Working Paper
The Dynamics of Ample Reserves
WP 26-34 – How monetary policy is implemented can have significant implications for the dynamics of the central bank’s balance sheet.
Featured Work
Working Paper
Are Fiscal Transfers Inflationary?
WP 26-23 – We assess the inflationary effects of fiscal transfers by leveraging advances in the identification of fiscal policy shocks within the recently proposed rotation-invariant time-varying structural vector autoregression.
Working Paper
International Currency Dominance
WP 26-21 – We propose a model of the international monetary system to study currency competition and the emergence of a dominant currency.
Speech
Thoughts on the U.S. Economy and the Year Ahead
Philadelphia Fed President and CEO Anna Paulson shared her perspective on economic issues at the 2026 Allied Social Science Associations Annual Meeting.