White Papers

Going Entrepreneurial?  IPOs and New Firm Creation:  This is a working paper by Tania Babina, Paige Ouimet, and Rebecca Zarutskie of the Board of Governors of the Federal Reserve System released in February 2017.

The real effects of household debt in the short and long run:  This is a working paper by Marco Jacopo Lombardi, Madhusudan Mohanty and Ilhyock Shim of the Bank for International Settlements (BIS) released in January 2017.

The Future of Public Debt: This is a working paper by Stephen Cecchetti, M S Mohanty and Fabrizio Ampolli of the Bank for International Settlements (BIS) released in March 2010.  Their paper examines what current fiscal policy and expected future age-related spending imply for the path of debt/GDP ratios over the next several decades.