
“The Side Effects of Safe Asset Creation,” with Sushant Acharya. Journal of European Economic Association 20, no. 2 (April): 581-625.
“Range-Dependent Attribute Weighting in Consumer Choice: An Experimental Test.” Econometrica 90, no. 2 (March): 799-830.