| Home > Research |
 |
| Global Economy |
| Our economists research and analyze global macroeconomics, trade, development, and other international economic issues relating to the New York Fed's core missions. |
| Features |
|
| Global Dimensions of the Financial Crisis The Federal Reserve Bank of New York hosted a conference on June 3 and 4, 2010, on the “Global Dimensions of the Financial Crisis.” |
|
|
|
| Industry-Specific Exchange Rates Time-series data, updated through October 2009, have been posted on US industry-specific exchange rates and industry trade exposures. The data for manufacturing and non-manufacturing industries are presented in two formats, spreadsheets and charts. These data are useful references for discussions of the real consequences of globalization and exchange rates. |
| Recent Articles |
|
 Central Bank Dollar Swap Lines and Overseas Dollar Funding CostsThis paper presents the developments in the dollar swap facilities through the end of 2009. By Linda Goldberg, Craig Kennedy, and Jason Miu, Economic Policy Review, Forthcoming |
|
|
|
 Financial Amplification of Foreign Exchange Risk PremiaThe authors provide supporting evidence for such theories by decomposing the U.S. dollar risk premium into components associated with macroeconomic fundamentals and a component associated with financial intermediaries’ balance sheets. By Tobias Adrian, Erkko Etula, and Jan J. J. Groen, Staff Reports 461, July 2010 |
|
|
|
| State-Dependent Pricing under Infrequent Information: A Unified Framework The authors characterize optimal state-dependent pricing rules under various forms of infrequent information. In all models, infrequent price changes arise from the existence of a lump-sum "menu cost." We entertain various alternatives for the source and nature of infrequent information. By Marco Bonomo, Carlos Carvalho, and René Garcia, Staff Reports 455, June 2010 |
|
|
|
| Global Banks and International Shock Transmission: Evidence from the Crisis The authors examine adverse liquidity shocks on main developed-country banking systems and their relationships to emerging markets across Europe, Asia, and Latin America, isolating loan supply from loan demand effects. By Nicola Cetorelli and Linda Goldberg, Staff Reports 446, May 2010 |
|
|
|
| Financial Amplification Mechanisms and the Federal Reserve’s Supply of Liquidity during the Crisis
The authors review the literature on financial amplification mechanisms and discuss the Federal Reserve’s interventions during different stages of the crisis in light of this literature. By Asani Sarkar and Jeffrey Shrader, Staff Reports 431, February 2010 |
|
|
|
| More ›› |
| Current Economic Indicators |
|
Foreign Exchange Rates  Monthly average values of the U.S. dollar against foreign currencies. 1 page / 11 kb |
|
|
|
|
International Long-Term Interest Rates Monthly averages values for international long-term interest rates. 1 page / 11 kb |
|
|
|
| Global Economic Indicators ›› |
|
|
|
| Industry Specific Exchange Rates ›› |
| Files in PDF format require ADOBE® READER® SOFTWARE |
