Working Papers

Comments welcome

• Exchange Rate Disconnect and the Trade Balance

  Martin Bodenstein (FRB), Nils Gornemann (FRB), Ignacio Presno (FRB)
  PDF

  First version: February 2024. This version: April 2024.

• Trade Costs and Inflation Dynamics

  Albert Queralto (FRB), Ricardo Reyes-Heroles (FRB), and Mikaël Scaramucci (FRB)

  Draft coming soon.

• Global Flight to Safety, Business Cycles, and the Dollar

  Martin Bodenstein (FRB), Nils Gornemann (FRB), Ignacio Presno (FRB), Andrea Prestipino (FRB), Albert Queralto (FRB), and Andrea Raffo (FR Minneapolis)
  LinkPDF

  First version: September 2023.

• Understanding Growth at Risk: A Markov-Switching Approach

  Dario Caldara (FRB), Danilo Cascaldi-Garcia (FRB), and Francesca Loria (FRB)

  First version: June 2020.