Doug McNair has done extensive writing and editing work for the Office of Financial Research (OFR), US Department of the Treasury. He has worked on the OFR’s annual reports, research briefs, working papers, blog posts, and press releases.

OFR Annual Reports

• Office of Financial Research (OFR). (2023, November 30). Office of Financial Research 2023 annual report to Congress. Washington, DC: OFR, US Department of the Treasury.
• Office of Financial Research (OFR). (2023, January 12). Office of Financial Research 2022 annual report to Congress. Washington, DC: OFR, US Department of the Treasury.

OFR Research Briefs

• Doolittle, T., & Fliegelman, A. (2023, August 24). Work-from-home and the future consolidation of the U.S. commercial real estate office sector: The decline of regional malls may provide insight (OFR Brief no. 23-03). Office of Financial Research Brief Series. https://www.financialresearch.gov/briefs/2023/08/24/work-from-home-and-commercial-real-estate/
• Hempel, S. J., Kahn, R. J., Mann, R., & Paddrik, M. (2023, May 12). Why is so much repo not centrally cleared? (OFR Brief no. 23-01). Office of Financial Research Brief Series. https://www.financialresearch.gov/briefs/2023/05/12/why-is-so-much-repo-not-centrally-cleared/
• Ilabaca, F. E., & Nguyen, V. (2023, May 30). An early look into digital assets regulatory data (OFR Brief no. 23-02). Office of Financial Research Brief Series. https://www.financialresearch.gov/briefs/2023/05/30/an-early-look-into-digital-assets-regulatory-data/

OFR Working Papers

• Bejarano, J. (2023, June 27). The transition to alternative reference rates in the OFR Financial Stress Index (OFR Working Paper no. 23-07). https://www.financialresearch.gov/working-papers/2023/06/27/transition-alternative-reference-rates-in-ofr-financial-stress-index/
• Chen, W., & Phelan, G. (2023, March 22). Digital currency and banking sector stability (OFR Working Paper no. 23-01). https://www.financialresearch.gov/working-papers/2023/03/22/digital-currency-and-banking-sector-stability/
• Eisenbach, T. M., & Phelan, G. (2023, April 3). Fragility of safe assets (OFR Working Paper no. 23-02). https://www.financialresearch.gov/working-papers/2023/04/03/fragility-of-safe-assets/
• Kahn, R. J., McCormick, M., Nguyen, V., Paddrik, M., & Young, H. P. (2023, April 25). Anatomy of the repo rate spikes in September 2019 (OFR Working Paper no. 23-04). https://www.financialresearch.gov/working-papers/2023/04/25/anatomy-of-the-repo-rate-spikes-in-september-2019/
• L’Huillier, J-P., & Phelan, G. (2023, April 20). Can supply shocks be inflationary with a flat Phillips curve? (OFR Working Paper no. 23-03). https://www.financialresearch.gov/working-papers/2023/04/20/can-supply-shocks-be-inflationary-with-a-flat-phillips-curve/
• Phelan, G., L’Huillier, J-P., & Wieman, H. (2023, June 12). Technology shocks and predictable Minsky cycles (OFR Working Paper no. 23-06). https://www.financialresearch.gov/working-papers/2023/06/12/technology-shocks-and-predictable-minsky-cycles/
• Phelan, G., & Love, D. (2023, May 16). Sustainability with risky growth (OFR Working Paper no. 23-05). https://www.financialresearch.gov/working-papers/2023/05/16/sustainability-with-risky-growth/
• Ruchti, R. Barardehi, Y., Bird, A., & Karolyi, S. A. (2023, October 11). Are short-selling restrictions effective? (OFR Working Paper no. 23-08). https://www.financialresearch.gov/working-papers/2023/10/11/are-short-selling-restrictions-effective/

OFR Blog Posts

• Chiella, D., Hamandi, H., & Leung, R. (2023, March 7). Five risk areas that financial regulators should watch in 2023. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2023/03/07/five-risk-areas-that-financial-regulators-should-watch-in-2023/
• Doolittle, T., & Fliegelman, A. (2023, June 1). Five office sector metrics to watch. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2023/06/01/five-office-sector-metrics-to-watch/
• Doolittle, T., Fliegelman, A., Leung, R. (2023, March 23). Risk spotlight: Risk from the real estate market is limited, but changes in occupancy and prices may increase the risk. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2023/03/23/risk-from-the-real-estate-market/
• Hempel, S. J., Kahn, R. J., Mann, R., & Paddrik, M. (2022, December 5). OFR’s pilot provides unique window into the non-centrally cleared bilateral repo market. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2022/12/05/fr-sheds-light-on-dark-corner-of-the-repo-market/
• Hempel, S. J., Kahn, R. J., Mann, R., & Paddrik, M. (2023, May 12). Why is so much repo not centrally cleared? The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2023/05/12/why-is-so-much-repo-not-centrally-cleared/
• Ilabaca, F. E., & Nguyen, V. (2023, May 30). OFR data analysis shows high growth, high concentration in digital asset market. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2023/05/30/data-analysis-shows-high-growth-high-concentration-in-digital-asset-market/
• Kahn, R. J., McCormick, M., Nguyen, V., Paddrik, M., & Young, H. P. (2023, April 25). OFR identifies factors that may have contributed to the 2019 spike in repo rates. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2023/04/25/ofr-identifies-factors-that-may-have-contributed-to-the-2019-spike-in-repo-rates/ 
• Miller, W. (2023, February 28). OFR announces events for new and aspiring PhD scholars. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2023/02/28/ofr-announces-event-for-new-and-aspiring-phd-scholars/
• Office of Financial Research (OFR). (2023, August 31). Twelve years of promoting financial stability. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2023/08/31/twelve-years-of-promoting-financial-stability/
• Phelan, G., & Chen, W. (2023, March 22). Digital currency may increase household welfare, lower volatility but post risks to banks. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2023/03/22/digital-currency-may-increase-uousehold-welfare/
• Phelan, G., & Eisenbach, T. (2023, April 3). OFR models one theory on the cause of March 2020’s Treasury market fragility. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2023/04/03/ofr-models-one-theory-on-the-cause-of-march-2020s-treasury-market-fragility/
• Phelan, G., & L’Huillier, J-P. (2023, April 20). OFR creates model justifying long-held view about inflation determinants. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2023/04/20/ofr-creates-model-justifying-long-held-view-about-inflation-determinants/
• Phelan, G., & Love, D. (2023, May 16). Threats to sustainability stem particularly from factors that stymie growth and have high levels of risk. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2023/05/16/threats-to-sustainability-stem/
• Ruchti, T., Barardehi, Y., Bird, A., & Karolyi, S. A. (2023, October 11). Limiting short selling during periods of individual stock stress reduces volatility and raises prices. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2023/10/11/are-short-selling-restrictions-effective/
• Yamarthy, R., & Alquist, R. (2022, December 27). Hedge fund activities can influence the U.S. Treasury yield curve. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2022/12/27/hedge-fund-activities-can-influence-the-us-treasury-yield-curve/ 
• Young, P. (2023, February 13). Risk spotlight: Central counterparties—Lessons learned from LME’s nickel market closure. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2023/02/13/central-counterparties-lessons-learned-from-lmes-nickel-market-closure/
• Zhao, K. (2023, February 7). Risk spotlight: OFR identifies three ways DeFi growth could threaten financial stability. The OFR Blog. https://www.financialresearch.gov/the-ofr-blog/2023/02/07/ofr-identifies-three-ways-defi-growth-could-threaten-financial-stability/

OFR Press Releases

• Office of Financial Research (OFR). (2023, January 5). Office of Financial Research releases proposal to collect data on certain repo transactions [Press release]. https://www.financialresearch.gov/press-releases/2023/01/05/office-of-financial-research-releases-proposal-to-collect-data-on-certain-repo-transactions/
• Office of Financial Research (OFR). (2023, January 12). OFR finds elevated threats to U.S. financial stability due to inflation, tighter credit, and geopolitical uncertainties [Press release]. https://www.financialresearch.gov/press-releases/2023/01/12/ofr-finds-elevated-threats-to-u-s-financial-stability/
• Office of Financial Research (OFR). (2023, April 6). OFR advances data-and-analytics platform following successful pilot [Press release]. https://www.financialresearch.gov/press-releases/2023/04/06/ofr-advances-data-and-analytics-platform-following-successful-pilot/
• Office of Financial Research (OFR). (2023, June 8). OFR’s 2023 interagency data inventory catalogs more than 500 data collections [Press release]. https://www.financialresearch.gov/press-releases/2023/06/08/OFR-s-2023-interagency-data-inventory-catalogs-more-than-500-data-collections/
• Office of Financial Research (OFR). (2023, June 27). OFR updates financial stress index with alternative reference rate indicators [Press release]. https://www.financialresearch.gov/press-releases/2023/06/27/ofr-updates-financial-stress-index-with-alternative-reference-rate-indicators/
• Office of Financial Research (OFR). (2023, July 11). OFR announces call for paper for October 2023 PhD Symposium [Press release]. https://www.financialresearch.gov/press-releases/2023/07/11/call-for-papers-october-2023-phd-symposium/
• Office of Financial Research (OFR). (2023, July 28). Office of Financial Research launches join analysis data environment for FSOC [Press release]. https://www.financialresearch.gov/press-releases/2023/07/28/office-of-financial-research-launches-joint-analysis-data-environment-for-fsoc/
• Office of Financial Research (OFR). (2023, August 31). OFR launches LinkedIn page to raise awareness of financial stability risks [Press release]. https://www.financialresearch.gov/press-releases/2023/08/31/ofr-launches-linkedin-page/