Center for Financial Innovation and Stability

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Center for Financial Innovation and Stability

The purpose of the Center for Financial Innovation and Stability is to improve knowledge of financial innovation and financial stability as well as the connection between the two, especially as it pertains to Federal Reserve policymaking.

Features

Image for The TARGET2 Settlement System in the Eurozone<br />March/April 2012

The TARGET2 Settlement System in the Eurozone
March/April 2012

Notes from the Vault
Gerald P. Dwyer
Much attention has been focused lately on the payment system in the eurozone, or TARGET2. How does the settlement system work, and what are the risks to individual countries' central banks that borrow and lend?
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Image for Sovereign Debt and Default <br />November/December 2011

Sovereign Debt and Default
November/December 2011

Notes from the Vault
Gerald P. Dwyer
The sovereign debt crisis in Europe has seen new developments almost every day. A conference at the Atlanta Fed examined the origins of the crisis, its larger implications, and what may happen in the coming year.
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Center for Quantitative Economic Research (CQER)

Fostering empirical research in economics and policy forecasting models

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