Banking and Policy Studies Working Papers

Working papers in the Banking and Policy Studies unit of the Federal Reserve Bank of Minneapolis are preliminary materials circulated to stimulate discussion and comment. Unless otherwise stated, the opinions expressed are those of the author(s) and not necessarily those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System.

• The Friedman Rule Meets the Zero Interest Rate Bound, Jangryoul Kim and Preston Miller, Working Paper 6-04, April 2004
• Estimating and Forecasting Capital Gains With Quarterly Models, Jangryoul Kim, Preston Miller and Larry Ozanne, Working Paper
  5-03, July 2003
• Alternative Nominal Anchors: A Welfare Comparison, Jangryoul Kim, Working Paper 4-03, September 2003
• Welfare Evaluation of Monetary Policy Rules in a Model with Nominal Rigidities, Jangryoul Kim, Working Paper 3-03, April 2003
  
• Staggered Contracts Models of Business Cycle: How Much
  Nominal Rigidity Do We Have?, Jangryoul Kim, Working Paper
  2-03, February 2003
  
• Contract Multiplier Revisited: Solving the Persistence Problem
  in a Model with Staggered Contracts, Jangryoul Kim, Working Paper 1-03, February 2003
  
• Are Banking Supervisory Data Useful for Macroeconomic Forecasts? (Abstract) by Ron Feldman, Jangryoul Kim, Preston Miller, Jason Schmidt, Working Paper 1-02 has been superseded by paper available on Contributions to Macroeconomics:
  Vol. 3: No. 1, Article 3.
  
• The Affordable Housing Shortage: Considering the Problem, Causes and Solutions by Ron Feldman, Working Paper 2-02 (August 2002)