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Churchill, Baruch, Lindsay Lohan, Congress and the Fed

Fisher, Richard W. - Federal Reserve Bank of Dallas - 2011

Remarks at the Institute of International Bankers Annual Washington Conference, Washington, D.C., March 7, 2011 ; "I argued against the $600 billion extension [buying U.S. Treasuries] the voters on the FOMC approved last November. And I remain doubtful enough as to its efficacy that if at any...

Persistent link: https://www.econbiz.de/10010726004

Free enterprise; the economics of cooperation

Lee, Dwight R. - Federal Reserve Bank of Dallas

Persistent link: https://www.econbiz.de/10005360695

The rise of goods-market competition and the fall of nominal wage contracting: endogenous wage contracting in a multisector economy

Duca, John V.; VanHoose, David D. - Federal Reserve Bank of Dallas - 1998

This paper shows how heterogeneity wage-setting and a link between nominal wage flexibility andg goods-market competition rise in a multisector economy that is affected by aggregate and sector-specific shocks. Aggregate volatility increases the variance of real contract wages, whereas sectoral...

Persistent link: https://www.econbiz.de/10005346084

Exchange rate pass-through, firm heterogeneity and product quality: a theoretical analysis

Yu, Zhi - Federal Reserve Bank of Dallas - 2013

This paper theoretically explores how exchange rate pass-through depends on firm heterogeneity in productivity and product differentiation in quality. Using an extended version of the Melitz and Ottaviano (2008) model, I show that exporting firms absorb exchange rate changes by adjusting both...

Persistent link: https://www.econbiz.de/10010628448

Selective sovereign defaults

Erce, Aitor - Federal Reserve Bank of Dallas - 2012

debt and in so doing restricting private access to international capital markets or to default on domestic debt, thereby … depth of the banking system and the extent of the corporate sector's reliance on foreign capital markets vis-a-vis domestic … credit markets have the potential to explain the patterns of discrimination observed in the data. …

Persistent link: https://www.econbiz.de/10010583480