Staff Reports

Priors for the Long Run
Domenico Giannone, Michele Lenza, and Giorgio E. Primiceri
November  Number 832

Slow Recoveries and Unemployment Traps: Monetary Policy in a Time of Hysteresis
Previous title: "Escaping Unemployment Traps"
Sushant Acharya, Julien Bengui, Keshav Dogra, and Shu Lin Wee
November  Number 831
Revised August 2018

Macroeconomic Nowcasting and Forecasting with Big Data
Brandyn Bok, Daniele Caratelli, Domenico Giannone, Argia Sbordone, and Andrea Tambalotti
November  Number 830

The Mortgage Rate Conundrum
Alejandro Justiniano, Giorgio E. Primiceri, and Andrea Tambalotti
November  Number 829

China’s Evolving Managed Float: An Exploration of the Roles of the Fix and Broad Dollar Movements in Explaining Daily Exchange Rate Changes
John Clark
November  Number 828

The Evolution of Treasury Market Liquidity: Evidence from 30 Years of Limit Order Book Data
Previous title: "An Index of Treasury Market Liquidity: 1991-2017"
Tobias Adrian, Michael Fleming, and Erik Vogt
November  Number 827

Empirical Network Contagion for U.S. Financial Institutions
Fernando Duarte and Collin Jones
November  Number 826

Gender Representation in Economics across Topics and Time: Evidence from the NBER Summer Institute
Anusha Chari and Paul Goldsmith-Pinkham
October  Number 825

Estimating Dynamic Panel Models: Backing out the Nickell Bias
Jerry A. Hausman and Maxim L. Pinkovskiy
October  Number 824

Does Going Easy on Distressed Banks Help Economic Growth?
Sean Hundtofte
October  Number 823
Revised January 2018

The Treasury Market Practices Group: Creation and Early Initiatives
Kenneth D. Garbade and Frank M. Keane
August  Number 822

Import Competition and Household Debt
Jean-Noël Barrot, Erik Loualiche, Matthew Plosser, and Julien Sauvagnat
August  Number 821

Echoes of Rising Tuition in Students’ Borrowing, Educational Attainment, and Homeownership in Post-Recession America
Zachary Bleemer, Meta Brown, Donghoon Lee, Katherine Strair, and Wilbert van der Klaauw
July  Number 820

The Shifting Drivers of Global Liquidity
Stefan Avdjiev, Leonardo Gambacorta, Linda S. Goldberg, and Stefano Schiaffi
June  Number 819
Revised August 2019

Supply- and Demand-Side Factors in Global Banking
Mary Amiti, Patrick McGuire, and David E. Weinstein
June  Number 818

How Did China’s WTO Entry Affect U.S. Prices?
Previous title: "How Did China’s WTO Entry Benefit U.S. Consumers?"
Mary Amiti, Mi Dai, Robert C. Feenstra, and John Romalis
June  Number 817
Revised July 2018

Investors’ Appetite for Money-Like Assets: The Money Market Fund Industry after the 2014 Regulatory Reform
Marco Cipriani and Gabriele La Spada
June  Number 816
Revised June 2018

Macroprudential Policy and the Revolving Door of Risk: Lessons from Leveraged Lending Guidance
Sooji Kim, Matthew C. Plosser, and João A. C. Santos
May  Number 815

Access to Credit and Financial Health: Evaluating the Impact of Debt Collection
Julia Fonseca, Katherine Strair, and Basit Zafar
May  Number 814

Transformation of Corporate Scope in U.S. Banks: Patterns and Performance Implications
Nicola Cetorelli, Michael G. Jacobides, and Samuel Stern
May  Number 813

Safety, Liquidity, and the Natural Rate of Interest
Marco Del Negro, Domenico Giannone, Marc P. Giannoni, and Andrea Tambalotti
May  Number 812

Student Debt and Default: The Role of For-Profit Colleges
Previous title: "How Does For-Profit College Attendance Affect Student Loans, Defaults, and Labor Market Outcomes?"
Luis Armona, Rajashri Chakrabarti, and Michael F. Lovenheim
April  Number 811
Revised February 2020

Rate-Amplifying Demand and the Excess Sensitivity of Long-Term Rates
Previous title: “The Excess Sensitivity of Long-Term Rates: A Tale of Two Frequencies" and "Interest Rate Conundrums in the Twenty-First Century”
Samuel G. Hanson, David O. Lucca, and Jonathan H. Wright
March  Number 810
Revised April 2021

The Pre-Crisis Monetary Policy Implementation Framework
Alexander Kroeger, John McGowan, and Asani Sarkar
March  Number 809
Revised May 2018

The Behavior of Uncertainty and Disagreement, and their Roles in Economic Prediction: A Panel Analysis
Robert Rich and Joseph Tracy
February  Number 808

Disaster (Over-)Insurance: The Long-Term Financial and Socioeconomic Consequences of Hurricane Katrina
Zachary Bleemer and Wilbert van der Klaauw
February  Number 807

Beyond Thirty: Treasury Issuance of Long-Term Bonds from 1953 to 1965
Kenneth D. Garbade
January  Number 806

The Time-Varying Price of Financial Intermediation in the Mortgage Market
Andreas Fuster, Stephanie H. Lo, and Paul Willen
January  Number 805
Revised August 2017