Digital Commons Network^™

Periodic Report: Update On Outstanding Lending Facilities Authorized By The Board Under Section 13(3) Of The Federal Reserve Act - June 9, 2020, Federal Reserve System: Board Of Governors

Documents

No abstract provided.

Study On The Financial Sector In Greece During The Economic Adjustment Programmes: 2010-2018, Oskar Andruszkiewicz, Juliette Mathis, Charu Wilkinson, Michalis Vassiliadis, Peppas Konstantinos, George Gatopoulos

Documents

study on Greece's various economic adjustment programs, their results, efficacy, and related programs

Mapbook Of Syntactic Variation In American English: Survey Results, 2015–2019, Jim Wood, Kaija Gahm, Ian Neidel, Sasha Lioutikova, Luke S. Lindemann, Lydia Lee, Josephine Holubkov

Yale Working Papers in Grammatical Diversity

This work presents the results of a series of acceptability judgment surveys conducted by the Yale Grammatical Diversity Project (YGDP) between 2015 and 2019. It contains over 200 maps of some 194 sentences, covering a wide range of syntactic constructions, including dative presentatives, personal datives, extended benefactives, the have yet to construction, the done my homework construction, wicked, hella, the so don’t I construction, the alls construction, the come with construction, fixin’ to, the needs washed construction, non-polarity anymore (aka “positive anymore”), and many others. For each sentence, we also provide some basic demographic information, such …

Towards Health Equity In Connecticut: The Role Of Social Inequality And The Impact Of Covid-19, Kelly Davila, Mark Abraham, Camille Seaberry

Reports

In January 2020, the first confirmed case of COVID-19 was reported in the United States, with Connecticut recording its first case by March 8. As of the time of writing, tens of thousands of Connecticut residents have tested positive for the illness, and thousands have died, with the true number of affected individuals likely being much higher. Early data indicate that Black, Latino, and Indigenous communities are experiencing disproportionately higher rates of infection and serious complications. In Connecticut, Black and Latino individuals have died at higher age-adjusted rates than white individuals, and nursing home residents account for more than half …

Covid-19 Forbearance Script For Servicer Use With Homeowners, Federal National Mortgage Association (Fannie Mae)

Documents

No abstract provided.

Covid-19 Script For Servicer Use With Homeowners, Federal Home Loan Mortgage Corporation (Freddie Mac)

Documents

No abstract provided.

Redefining Through Remembering: China’S Political Objectives As Reflected In Chinese State Commemoration Of The Korean War, 1950 - 2010, Yoojin Han

Student Work

A 2019-2020 Williams Prize for best essay in East Asian Studies was awarded to Yoojin Han (Berkeley College '20) for her essay submitted to the Department of History, "Redefining through Remembering: China’s Political Objectives as Reflected in Chinese State Commemoration of the Korean War, 1950 - 2010” (Denise Ho, Assistant Professor of History, advisor).

A highly analytical and engaging senior essay grounded in an impressive array of both primary and secondary sources, Yoojin Han’s thesis, “Redefining through Remembering: China’s Political Objectives as Reflected in Chinese State Commemoration of the Korea War,” utilizes Chinese “leadership speeches” made and published during …

Forecasting The Economy During Covid-19, Chase P. Ross, Sharon Y. Ross

Documents

No abstract provided.

Periodic Report: Update On Outstanding Lending Facilities Authorized By The Board Under Section 13(3) Of The Federal Reserve Act - May 23, 2020, Federal Reserve System: Board Of Governors

Documents

No abstract provided.

Increasing Distal-Proximal Temperature Gradient With Bed Socks To Improve Sleep In Analog Astronauts, Jessica Hockla

Yale School of Medicine Physician Associate Program Theses

Sleep quality and quantity in astronauts is a persistent problem, posing risks to mission success and crew safety. The prescription sleep aids used by astronauts to combat this issue have limited effectiveness. Furthermore, they may interfere with physical and cognitive function upon awakening, raising concerns about astronauts’ ability to respond in emergency situations. There is a need for an alternative effective sleep intervention to improve sleep in astronauts. Increasing the distal-proximal temperature gradient by warming the extremities has been shown to improve sleep. Therefore, we propose a randomized, crossover trial investigating the use of bed socks worn at bedtime to …

Video Colposcopy For Decreasing Anxiety In A Low-Income Setting, Jessica Zheng

Yale School of Medicine Physician Associate Program Theses

Cervical cancer is the fourth most common cancer and fourth most common cause of cancer-related death in women in the world. Current guidelines for cervical cancer screening recommend a Pap and/or human papillomavirus test and a follow-up colposcopy if particular abnormalities are discovered. In many patients, colposcopies cause significant levels of anxiety, adversely impacting patients’ pain tolerance and adherence to follow-up. Previous studies have shown mixed results on whether video colposcopy decreases this anxiety. Moreover, these effects have not been assessed in low-income communities who are disproportionally affected by cervical cancer. In this study, we will conduct a single blind …

The Quarterly Cares Act Report To Congress: Senate Hearing Before The Committee On Banking, Housing, And Urban Affairs, United States: Congress: Senate: Committee On Banking, Housing, And Urban Affairs

Documents

No abstract provided.

The First Report Of The Congressional Oversight Commission, United States: Congressional Oversight Commission

Documents

No abstract provided.

Fsma Announces The Suspension Of The Ban On Creating Or Increasing Net Short Positions, Belgium: Financial Services And Markets Authority (Fsma)

Documents

No abstract provided.

Frequently Asked Questions On The Temporary Ban On Net Short Positions Of 17 March 2020, Commissione Nazionale Per Le Societa E La Borsa (Consob)

Documents

No abstract provided.

Impacts Of The Fed Corporate Credit Facilities Through The Lenses Of Etfs And Cdx, Stefania Damico, Vamsidhar Kurakula, Stephen Lee

Documents

No abstract provided.

Regulatory Capital Rule: Temporary Exclusion Of U.S. Treasury Securities And Deposits At Federal Reserve Banks From The Supplementary Leverage Ratio For Depository Institutions, United States: Department Of The Treasury: Office Of The Comptroller Of The Currency (Occ), Federal Reserve System: Board Of Governors, United States: Federal Deposit Insurance Corporation (Fdic)

Documents

No abstract provided.

Multiproduct Intermediaries, Andrew Rhodes, Makoto Watanabe, Jidong Zhou

Cowles Foundation Discussion Papers

This paper develops a new framework for studying multiproduct intermediaries when consumers demand multiple products and face search frictions. We show that a multiproduct intermediary is profitable even when it does not improve consumer search efficiency. In its optimal product selection, it stocks high-value products exclusively to attract consumers to visit, then profits by selling non-exclusive products which are relatively cheap to buy from upstream suppliers. However, relative to the social optimum, the intermediary tends to be too big and stock too many products exclusively. As applications we use the framework to study the optimal design of a shopping mall, …

Liquidity Coverage Ratio Rule: Treatment Of Certain Emergency Facilities, U. S. Department Of The Treasury, Federal Reserve System, United States: Federal Deposit Insurance Corporation (Fdic)

Documents

Federal Register, Vol. 85, No. 88

Heimat Im Wartezimmer: Architecture, Identity, And Migration In A Socialist Model City, Holly Bushman

Masters of Environmental Design Theses

Eisenhüttenstadt, the first “socialist model city” designed and constructed in the German Democratic Republic (GDR), provides an opportunity to scrutinize the relationship between state conceptions of architectural design and national identity in the early 1950s. Known as Stalinstadt until 1961, the community was founded in eastern Brandenburg in 1950 as housing for workers at the nearby ironworks Eisenhüttenkombinat Ost “J. W. Stalin.” While its original masterplan by the architect Kurt Leucht indicates the stylistic preferences of the ruling Sozialistische Einheitspartei Deutschlands (Socialist Unity Party of Germany or SED), the city’s subsequent developments trace the changing economic and social conditions of …

Robust Identification Of Investor Beliefs, Xiaohong Chen, Lars P. Hansen, Peter G. Hansen

Cowles Foundation Discussion Papers

This paper develops a new method informed by data and models to recover information about investor beliefs. Our approach uses information embedded in forward-looking asset prices in conjunction with asset pricing models. We step back from presuming rational expectations and entertain potential belief distortions bounded by a statistical measure of discrepancy. Additionally, our method allows for the direct use of sparse survey evidence to make these bounds more informative. Within our framework, market-implied beliefs may differ from those implied by rational expectations due to behavioral/psychological biases of investors, ambiguity aversion, or omitted permanent components to valuation. Formally, we represent evidence …

Stability And Robustness In Misspecified Learning Models, Mira Frick, Ryota Iijima, Yuhta Ishii

Cowles Foundation Discussion Papers

We present an approach to analyze learning outcomes in a broad class of misspecified environments, spanning both single-agent and social learning. Our main results provide general criteria to determine—without the need to explicitly analyze learning dynamics—when beliefs in a given environment converge to some long-run belief either locally or globally (i.e., from some or all initial beliefs). The key ingredient underlying these criteria is a novel “prediction accuracy” ordering over subjective models that refines existing comparisons based on Kullback-Leibler divergence. We show that these criteria can be applied, first, to unify and generalize various convergence results in previously studied settings. …

Belief Convergence Under Misspecified Learning: A Martingale Approach, Mira Frick, Ryota Iijima, Yuhta Ishii

Cowles Foundation Discussion Papers

We present an approach to analyze learning outcomes in a broad class of misspecified environments, spanning both single-agent and social learning. We introduce a novel “prediction accuracy” order over subjective models, and observe that this makes it possible to partially restore standard martingale convergence arguments that apply under correctly specified learning. Based on this, we derive general conditions to determine when beliefs in a given environment converge to some long-run belief either locally or globally (i.e., from some or all initial beliefs). We show that these conditions can be applied, first, to unify and generalize various convergence results in previously …

Recursive Preferences, The Value Of Life, And Household Finance, Antoine Bommier, Daniel Harenberg, François Le Grand, Cormac O'Dea

Cowles Foundation Discussion Papers

We analyze lifecycle saving strategies using a recursive utility model calibrated to match empirical estimates for the value of a statistical life. We show that, with a positive value of life, risk aversion reduces savings and annuity purchase. Risk averse agents are willing to make an early death a not-so-adverse outcome by enjoying greater consumption when young and bequeathing wealth in case of death. We also find that greater risk aversion lowers stock market participation. We show that this model can rationalize low annuity demand while also matching empirically documented levels of wealth and private investments in stocks. Our findings …

Recursive Preferences, The Value Of Life, And Household Finance, Antoine Bommier, Daniel Harenberg, François Le Grand, Cormac O'Dea

Cowles Foundation Discussion Papers

We analyze lifecycle saving strategies using a recursive utility model calibrated to match empirical estimates of the value of a statistical life. The novelty of our approach is that we require preferences to be monotone with respect to first order stochastic dominance. The framework we use can disentangle risk aversion and the intertemporal elasticity and can feature a positive value of life without placing constraints on the value of the risk aversion parameter or the intertemporal elasticity of substitution. We show that, with a positive value of life, risk aversion reduces savings, decreases stock market participation and decreases annuity purchase. …

Belief Convergence Under Misspecified Learning: A Martingale Approach, Mira Frick, Ryota Iijima, Yuhta Ishii

Cowles Foundation Discussion Papers

We present an approach to analyze learning outcomes in a broad class of misspecified environments, spanning both single-agent and social learning. We introduce a novel “prediction accuracy” order over subjective models, and observe that this makes it possible to partially restore standard martingale convergence arguments that apply under correctly specified learning. Based on this, we derive general conditions to determine when beliefs in a given environment converge to some long-run belief either locally or globally (i.e., from some or all initial beliefs). We show that these conditions can be applied, first, to unify and generalize various convergence results in previously …

The Mortgage Market Has Caught The Virus, Mark Zandi, Laurie Goodman, Bob Ryan, Jim Parrott

Documents

No abstract provided.

Ssm And The Srb Accountability At European Level: Room For Improvements?, Jonathan Zeitlin, Filipe Brito Bastos

Documents

No abstract provided.

Federal Reserve Board Announces It Is Expanding The Scope And Eligibility For The Main Street Lending Program, Federal Reserve System: Board Of Governors

Documents

No abstract provided.

Federal Reserve Board Announces It Is Expanding The Scope And Eligibility For The Main Street Lending Program, Federal Reserve System: Board Of Governors

Documents

No abstract provided.