CLEVELAND, Ohio, Aug. 7 (TNSLrpt) -- The Federal Reserve Bank of Cleveland issued the following white paper (No. 26-19) on August 3, 2026 by Emanuele Brancati, Qingqing Cao, Raoul Minetti and Nicholas Jaehyun Yi entitled "Financial and Production Integration in the Macroeconomy."

Here is the abstract:

* * *

This paper studies how integration between the financial sector and production networks shapes business cycle transmission. We develop a dynam . . .

Click here for more information about our products