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FEDS 2019-010: Lifecycle Patterns of Saving and Wealth Accumulation
Published: 15/02/2019Laura J. Feiveson and John Sabelhaus | Empirical analysis of U.S. income, saving and wealth dynamics is constrained by a lack of high-quality and comprehensive household-level panel data. This paper u ... Read moreSource: www.federalreserve.gov -
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FEDS 2019-008: Stress Testing Household Debt
Published: 13/02/2019Neil Bhutta , Jesse Bricker , Lisa J. Dettling , Jimmy Kelliher, and Steven M. Laufer | We estimate a county-level model of household delinquency and use it to conduct "stress tests" of household debt ... Read moreSource: www.federalreserve.gov -
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FEDS 2019-009: Monetary Policy Strategies for a Low-Rate Environment
Published: 13/02/2019Ben S. Bernanke, Michael T. Kiley , and John M. Roberts | In low-rate environments, policy strategies that involve holding rates “lower for longer” (L4L) may mitigate the effects of the effective lowe ... Read moreSource: www.federalreserve.gov
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Improving the pathway from school to STEM careers for girls and women
Published: 11/02/2019The launch of the Human Capital Project has galvanized global action to close human capital gaps, and has highlighted the importance of investments in the knowledge, skills, and health that people acc ... Read moreSource: blogs.worldbank.org -
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Family spending on education: a new guidebook on measurement
Published: 11/02/2019Download the PDF Read moreSource: blogs.worldbank.org -
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FEDS 2019-007: Trade Exposure and the Evolution of Inflation Dynamics
Published: 7/02/2019Simon Gilchrist and Egon Zakrajsek | The diminished sensitivity of inflation to changes in resource utilization that has been observed in many advanced economies over the past several decades is frequ ... Read moreSource: www.federalreserve.gov
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FEDS 2019-006: Robust Inference in First-Price Auctions: Experimental Findings as Identifying Restrictions
Published: 7/02/2019Serafin J. Grundl and Yu Zhu | In laboratory experiments bidding in first-price auctions is more aggressive than predicted by the risk-neutral Bayesian Nash Equilibrium (RNBNE) - a finding known as th ... Read moreSource: www.federalreserve.gov -
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FEDS 2019-005: Banks as Regulated Traders
Published: 7/02/2019Antonio Falato , Diana Iercosan , and Filip Zikes | This paper uses detailed high-frequency regulatory data to evaluate whether trading increases or decreases systemic risk in the U.S. banking sector. ... Read moreSource: www.federalreserve.gov -
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Measuring the statistical capacity of nations
Published: 5/02/2019Improving the capacity of national statistical systems (NSSs) has long been a part of the global development agenda. The NSSs play an important role in modern economies. They provide stakeholders, ran ... Read moreSource: blogs.worldbank.org
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FEDS 2019-004: Karl Brunner and U.K. Monetary Debate
Published: 1/02/2019Edward Nelson | Although he was based in the United States, leading monetarist Karl Brunner participated in debates in the United Kingdom on monetary analysis and policy from the 1960s to the 1980s. D ... Read moreSource: www.federalreserve.gov -
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FEDS 2019-003: Monetary Policy Options at the Effective Lower Bound: Assessing the Federal Reserve's Current Policy Toolkit
Published: 1/02/2019Hess Chung , Etienne Gagnon , Taisuke Nakata , Matthias Paustian , Bernd Schlusche , James Trevino, Diego Vilán , and Wei Zheng | We simulate the FRB/US model and a number of statistical models ... Read moreSource: www.federalreserve.gov -
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FEDS 2019-002: Evaluating the conditionality of judgmental forecasts
Published: 1/02/2019Travis J. Berge , Andrew C. Chang , and Nitish R. Sinha | We propose a framework to evaluate the conditionality of forecasts. The crux of our framework is the observation that a forecast is conditiona ... Read moreSource: www.federalreserve.gov
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FEDS 2019-001: The Monetary Base in Allan Meltzer's Analytical Framework
Published: 1/02/2019Edward Nelson | This analysis of Allan Meltzer’s analytical framework focuses on the role that Meltzer assigned to the monetary base. For many years, Meltzer suggested that central banks should use th ... Read moreSource: www.federalreserve.gov -
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What’s an ambitious but realistic target for human capital progress?
Published: 29/01/2019Globally, 56 percent of children live in countries with Human Capital Index (HCI) scores below 0.5. As these countries gear up to improve their human capital outcomes, it is vital to set a target that ... Read moreSource: blogs.worldbank.org -
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7 data innovation projects win funding to tackle local challenges
Published: 29/01/2019How can data be used to improve disease outbreak warning, urban planning, air quality, or agricultural production? Seven winning projects, which will receive support from the third round of funding fo ... Read moreSource: blogs.worldbank.org
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What goes up must come down: modelling the mortgage cycle
Published: 29/01/2019Kristina Bluwstein, Michal Brzoza-Brzezina, Paolo Gelain and Marcin Kolasa. Mortgages matter. For the individual, borrowing to buy a house can be the biggest debt decision of a lifetime. For the ... Read moreSource: bankunderground.co.uk -
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A new research hub on the use of technology in education in developing countries
Published: 28/01/2019there's a lot of info out there, but how much of it is relevant? Given the lack of rigorous evidence to guide related decision making, a big investment in educational technologies has in many ways bee ... Read moreSource: blogs.worldbank.org -
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Quality of Open Source Software: how many eyes are enough?
Published: 24/01/2019In 2004, my colleague Zurab Sajaia and I submitted a maximum likelihood routine to the Stata SSC archive. The program was quickly propelled by the Stata user community to the top 10 most downloaded St ... Read moreSource: blogs.worldbank.org
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Look abroad! Global financial conditions and risks to domestic growth
Published: 24/01/2019Fernando Eguren-Martin and Andrej Sokol What’s the relationship between financial conditions and risks to growth in an economy? And, in a world of highly integrated financial markets, to what ext ... Read moreSource: bankunderground.co.uk -
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The curse of the Fire-Horse: How superstition impacted fertility rates in Japan
Published: 22/01/2019Data source: Statistics Bureau of Japan In 1966, Japan experienced a sudden drop in its fertility rate—for just that year. During the 1960s, the fertility rate was about 2.0 to 2.1 children per woman, ... Read moreSource: blogs.worldbank.org -
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How many computers are in schools can depend on who's asking
Published: 18/01/2019counting the beans can sometimes be rather difficult -- and what you brew may depend on how you count A recent EduTech blog post explored how issues related to ownership and liability can im ... Read moreSource: blogs.worldbank.org
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