Details about Randall Wright

Workplace:

Department of Finance, Investment and Banking, School of Business, University of Wisconsin-Madison, (more information at EDIRC) Economics Department, University of Wisconsin-Madison, (more information at EDIRC)

Access statistics for papers by Randall Wright.

Last updated 2023-07-06. Update your information in the RePEc Author Service.

Short-id: pwr2

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Working Papers

2023

1. Diamond-Dybvig and Beyond: On the Instability of Banking
   FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (3)
   See also Journal Article Diamond–Dybvig and beyond: On the instability of banking, European Economic Review, Elsevier (2023) View citations (3) (2023)
2. Is Money Essential? An Experimental Approach
   Staff Working Papers, Bank of Canada
   Also in Working Paper, Federal Reserve Bank of Richmond (2021) View citations (1)

2022

3. Endogenous Liquidity and Capital Reallocation
   Staff Working Papers, Bank of Canada View citations (1)

2021

4. Market Freezes
   NBER Working Papers, National Bureau of Economic Research, Inc

2020

5. On the instability of banking and other financial intermediation
   BIS Working Papers, Bank for International Settlements
   Also in Working Papers, Swiss National Bank, Study Center Gerzensee (2019) View citations (6)
   Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft (2019) View citations (6)
6. Sticky Prices and Costly Credit
   Working Papers, University of Hawaii at Manoa, Department of Economics View citations (2)
   See also Journal Article STICKY PRICES AND COSTLY CREDIT, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2020) View citations (9) (2020)
7. Toxic Assets and Market Freezes
   Working Papers, Department of Economics, University of Missouri

2019

8. Cyclical Capital Reallocation
   2019 Meeting Papers, Society for Economic Dynamics View citations (2)
9. Frictional Capital Reallocation I: Ex Ante Heterogeneity
   Staff Working Papers, Bank of Canada
   See also Journal Article Frictional capital reallocation I: Ex ante heterogeneity, Journal of Economic Dynamics and Control, Elsevier (2018) View citations (12) (2018)
10. Intermediation in Markets for Goods and Markets for Assets
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (7)
    See also Journal Article Intermediation in markets for goods and markets for assets, Journal of Economic Theory, Elsevier (2019) View citations (9) (2019)
11. On the Instability of Banking and Financial Intermediation
    2019 Meeting Papers, Society for Economic Dynamics View citations (7)
    Also in Working Papers, Department of Economics, University of Missouri (2019) View citations (6)
12. Playing with Money
    Working Paper, Federal Reserve Bank of Richmond
    Also in 2019 Meeting Papers, Society for Economic Dynamics (2019) View citations (4)
    See also Journal Article Playing with money, Journal of Economic Behavior & Organization, Elsevier (2022) (2022)

2018

13. Corporate Finance and Monetary Policy
    Post-Print, HAL View citations (1)
    Also in 2016 Meeting Papers, Society for Economic Dynamics (2016) View citations (16)
    See also Journal Article Corporate Finance and Monetary Policy, American Economic Review, American Economic Association (2018) View citations (38) (2018)
14. Frictional Capital Reallocation II: Ex Post Heterogeneity
    2018 Meeting Papers, Society for Economic Dynamics View citations (12)

2017

15. Directed Search: A Guided Tour
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (40)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (40)
16. Modeling House Prices
    2017 Meeting Papers, Society for Economic Dynamics
17. Money and Credit: Theory and Applications
    IMF Working Papers, International Monetary Fund View citations (6)
18. Open Market Operations
    2017 Meeting Papers, Society for Economic Dynamics View citations (4)
    See also Journal Article Open market operations, Journal of Monetary Economics, Elsevier (2018) View citations (25) (2018)

2016

19. Are Prices Sticky and Does It Matter?
    Economic Policy Paper, Federal Reserve Bank of Minneapolis
20. Constructing Stategies in the Indefinitely Repeated Prisoner's Dilemma Game
    Purdue University Economics Working Papers, Purdue University, Department of Economics
21. Innovation and Growth with Frictions
    Economic Policy Paper, Federal Reserve Bank of Minneapolis View citations (2)
22. Monetary Mechanisms
    Working Papers, Department of Economics, University of Missouri View citations (10)
    See also Journal Article Monetary mechanisms, Journal of Economic Theory, Elsevier (2016) View citations (10) (2016)
23. The Effects of Monetary Policy and Other Announcements
    Working Papers, Department of Economics, University of Missouri View citations (2)

2015

24. Costly Credit and Sticky Prices
    Working Papers, University of Hawaii at Manoa, Department of Economics View citations (6)
25. Innovation and growth with financial, and other, frictions
    Working Paper Series, Victoria University of Wellington, School of Economics and Finance
    Also in Staff Working Papers, Bank of Canada (2011) View citations (22)
    Working Papers, Federal Reserve Bank of Minneapolis (2011) View citations (13)
    FRB Atlanta CQER Working Paper, Federal Reserve Bank of Atlanta (2013) View citations (3)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (20)
    See also Journal Article INNOVATION AND GROWTH WITH FINANCIAL, AND OTHER, FRICTIONS, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2017) View citations (3) (2017)
26. Macroeconomic Policy and Household Economics
    Economic Policy Paper, Federal Reserve Bank of Minneapolis View citations (1)
27. Money and Credit Redux
    Working Papers, Department of Economics, University of Missouri View citations (13)
    See also Journal Article Money and Credit Redux, Econometrica, Econometric Society (2016) View citations (28) (2016)

2014

28. A Simple Model of Price Dispersion and Price Rigidity
    2014 Meeting Papers, Society for Economic Dynamics View citations (1)
29. Marriage, Markets and Money: A Coasian Theory of Household Formation
    2014 Meeting Papers, Society for Economic Dynamics
    See also Journal Article MARRIAGE, MARKETS, AND MONEY: A COASIAN THEORY OF HOUSEHOLD FORMATION, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2016) (2016)
30. More on Middlemen: Equilibrium Entry and Efficiency in Intermediated Markets
    Working Paper Series, Federal Reserve Bank of Chicago View citations (5)
    See also Journal Article More on Middlemen: Equilibrium Entry and Efficiency in Intermediated Markets, Journal of Money, Credit and Banking, Blackwell Publishing (2015) View citations (19) (2015)
31. Search-Based Models of Money and Finance: An Integrated Approach
    Working Papers, Federal Reserve Bank of Minneapolis View citations (14)
    See also Journal Article Search-based models of money and finance: An integrated approach, Journal of Economic Theory, Elsevier (2016) View citations (28) (2016)

2013

32. Housing and Liquidity
    2013 Meeting Papers, Society for Economic Dynamics View citations (25)
    Also in 2012 Meeting Papers, Society for Economic Dynamics (2012) View citations (12)
    See also Journal Article Housing and Liquidity, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2015) View citations (25) (2015)
33. Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (39)
    See also Chapter Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity, NBER Chapters, National Bureau of Economic Research, Inc (2013) View citations (42) (2013)
    Journal Article Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity, NBER Macroeconomics Annual, University of Chicago Press (2014) View citations (42) (2014)

2012

34. Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    See also Journal Article Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2016) View citations (11) (2016)
35. Pledgability and Liquidity
    2012 Meeting Papers, Society for Economic Dynamics

2011

36. Buyers, Sellers and Middlemen: Variations on Search-Theoretic Themes
    2011 Meeting Papers, Society for Economic Dynamics View citations (7)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (7)
    See also Journal Article BUYERS, SELLERS, AND MIDDLEMEN: VARIATIONS ON SEARCH‐THEORETIC THEMES, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2014) View citations (4) (2014)
37. Buyers, sellers and middlemen: variations in search theory
    Working Papers, Federal Reserve Bank of Minneapolis View citations (6)
38. Endogenous Credit Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    Also in 2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (3)
    Working Papers, Federal Reserve Bank of Minneapolis (2011) View citations (2)
    Working Papers, Department of Economics, University of Missouri (2010) View citations (3)
    See also Journal Article Endogenous Credit Cycles, Journal of Political Economy, University of Chicago Press (2013) View citations (85) (2013)
39. Homework in Monetary Economics: Inflation and House Prices
    2011 Meeting Papers, Society for Economic Dynamics
40. Liquidity and Asset Market Dynamics
    2011 Meeting Papers, Society for Economic Dynamics View citations (1)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2010) View citations (5)
    See also Journal Article Liquidity and asset-market dynamics, Journal of Monetary Economics, Elsevier (2013) View citations (61) (2013)
41. Sticky Prices: A New Monetarist Approach
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    Also in Working Papers, Federal Reserve Bank of Minneapolis (2011) View citations (6)
    See also Journal Article STICKY PRICES: A NEW MONETARIST APPROACH, Journal of the European Economic Association, European Economic Association (2012) View citations (63) (2012)

2010

42. Equilibrium Price Dispersion and Rigidity: A New Monetarist Approach
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (5)
43. Indivisibilities, Lotteries and Sunspot Equilibria
    Levine's Working Paper Archive, David K. Levine View citations (10)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (1991) View citations (1)
    See also Journal Article Indivisibilities, Lotteries, and Sunspot Equilibria, Economic Theory, Springer (1993) View citations (47) (1993)
44. Information, Liquidity, Asset Prices and Monetary Policy, Second Version
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania
45. Introduction to the macroeconomic dynamics: special issues on money, credit, and liquidity
    Working Paper Series, Federal Reserve Bank of Chicago View citations (1)
    See also Journal Article INTRODUCTION TO THE MACROECONOMIC DYNAMICS SPECIAL ISSUES ON MONEY, CREDIT, AND LIQUIDITY, Macroeconomic Dynamics, Cambridge University Press (2011) (2011)
46. New Monetarist Economics: Methods
    MPRA Paper, University Library of Munich, Germany View citations (56)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2010) View citations (26)
    See also Journal Article New monetarist economics: methods, Review, Federal Reserve Bank of St. Louis (2010) View citations (27) (2010)
47. New Monetarist Economics: Models
    MPRA Paper, University Library of Munich, Germany View citations (103)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2010) View citations (47)
    See also Chapter New Monetarist Economics: Models, Handbook of Monetary Economics, Elsevier (2010) View citations (109) (2010)
48. Sticky Prices?
    2010 Meeting Papers, Society for Economic Dynamics View citations (4)
49. Summer workshop on money, banking, payments and finance: an overview
    Working Paper Series, Federal Reserve Bank of Chicago

2009

50. Adverse Selection in Competitive Search Equilibrium
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
    Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (14)
    See also Journal Article Adverse Selection in Competitive Search Equilibrium, Econometrica, Econometric Society (2010) View citations (206) (2010)
51. Banking: a mechanism design approach
    Working Papers, Federal Reserve Bank of Philadelphia View citations (10)
    Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (5)
52. Inflation and unemployment in the long run
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (44)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (12)
    2008 Meeting Papers, Society for Economic Dynamics (2008) View citations (10)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2008) View citations (25)
    See also Journal Article Inflation and Unemployment in the Long Run, American Economic Review, American Economic Association (2011) View citations (121) (2011)
53. Money and capital: a quantitative analysis
    Working Papers, Federal Reserve Bank of St. Louis View citations (6)
54. “On the ‘Hot Potato Effect’ of Inflation: Intensive versus Extensive Marginsâ€
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (12)

2008

55. Information, Liquidity and Asset Prices
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (18)
56. Labor Market Fluctuations in the Small and in the Large
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Journal Article Labor market fluctuations in the small and in the large, International Journal of Economic Theory, The International Society for Economic Theory (2009) View citations (6) (2009)
57. Money, Banking, and Monetary Policy
    2008 Meeting Papers, Society for Economic Dynamics View citations (50)
    See also Journal Article Money, banking, and monetary policy, Journal of Monetary Economics, Elsevier (2008) View citations (56) (2008)

2007

58. A model of money and credit, with application to the credit card debt puzzle
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (9)
    Also in 2006 Meeting Papers, Society for Economic Dynamics (2006) View citations (23)
    See also Journal Article A Model of Money and Credit, with Application to the Credit Card Debt Puzzle, The Review of Economic Studies, Review of Economic Studies Ltd (2008) View citations (142) (2008)
59. Inflation and Unemployment in General Equilibrium
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara View citations (12)
    See also Journal Article Inflation and Unemployment in General Equilibrium, Scandinavian Journal of Economics, Wiley Blackwell (2007) View citations (11) (2007)
60. Inflation and unemployment: Lagos-Wright meets Mortensen-Pissarides
    2007 Meeting Papers, Society for Economic Dynamics View citations (6)
61. Money and capital
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (18)
    See also Journal Article Money and capital, Journal of Monetary Economics, Elsevier (2011) View citations (68) (2011)
62. When is Money Essential? A Comment on Aliprantis, Camera and Puzzello
    Levine's Bibliography, UCLA Department of Economics View citations (6)

2006

63. Equilibrium Wage Dispersion: An Example
    2006 Meeting Papers, Society for Economic Dynamics View citations (3)
    See also Journal Article Equilibrium Wage Dispersion: An Example, The B.E. Journal of Macroeconomics, De Gruyter (2006) View citations (3) (2006)
64. General Equilibrium with NonConvexities, Sunspots and Money
    2006 Meeting Papers, Society for Economic Dynamics View citations (2)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2005) View citations (3)
    Working Papers, Cornell University, Center for Analytic Economics (2005) View citations (1)
65. Liquidity and the Market for Ideas
    2006 Meeting Papers, Society for Economic Dynamics View citations (2)

2005

66. Alternative Theories of Wage Dispersion
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (3)
    Also in Working Papers ERMES, ERMES, University Paris 2 (2005)
    See also Journal Article Alternative theories of wage dispersion, European Economic Review, Elsevier (2006) View citations (39) (2006)
    Chapter Alternative Theories of Wage Dispersion, Contributions to Economic Analysis, Emerald Group Publishing Limited (2006) (2006)
67. Wage Dispersion: An Example
    Working Papers ERMES, ERMES, University Paris 2

2004

68. A unified framework for monetary theory and policy analysis
    Staff Report, Federal Reserve Bank of Minneapolis View citations (9)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2002) View citations (99)
    See also Journal Article A Unified Framework for Monetary Theory and Policy Analysis, Journal of Political Economy, University of Chicago Press (2005) View citations (1061) (2005)
69. Money in search equilibrium, in competitive equilibrium, and in competitive search equilibrium
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (1)
    Also in Levine's Bibliography, UCLA Department of Economics (2003) View citations (7)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2003) View citations (83)
    See also Journal Article Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium, Econometrica, Econometric Society (2005) View citations (502) (2005)
70. Search-Theoretic Models of the Labor Market-A Survey
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (52)
71. The business cycle and the life cycle
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (47)
    See also Chapter The Business Cycle and the Life Cycle, NBER Chapters, National Bureau of Economic Research, Inc (2005) View citations (53) (2005)

2003

72. An On-the-Job Search Model of Crime, Inequality, and Unemployment
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (50)
    See also Journal Article AN ON-THE-JOB SEARCH MODEL OF CRIME, INEQUALITY, AND UNEMPLOYMENT, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2004) View citations (56) (2004)
73. Crime, Inequality, and Unemployment, Second Version
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (64)
    See also Journal Article Crime, Inequality, and Unemployment, American Economic Review, American Economic Association (2003) View citations (121) (2003)
74. Inflation and Welfare in Models with Trading Frictions
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (9)
75. Search, Money and Capital: A Neoclassical Dichotomy, Second Version
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (22)

2002

76. A simple search model of money with heterogeneous agents and partial acceptability
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
    See also Chapter A simple search model of money with heterogeneous agents and partial acceptability, Studies in Economic Theory, Springer (2006) (2006)
    Journal Article A simple search model of money with heterogeneous agents and partial acceptability, Economic Theory, Springer (2004) View citations (15) (2004)
77. Dynamics, cycles and sunspot equilibria in \"genuinely dynamic, fundamentally disaggregative\" models of money
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (8)
    See also Journal Article Dynamics, cycles, and sunspot equilibria in 'genuinely dynamic, fundamentally disaggregative' models of money, Journal of Economic Theory, Elsevier (2003) View citations (63) (2003)
78. Indivisibilities, Lotteries, and Monetary Exchange
    MPRA Paper, University Library of Munich, Germany View citations (56)
    See also Journal Article Indivisibilities, Lotteries, and Monetary Exchange, Journal of Economic Theory, Elsevier (2002) View citations (64) (2002)
79. Price setting, price dispersion, and the value of money - or - The law of two prices
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
    See also Journal Article Price setting, price dispersion, and the value of money: or, the law of two prices, Journal of Monetary Economics, Elsevier (2004) View citations (36) (2004)
80. Search, money and capital: a neoclassical dichotomy
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (7)
    See also Journal Article Search, money, and capital: a neoclassical dichotomy, Proceedings, Federal Reserve Bank of Cleveland (2003) View citations (42) (2003)

2000

81. Generalized search-theoretic models of monetary exchange
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (3)
    See also Journal Article Generalized search-theoretic models of monetary exchange, Journal of Monetary Economics, Elsevier (2001) View citations (19) (2001)

1998

82. A note on purifying mixed strategy equilibria in the search-theoretic model of fiat money
    Working Papers, Federal Reserve Bank of Philadelphia
83. Pricing with frictions
    Working Papers, Federal Reserve Bank of Philadelphia View citations (14)

1997

84. A model of commodity money, with applications to Gresham's Law and the debasement puzzle
    Working Paper Series, Macroeconomic Issues, Federal Reserve Bank of Chicago View citations (2)
    Also in CARESS Working Papres, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences View citations (3)
    Staff Report, Federal Reserve Bank of Minneapolis (1997) View citations (2)
    See also Journal Article A Model of Commodity Money, with Applications to Gresham's Law and the Debasement Puzzle, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (1999) View citations (52) (1999)
85. A note on purifying mixed strategy equilibria in the search model of money
    Working Papers (Old Series), Federal Reserve Bank of Cleveland

1996

86. Coexistence of money and interest-bearing securities
    Working Papers, Federal Reserve Bank of Minneapolis View citations (75)
    See also Journal Article Coexistence of money and interest-bearing securities, Journal of Monetary Economics, Elsevier (1996) View citations (80) (1996)
87. On money as a medium of exchange when goods vary by supply and demand
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (1)
    Also in CARESS Working Papres, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences View citations (7)
    See also Journal Article MONEY AS A MEDIUM OF EXCHANGE WHEN GOODS VARY BY SUPPLY AND DEMAND, Macroeconomic Dynamics, Cambridge University Press (1997) View citations (8) (1997)

1995

88. An equilibrium model of the business cycle with household production and fiscal policy
    Staff Report, Federal Reserve Bank of Minneapolis View citations (17)
    See also Journal Article An Equilibrium Model of the Business Cycle with Household Production and Fiscal Policy, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1997) View citations (349) (1997)
89. Toward a theory of international currency: a step further
    Working Papers, Federal Reserve Bank of Philadelphia View citations (2)

1994

90. Dynamic bargaining theory
    Staff Report, Federal Reserve Bank of Minneapolis View citations (5)
91. Estimating substitution elasticities in household production models
    Staff Report, Federal Reserve Bank of Minneapolis View citations (17)
    See also Journal Article Estimating Substitution Elasticities in Household Production Models, Economic Theory, Springer (1995) View citations (159) (1995)
92. Two-sided search
    Staff Report, Federal Reserve Bank of Minneapolis View citations (7)
    See also Journal Article Two-Sided Search with Nontransferable Utility, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (1998) View citations (57) (1998)

1993

93. Household Production in Real Business Cycle Thoery
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) View citations (47)
94. Household production and taxation in the stochastic growth model
    Staff Report, Federal Reserve Bank of Minneapolis View citations (24)

1991

95. A discussion of Cooley and Hansen's \\"welfare costs of moderate inflations.\\"
    Staff Report, Federal Reserve Bank of Minneapolis
96. A note on labor contracts with private information and household production
    Staff Report, Federal Reserve Bank of Minneapolis View citations (1)
97. Barter and Monetary Exchange Under Private Information
    University of Western Ontario, Departmental Research Report Series, University of Western Ontario, Department of Economics
    Also in Staff Report, Federal Reserve Bank of Minneapolis (1991) View citations (34)
    University of Western Ontario, The Centre for the Study of International Economic Relations Working Papers, University of Western Ontario, The Centre for the Study of International Economic Relations (1991) View citations (2)
    See also Journal Article Barter and Monetary Exchange under Private Information, American Economic Review, American Economic Association (1994) View citations (102) (1994)
98. Homework in macroeconomics: household production and aggregate fluctuations
    Staff Report, Federal Reserve Bank of Minneapolis View citations (594)
    See also Journal Article Homework in Macroeconomics: Household Production and Aggregate Fluctuations, Journal of Political Economy, University of Chicago Press (1991) View citations (629) (1991)
99. More on money as a medium of exchange
    Staff Report, Federal Reserve Bank of Minneapolis View citations (5)
    See also Journal Article More on Money as a Medium of Exchange, Economic Theory, Springer (1993) View citations (43) (1993)
100. Why is automobile insurance in Philadelphia so damn expensive?
     Staff Report, Federal Reserve Bank of Minneapolis
     See also Journal Article Why Is Automobile Insurance in Philadelphia So Damn Expensive?, American Economic Review, American Economic Association (1992) View citations (34) (1992)

1990

101. HOMEWORK IN MACROECONOMICS I: BASIC THEORY
     Working Papers, C.V. Starr Center for Applied Economics, New York University View citations (11)
102. HOMEWORK IN MACROECONOMICS II: AGGREGATE FLUCTUATIONS
     Working Papers, C.V. Starr Center for Applied Economics, New York University View citations (8)
103. Homework in Macoreconomics I: Basic Theory (Part I of II)
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
104. SEARCH FOR A THEORY OF MONEY
     Working papers, Wisconsin Madison - Social Systems View citations (5)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (1990) View citations (5)
105. Search for a Theory of Money (Now published as 'A Search-Theoretic Approach to Monetary Economics' in The American Economic Review, vol.83, No.1, (March 1993), pp.63-77.)
     STICERD - Theoretical Economics Paper Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE

1989

106. A contribution to the pure theory of money
     Staff Report, Federal Reserve Bank of Minneapolis View citations (7)
     See also Journal Article A contribution to the pure theory of money, Journal of Economic Theory, Elsevier (1991) View citations (176) (1991)

1988

107. FIAT MONEY IN SEARCH EQUILIBRIUM
     Working papers, Wisconsin Madison - Social Systems View citations (2)

Undated

108. A Dynamic Equilibrium Model of Search, Bargaining, and Money
     CARESS Working Papres, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences View citations (4)
     See also Journal Article A Dynamic Equilibrium Model of Search, Bargaining, and Money, Journal of Economic Theory, Elsevier (1998) View citations (57) (1998)

Journal Articles

2023

1. Diamond–Dybvig and beyond: On the instability of banking
   European Economic Review, 2023, 154, (C) View citations (3)
   See also Working Paper Diamond-Dybvig and Beyond: On the Instability of Banking, FRB Atlanta Working Paper (2023) View citations (3) (2023)
2. General Equilibrium with Multiple Liquid Assets
   Review of Economic Dynamics, 2023, 51, 267-291
   See also Software Item Code and data files for "General Equilibrium with Multiple Liquid Assets", Computer Codes (2023) (2023)

2022

3. Playing with money
   Journal of Economic Behavior & Organization, 2022, 200, (C), 1221-1239
   See also Working Paper Playing with Money, Working Paper (2019) (2019)

2021

4. Asset pricing in monetary economies
   Journal of International Money and Finance, 2021, 115, (C) View citations (3)
5. Directed Search and Competitive Search Equilibrium: A Guided Tour
   Journal of Economic Literature, 2021, 59, (1), 90-148 View citations (46)

2020

6. Frictional Capital Reallocation with Ex Post Heterogeneity
   Review of Economic Dynamics, 2020, 37 Supplement 1, S227-S253 View citations (7)
   See also Software Item Code and data files for "Frictional Capital Reallocation with Ex Post Heterogeneity", Computer Codes (2020) (2020)
7. Frictional Goods Markets: Theory and Applications
   The Review of Economic Studies, 2020, 87, (2), 691-720 View citations (21)
8. STICKY PRICES AND COSTLY CREDIT
   International Economic Review, 2020, 61, (1), 37-70 View citations (9)
   See also Working Paper Sticky Prices and Costly Credit, Working Papers (2020) View citations (2) (2020)
9. THE EFFECTS OF NEWS WHEN LIQUIDITY MATTERS
   International Economic Review, 2020, 61, (4), 1411-1435 View citations (2)

2019

10. Intermediation in markets for goods and markets for assets
    Journal of Economic Theory, 2019, 183, (C), 876-906 View citations (9)
    See also Working Paper Intermediation in Markets for Goods and Markets for Assets, FRB Atlanta Working Paper (2019) View citations (7) (2019)
11. On Complicated Dynamics in Simple Monetary Models
    Journal of Money, Credit and Banking, 2019, 51, (6), 1433-1453 View citations (2)

2018

12. Corporate Finance and Monetary Policy
    American Economic Review, 2018, 108, (4-5), 1147-86 View citations (38)
    See also Working Paper Corporate Finance and Monetary Policy, Post-Print (2018) View citations (1) (2018)
13. Frictional capital reallocation I: Ex ante heterogeneity
    Journal of Economic Dynamics and Control, 2018, 89, (C), 100-116 View citations (12)
    See also Working Paper Frictional Capital Reallocation I: Ex Ante Heterogeneity, Staff Working Papers (2019) (2019)
14. On the future of macroeconomics: a New Monetarist perspective
    Oxford Review of Economic Policy, 2018, 34, (1-2), 107-131 View citations (8)
15. Open market operations
    Journal of Monetary Economics, 2018, 98, (C), 114-128 View citations (25)
    See also Working Paper Open Market Operations, 2017 Meeting Papers (2017) View citations (4) (2017)

2017

16. A new suggestion for simplifying the theory of money
    Journal of Economic Theory, 2017, 172, (C), 423-450 View citations (7)
17. INNOVATION AND GROWTH WITH FINANCIAL, AND OTHER, FRICTIONS
    International Economic Review, 2017, 58, (1), 95-125 View citations (3)
    See also Working Paper Innovation and growth with financial, and other, frictions, Working Paper Series (2015) (2015)
18. Liquidity: A New Monetarist Perspective
    Journal of Economic Literature, 2017, 55, (2), 371-440 View citations (142)

2016

19. Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes
    Review of Economic Dynamics, 2016, 21, 105-124 View citations (11)
    See also Working Paper Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes, NBER Working Papers (2012) View citations (17) (2012)
    Software Item Code and data files for "Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes", Computer Codes (2014) (2014)
20. Introduction to the Special Issue in Honor of Dale Mortensen
    Review of Economic Dynamics, 2016, 19, 1-3
21. Introduction to the symposium issue on money and liquidity
    Journal of Economic Theory, 2016, 164, (C), 1-9 View citations (1)
22. MARRIAGE, MARKETS, AND MONEY: A COASIAN THEORY OF HOUSEHOLD FORMATION
    International Economic Review, 2016, 57, (2), 337-368
    See also Working Paper Marriage, Markets and Money: A Coasian Theory of Household Formation, 2014 Meeting Papers (2014) (2014)
23. Monetary mechanisms
    Journal of Economic Theory, 2016, 163, (C), 644-657 View citations (10)
    See also Working Paper Monetary Mechanisms, Working Papers (2016) View citations (10) (2016)
24. Money and Credit Redux
    Econometrica, 2016, 84, 1-32 View citations (28)
    See also Working Paper Money and Credit Redux, Working Papers (2015) View citations (13) (2015)
25. Search-based models of money and finance: An integrated approach
    Journal of Economic Theory, 2016, 164, (C), 10-31 View citations (28)
    See also Working Paper Search-Based Models of Money and Finance: An Integrated Approach, Working Papers (2014) View citations (14) (2014)
26. Venture Capital: A Model of Search and Bargaining
    Review of Economic Dynamics, 2016, 19, 232-246 View citations (19)

2015

27. Housing and Liquidity
    Review of Economic Dynamics, 2015, 18, (3), 435-455 View citations (25)
    See also Software Item Code and data files for "Housing and Liquidity", Computer Codes (2014) (2014)
    Working Paper Housing and Liquidity, 2013 Meeting Papers (2013) View citations (25) (2013)
28. More on Middlemen: Equilibrium Entry and Efficiency in Intermediated Markets
    Journal of Money, Credit and Banking, 2015, 47, (S2), 7-37 View citations (19)
    See also Working Paper More on Middlemen: Equilibrium Entry and Efficiency in Intermediated Markets, Working Paper Series (2014) View citations (5) (2014)

2014

29. BUYERS, SELLERS, AND MIDDLEMEN: VARIATIONS ON SEARCH‐THEORETIC THEMES
    International Economic Review, 2014, 55, (2), 375-397 View citations (4)
    See also Working Paper Buyers, Sellers and Middlemen: Variations on Search-Theoretic Themes, 2011 Meeting Papers (2011) View citations (7) (2011)
30. Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity
    NBER Macroeconomics Annual, 2014, 28, (1), 227 - 270 View citations (42)
    See also Working Paper Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity, NBER Working Papers (2013) View citations (39) (2013)
    Chapter Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity, NBER Chapters, 2013, 227-270 (2013) View citations (42) (2013)

2013

31. Banking: A New Monetarist Approach
    The Review of Economic Studies, 2013, 80, (2), 636-662 View citations (73)
32. Endogenous Credit Cycles
    Journal of Political Economy, 2013, 121, (5), 940 - 965 View citations (85)
    See also Working Paper Endogenous Credit Cycles, NBER Working Papers (2011) View citations (9) (2011)
33. Liquidity and asset-market dynamics
    Journal of Monetary Economics, 2013, 60, (2), 275-294 View citations (61)
    See also Working Paper Liquidity and Asset Market Dynamics, 2011 Meeting Papers (2011) View citations (1) (2011)

2012

34. Information, Liquidity, Asset Prices, and Monetary Policy
    The Review of Economic Studies, 2012, 79, (3), 1209-1238 View citations (184)
35. STICKY PRICES: A NEW MONETARIST APPROACH
    Journal of the European Economic Association, 2012, 10, (5), 939-973 View citations (63)
    See also Working Paper Sticky Prices: A New Monetarist Approach, NBER Working Papers (2011) View citations (13) (2011)

2011

36. INTRODUCTION TO THE MACROECONOMIC DYNAMICS SPECIAL ISSUES ON MONEY, CREDIT, AND LIQUIDITY
    Macroeconomic Dynamics, 2011, 15, (S1), 1-9
    See also Working Paper Introduction to the macroeconomic dynamics: special issues on money, credit, and liquidity, Working Paper Series (2010) View citations (1) (2010)
37. Inflation and Unemployment in the Long Run
    American Economic Review, 2011, 101, (1), 371-98 View citations (121)
    See also Working Paper Inflation and unemployment in the long run, IEW - Working Papers (2009) View citations (44) (2009)
38. Information and Liquidity
    Journal of Money, Credit and Banking, 2011, 43, 355-377 View citations (57)
    Also in Journal of Money, Credit and Banking, 2011, 43, (s2), 355-377 (2011) View citations (3)
39. Money and capital
    Journal of Monetary Economics, 2011, 58, (2), 98-116 View citations (68)
    See also Working Paper Money and capital, Working Papers (Old Series) (2007) View citations (18) (2007)
40. ON THE “HOT POTATO” EFFECT OF INFLATION: INTENSIVE VERSUS EXTENSIVE MARGINS
    Macroeconomic Dynamics, 2011, 15, (S2), 191-216 View citations (14)

2010

41. A uniqueness proof for monetary steady state
    Journal of Economic Theory, 2010, 145, (1), 382-391 View citations (39)
42. Adverse Selection in Competitive Search Equilibrium
    Econometrica, 2010, 78, (6), 1823-1862 View citations (206)
    See also Working Paper Adverse Selection in Competitive Search Equilibrium, NBER Working Papers (2009) View citations (16) (2009)
43. Introduction to Search Theory and Applications
    Journal of Economic Theory, 2010, 145, (4), 1319-1324 View citations (3)
44. New monetarist economics: methods
    Review, 2010, 92, (May), 265-302 View citations (27)
    See also Working Paper New Monetarist Economics: Methods, MPRA Paper (2010) View citations (56) (2010)
45. On the multiplicity of monetary equilibria: Green-Zhou meets Lagos-Wright
    Journal of Economic Theory, 2010, 145, (1), 392-401 View citations (29)
46. Search and the market for ideas
    Journal of Economic Theory, 2010, 145, (4), 1550-1573 View citations (40)

2009

47. A conference on liquidity in frictional markets
    Policy Discussion Papers, 2009, (May)
48. Labor market fluctuations in the small and in the large
    International Journal of Economic Theory, 2009, 5, (1), 125-137 View citations (6)
    See also Working Paper Labor Market Fluctuations in the Small and in the Large, NBER Working Papers (2008) View citations (1) (2008)

2008

49. A Model of Money and Credit, with Application to the Credit Card Debt Puzzle
    The Review of Economic Studies, 2008, 75, (2), 629-647 View citations (142)
    See also Working Paper A model of money and credit, with application to the credit card debt puzzle, Working Papers (Old Series) (2007) View citations (9) (2007)
50. General equilibrium with nonconvexities and money
    Journal of Economic Theory, 2008, 142, (1), 294-317 View citations (31)
51. Introduction to monetary and macro economics
    Journal of Economic Theory, 2008, 142, (1), 1-4 View citations (1)
52. Money, banking, and monetary policy
    Journal of Monetary Economics, 2008, 55, (6), 1013-1024 View citations (56)
    See also Working Paper Money, Banking, and Monetary Policy, 2008 Meeting Papers (2008) View citations (50) (2008)

2007

53. AN INTERVIEW WITH PETER DIAMOND
    Macroeconomic Dynamics, 2007, 11, (4), 543-565 View citations (3)
54. Inflation and Unemployment in General Equilibrium
    Scandinavian Journal of Economics, 2007, 109, (4), 837-855 View citations (11)
    See also Working Paper Inflation and Unemployment in General Equilibrium, University of California at Santa Barbara, Economics Working Paper Series (2007) View citations (12) (2007)
55. The 2006 Summer Workshop on Money, Banking, and Payments: an overview
    Policy Discussion Papers, 2007, (Apr)
56. The 2007 Summer Workshop on Money, Banking and Payments: an overview
    Policy Discussion Papers, 2007, (Dec)

2006

57. Alternative theories of wage dispersion
    European Economic Review, 2006, 50, (4), 831-848 View citations (39)
    See also Working Paper Alternative Theories of Wage Dispersion, PIER Working Paper Archive (2005) View citations (3) (2005)
    Chapter Alternative Theories of Wage Dispersion, Contributions to Economic Analysis, 2006, 61-82 (2006) (2006)
58. Equilibrium Wage Dispersion: An Example
    The B.E. Journal of Macroeconomics, 2006, 6, (2), 18 View citations (3)
    See also Working Paper Equilibrium Wage Dispersion: An Example, 2006 Meeting Papers (2006) View citations (3) (2006)
59. The 2005 Summer Workshop on Money, Banking, and Payments: an overview
    Policy Discussion Papers, 2006, (Mar)

2005

60. A Unified Framework for Monetary Theory and Policy Analysis
    Journal of Political Economy, 2005, 113, (3), 463-484 View citations (1061)
    See also Working Paper A unified framework for monetary theory and policy analysis, Staff Report (2004) View citations (9) (2004)
61. Commentary on \\"the cyclicality of hires, separations, and job-to-job transitions\\"
    Review, 2005, 87, (Jul), 509-512
62. INTRODUCTION TO "MODELS OF MONETARY ECONOMIES II: THE NEXT GENERATION"
    International Economic Review, 2005, 46, (2), 305-316 View citations (9)
63. Introduction to \\"Models of Monetary Economies II: The Next Generation\\"
    Quarterly Review, 2005, 29, (Oct), 2-9 View citations (9)
64. MONEY AND BANKING IN SEARCH EQUILIBRIUM
    International Economic Review, 2005, 46, (2), 637-670 View citations (158)
65. Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium
    Econometrica, 2005, 73, (1), 175-202 View citations (502)
    See also Working Paper Money in search equilibrium, in competitive equilibrium, and in competitive search equilibrium, Working Papers (Old Series) (2004) View citations (1) (2004)
66. Recent developments in monetary economics: a summary of the 2004 Workshop on Money, Banking, and Payments
    Policy Discussion Papers, 2005, (Jan)

2004

67. A simple search model of money with heterogeneous agents and partial acceptability
    Economic Theory, 2004, 24, (4), 877-885 View citations (15)
    See also Chapter A simple search model of money with heterogeneous agents and partial acceptability, Studies in Economic Theory, 2006, 223-232 (2006) (2006)
    Working Paper A simple search model of money with heterogeneous agents and partial acceptability, Working Papers (Old Series) (2002) (2002)
68. AN ON-THE-JOB SEARCH MODEL OF CRIME, INEQUALITY, AND UNEMPLOYMENT
    International Economic Review, 2004, 45, (3), 681-706 View citations (56)
    See also Working Paper An On-the-Job Search Model of Crime, Inequality, and Unemployment, PIER Working Paper Archive (2003) View citations (50) (2003)
69. Price setting, price dispersion, and the value of money: or, the law of two prices
    Journal of Monetary Economics, 2004, 51, (8), 1599-1621 View citations (36)
    See also Working Paper Price setting, price dispersion, and the value of money - or - The law of two prices, Working Papers (Old Series) (2002) (2002)
70. Unstable Relationships
    The B.E. Journal of Macroeconomics, 2004, 1, (1), 44 View citations (26)

2003

71. Crime, Inequality, and Unemployment
    American Economic Review, 2003, 93, (5), 1764-1777 View citations (121)
    See also Working Paper Crime, Inequality, and Unemployment, Second Version, PIER Working Paper Archive (2003) View citations (64) (2003)
72. Directed Matching and Monetary Exchange
    Econometrica, 2003, 71, (3), 731-756 View citations (67)
73. Dynamics, cycles, and sunspot equilibria in 'genuinely dynamic, fundamentally disaggregative' models of money
    Journal of Economic Theory, 2003, 109, (2), 156-171 View citations (63)
    See also Working Paper Dynamics, cycles and sunspot equilibria in \"genuinely dynamic, fundamentally disaggregative\" models of money, Working Papers (Old Series) (2002) View citations (8) (2002)
74. Search, money, and capital: a neoclassical dichotomy
    Proceedings, 2003, 1085-1117 View citations (42)
    See also Working Paper Search, money and capital: a neoclassical dichotomy, Working Papers (Old Series) (2002) View citations (7) (2002)

2002

75. Competitive Pricing and Efficiency in Search Equilibrium
    International Economic Review, 2002, 43, (1), 1-20 View citations (147)
76. Indivisibilities, Lotteries, and Monetary Exchange
    Journal of Economic Theory, 2002, 107, (1), 70-94 View citations (64)
    See also Working Paper Indivisibilities, Lotteries, and Monetary Exchange, MPRA Paper (2002) View citations (56) (2002)
77. Matching and Money
    American Economic Review, 2002, 92, (2), 67-71 View citations (31)

2001

78. Cigarette Money
    Journal of Economic Theory, 2001, 99, (1-2), 117-142 View citations (23)
79. Generalized search-theoretic models of monetary exchange
    Journal of Monetary Economics, 2001, 48, (3), 605-622 View citations (19)
    See also Working Paper Generalized search-theoretic models of monetary exchange, Working Papers (Old Series) (2000) View citations (3) (2000)
80. International Currency
    The B.E. Journal of Macroeconomics, 2001, 1, (1), 17 View citations (20)
81. Pricing and Matching with Frictions
    Journal of Political Economy, 2001, 109, (5), 1060-1085 View citations (429)

2000

82. Homework in Development Economics: Household Production and the Wealth of Nations
    Journal of Political Economy, 2000, 108, (4), 680-687 View citations (156)
83. Homework in labor economics: Household production and intertemporal substitution
    Journal of Monetary Economics, 2000, 46, (3), 557-579 View citations (80)
84. The search-theoretic approach to monetary economics: a primer
    Economic Review, 2000, (Q IV), 10-28 View citations (22)

1999

85. A Model of Commodity Money, with Applications to Gresham's Law and the Debasement Puzzle
    Review of Economic Dynamics, 1999, 2, (1), 291-323 View citations (52)
    See also Working Paper A model of commodity money, with applications to Gresham's Law and the debasement puzzle, Working Paper Series, Macroeconomic Issues (1997) View citations (2) (1997)
86. A note on asymmetric and mixed strategy equilibria in the search-theoretic model of fiat money
    Economic Theory, 1999, 14, (2), 463-471 View citations (6)
87. Comment on Inside and Outside Money as Alternative Media of Exchange
    Journal of Money, Credit and Banking, 1999, 31, (3), 461-68 View citations (4)
88. Household production and development
    Economic Review, 1999, (Q III), 21-35 View citations (4)
89. Introduction to the Special Issue on Search, Matching and Related Topics
    International Economic Review, 1999, 40, (4), 803-08

1998

90. A Dynamic Equilibrium Model of Search, Bargaining, and Money
    Journal of Economic Theory, 1998, 78, (1), 32-54 View citations (57)
    See also Working Paper A Dynamic Equilibrium Model of Search, Bargaining, and Money, CARESS Working Papres View citations (4)
91. Government Transaction Policy, Media of Exchange, and Prices
    Journal of Economic Theory, 1998, 81, (2), 290-313 View citations (71)
92. INTERVIEW WITH DAVID CASS
    Macroeconomic Dynamics, 1998, 2, (4), 533-558 View citations (4)
93. Two-Sided Search with Nontransferable Utility
    Review of Economic Dynamics, 1998, 1, (1), 220-245 View citations (57)
    See also Working Paper Two-sided search, Staff Report (1994) View citations (7) (1994)

1997

94. An Equilibrium Model of the Business Cycle with Household Production and Fiscal Policy
    International Economic Review, 1997, 38, (2), 267-90 View citations (349)
    See also Working Paper An equilibrium model of the business cycle with household production and fiscal policy, Staff Report (1995) View citations (17) (1995)
95. MONEY AS A MEDIUM OF EXCHANGE WHEN GOODS VARY BY SUPPLY AND DEMAND
    Macroeconomic Dynamics, 1997, 1, (4), 680-700 View citations (8)
    See also Working Paper On money as a medium of exchange when goods vary by supply and demand, Economics Working Papers (1996) View citations (1) (1996)

1996

96. Coexistence of money and interest-bearing securities
    Journal of Monetary Economics, 1996, 37, (3), 397-419 View citations (80)
    See also Working Paper Coexistence of money and interest-bearing securities, Working Papers (1996) View citations (75) (1996)
97. Search-theoretic models of international currency
    Proceedings, 1996, 78, (May), 117-132 View citations (18)
    Also in Review, 1996, 78, (May), 117-132 (1996) View citations (12)
98. Taxes, redistribution, and growth
    Journal of Public Economics, 1996, 62, (3), 327-338 View citations (13)

1995

99. Estimating Substitution Elasticities in Household Production Models
    Economic Theory, 1995, 6, (1), 179-93 View citations (159)
    See also Working Paper Estimating substitution elasticities in household production models, Staff Report (1994) View citations (17) (1994)
100. Information, sticky prices and macroeconomic foundations: commentary
     Review, 1995, (May), 119-124
     Also in Proceedings, 1995, (May), 119-124 (1995)
101. Search, Bargaining, Money, and Prices
     Journal of Political Economy, 1995, 103, (1), 118-41 View citations (348)
102. Search, evolution, and money
     Journal of Economic Dynamics and Control, 1995, 19, (1-2), 181-206 View citations (46)

1994

103. A Note on Sunspot Equilibria in Search Models of Fiat Money
     Journal of Economic Theory, 1994, 64, (1), 234-241 View citations (12)
104. Barter and Monetary Exchange under Private Information
     American Economic Review, 1994, 84, (1), 104-23 View citations (102)
     See also Working Paper Barter and Monetary Exchange Under Private Information, University of Western Ontario, Departmental Research Report Series (1991) (1991)

1993

105. A Search-Theoretic Approach to Monetary Economics
     American Economic Review, 1993, 83, (1), 63-77 View citations (471)
106. A dynamic equilibrium model of search, production, and exchange
     Journal of Economic Dynamics and Control, 1993, 17, (5-6), 723-758 View citations (31)
107. Indivisibilities, Lotteries, and Sunspot Equilibria
     Economic Theory, 1993, 3, (1), 1-17 View citations (47)
     See also Working Paper Indivisibilities, Lotteries and Sunspot Equilibria, Levine's Working Paper Archive (2010) View citations (10) (2010)
108. More on Money as a Medium of Exchange
     Economic Theory, 1993, 3, (2), 297-314 View citations (43)
     See also Working Paper More on money as a medium of exchange, Staff Report (1991) View citations (5) (1991)
109. Putting home economics into macroeconomics
     Quarterly Review, 1993, 17, (Sum), 2-11 View citations (8)
110. Search, Bargaining, Money and Prices: Recent Results and Policy Implications
     Journal of Money, Credit and Banking, 1993, 25, (3), 558-76 View citations (13)
     Also in Proceedings, 1993, 558-584 (1993) View citations (15)

1992

111. Acceptability, means of payment, and media of exchange
     Quarterly Review, 1992, 16, (Sum), 18-21 View citations (2)
112. The Role of Household Production in Models of Involuntary Unemployment and Underemployment
     Canadian Journal of Economics, 1992, 25, (3), 507-20 View citations (11)
113. The labor market in real business cycle theory
     Quarterly Review, 1992, 16, (Spr), 2-12 View citations (66)
114. Why Is Automobile Insurance in Philadelphia So Damn Expensive?
     American Economic Review, 1992, 82, (4), 756-72 View citations (34)
     See also Working Paper Why is automobile insurance in Philadelphia so damn expensive?, Staff Report (1991) (1991)

1991

115. A contribution to the pure theory of money
     Journal of Economic Theory, 1991, 53, (2), 215-235 View citations (176)
     See also Working Paper A contribution to the pure theory of money, Staff Report (1989) View citations (7) (1989)
116. Homework in Macroeconomics: Household Production and Aggregate Fluctuations
     Journal of Political Economy, 1991, 99, (6), 1166-87 View citations (629)
     See also Working Paper Homework in macroeconomics: household production and aggregate fluctuations, Staff Report (1991) View citations (594) (1991)
117. Subsidization and Stabilization: Optimal Employment Policy under Aggregate Uncertainty
     International Economic Review, 1991, 32, (2), 513-28 View citations (2)
118. The Welfare Costs of Moderate Inflations: Comment
     Journal of Money, Credit and Banking, 1991, 23, (3), 513-18 View citations (3)
119. The effects of risk on efficient labor contracts
     Finnish Economic Papers, 1991, 4, (1), 2-9 View citations (2)
120. The labor market implications of unemployment insurance and short-term compensation
     Quarterly Review, 1991, 15, (Sum), 11-19 View citations (2)

1989

121. On Money as a Medium of Exchange
     Journal of Political Economy, 1989, 97, (4), 927-54 View citations (859)
122. Optimal firm size, taxes, and unemployment
     Journal of Public Economics, 1989, 39, (3), 275-287 View citations (39)
123. Unemployment Insurance and Short-Time Compensation: The Effects on Layoffs, Hours per Worker, and Wages
     Journal of Political Economy, 1989, 97, (6), 1479-96 View citations (133)

1988

124. Involuntary unemployment in economies with efficient risk sharing
     Journal of Monetary Economics, 1988, 22, (3), 501-515 View citations (76)
125. The Observational Implications of Labor Contracts in a Dynamic General Equilibrium Model
     Journal of Labor Economics, 1988, 6, (4), 530-51 View citations (6)

1987

126. Market structure and competitive equilibrium in dynamic economic models
     Journal of Economic Theory, 1987, 41, (1), 189-201 View citations (19)
127. Search, Layoffs, and Reservation Wages
     Journal of Labor Economics, 1987, 5, (3), 354-65 View citations (10)
128. Unemployment Insurance, Taxes, and Unemployment
     Canadian Journal of Economics, 1987, 20, (1), 36-54 View citations (4)

1986

129. Job Search and Cyclical Unemployment
     Journal of Political Economy, 1986, 94, (1), 38-55 View citations (22)
130. The redistributive roles of unemployment insurance and the dynamics of voting
     Journal of Public Economics, 1986, 31, (3), 377-399 View citations (84)

Chapters

2013

1. Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity
   A chapter in NBER Macroeconomics Annual 2013, Volume 28, 2013, pp 227-270 View citations (42)
   See also Working Paper Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity, National Bureau of Economic Research, Inc (2013) View citations (39) (2013)
   Journal Article Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity, University of Chicago Press (2014) View citations (42) (2014)

2010

2. New Monetarist Economics: Models
   Chapter 02 in Handbook of Monetary Economics, 2010, vol. 3, pp 25-96 View citations (109)
   See also Working Paper New Monetarist Economics: Models, University Library of Munich, Germany (2010) View citations (103) (2010)

2006

3. A simple search model of money with heterogeneous agents and partial acceptability
   Springer
   See also Journal Article A simple search model of money with heterogeneous agents and partial acceptability, Springer (2004) View citations (15) (2004)
   Working Paper A simple search model of money with heterogeneous agents and partial acceptability, Federal Reserve Bank of Cleveland (2002) (2002)
4. Alternative Theories of Wage Dispersion
   A chapter in Structural Models of Wage and Employment Dynamics, 2006, pp 61-82
   See also Working Paper Alternative Theories of Wage Dispersion, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2005) View citations (3) (2005)
   Journal Article Alternative theories of wage dispersion, Elsevier (2006) View citations (39) (2006)

2005

5. The Business Cycle and the Life Cycle
   A chapter in NBER Macroeconomics Annual 2004, Volume 19, 2005, pp 415-592 View citations (53)
   See also Working Paper The business cycle and the life cycle, Federal Reserve Bank of Cleveland (2004) View citations (47) (2004)

2000

6. Estimating the Intertemporal Elasticity of Substitution in a Model with Household Production: Implications for Macroeconomics
   A chapter in Panel Data and Structural Labour Market Models, 2000, pp 171-195

Software Items

2023

1. Code and data files for "General Equilibrium with Multiple Liquid Assets"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article General Equilibrium with Multiple Liquid Assets, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2023) (2023)

2020

2. Code and data files for "Frictional Capital Reallocation with Ex Post Heterogeneity"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Frictional Capital Reallocation with Ex Post Heterogeneity, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2020) View citations (7) (2020)

2014

3. Code and data files for "Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2016) View citations (11) (2016)
4. Code and data files for "Housing and Liquidity"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Housing and Liquidity, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2015) View citations (25) (2015)

Editor

1. International Economic Review
   Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association