Banking Research

Financial Policy Working Papers

(formerly Banking and Policy Working Papers)

Financial Policy Working Papers of the Federal Reserve Bank of Minneapolis are preliminary materials circulated to stimulate discussion and comment. Unless otherwise stated, the opinions expressed are those of the author(s) and not necessarily those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System.

A Clarification of Certain Statistics Reported in "A Method for Improving the Benchmarks Used to Monitor ACH Returns"
by Richard M. Todd
Financial Policy Working Paper, August 2011

A Method for Improving the Benchmarks Used to Monitor ACH Returns
by Olivier Armantier, Michele Braun, Ron J. Feldman, Dennis Kuo, Mark Lueck, Richard M. Todd
Financial Policy Working Paper, March 2010

Published as Banking and Policy Working Papers:

The Friedman Rule Meets the Zero Interest Rate Bound
by Preston J. Miller
Banking and Policy Working Paper 6-04, April 2004

Alternative Nominal Anchors: A Welfare Comparison
by Jangryoul Kim
Banking and Policy Working Paper 4-03 (This draft: September 2003; First draft: June 2003), September 2003

Estimating and Forecasting Capital Gains With Quarterly Models
by Jangryoul Kim, Preston J. Miller, Larry Ozanne
Banking and Policy Working Paper 5-03, July 2003

Welfare Evaluation of Monetary Policy Rules in a Model with Nominal Rigidities
by Jangryoul Kim
Banking and Policy Working Paper 3-03, April 2003

Staggered Contracts Models of Business Cycle: How Much Nominal Rigidity Do We Have?
by Jangryoul Kim
Banking and Policy Working Paper 2-03 (This draft: February 2003; First draft: October 2002), February 2003

Contract Multiplier Revisited: Solving the Persistence Problem in a Model with Staggered Contracts
by Jangryoul Kim
Banking and Policy Working Paper 1-03 (This draft: February 2003; Second draft: March 2002; First draft: November 2000), February 2003

Are Banking Supervisory Data Useful for Macroeconomic Forecasts?
by Ron J. Feldman, Jangryoul Kim, Preston J. Miller
Banking and Policy Working Paper 1-02 (*Note: Working Paper 1-02 has been superseded by paper available on Contributions to Macroeconomics: Vol. 3: No. 1, Article 3.), February 2003

The Affordable Housing Shortage: Considering the Problem, Causes and Solutions
by Ron J. Feldman
Banking and Policy Working Paper 2-02, August 2002