These papers by Philadelphia Fed economists, analysts, and visiting scholars represent preliminary research that is being circulated for discussion purposes.
The views expressed in these papers are solely those of the authors and should not be interpreted as reflecting the views of the Federal Reserve Bank of Philadelphia or Federal Reserve System.
20-20: Partisanship and Fiscal Policy in Economic Unions: Evidence from U.S. States by Gerald Carlino, Thorsten Drautzburg, Robert Inman, and Nicholas Zarra
(672.0 KB, 56 pages)
20-19: Central Bank Digital Currency: Central Banking for All? by Jesús Fernández-Villaverde, Daniel Sanches, Linda Schilling, and Harald Uhlig
(521.0 KB, 34 pages)
20-18: Extended Loan Terms and Auto Loan Default Risk by Xudong An, Larry Cordell, and Sharon Tang
(671.0 KB, 46 pages)
View all working papers from 2020