Risk, Return, and Volatility Feedback: A Bayesian Nonparametric Analysis
The authors examine the relationship between risk and return, an intensely scrutinized topic in finance. Their nonparametric approach allows for...
Archive
Home Hours in the United States and Europe
Lei Fang and Cara McDaniel. Working Paper 2014-5 (June). This paper documents the common decreasing trend in home hours for...
Sticky Price CPI Rose 2.9 Percent in May
The Atlanta Fed's sticky price consumer price index (CPI)--a weighted basket of items that change price relatively slowly--rose 2.9 percent...
Banking on the Financial Institutions as Gatekeepers
Because financial institutions play a central role in the payments industry, they are in the best position to keep out...
Brokers and Builders Paint a Fuzzy Picture
The Atlanta Fed's Construction and Real Estate Survey was mixed in May. Although builders indicated modest improvement in home sales...
Federal Reserve to Host Payment System Improvement Town Halls
The Federal Reserve Banks is hosting a series of Payment System Improvement Town Halls this month. The meetings are intended...
Southeast Manufacturing Rides a Wave in May
The important regional manufacturing sector continued its expansion last month, a welcome sign after a period of uneven performance. A...
Fischer Sworn In as Fed Governor
Stanley Fischer was sworn in on May 28 as a member of the Board of Governors of the Federal Reserve...
Economic and Financial Highlights: June 12, 2014
View the latest series of charts from our Economic & Financial Highlights page, including new data on consumer credit, light...
Army Strong and Economics
Military bases occupy a central role in national defense, but they also play a vital role in local economies. A...
