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SR 12-13FFIEC Statement on the Impact of Drought Conditions on Financial Institutions
On October 16, 2012, The Federal Financial Institutions Examination Council1 (“FFIEC”) issued a statement to assist financial institutions and their customers (members, in the case of credit unions) affected by severe drought conditions across much of the Midwest and southern portions of the United States. As a result of the 2012 drought, crop yields have […]
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Nevada’s Green Zone Initiative: A Comprehensive Systems Approach to the Challenges Facing America’s Veterans
A statewide veterans’ initiative in Nevada links service providers, veterans, elected officials, and community members to better reintegrate veterans into civilian environments, connect veterans to one another, and inform policy around veterans issues.
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Deep Neural Network Estimation in Panel Data Models
In this paper we study neural networks and their approximating power in panel data models. We provide asymptotic guarantees on deep feed-forward neural network estimation of the conditional mean, building on the work of Farrell et al. (2021), and explore latent patterns in the cross-section. We use the proposed estimators to forecast the progression of […]
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What’s It Like to Intern at the San Francisco Fed?
Godis Jackson, one of our 2019 summer interns, takes you behind the scenes at Bank headquarters.