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Research Update
Publications and Papers: July-September 2009
Staff Reports
 
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No. 378, July 2009
How Do College Students Form Expectations?

Basit Zafar

 
No. 379, July 2009

Do Vouchers Lead to Sorting under Random Private-School Selection?
Evidence from the Milwaukee Voucher Program

Rajashri Chakrabarti

 
No. 380, July 2009

Why Are Banks Holding So Many Excess Reserves?

Todd Keister and James McAndrews

 
No. 381, July 2009

The Microstructure of a U.S. Treasury ECN: The BrokerTec Platform

Michael J. Fleming and Bruce Mizrach

 
No. 382, July 2009

The Shadow Banking System: Implications for Financial Regulation

Tobias Adrian and Hyun Song Shin

 
No. 383, August 2009

Gender and the Availability of Credit to Privately Held Firms:
Evidence from the Surveys of Small Business Finances

Rebel A. Cole and Hamid Mehran

 
No. 384, August 2009
Prestigious Stock Exchanges: A Network Analysis of International Financial Centers
Nicola Cetorelli and Stavros Peristiani
 
No. 385, August 2009
Credit Spreads and Monetary Policy
Vasco Cúrdia and Michael Woodford
 
No. 386, August 2009
Parsimonious Estimation with Many Instruments
Jan J. J. Groen and George Kapetanios
 
No. 387, August 2009
Commodity Prices, Commodity Currencies, and Global Economic Developments
Jan J. J. Groen and Paolo A. Pesenti
 
No. 388, August 2009
Real-Time Inflation Forecasting in a Changing World
Jan J. J. Groen, Richard Paap, and Francesco Ravazzolo
 
No. 389, September 2009
Liquidity Risk, Credit Risk, and the Federal Reserve’s Responses to the Crisis
Asani Sarkar
 
No. 390, September 2009
Bank Capital and Value in the Cross Section
Hamid Mehran and Anjan Thakor
 
No. 391, September 2009
Price-Increasing Competition: The Curious Case of Overdraft
versus Deferred Deposit Credit
Brian T. Melzer and Donald P. Morgan
 
No. 392, September 2009
Labor Market Pooling and Occupational Agglomeration
Todd M. Gabe and Jaison R. Abel
 
No. 393, September 2009
Capital Constraints, Counterparty Risk, and Deviations from Covered
Interest Rate Parity
Niall Coffey, Warren Hrung, and Asani Sarkar
 
No. 394, September 2009
The Dynamics of Automobile Expenditures
Adam Copeland
 
No. 395, September 2009
Are Market Makers Uninformed and Passive? Signing Trades in the Absence of Quotes
Michel van der Wel, Albert J. Menkveld, and Asani Sarkar