In this paper, we document that mortgage-backed securities (MBS) held by the Federal Reserve exhibit faster principal … mortgages that underlie the MBS no longer share in the prepayment risk of the securities, thereby increasing incentives to … the Federal Reserve's first MBS purchase program, demonstrating that this channel conveyed savings on monthly mortgage …

This paper uses the 2007 and 2010 waves of the Survey of Consumer Finances (SCF) to investigate how monetary incentives … affect the time and effort that interviewers expend during the survey field period, and how these incentives affect effort …