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by members of

Research Department
Federal Reserve Bank of Philadelphia
Philadelphia, Pennsylvania (United States)

These are publications listed in RePEc written by members of the above institution who are registered with the RePEc Author Service. Thus this compiles the works all those currently affiliated with this institutions, not those affilated at the time of publication. List of registered members. Register yourself. This page is updated in the first days of each month.
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Working papers

Undated material is listed at the end

2014

  1. Chatterjee, Satyajit & Eyigungor, Burcu, 2014. "Continuous Markov equilibria with quasi-geometric discounting," Working Papers 14-6, Federal Reserve Bank of Philadelphia.
  2. Benjamin Lester & Ludo Visschers & Ronald Wolthoff, 2014. "Meeting Technologies and Optimal Trading Mechanisms in Competitive Search Markets," Working Papers tecipa-508, University of Toronto, Department of Economics.
  3. Lester, Benjamin & Rocheteau, Guillaume & Weill, Pierre-Olivier, 2014. "Competing for order flow in OTC markets," Working Papers 14-9, Federal Reserve Bank of Philadelphia.
  4. D'Erasmo, Pablo & Moscoso Boedo, Herman J. & Senkal, Asli, 2014. "Misallocation, informality, and human capital: understanding the role of institutions," Working Papers 14-11, Federal Reserve Bank of Philadelphia.
  5. Corbae, Dean & D'Erasmo, Pablo, 2014. "Capital requirements in a quantitative model of banking industry dynamics," Working Papers 14-13, Federal Reserve Bank of Philadelphia.
  6. Decker, Ryan & D'Erasmo, Pablo & Moscoso Boedo, Herman J., 2014. "Market exposure and endogenous firm volatility over the business cycle," Working Papers 14-12, Federal Reserve Bank of Philadelphia.
  7. Croushore, Dean & Marsten, Katherine, 2014. "The continuing power of the yield spread in forecasting recessions," Working Papers 14-5, Federal Reserve Bank of Philadelphia.

2013

  1. Satyajit Chatterjee & Burcu Eyigungor, 2013. "Do supply restrictions raise the value of urban land? The (neglected) role of production externalities," Working Papers 13-37, Federal Reserve Bank of Philadelphia.
  2. Burcu Eyigungor & Satyajit Chatterjee, 2013. "Evaluating the Welfare Effects of International Bankruptcy Regimes in a Political Economy Model," 2013 Meeting Papers 645, Society for Economic Dynamics.
  3. Armenter, Roc, 2013. "The perils of nominal targets," Working Papers 14-2, Federal Reserve Bank of Philadelphia.
  4. Makoto Nakajima & Irina A. Telyukova, 2013. "Housing in Retirement Across Countries," Working Papers, Center for Retirement Research at Boston College wp2013-18, Center for Retirement Research.
  5. Nakajima, Makoto, 2013. "A tale of two commitments: equilibrium default and temptation," Working Papers 14-1, Federal Reserve Bank of Philadelphia.
  6. Shigeru Fujita & Giuseppe Moscarini, 2013. "Recall and Unemployment," NBER Working Papers 19640, National Bureau of Economic Research, Inc.
  7. Marina Azzimonti, 2013. "Polarized business cycles," Working Papers 13-44, Federal Reserve Bank of Philadelphia.
  8. Marina Azzimonti, 2013. "The political polarization index," Working Papers 13-41, Federal Reserve Bank of Philadelphia.
  9. Benjamin Lester & Ludo Visschers & Ronald Wolthoff, 2013. "Competing with asking prices," Working Papers 13-07, Federal Reserve Bank of Philadelphia.
  10. Pablo D`Erasmo, 2013. "Access to Credit and the Size of the Formal Sector in Brazil," Research Department Publications IDB-WP-404, Inter-American Development Bank, Research Department.
  11. Pablo D'Erasmo & Enrique G. Mendoza, 2013. "Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default," NBER Working Papers 19477, National Bureau of Economic Research, Inc.
  12. Pablo D'Erasmo & Bora Durdu & Emine Boz, 2013. "Sovereign Default Risk and Bank Balance Sheets," 2013 Meeting Papers 1045, Society for Economic Dynamics.
  13. Siddharth Kothari & Itay Saporta Eksten & Edison Yu, 2013. "Online Appendix to "The (Un)importance of Geographical Mobility in the Great Recession"," Technical Appendices 12-205, Review of Economic Dynamics.
  14. Edison G. Yu, 2013. "Dynamic market participation and endogenous information aggregation," Working Papers 13-42, Federal Reserve Bank of Philadelphia.
  15. Jeffrey C. Brinkman, 2013. "Congestion, agglomeration, and the structure of cities," Working Papers 13-25, Federal Reserve Bank of Philadelphia.

2012

  1. Satyajit Chatterjee & Burcu Eyigungor, 2012. "Debt dilution and seniority in a model of defaultable sovereign debt," Working Papers 12-14, Federal Reserve Bank of Philadelphia.
  2. Satyajit Chatterjee & Felicia Ionescu, 2012. "Insuring student loans against the financial risk of failing to complete college," Working Papers 12-15, Federal Reserve Bank of Philadelphia.
  3. Satyajit Chatterjee & Burcu Eyigungor, 2012. "A tractable circular city model with an application to the effects of development constraints on land rents," Working Papers 12-25, Federal Reserve Bank of Philadelphia.
  4. Burcu Eyigungor & Satyajit Chatterjee, 2012. "Supply Constraints and Land Prices in Growing Cities: The Role of Agglomeration Economies," 2012 Meeting Papers 1124, Society for Economic Dynamics.
  5. Joseph P. Hughes & Loretta J. Mester, 2012. "A primer on market discipline and governance of financial institutions for those in a state of shocked disbelief," Working Papers 12-13, Federal Reserve Bank of Philadelphia.
  6. Viktoria Hnatkovska & Roc Armenter, 2012. "The Macroeconomics of Firms' Savings," 2012 Meeting Papers 803, Society for Economic Dynamics.
  7. Roc Armenter, 2012. "On the timing of monetary policy reform," Working Papers 13-04, Federal Reserve Bank of Philadelphia.
  8. George Alessandria & Joseph Kaboski & Virgiliu Midrigan, 2012. "Trade Wedges, Inventories, and International Business Cycles," NBER Working Papers 18191, National Bureau of Economic Research, Inc.
  9. Virgiliu Midrigan & Joe Kaboski & George Alessandria, 2012. "Trade, Inventories, and International Business Cycles," 2012 Meeting Papers 762, Society for Economic Dynamics.
  10. Nils Gornemann & Keith Kuester & Makoto Nakajima, 2012. "Monetary policy with heterogeneous agents," Working Papers 12-21, Federal Reserve Bank of Philadelphia.
  11. Irina Telyukova & Makoto Nakajima, 2012. "Housing in Retirement: A Cross-Country Analysis," 2012 Meeting Papers 887, Society for Economic Dynamics.
  12. Shigeru Fujita & Garey Ramey, 2012. "Exogenous vs. endogenous separation," Working Papers 12-2, Federal Reserve Bank of Philadelphia.
  13. Marina Azzimonti & Eva de Francisco & Vincenzo Quadrini, 2012. "Financial globalization, inequality, and the raising of public debt," Working Papers 12-6, Federal Reserve Bank of Philadelphia.
  14. Kyungmin Kim & Benjamin Lester & Braz Camargo, 2012. "Subsidizing Price Discovery," 2012 Meeting Papers 338, Society for Economic Dynamics.
  15. Ronald Wolthoff & Lodewijk Visschers & Benjamin Lester, 2012. "Asking Prices and Inspection Goods," 2012 Meeting Papers 792, Society for Economic Dynamics.
  16. Ronald Wolthoff & Benjamin Lester, 2012. "Interviews and the Assignment of Workers to Jobs," 2012 Meeting Papers 631, Society for Economic Dynamics.
  17. Hernan J. Moscoso-Boedo & Pablo N. D’Erasmo, 2012. "Misallocation, Informality, and Human Capital," Virginia Economics Online Papers 401, University of Virginia, Department of Economics.
  18. Pablo A. Guerrón-Quintana & James M. Nason, 2012. "Bayesian estimation of DSGE models," Working Papers 12-4, Federal Reserve Bank of Philadelphia.
  19. Jesús Fernández-Villaverde & Grey Gordon & Pablo A. Guerrón-Quintana & Juan Rubio-Ramírez, 2012. "Nonlinear Adventures at the Zero Lower Bound," NBER Working Papers 18058, National Bureau of Economic Research, Inc.
  20. Jesus Fernandez-Villaverde & Pablo A. Guerrón-Quintana & Juan Rubio-Ramírez, 2012. "Estimating Dynamic Equilibrium Models with Stochastic Volatility," NBER Working Papers 18399, National Bureau of Economic Research, Inc.
  21. Pablo A. Guerron-Quintana, 2012. "Common and idiosyncratic disturbances in developed small open economies," Working Papers 12-3, Federal Reserve Bank of Philadelphia.
  22. Dean Croushore, 2012. "Forecast bias in two dimensions," Working Papers 12-9, Federal Reserve Bank of Philadelphia.
  23. Jeffrey Brinkman & Daniele Coen-Pirani & Holger Sieg, 2012. "Estimating a dynamic equilibrium model of firm location choices in an urban economy," Working Papers 12-26, Federal Reserve Bank of Philadelphia.

2011

  1. Satyajit Chatterjee & Burcu Eyigungor, 2011. "A quantitative analysis of the U.S. housing and mortgage markets and the foreclosure crisis," Working Papers 11-26, Federal Reserve Bank of Philadelphia.
  2. Satyajit Chatterjee & Grey Gordon, 2011. "Dealing with consumer default: bankruptcy vs. garnishment," Working Papers 11-35, Federal Reserve Bank of Philadelphia.
  3. Satyajit Chatterjee & Burcu Eyigungor, 2011. "A Quantitative Analysis of the US Housing and Mortgage Markets and the Mortgage Crisis," 2011 Meeting Papers 1109, Society for Economic Dynamics.
  4. Victor Rios-Rull & Dean Corbae: & Satyajit Chatterjee, 2011. "A Theory of Credit Scoring and the Competitive Pricing of Default Risk," 2011 Meeting Papers 1115, Society for Economic Dynamics.
  5. Elyas Elyasiani & Loretta J. Mester & Michael S. Pagano, 2011. "Large capital infusions, investor reactions, and the return and risk performance of financial institutions over the business cycle and recent finanical crisis," Working Papers 11-46, Federal Reserve Bank of Philadelphia.
  6. Joseph J. Hughes & Loretta Mester, 2011. "Who Said Large Banks Don't Experience Scale Economies? Evidence from a Risk-Return-Driven Cost Function," Departmental Working Papers 201127, Rutgers University, Department of Economics.
  7. Miklos Koren & Roc Armenter, 2011. "Everything all the time? Re-evaluating the gains from varieties," 2011 Meeting Papers 655, Society for Economic Dynamics.
  8. George Alessandria & Joseph P. Kaboski & Virgiliu Midrigan, 2011. "U.S. trade and inventory dynamics," Working Papers 11-6, Federal Reserve Bank of Philadelphia.
  9. Virgiliu Midrigan & Joseph Kaboski & George Alessandria, 2011. "Trade Volatility, Business Cycle Synchronization, and Inventory Dynamics," 2011 Meeting Papers 1379, Society for Economic Dynamics.
  10. Vivian Z. Yue & Sangeeta Pratap & George Alessandria, 2011. "Export Dynamics and Business Cycles in Emerging Economies," 2011 Meeting Papers 1336, Society for Economic Dynamics.
  11. Makoto Nakajima, 2011. "A quantitative analysis of unemployment benefit extensions," Working Papers 11-8, Federal Reserve Bank of Philadelphia.
  12. Makoto Nakajima & Irina A. Telyukova, 2011. "Home equity withdrawal in retirement," Working Papers 11-15, Federal Reserve Bank of Philadelphia.
  13. Makoto Nakajima, 2011. "Rising indebtedness and temptation: a welfare analysis," Working Papers 11-39, Federal Reserve Bank of Philadelphia.
  14. Irina A. Telyukova & Makoto Nakajima, 2011. "Reverse Mortgage Loans: A Quantitative Analysis," 2011 Meeting Papers 387, Society for Economic Dynamics.
  15. Irina A. Telyukova & Makoto Nakajima, 2011. "Home Equity in Retirement," NFI Working Papers 2011-WP-08B, Indiana State University, Scott College of Business, Networks Financial Institute, revised Aug 2011.
  16. Shigeru Fujita, 2011. "Effects of extended unemployment insurance benefits: evidence from the monthly CPS," Working Papers 10-35, Federal Reserve Bank of Philadelphia.
  17. Francisco Covas & Shigeru Fujita, 2011. "Private equity premium in a general equilibrium model of uninsurable investment risk," Working Papers 11-18, Federal Reserve Bank of Philadelphia.
  18. Michael Dotsey & Shigeru Fujita & Tom Stark, 2011. "Do Phillips curves conditionally help to forecast inflation?," Working Papers 11-40, Federal Reserve Bank of Philadelphia.
  19. Shigeru Fujita, 2011. "Declining labor turnover and turbulence," Working Papers 11-44, Federal Reserve Bank of Philadelphia.
  20. Marina Azzimonti & Eva de Francisco & Vincenzo Quadrini, 2011. "Financial globalization and the raising of public debt," Working Papers 2011-03, Towson University, Department of Economics, revised Mar 2011.
  21. Marina Azzimonti & Matthew Talbert, 2011. "Partisan cycles and the consumption volatility puzzle," Working Papers 11-21, Federal Reserve Bank of Philadelphia.
  22. Marina Azzimonti, 2011. "The dynamics of public investment under persistent electoral advantage," Working Papers 11-23, Federal Reserve Bank of Philadelphia.
  23. Marina Azzimonti & Matthew Talbert, 2011. "Why is consumption more volatile than output in emerging markets?," 2011 Meeting Papers 30, Society for Economic Dynamics.
  24. Braz Camargo & Benjamin Lester, 2011. "Trading dynamics in decentralized markets with adverse selection," Working Papers 11-36, Federal Reserve Bank of Philadelphia.
  25. Pablo N D’Erasmo & Hernan J Moscoso-Boedo, 2011. "Intangibles and Endogenous Firm Volatility over the Business Cycle," Virginia Economics Online Papers 400, University of Virginia, Department of Economics.
  26. Hernan Moscoso Boedo & Pablo D'Erasmo, 2011. "Entrepreneurship and Endogenous Volatility," 2011 Meeting Papers 901, Society for Economic Dynamics.
  27. Jesus Fernandez-Villaverde & Pablo Guerron-Quintana & Keith Kuester & Juan Rubio-Ramirez, 2011. "Fiscal Volatility Shocks and Economic Activity," PIER Working Paper Archive 11-022, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
  28. Jesús Fernández-Villaverde & Pablo Guerrón-Quintana & Juan F. Rubio-Ramírez, 2011. "Supply-side policies and the zero lower bound," Working Papers 11-47, Federal Reserve Bank of Philadelphia.

2010

  1. Satyajit Chatterjee & Felicia Ionescu, 2010. "Insuring college failure risk," Working Papers 10-1, Federal Reserve Bank of Philadelphia.
  2. Satyajit Chatterjee & Felicia Ionescu, 2010. "Insuring student loans against the risk of college failure," Working Papers 10-31, Federal Reserve Bank of Philadelphia.
  3. Satyajit Chatterjee, 2010. "An Equilibrium Model of the Timing of Bankruptcy Filings," 2010 Meeting Papers 1282, Society for Economic Dynamics.
  4. Amartya Lahiri & Satyajit Chatterjee, 2010. "Labor Taxes, Productivity and Tax Competition," 2010 Meeting Papers 1298, Society for Economic Dynamics.
  5. Roc Armenter & Thomas M. Mertens, 2010. "Fraud deterrence in dynamic Mirrleesian economies," Working Papers 10-7, Federal Reserve Bank of Philadelphia.
  6. Roc Armenter, 2010. "Sustainable monetary policy and inflation expectations," Working Papers 10-20, Federal Reserve Bank of Philadelphia.
  7. George Alessandria & Horag Choi, 2010. "Do falling iceberg costs explain recent U.S. export growth?," Working Papers 10-10, Federal Reserve Bank of Philadelphia.
  8. George Alessandria & Joseph P. Kaboski & Virgiliu Midrigan, 2010. "The Great Trade Collapse of 2008-09: An Inventory Adjustment?," NBER Working Papers 16059, National Bureau of Economic Research, Inc.
  9. George Alessandria & Joseph P. Kaboski & Virgiliu Midrigan, 2010. "The great trade collapse of 2008-2009: an inventory adjustment?," Working Papers 10-18, Federal Reserve Bank of Philadelphia.
  10. Vivian Yue & Sangeeta Pratap & George Alessandria, 2010. "Export Dynamics in Large Devaluations," 2010 Meeting Papers 1067, Society for Economic Dynamics.
  11. Makoto Nakajima, 2010. "Optimal capital income taxation with housing," Working Papers 10-11, Federal Reserve Bank of Philadelphia.
  12. Makoto Nakajima, 2010. "Business cycles in the equilibrium model of labor market search and self-insurance," Working Papers 10-24, Federal Reserve Bank of Philadelphia.
  13. Shigeru Fujita, 2010. "Reality of on-the-job search," Working Papers 10-34, Federal Reserve Bank of Philadelphia.
  14. marina, azzimonti, 2010. "Political ideology as a source of business cycles," MPRA Paper 25937, University Library of Munich, Germany.
  15. Marina, Azzimonti & Marco, Battaglini & Stephen, Coate, 2010. "On the Case for a Balanced Budget Amendment to the U.S. Constitution," MPRA Paper 25935, University Library of Munich, Germany.
  16. Sylvain Leduc & Keith Sill, 2010. "Expectations and economic fluctuations: an analysis using survey data," Working Papers 10-6, Federal Reserve Bank of Philadelphia.
  17. Dean Corbae & Pablo D'Erasmo, 2010. "A Quantitative Model of Banking Industry Dynamics," 2010 Meeting Papers 268, Society for Economic Dynamics.
  18. Pablo A. Guerron-Quintana, 2010. "Common factors in small open economies: inference and consequences," Working Papers 10-4, Federal Reserve Bank of Philadelphia.
  19. Pablo A. Guerron-Quintana, 2010. "The implications of inflation in an estimated New-Keynesian model," Working Papers 10-2, Federal Reserve Bank of Philadelphia.
  20. Jesús Fernández-Villaverde & Pablo Guerrón-Quintana & Juan F. Rubio-Ramírez, 2010. "Reading the Recent Monetary History of the U.S., 1959-2007," PIER Working Paper Archive 10-016, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
  21. Jesús Fernández-Villaverde & Pablo Guerrón-Quintana & Juan F. Rubio-Ramírez, 2010. "Fortune or Virtue: Time-Variant Volatilities Versus Parameter Drifting in U.S. Data," PIER Working Paper Archive 10-015, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
  22. Jesus Fernández-Villaverde & Pablo Guerrón-Quintana & Juan F. Rubio-Ramírez, 2010. "Fortune or virtue: time-variant volatilities versus parameter drifting," Working Papers 10-14, Federal Reserve Bank of Philadelphia.

2009

  1. Satyajit Chatterjee & Burcu Eyigungor, 2009. "Maturity, Indebtedness, and Default Risk," Koç University-TUSIAD Economic Research Forum Working Papers 0901, Koc University-TUSIAD Economic Research Forum.
  2. Satyajit Chatterjee & Burcu Eyigungor, 2009. "Foreclosures and house price dynamics: a quantitative analysis of the mortgage crisis and the foreclosure prevention policy," Working Papers 09-22, Federal Reserve Bank of Philadelphia.
  3. Burcu Eyigungor & Satyajit Chatterjee, 2009. "Foreclosures and House Price Dynamics in Local Housing Markets," 2009 Meeting Papers 1240, Society for Economic Dynamics.
  4. Roc Armenter & Miklós Koren, 2009. "Economies of Scale and the Size of Exporters," CeFiG Working Papers 7, Center for Firms in the Global Economy, revised 12 Mar 2009.
  5. Thomas Mertens & Roc Armenter, 2009. "State Verification and the Incentives to Save," 2009 Meeting Papers 289, Society for Economic Dynamics.
  6. Horag Choi & George Alessandria, 2009. "The Role of Exporting and Trade for Entry over the Business Cycle," 2009 Meeting Papers 355, Society for Economic Dynamics.
  7. George Alessandria, 2009. "Do Falling Iceberg Costs Account for US Export Growth?," 2009 Meeting Papers 510, Society for Economic Dynamics.
  8. Makoto Nakajima, 2009. "Rising indebtedness and hyperbolic discounting: a welfare analysis," Working Papers 09-25, Federal Reserve Bank of Philadelphia.
  9. Shigeru Fujita & Makoto Nakajima, 2009. "Worker flows and job flows: a quantitative investigation," Working Papers 09-33, Federal Reserve Bank of Philadelphia.
  10. Makoto Nakajima, 2009. "Equilibrium Default and Temptation," 2009 Meeting Papers 863, Society for Economic Dynamics.
  11. Shigeru Fujita, 2009. "Dynamics of worker flows and vacancies: evidence from the sign restriction approach," Working Papers 07-12, Federal Reserve Bank of Philadelphia.
  12. Francisco Covas & Shigeru Fujita, 2009. "Time-varying capital requirements in a general equilibrium model of liquidity dependence," Working Papers 09-23, Federal Reserve Bank of Philadelphia.
  13. marina, azzimonti, 2009. "Barriers to investment in polarized societies," MPRA Paper 25936, University Library of Munich, Germany.
  14. Guillaume Vandenbroucke & Marina Azzimonti, 2009. "The Rise and Expansion of Social Security in the US," 2009 Meeting Papers 1236, Society for Economic Dynamics.
  15. Hernan J Moscoso Boedo & Pablo N D’Erasmo, 2009. "Financial Structure, Informality and Development," Virginia Economics Online Papers 374, University of Virginia, Department of Economics.
  16. Jesus Fernandez-Villaverde & Pablo Guerron-Quintana & Juan F. Rubio-Ramírez & Martin Uribe, 2009. "Risk Matters: The Real Effects of Volatility Shocks," PIER Working Paper Archive 09-013, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
  17. Pablo A. Guerron-Quintana, 2009. "Do uncertainty and technology drive exchange rates?," Working Papers 09-20, Federal Reserve Bank of Philadelphia.
  18. Pablo Guerron-Quintana & Atsushi Inoue & Lutz Kilian, 2009. "Frequentist inference in weakly identified DSGE models," Working Papers 09-13, Federal Reserve Bank of Philadelphia.

2008

  1. Theodore M. Crone & N. Neil K. Khettry & Loretta J. Mester & Jason A. Novak, 2008. "Core measures of inflation as predictors of total inflation," Working Papers 08-9, Federal Reserve Bank of Philadelphia.
  2. Joseph P. Hughes & Loretta J. Mester, 2008. "Efficiency in banking: theory, practice, and evidence," Working Papers 08-1, Federal Reserve Bank of Philadelphia.
  3. Iftekhar Hasan & Loretta J. Mester, 2008. "Central bank institutional structure and effective central banking: cross-country empirical evidence," Working Papers 08-5, Federal Reserve Bank of Philadelphia.
  4. Roc Armenter & Miklós Koren, 2008. "A Balls-and-Bins Model of Trade," CeFiG Working Papers 3, Center for Firms in the Global Economy, revised 01 May 2008.
  5. George Alessandria & Joseph Kaboski & Virgiliu Midrigan, 2008. "Inventories, Lumpy Trade, and Large Devaluations," NBER Working Papers 13790, National Bureau of Economic Research, Inc.
  6. Nicolas Petrosky-Nadeau & Horag Choi & Alain Delacroix & George Alessandria, 2008. "Job Turnover and International Trade: A General Equilibrium Analysis," 2008 Meeting Papers 497, Society for Economic Dynamics.
  7. Benjamin Lester & Andrew Postlewaite & Randall Wright, 2008. "Information, Liquidity and Asset Prices," PIER Working Paper Archive 08-039, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
  8. Benjamin Lester & Andrew Postlewaite & Randall Wright, 2008. "Information, Liquidity, Asset Prices and Monetary Policy, Second Version," PIER Working Paper Archive 10-040, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 16 Dec 2010.
  9. Benjamin Lester, 2008. "Endogenous, State-Dependent Matching with Implications for the Cyclical Behavior of Unemployment," 2008 Meeting Papers 299, Society for Economic Dynamics.
  10. Frank Schorfheide & Keith Sill & Maxym Kryshko, 2008. "DSGE model-based forecasting of non-modelled variables," Working Papers 08-17, Federal Reserve Bank of Philadelphia.
  11. Pablo D'Erasmo, 2008. "Government Reputation and Debt Repayment in Emerging Economies," 2008 Meeting Papers 1006, Society for Economic Dynamics.
  12. Pablo D'Erasmo & Dean Corbae, 2008. "Reorganization or Exit: Bankruptcy Decisions and Firm Dynamics," 2008 Meeting Papers 1017, Society for Economic Dynamics.
  13. Pablo A. Guerron-Quintana, 2008. "What you match does matter: The effect of observables on DSGE," 2008 Meeting Papers 1101, Society for Economic Dynamics.
  14. Dean Croushore, 2008. "Frontiers of real-time data analysis," Working Papers 08-4, Federal Reserve Bank of Philadelphia.
  15. Dean Croushore, 2008. "Revisions to PCE inflation measures: implications for monetary policy," Working Papers 08-8, Federal Reserve Bank of Philadelphia.
  16. Burcu Eyigungor, 2008. "Specific capital and vintage effects on the dynamics of unemployment and vacancies," Working Papers 08-6, Federal Reserve Bank of Philadelphia.

2007

  1. Satyajit Chatterjee & Dean Corbae & José-Víctor Ríos-Rull, 2007. "A finite-life private-information theory of unsecured consumer debt," Working Papers 07-14, Federal Reserve Bank of Philadelphia.
  2. Satyajit Chatterjee & Esteban Rossi-Hansberg, 2007. "Spin-offs and the Market for Ideas," NBER Working Papers 13198, National Bureau of Economic Research, Inc.
  3. William W. Lang & Loretta J. Mester & Todd A. Vermilyea, 2007. "Competitive effects of Basel II on U.S. bank credit card lending," Working Papers 07-9, Federal Reserve Bank of Philadelphia.
  4. Roc Armenter & Francesc Ortega, 2007. "Credible redistributive policies and migration across US States," Economics Working Papers 1022, Department of Economics and Business, Universitat Pompeu Fabra.
  5. Stefania Albanesi & Roc Armenter, 2007. "Intertemporal Distortions in the Second best," NBER Working Papers 13629, National Bureau of Economic Research, Inc.
  6. Roc Armenter & Stefania Albanesi, 2007. "Intertemporal Distortions and Second Best Theory," 2007 Meeting Papers 497, Society for Economic Dynamics.
  7. George Alessandria & Horag Choi, 2007. "Establishment heterogeneity, exporter dynamics, and the effects of trade liberalization," Working Papers 07-17, Federal Reserve Bank of Philadelphia.
  8. George Alessandria & Joseph Kaboski, 2007. "Pricing-to-market and the failure of absolute PPP," Working Papers 07-29, Federal Reserve Bank of Philadelphia.
  9. George Alessandria & Joe Kaboski & Virgiliu Midrigan, 2007. "Lumpy Trade and Large Devaluations," Working Papers CAS_RN_2007_4, Laboratory for Macroeconomic Analysis.
  10. Horag Choi & George Alessandria, 2007. "Welfare Gains to Trade Reform under Firm Heterogeneity," 2007 Meeting Papers 551, Society for Economic Dynamics.
  11. Horag Choi & George Alessandria, 2007. "Changes in U.S. Exporter Participation and Trade Costs," 2007 Meeting Papers 391, Society for Economic Dynamics.
  12. Virgiliu Midrigan & Joseph Kaboski & George Alessandria, 2007. "“Lumpy Trade and the Price of Imports in Large Devaluations.”," 2007 Meeting Papers 924, Society for Economic Dynamics.
  13. Shigeru Fujita & Garey Ramey, 2007. "Reassessing the Shimer facts," Working Papers 07-2, Federal Reserve Bank of Philadelphia.
  14. Shigeru Fujita & Christopher J. Nekarda & Garey Ramey, 2007. "The cyclicality of worker flows: new evidence from the SIPP," Working Papers 07-5, Federal Reserve Bank of Philadelphia.
  15. Shigeru Fujita & Garey Ramey, 2007. "The cyclicality of separation and job finding rates," Working Papers 07-19, Federal Reserve Bank of Philadelphia.
  16. Francisco Covas & Shigeru Fujita, 2007. "Private risk premium and aggregate uncertainty in the model of uninsurable investment risk," Working Papers 07-30, Federal Reserve Bank of Philadelphia.
  17. Marina Azzimonti & Marco Battaglini & Stephen Coate, 2007. "Starving the Leviathan: a Dynamic Analysis of Fiscal Constitutions," 2007 Meeting Papers 641, Society for Economic Dynamics.
  18. Gerald Carlino & Robert DeFina & Keith Sill, 2007. "The long and large decline in state employment growth volatility," Working Papers 07-11, Federal Reserve Bank of Philadelphia.
  19. Pablo A. Guerron, 2007. "The Welfare Costs of Inflation in a Micro-Founded Macroeconometric Model," Working Paper Series 013, North Carolina State University, Department of Economics.
  20. Pablo A. Guerron, 2007. "What You Match Does Matter: The Effects of Data on DSGE Estimation," Working Paper Series 012, North Carolina State University, Department of Economics.

2006

  1. Gerald Carlino & Satyajit Chatterjee & Robert Hunt, 2006. "Urban density and the rate of invention," Working Papers 06-14, Federal Reserve Bank of Philadelphia.
  2. Satyajit Chatterjee & Dean Corbae, 2006. "On the aggregate welfare cost of Great Depression unemployment," Working Papers 06-18, Federal Reserve Bank of Philadelphia.
  3. Satyajit Chatterjee & Dean Corbae & Jose-Victor Rios-Rull, 2006. "Finite-Life, Private-Information Theory of Unsecured Debt," 2006 Meeting Papers 781, Society for Economic Dynamics.
  4. Satyajit Chatterjee & Dean Corbae, 2006. "Monetary and financial forces in the Great Depression," Working Papers 06-12, Federal Reserve Bank of Philadelphia.
  5. Satyajit Chatterjee, 2006. "A quantitative assessment of the role of agglomeration economies in the spatial concentration of U.S. employment," Working Papers 06-20, Federal Reserve Bank of Philadelphia.
  6. Roc Armenter & Martin Bodenstein, 2006. "Can the U.S. monetary policy fall (again) in an expectation trap?," International Finance Discussion Papers 860, Board of Governors of the Federal Reserve System (U.S.).
  7. Roc Armenter & Amartya Lahiri, 2006. "Endogenous productivity and development accounting," Staff Reports 258, Federal Reserve Bank of New York.
  8. Roc Armenter & Francesc Ortega, 2006. "Does competition for (human) capital discipline governments? The role of commitment," 2006 Meeting Papers 547, Society for Economic Dynamics.
  9. Roc Armenter, 2006. "Sustainable Monetary Policy and Expectations," 2006 Meeting Papers 183, Society for Economic Dynamics.
  10. Roc Armenter & Martin Bodenstein, 2006. "Of nutters and doves," International Finance Discussion Papers 885, Board of Governors of the Federal Reserve System (U.S.).
  11. George Alessandria & Horag Choi, 2006. "Firm Heterogeneity, Export Participation, and Trade Reform," 2006 Meeting Papers 795, Society for Economic Dynamics.
  12. Makoto Nakajima, 2006. "Business Cycles in the Equilibrium Model of Labor Search and Self-Insurance," Computing in Economics and Finance 2006 426, Society for Computational Economics.
  13. Shigeru Fugita & Garey Ramey, 2006. "Job matching and propagation," Working Papers 06-13, Federal Reserve Bank of Philadelphia.
  14. Shigeru Fujita & Garey Ramey, 2006. "The cyclicality of job loss and hiring," Working Papers 06-17, Federal Reserve Bank of Philadelphia.
  15. Marina Azzimonti-Renzo & Eva de Francisco & Per Krusell, 2006. "The political economy of labor subsidies," Working Paper 06-09, Federal Reserve Bank of Richmond.
  16. Jorge Soares, Marina Azzimonti, Pierre-Daniel Sarte & Pierre-Daniel Sarte & Jorge Soares, 2006. "Distortionary Taxes and Public Investment When Government Promises Are Not Enforceable," Working Papers 06-07, University of Delaware, Department of Economics.
  17. Jorge Soares, Marina Azzimonti, Pierre-Daniel Sarte & Pierre-Daniel Sarte & Jorge Soares, 2006. "Optimal Policy and (the Lack of) Time Inconsistency: Insights from Simple Models," Working Papers 06-08, University of Delaware, Department of Economics.
  18. Benjamin Lester, 2006. "A Model of Interbank Settlement," 2006 Meeting Papers 282, Society for Economic Dynamics.
  19. Keith Sill, 2006. "Macroeconomic volatility and the equity premium," Working Papers 06-1, Federal Reserve Bank of Philadelphia.
  20. D'Erasmo, Pablo, 2006. "Investment and firm dynamics," MPRA Paper 3598, University Library of Munich, Germany, revised Apr 2007.
  21. Dean Corbae & Pablo D'Erasmo & Burhanettin Kuruscu, 2006. "Politico economic consequences of rising income inequality," 2006 Meeting Papers 878, Society for Economic Dynamics.
  22. Pablo A. Guerron, 2006. "Non-Separability, Heterogeneous Labor Supply, Investment, and the Business Cycle," Working Paper Series 005, North Carolina State University, Department of Economics, revised Aug 2006.
  23. Pablo A. Guerron, 2006. "Time-Dependent Portfolio Adjustment: Yet Another Look at the Dynamics," Working Paper Series 006, North Carolina State University, Department of Economics, revised Aug 2006.
  24. Pablo A. Guerron, 2006. "Why do Central Bankers Intervene in the Foreign Exchange Market? Some New Evidence and Theory," Working Paper Series 007, North Carolina State University, Department of Economics, revised Aug 2006.
  25. Dean Croushore, 2006. "An evaluation of inflation forecasts from surveys using real-time data," Working Papers 06-19, Federal Reserve Bank of Philadelphia.

2005

  1. Gerald Carlino & Satyajit Chatterjee & Robert Hunt, 2005. "Matching and Learning in Cities: Urban Density and the Rate of Invention," Levine's Bibliography 784828000000000160, UCLA Department of Economics.
  2. William W. Lang & Loretta J. Mester & Todd A. Vermilyea, 2005. "Potential competitive effects on U.S. bank credit card lending from the proposed bifurcated application of Basel II," Working Papers 05-29, Federal Reserve Bank of Philadelphia.
  3. Paul S. Calem & Michael B. Gordy & Loretta J. Mester, 2005. "Switching costs and adverse selection in the market for credit cards: new evidence," Working Papers 05-16, Federal Reserve Bank of Philadelphia.
  4. Loretta J. Mester, 2005. "Optimal industrial structure in banking," Working Papers 08-2, Federal Reserve Bank of Philadelphia.
  5. Roc Armenter, 2005. "Time Consistent Fiscal Policy and Heterogeneous Agents," 2005 Meeting Papers 127, Society for Economic Dynamics.
  6. Roc Armenter & Martin Bodenstein, 2005. "Does the time inconsistency problem make flexible exchange rates look worse than you think?," Staff Reports 230, Federal Reserve Bank of New York.
  7. Roc Armenter & Martin Bodenstein, 2005. "Can U.S. monetary policy fall (again) into an expectation trap?," Staff Reports 229, Federal Reserve Bank of New York.
  8. Mitchell Berlin & Yaron Leitner, 2005. "Courts and contractual innovation: a preliminary analysis," Working Papers 05-27, Federal Reserve Bank of Philadelphia.
  9. George Alessandria, 2005. "Consumer search, price dispersion, and international relative price volatility," Working Papers 05-9, Federal Reserve Bank of Philadelphia.
  10. George Alessandria & Horag Choi, 2005. "Do sunk costs of exporting matter for net export dynamics?," Working Papers 05-20, Federal Reserve Bank of Philadelphia.
  11. Makoto Nakajima, 2005. "Rising Earnings Instability and Prices of Housing and Financial Assets," 2005 Meeting Papers 211, Society for Economic Dynamics.
  12. Shigeru Fujita & Garey Ramey, 2005. "The dynamic Beveridge curve," Working Papers 05-22, Federal Reserve Bank of Philadelphia.
  13. Jorge Soares & Marina Azzimonti & Pierre-Daniel Sarte, 2005. "Optimal Fiscal Policy and the (Lack of) Time Inconsistency Problem," 2005 Meeting Papers 481, Society for Economic Dynamics.
  14. Per Krusell & Marina Azzimonti & Eva de Francisco, 2005. "Dynamic Politico-economic Equilibrium: Aggregation, First-order Conditions, and Computation," Computing in Economics and Finance 2005 453, Society for Computational Economics.
  15. Gerald Carlino & Robert DeFina & Keith Sill, 2005. "On the stability of employment growth: a postwar view from the U.S. states," Working Papers 04-21, Federal Reserve Bank of Philadelphia.

2004

  1. Satyajit Chatterjee, 2004. "On the Contribution of Agglomeration Economies to Spatial Concentration of US Employment," Econometric Society 2004 North American Summer Meetings 164, Econometric Society.
  2. Satyajit Chatterjee & Dean Corbae, 2004. "A Competitive Theory of Credit Scoring," 2004 Meeting Papers 823, Society for Economic Dynamics.
  3. Satyajit Chatterjee, 2004. "On the Contribution of Agglomeration Economies to the Spatial Concentration of U.S. Employment," 2004 Meeting Papers 192, Society for Economic Dynamics.
  4. Loretta J. Mester & Leonard I. Nakamura & Micheline Renault, 2004. "Transactions accounts and loan monitoring," Working Papers 04-20, Federal Reserve Bank of Philadelphia.
  5. Horag Choi & George Alessandria, 2004. "Export Decisions and International Business Cycles," 2004 Meeting Papers 54, Society for Economic Dynamics.
  6. George Alessandria & Alain Delacroix, 2004. "Trade and the (dis)incentive to reform labor markets: the case of reform in the European Union," Working Papers 04-18, Federal Reserve Bank of Philadelphia.
  7. Geoorge Alessandria & Joseph Kaboski, 2004. "Violating purchasing power parity," Working Papers 04-19, Federal Reserve Bank of Philadelphia.
  8. Shigeru Fujita, 2004. "Vacancy persistence," Working Papers 04-23, Federal Reserve Bank of Philadelphia.
  9. Marina Azzimonti Renzo, 2004. "On the dynamic inefficiency of governments," 2004 Meeting Papers 228, Society for Economic Dynamics.
  10. Croushore, Dean, 2004. "Do Consumer Confidence Indexes Help Forecast Consumer Spending in Real Time?," Discussion Paper Series 1: Economic Studies 2004,27, Deutsche Bundesbank, Research Centre.

2003

  1. Satyajit Chatterjee & Dean Corbae, 2003. "On the welfare gains of eliminating a small likelihood of economic crises: A case for stabilization policies?," Working Papers 03-20, Federal Reserve Bank of Philadelphia.
  2. Loretta J. Mester, 2003. "Applying efficiency measurement techniques to central banks," Working Papers 03-13, Federal Reserve Bank of Philadelphia.
  3. Marina Azzimonti-Renzo & Pierre-Daniel G. Sarte & Jorge Soares, 2003. "Optimal public investment with and without government commitment," Working Paper 03-10, Federal Reserve Bank of Richmond.
  4. Sylvain Leduc & Keith Sill, 2003. "Monetary policy, oil shocks, and TFP: accounting for the decline in U.S. volatility," Working Papers 03-22, Federal Reserve Bank of Philadelphia.
  5. Gerald Carlino & Robert DeFina & Keith Sill, 2003. "Postwar period changes in employment volatility: new evidence from state/industry panel data," Working Papers 03-18, Federal Reserve Bank of Philadelphia.
  6. Dean Croushore & Charles L. Evans, 2003. "Data revisions and the identification of monetary policy shocks," Working Papers 03-1, Federal Reserve Bank of Philadelphia.
  7. Dean Croushore, 2003. "A short-term model of the Fed's portfolio choice," Working Papers 03-8, Federal Reserve Bank of Philadelphia.

2002

  1. Satyajit Chatterjee & Dean Corbae & Makoto Nakajima & Jose-Victor Rios-Rull, 2002. "A Quantitative Theory of Unsecured Consumer Credit with Risk of Default," Centro de Alti­simos Estudios Ri­os Pe©rez(CAERP) 2, Centro de Altisimos Estudios Rios Perez (CAERP).
  2. Allen N. Berger & Loretta J. Mester, 2002. "Explaining the dramatic changes in performance of U.S. banks: technological change, deregulation, and dynamic changes in competition," Working Papers 01-6, Federal Reserve Bank of Philadelphia.
  3. Joseph P. Hughes & William W. Lang & Loretta J. Mester & Choon-Geol Moon & Michael S. Pagano, 2002. "Do bankers sacrifice value to build empires? managerial incentives, industry consolidation, and financial performance," Working Papers 02-2, Federal Reserve Bank of Philadelphia.
  4. Rosemarie Nagel & Antonio Cabrales & Roc Armenter, 2002. "Equilibrium selection through incomplete information in coordination games: An experimental study," Economics Working Papers 601, Department of Economics and Business, Universitat Pompeu Fabra.
  5. Mitchell Berlin & Alexander Butler, 2002. "Collateral and competition," Working Papers 02-22, Federal Reserve Bank of Philadelphia.
  6. Sylvain Leduc & Keith Sill & Tom Stark, 2002. "Self-fulfilling expectations and the inflation of the 1970s: evidence from the Livingston Survey," Working Papers 02-13, Federal Reserve Bank of Philadelphia.
  7. Gerald Carlino & Robert DeFina & Keith Sill, 2002. "The cyclical behavior of state employment during the postwar period," Working Papers 02-14, Federal Reserve Bank of Philadelphia.
  8. Dean Croushore & Tom Stark, 2002. "Is macroeconomic research robust to alternative data sets?," Working Papers 02-3, Federal Reserve Bank of Philadelphia.
  9. Dean Croushore & Tom Stark, 2002. "Forecasting coin demand," Working Papers 02-15, Federal Reserve Bank of Philadelphia.

2001

  1. Gerald A. Carlino & Satyajit Chatterjee & Robert Hunt, 2001. "Knowledge spillovers and the new economy of cities," Working Papers 01-14, Federal Reserve Bank of Philadelphia.
  2. Gerald Carlino & Satyajit Chatterjee, 2001. "Employment deconcentration: a new perspective on America's postwar urban evolution," Working Papers 01-4, Federal Reserve Bank of Philadelphia.
  3. Loretta J. Mester & Leonard I. Nakamura & Micheline Renault, 2001. "Checking accounts and bank monitoring," Working Papers 01-3, Federal Reserve Bank of Philadelphia.
  4. Sylvain Leduc & Keith Sill, 2001. "A quantitative analysis of oil-price shocks, systematic monetary policy, and economic downturns," Working Papers 01-9, Federal Reserve Bank of Philadelphia.
  5. Tom Stark & Dean Croushore, 2001. "Forecasting with a real-time data set for macroeconomists," Working Papers 01-10, Federal Reserve Bank of Philadelphia.

2000

  1. Satyajit Chatterjee & Dean Corbae, 2000. "On the welfare gains of reducing the likelihood of economic crises," Working Paper 0015, Federal Reserve Bank of Cleveland.
  2. Joseph P. Hughes & Loretta J. Mester & William Lang & Choon-Geol Moon, 2000. "Recovering Risky Technologies Using The Almost Ideal Demand System: An Application To U.S. Banking," Departmental Working Papers 200005, Rutgers University, Department of Economics.
  3. Mitchell Berlin & Loretta J. Mester, 2000. "Optimal financial contracts for large investors: the role of lender liability," Working Papers 00-1, Federal Reserve Bank of Philadelphia.
  4. Joseph P. Hughes & Loretta J. Mester & Choon-Geol Moon, 2000. "Are scale economies in banking elusive or illusive? Evidence obtained by incorporating capital structure and risk-taking into models of bank production," Working Papers 00-4, Federal Reserve Bank of Philadelphia.
  5. Joseph P. Hughes & Loretta J. Mester & Choon-Geol Moon, 2000. "Are Scale Economies in Banking Elusive or Illusive?," Departmental Working Papers 200004, Rutgers University, Department of Economics.
  6. Joseph P. Hughes & Loretta J. Mester & Choon-Geol Moon, 2000. "Are All Scale Economies in Banking Elusive or Illusive: Evidence Obtained by Incorporating Capital Structure and Risk Taking into Models of Bank Production," Center for Financial Institutions Working Papers 00-33, Wharton School Center for Financial Institutions, University of Pennsylvania.
  7. Keith Sill & Jeff Wrase, 2000. "Exchange Rates, Monetary Policy Regimes, and Beliefs," Econometric Society World Congress 2000 Contributed Papers 1701, Econometric Society.
  8. Gerald Carlino & Keith Sill, 2000. "Regional income fluctuations: common trends and common cycles," Working Papers 00-8, Federal Reserve Bank of Philadelphia.
  9. Gerald A. Carlino & Robert H. DeFina & Keith Sill, 2000. "Sectoral shocks and metropolitan employment growth," Working Papers 00-9, Federal Reserve Bank of Philadelphia.
  10. Dean Croushore & Tom Stark, 2000. "A real-time data set for macroeconomists: does data vintage matter for forecasting?," Working Papers 00-6, Federal Reserve Bank of Philadelphia.

1999

  1. Gerald Carlino & Satyajit Chatterjee, 1999. "Postwar trends in metropolitan employment growth: decentralization and deconcentration," Working Papers 99-10, Federal Reserve Bank of Philadelphia.
  2. Satyajit Chatterjee & Dean Corbae, 1999. "Competitive theories for economies with general transactions technology," Working Papers 99-18, Federal Reserve Bank of Philadelphia.
  3. Satyajit Chatterjee & Dean Corbae, 1999. "A welfare comparison of pre- and post-WWII business cycles: some implications for the role of postwar macroeconomic policies," Working Papers 99-2, Federal Reserve Bank of Philadelphia.
  4. Allen N. Berger & Loretta J. Mester, 1999. "What Explains the Dramatic Changes in Cost and Profit Performance of the U.S. Banking Industry?," Center for Financial Institutions Working Papers 99-10, Wharton School Center for Financial Institutions, University of Pennsylvania.
  5. Mitchell Berlin & Loretta J. Mester, 1999. "Financial contracts and the legal treatment of informed investors," Working Papers 99-8, Federal Reserve Bank of Philadelphia.
  6. Keith Sill & Jeffrey Wrase, 1999. "Exchange rates and monetary policy regimes in Canada and the U.S," Working Papers 99-13, Federal Reserve Bank of Philadelphia.
  7. Keith Sill & Jeffrey Wrase, 1999. "Solving and simulating a simple open-economy model with Markov-switching driving processes and rational learning," Working Papers 99-14, Federal Reserve Bank of Philadelphia.
  8. Dean Croushore & Tom Stark, 1999. "Does data vintage matter for forecasting?," Working Papers 99-15, Federal Reserve Bank of Philadelphia.
  9. Dean Croushore & Tom Stark, 1999. "A real-time data set for macroeconomists," Working Papers 99-4, Federal Reserve Bank of Philadelphia.
  10. Dean Croushore & Tom Stark, 1999. "A real-time data set for marcoeconomists: does the data vintage matter?," Working Papers 99-21, Federal Reserve Bank of Philadelphia.

1998

  1. Satyajit Chatterjee & Gerald Carlino, 1998. "Aggregate employment growth and the deconcentration of metropolitan employment," Working Papers 98-6, Federal Reserve Bank of Philadelphia.
  2. Joseph P. Hughes & William W. Lang & Loretta J. Mester, 1998. "The dollars and sense of bank consolidation," Working Papers 98-10, Federal Reserve Bank of Philadelphia.
  3. Mitchell Berlin & Loretta J. Mester, 1998. "Deposits and Relationship Lending Review of Financial Studies," Center for Financial Institutions Working Papers 99-03, Wharton School Center for Financial Institutions, University of Pennsylvania.
  4. Gerald Carlino & Keith Sill, 1998. "The cyclical behavior of regional per capita incomes in the postwar period," Working Papers 98-11, Federal Reserve Bank of Philadelphia.
  5. Dean Croushore, 1998. "Evaluating inflation forecasts," Working Papers 98-14, Federal Reserve Bank of Philadelphia.

1997

  1. Satyajit Chatterjee & B. Ravikumar & B. Ravikumar, 1997. "Minimum consumptions requirements: theoretical and quantitative implications for growth and distribution," Working Papers 97-15, Federal Reserve Bank of Philadelphia.
  2. Satyajit Chatterjee, 1997. "On the optimality of eliminating seasonality in nominal interest rates," Working Papers 97-2, Federal Reserve Bank of Philadelphia.
  3. Satyajit Chatterjee & Gerald Carlino, 1997. "On the evolution of the spatial distribution of employment in postwar United States," Working Papers 97-26, Federal Reserve Bank of Philadelphia.
  4. Mitchell Berlin & Loretta J. Mester, 1997. "On the profitability and cost of relationship lending," Working Papers 97-3, Federal Reserve Bank of Philadelphia.
  5. Allen N. Berger & Loretta J. Mester, 1997. "Inside the Black Box: What Explains Differences in the Efficiencies of Financial Institutions?," Center for Financial Institutions Working Papers 97-04, Wharton School Center for Financial Institutions, University of Pennsylvania.
  6. Mitchell Berlin & Loretta J. Mester, 1997. "Intermediation and vertical integration," Working Papers 97-17, Federal Reserve Bank of Philadelphia.
  7. Mitchell Berlin & Loretta J. Mester, 1997. "Deposits and relationship lending," Working Papers 96-18, Federal Reserve Bank of Philadelphia.
  8. Allen N. Berger & Loretta J. Mester, 1997. "Efficiency and productivity change in the U.S. commercial banking industry: a comparison of the 1980s and 1990s," Working Papers 97-5, Federal Reserve Bank of Philadelphia.
  9. Joseph P. Hughes & Loretta J. Mester, 1997. "Bank Managers' Objectives," Departmental Working Papers 199419, Rutgers University, Department of Economics.
  10. Joseph P. Hughes & Loretta J. Mester, 1997. "Bank capitalization and cost: evidence of scale economies in risk management and signaling," Working Papers 96-2, Federal Reserve Bank of Philadelphia.
  11. Keith Sill, 1997. "Regional employment dynamics," Working Papers 97-28, Federal Reserve Bank of Philadelphia.

1996

  1. Satyajit Chatterjee & Dean Corbae, 1996. "Money and finance with costly commitment," Working Papers 96-8, Federal Reserve Bank of Philadelphia.
  2. Joseph P. Hughes & William W. Lang & Loretta J. Mester & Choon-Geol Moon, 1996. "Safety in numbers? Geographic diversification and bank insolvency risk," Working Papers 96-14, Federal Reserve Bank of Philadelphia.
  3. Loretta J. Mester, 1996. "Measuring efficiency at U.S. banks: accounting for heterogeneity is important," Working Papers 96-11, Federal Reserve Bank of Philadelphia.
  4. Joseph P. Hughes & William W. Lang & Loretta J. Mester & Choon-Geol Moon, 1996. "Efficient banking under interstate branching," Working Papers 96-9, Federal Reserve Bank of Philadelphia.
  5. Mitchell Berlin & Alexander W. Butler, 1996. "Public versus private debt: confidentiality, control, and product markets," Working Papers 96-17, Federal Reserve Bank of Philadelphia.
  6. Gerald Carlino & Keith Sill, 1996. "Common trends and common cycles in regional per capita incomes," Working Papers 96-13, Federal Reserve Bank of Philadelphia.
  7. Dean Croushore & Tom Stark, 1996. "Evaluating McCallum's rule when monetary policy matters," Working Papers 96-3, Federal Reserve Bank of Philadelphia.

1995

  1. Satyajit Chatterjee & Dean Corbae, 1995. "Valuation equilibria with transactions costs," Working Papers 95-1, Federal Reserve Bank of Philadelphia.
  2. Joseph P. Hughes & William W. Lang & Loretta J. Mester, 1995. "Recovering technologies that account for generalized managerial preferences: an application to non-risk neutral banks," Working Papers 95-8, Federal Reserve Bank of Philadelphia.
  3. Loretta J. Mester, 1995. "Efficiency of banks in the Third Federal Reserve District: a study of bank efficiency taking into account risk-preferences," Working Papers 94-1/R, Federal Reserve Bank of Philadelphia.
  4. Mitchell Berlin & Kose John & Anthony Saunders, 1995. "Bank equity stakes in borrowing firms and financial distress," Working Papers 96-1, Federal Reserve Bank of Philadelphia.
  5. Keith Sill, 1995. "Some monetary policy implications of increasing consumption variety," Working Papers 95-28, Federal Reserve Bank of Philadelphia.
  6. Keith Sill, 1995. "Some empirical evidence on money demand from a cash-in-advance model," Working Papers 95-20, Federal Reserve Bank of Philadelphia.
  7. Laurence Ball & Dean Croushore, 1995. "Expectations and the effects of monetary policy," Working Papers 95-22, Federal Reserve Bank of Philadelphia.

1994

  1. Satyajit Chatterjee & Dean Corbae, 1994. "Money and finance in a model of costly commitment," Working Papers 94-25, Federal Reserve Bank of Philadelphia.
  2. Paul S. Calem & Loretta J. Mester, 1994. "Consumer Behavior and the Stickiness of Credit Card Interest Rates," Center for Financial Institutions Working Papers 94-14, Wharton School Center for Financial Institutions, University of Pennsylvania.
  3. Keith Sill, 1994. "Money, output, and the cyclical volatility of the term structure," Working Papers 94-14, Federal Reserve Bank of Philadelphia.
  4. Dean Croushore & Tom Stark, 1994. "Evaluating McCallum's rule for monetary policy," Working Papers 94-26, Federal Reserve Bank of Philadelphia.
  5. Dean Croushore, 1994. "The optimal inflation tax when income taxes distort: reconciling MUF and shopping-time models," Working Papers 94-3, Federal Reserve Bank of Philadelphia.

1993

  1. Satyajit Chatterjee & B. Ravikumar, 1993. "Inventories, production smoothing, and anticipated demand variations," Working Papers 93-29, Federal Reserve Bank of Philadelphia.
  2. Satyajit Chatterjee & Russell W. Cooper, 1993. "Entry and exit, product variety and the business cycle," Working Papers 93-30, Federal Reserve Bank of Philadelphia.
  3. Satyajit Chatterjee & Russell W. Cooper & B. Ravikumar, 1993. "Strategic complementarity in business formation: aggregate fluctuations and sunspot equilibria," Working Papers 93-9, Federal Reserve Bank of Philadelphia.
  4. Satyajit Chatterjee & Russell Cooper & B. Ravikumar, 1993. "Participation Dynamics: Sunspots and Cycles," NBER Working Papers 3438, National Bureau of Economic Research, Inc.
  5. Loretta J. Mester, 1993. "Why are credit card rates sticky?," Working Papers 93-16, Federal Reserve Bank of Philadelphia.
  6. Mitchell Berlin & Loretta J. Mester, 1993. "Financial intermediation as vertical integration," Working Papers 93-3, Federal Reserve Bank of Philadelphia.
  7. George J. Mailath & Loretta J. Mester, 1993. "A positive analysis of bank closure," Working Papers 93-10/R, Federal Reserve Bank of Philadelphia.
  8. Joseph P. Hughes & Loretta J. Mester, 1993. "Accounting for the demand for financial capital and risk-taking in bank cost functions," Working Papers 93-17, Federal Reserve Bank of Philadelphia.
  9. Keith Sill, 1993. "Macroeconomic risk and Treasury bill pricing: an application of the Factor-Arch model," Working Papers 93-25, Federal Reserve Bank of Philadelphia.
  10. Dean Croushore, 1993. "Ricardian equivalence with wage-rate uncertainty," Working Papers 93-14, Federal Reserve Bank of Philadelphia.

1992

  1. Paul S. Calem & Loretta J. Mester, 1992. "Search, switching costs, and the stickiness of credit card interest rates," Working Papers 92-24, Federal Reserve Bank of Philadelphia.
  2. Loretta J. Mester, 1992. "Perfectual signaling with imperfectly correlated costs," Working Papers 92-8, Federal Reserve Bank of Philadelphia.
  3. Loretta J. Mester, 1992. "Further evidence concerning expense preference and the Fed," Working Papers 92-4, Federal Reserve Bank of Philadelphia.
  4. Loretta J. Mester, 1992. "Efficiency in the savings and loan industry," Working Papers 92-14, Federal Reserve Bank of Philadelphia.
  5. Keith Sill, 1992. "An empirical investigation of money demand in the cash-in-advance model framework," Working Papers 92-16, Federal Reserve Bank of Philadelphia.
  6. Dean Croushore & Shaghil Ahmed, 1992. "The importance of the tax system in determining the marginal cost of funds," Working Papers 92-15, Federal Reserve Bank of Philadelphia.
  7. Ahmed, S. & Croushore, D., 1992. "The Marginal Cost of Funds with Nonseparable Public Spending," Papers 9-92-7, Pennsylvania State - Department of Economics.
  8. Dean Croushore, 1992. "Ricardian equivalence under income uncertainty," Working Papers 92-6, Federal Reserve Bank of Philadelphia.

1991

  1. Satyajit Chatterjee, 1991. "The effect of transitional dynamics on the distribution of wealth in a neoclassical capital accumulation model," Working Papers 91-22, Federal Reserve Bank of Philadelphia.
  2. Satyajit Chatterjee & B. Ravikumar, 1991. "A neoclassical model of seasonal fluctuations," Working Papers 91-23, Federal Reserve Bank of Philadelphia.
  3. Chatterjee, S. & Corbae, D., 1991. "Endogenous Market Participation and General Equilibrium Value of Money," Working Papers 91-08, University of Iowa, Department of Economics.
  4. George J. Mailath & Loretta J. Mester, 1991. "When do regulators close banks? When should they?," Working Papers 91-24, Federal Reserve Bank of Philadelphia.
  5. Loretta J. Mester, 1991. "Expense preference and the Fed revisited," Working Papers 91-6, Federal Reserve Bank of Philadelphia.
  6. Joseph P. Hughes & Loretta J. Mester, 1991. "A quality and risk-adjusted cost function for banks: evidence on the " too-big-to-fail" doctrine," Working Papers 91-21, Federal Reserve Bank of Philadelphia.
  7. Dean Croushore, 1991. "The short-run costs of disinflation," Working Papers 91-8, Federal Reserve Bank of Philadelphia.
  8. Dean Croushore & Ronald S. Koot, 1991. "A measure of Federal Reserve credibility," Working Papers 91-1, Federal Reserve Bank of Philadelphia.

1990

  1. Chatterjee, S. & Corbae, D., 1990. "Endogenous Market Participation and the General Equelibrium Value of Money," Working Papers 90-30a, University of Iowa, Department of Economics.
  2. Loretta J. Mester & Anthony Saunders, 1990. "Who changes the prime rate?," Working Papers 90-26, Federal Reserve Bank of Philadelphia.
  3. Loretta J. Mester & Anthony Saunders, 1990. "When does the prime rate change?," Working Papers 90-16, Federal Reserve Bank of Philadelphia.
  4. Loretta J. Mester, 1990. "Traditional and nontraditional banking: an information-theoretic approach," Working Papers 90-3, Federal Reserve Bank of Philadelphia.
  5. Mitchell Berlin & Loretta J. Mester, 1990. "Debt covenants and renegotiation," Working Papers 90-21, Federal Reserve Bank of Philadelphia.
  6. Dean Croushore, 1990. "Taxation as insurance against income uncertainty," Working Papers 90-15, Federal Reserve Bank of Philadelphia.
  7. Shaghil Ahmed & Dean D. Croushore, 1990. "The welfare effects of distortionary taxation and government spending: some new results," Working Papers 90-9, Federal Reserve Bank of Philadelphia.

1989

  1. Loretta J. Mester, 1989. "Testing for expense preference behavior: mutual versus stock savings and loans," Working Papers 89-27, Federal Reserve Bank of Philadelphia.
  2. Loretta J. Mester, 1989. "Viability in multiproduct industries," Working Papers 88-21, Federal Reserve Bank of Philadelphia.
  3. Loretta J. Mester, 1989. "Multiple-market contact in an incomplete-information model with imperfectly correlated cost," Working Papers 89-22, Federal Reserve Bank of Philadelphia.
  4. Dean D. Croushore, 1989. "Transactions costs and optimal inflation," Working Papers 89-20, Federal Reserve Bank of Philadelphia.
  5. Dean D. Croushore, 1989. "Money in the utility function: an adequate microfoundation of money?," Working Papers 89-25, Federal Reserve Bank of Philadelphia.
  6. Ahmed, S. & Croushore, D.D., 1989. "The Welfare Effects Of Distortionary Taxation And Government Spending," Papers 0-89-1, Pennsylvania State - Department of Economics.

1988

  1. Loretta J. Mester, 1988. "Credit card rate stickiness in a screening model of consumer credit," Working Papers 88-20, Federal Reserve Bank of Philadelphia.
  2. Loretta J. Mester, 1988. "A testing strategy for expense preference behavior," Working Papers 88-13, Federal Reserve Bank of Philadelphia.
  3. Loretta J. Mester, 1988. "Are production economies a motive for mutual to stock conversions in the savings and loan industry?," Working Papers 88-14, Federal Reserve Bank of Philadelphia.
  4. Croushore, D.D., 1988. "Transactions Costs And Optimal Money Growth," Papers 7-88-1, Pennsylvania State - Department of Economics.
  5. Ahmed, S. & Croushore, D.D., 1988. "Substitution Effects And The Marginal Welfare Cost Of Taxation," Papers 0-88-6, Pennsylvania State - Department of Economics.

1987

  1. Loretta J. Mester, 1987. "Testing for expense preference behavior using cost data," Working Papers 87-5, Federal Reserve Bank of Philadelphia.
  2. Mitchell Berlin & Loretta J. Mester, 1987. "Credit card rates and consumer search," Working Papers 88-1, Federal Reserve Bank of Philadelphia.
  3. Loretta J. Mester, 1987. "An analysis of the effect of ownership form on technology: stock versus mutual savings and loan associations," Working Papers 88-2, Federal Reserve Bank of Philadelphia.
  4. Mitchell Berlin & Paul Calem, 1987. "Financing, commitment and entry deterrence," Working Papers 87-8, Federal Reserve Bank of Philadelphia.

1986

  1. Mitchell Berlin & Jan Loeys, 1986. "The choice between bonds and bank loans," Working Papers 86-18, Federal Reserve Bank of Philadelphia.

Undated

  1. Joseph P. Hughes & Loretta J. Mester, . "Evidence on the Objectives of Bank Managers," Rodney L. White Center for Financial Research Working Papers 04-94, Wharton School Rodney L. White Center for Financial Research.
  2. Loretta J. Mester, . "Efficiency of Banks in the Third Federal Reserve District," Rodney L. White Center for Financial Research Working Papers 2-94, Wharton School Rodney L. White Center for Financial Research.

Journal articles

2014

  1. Armenter, Roc, 2014. "Does the U.S. trade more widely than it appears?," Business Review, Federal Reserve Bank of Philadelphia, issue 1, pages 1-8.
  2. D׳Erasmo, Pablo N. & Moscoso Boedo, Hernan J. & Şenkal, Aslı, 2014. "Misallocation, informality, and human capital: Understanding the role of institutions," Journal of Economic Dynamics and Control, Elsevier, vol. 42(C), pages 122-142.

2013

  1. Satyajit Chatterjee, 2013. "Debt overhang: why recovery from a financial crisis can be slow," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 1-9.
  2. Armenter, Roc & Mertens, Thomas M., 2013. "Fraud deterrence in dynamic Mirrleesian economies," Journal of Monetary Economics, Elsevier, vol. 60(2), pages 139-151.
  3. Alessandria, George & Kaboski, Joseph & Midrigan, Virgiliu, 2013. "Trade wedges, inventories, and international business cycles," Journal of Monetary Economics, Elsevier, vol. 60(1), pages 1-20.
  4. George Alessandria, 2013. "The great trade collapse (and recovery)," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 1-10.
  5. Makoto Nakajima, 2013. "The diverse impacts of the great recession," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 17-29.
  6. Marina Azzimonti, 2013. "The political economy of balanced budget amendments," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 11-20.
  7. Lester, Benjamin, 2013. "Breaking the ice: government interventions in frozen markets," Business Review, Federal Reserve Bank of Philadelphia, issue Q4, pages 19-25.
  8. Siddharth Kothari & Itay Saporta Eksten & Edison Yu, 2013. "The (Un)importance of Geographical Mobility in the Great Recession"," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(3), pages 553-563, July.

2012

  1. Satyajit Chatterjee & Esteban Rossi‐Hansberg, 2012. "Spinoffs And The Market For Ideas," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(1), pages 53-93, 02.
  2. Satyajit Chatterjee & Felicia Ionescu, 2012. "Insuring student loans against the financial risk of failing to complete college," Quantitative Economics, Econometric Society, vol. 3(3), pages 393-420, November.
  3. Satyajit Chatterjee & Burcu Eyigungor, 2012. "Maturity, Indebtedness, and Default Risk," American Economic Review, American Economic Association, vol. 102(6), pages 2674-99, October.
  4. Chatterjee, Satyajit & Gordon, Grey, 2012. "Dealing with consumer default: Bankruptcy vs garnishment," Journal of Monetary Economics, Elsevier, vol. 59(S), pages S1-S16.
  5. Loretta J. Mester, 2012. "Changes in the use of electronic means of payment: 1995-2010," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 25-36.
  6. Roc Armenter, 2012. "The rise of corporate savings," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 1-8.
  7. Stefania Albanesi & Roc Armenter, 2012. "Intertemporal Distortions in the Second Best," Review of Economic Studies, Oxford University Press, vol. 79(4), pages 1271-1307.
  8. Armenter, Roc & Lahiri, Amartya, 2012. "Accounting for development through investment prices," Journal of Monetary Economics, Elsevier, vol. 59(6), pages 550-564.
  9. Makoto Nakajima, 2012. "Everything you always wanted to know about reverse mortgages but were afraid to ask," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 19-31.
  10. Makoto Nakajima, 2012. "Business Cycles In The Equilibrium Model Of Labor Market Search And Self‐Insurance," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(2), pages 399-432, 05.
  11. Makoto Nakajima, 2012. "Rising indebtedness and temptation: A welfare analysis," Quantitative Economics, Econometric Society, vol. 3(2), pages 257-288, 07.
  12. Nakajima, Makoto, 2012. "A quantitative analysis of unemployment benefit extensions," Journal of Monetary Economics, Elsevier, vol. 59(7), pages 686-702.
  13. Shigeru Fujita, 2012. "Labor market anxiety and the downward trend in the job separation rate," Business Review, Federal Reserve Bank of Philadelphia, issue Q4, pages 1-7.
  14. Shigeru Fujita & Garey Ramey, 2012. "Exogenous versus Endogenous Separation," American Economic Journal: Macroeconomics, American Economic Association, vol. 4(4), pages 68-93, October.
  15. Benjamin Lester & Nicola Persico & Ludo Visschers, 2012. "Information Acquisition and the Exclusion of Evidence in Trials," Journal of Law, Economics and Organization, Oxford University Press, vol. 28(1), pages 163-182.
  16. Benjamin Lester & Andrew Postlewaite & Randall Wright, 2012. "Information, Liquidity, Asset Prices, and Monetary Policy," Review of Economic Studies, Oxford University Press, vol. 79(3), pages 1209-1238.
  17. D'Erasmo, Pablo N. & Moscoso Boedo, Hernan J., 2012. "Financial structure, informality and development," Journal of Monetary Economics, Elsevier, vol. 59(3), pages 286-302.
  18. Pablo A. Guerron-Quintana, 2012. "Risk and uncertainty," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 9-18.

2011

  1. Satyajit Chatterjee, 2011. "A theory of asset price booms and busts and the uncertain return to innovation," Business Review, Federal Reserve Bank of Philadelphia, issue Q4, pages 1-8.
  2. Armenter, Roc & Ortega, Francesc, 2011. "Credible redistribution policy and skilled migration," European Economic Review, Elsevier, vol. 55(2), pages 228-245, February.
  3. Roc Armenter, 2011. "Output gaps: uses and limitation," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 1-8.
  4. George Alessandria & Joseph P. Kaboski, 2011. "Pricing-to-Market and the Failure of Absolute PPP," American Economic Journal: Macroeconomics, American Economic Association, vol. 3(1), pages 91-127, January.
  5. George Alessandria & Joseph P. Kaboski & Virgiliu Midrigan, 2011. "US Trade and Inventory Dynamics," American Economic Review, American Economic Association, vol. 101(3), pages 303-07, May.
  6. Makoto Nakajima, 2011. "Understanding house-price dynamics," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 20-28.
  7. Covas Francisco & Fujita Shigeru, 2011. "Private Equity Premium and Aggregate Uncertainty in a Model of Uninsurable Investment Risk," The B.E. Journal of Macroeconomics, De Gruyter, vol. 11(1), pages 1-36, July.
  8. Shigeru Fujita, 2011. "Dynamics of worker flows and vacancies: evidence from the sign restriction approach," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 26(1), pages 89-121, January/F.
  9. Marina Azzimonti, 2011. "Barriers to Investment in Polarized Societies," American Economic Review, American Economic Association, vol. 101(5), pages 2182-2204, August.
  10. Benjamin Lester, 2011. "Information and Prices with Capacity Constraints," American Economic Review, American Economic Association, vol. 101(4), pages 1591-1600, June.
  11. Benjamin Lester & Andrew Postlewaite & Randall Wright, 2011. "Information and Liquidity," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43, pages 355-377, October.
  12. Keith Sill, 2011. "Inflation dynamics and the New Keynesian Phillips curve," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 17-25.
  13. Guerron-Quintana, Pablo A., 2011. "The implications of inflation in an estimated new Keynesian model," Journal of Economic Dynamics and Control, Elsevier, vol. 35(6), pages 947-962, June.
  14. Jesus Fernandez-Villaverde & Pablo Guerron-Quintana & Juan F. Rubio-Ramirez & Martin Uribe, 2011. "Risk Matters: The Real Effects of Volatility Shocks," American Economic Review, American Economic Association, vol. 101(6), pages 2530-61, October.
  15. Guerron Pablo A & Grennes Thomas J & Leblebicioglu Asli, 2011. "Economic Development and Heterogeneity in the Great Moderation among the States," The B.E. Journal of Macroeconomics, De Gruyter, vol. 11(1), pages 1-21, July.
  16. Dean Croushore, 2011. "Frontiers of Real-Time Data Analysis," Journal of Economic Literature, American Economic Association, vol. 49(1), pages 72-100, March.
  17. Dean Croushore, 2011. "Comment," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 30(1), pages 17-20, August.

2010

  1. Satyajit Chatterjee, 2010. "De-leveraging and the financial accelerator: how Wall Street can shock main street," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 1-8.
  2. Roc Armenter & Francesc Ortega, 2010. "Credible Redistributive Policies and Migration across US States," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(2), pages 403-423, April.
  3. George Alessandria & Joseph P. Kaboski & Virgiliu Midrigan, 2010. "Inventories, Lumpy Trade, and Large Devaluations," American Economic Review, American Economic Association, vol. 100(5), pages 2304-39, December.
  4. George Alessandria & Horag Choi, 2010. "Understanding exports from the plant up," Business Review, Federal Reserve Bank of Philadelphia, issue Q4, pages 1-11.
  5. George Alessandria & Joseph P Kaboski & Virgiliu Midrigan, 2010. "The Great Trade Collapse of 2008–09: An Inventory Adjustment?," IMF Economic Review, Palgrave Macmillan, vol. 58(2), pages 254-294, December.
  6. Shigeru Fujita, 2010. "Economic effects of the unemployment insurance benefit," Business Review, Federal Reserve Bank of Philadelphia, issue Q4, pages 20-27.
  7. Francisco Covas & Shigeru Fujita, 2010. "Procyclicality of Capital Requirements in a General Equilibrium Model of Liquidity Dependence," International Journal of Central Banking, International Journal of Central Banking, vol. 6(34), pages 137-173, December.
  8. Lester, Benjamin, 2010. "Directed search with multi-vacancy firms," Journal of Economic Theory, Elsevier, vol. 145(6), pages 2108-2132, November.
  9. Schorfheide, Frank & Sill, Keith & Kryshko, Maxym, 2010. "DSGE model-based forecasting of non-modelled variables," International Journal of Forecasting, Elsevier, vol. 26(2), pages 348-373, April.
  10. Pablo A. Guerron-Quintana, 2010. "What you match does matter: the effects of data on DSGE estimation," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 25(5), pages 774-804.
  11. Jesús Fernández-Villaverde & Pablo Guerrón-Quintana & Juan F. Rubio-Ramírez, 2010. "Reading the recent monetary history of the United States, 1959-2007," Review, Federal Reserve Bank of St. Louis, issue May, pages 311-338.
  12. Thomas Grennes & Pablo Guerron-quintana & Asli Leblebicioglu, 2010. "Economic Development and Volatility among the States," Economics Bulletin, AccessEcon, vol. 30(3), pages 1963-1976.
  13. Croushore Dean, 2010. "An Evaluation of Inflation Forecasts from Surveys Using Real-Time Data," The B.E. Journal of Macroeconomics, De Gruyter, vol. 10(1), pages 1-32, May.
  14. Dean Croushore, 2010. "Philadelphia Fed forecasting surveys: their value for research," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 1-11.
  15. Burcu Eyigungor, 2010. "Specific Capital and Vintage Effects on the Dynamics of Unemployment and Vacancies," American Economic Review, American Economic Association, vol. 100(3), pages 1214-37, June.

2009

  1. Satyajit Chatterjee, 2009. "The peopling of macroeconomics: Microeconomics of aggregate consumer expenditures," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 1-10.
  2. Loretta J. Mester, 2009. "Changes in the use of electronic means of payment: 1995-2007," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 29-37.
  3. Bodenstein Martin R. & Armenter Roc, 2009. "Of Nutters and Doves," The B.E. Journal of Macroeconomics, De Gruyter, vol. 9(1), pages 1-22, September.
  4. George Alessandria, 2009. "Consumer Search, Price Dispersion, And International Relative Price Fluctuations," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 50(3), pages 803-829, 08.
  5. George Alessandria & Jarcy Zee, 2009. "The exchange rate: what's in it for prices?," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 1-9.
  6. Shigeru Fujita & Garey Ramey, 2009. "The Cyclicality Of Separation And Job Finding Rates," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 50(2), pages 415-430, 05.
  7. Shigeru Fujita & Vilas Rao, 2009. "Earnings losses of job losers during the 2001 economic downturn," Business Review, Federal Reserve Bank of Philadelphia, issue Q4, pages 1-9.
  8. Azzimonti, Marina & Sarte, Pierre-Daniel & Soares, Jorge, 2009. "Distortionary taxes and public investment when government promises are not enforceable," Journal of Economic Dynamics and Control, Elsevier, vol. 33(9), pages 1662-1681, September.
  9. Lester Benjamin, 2009. "Settlement Systems," The B.E. Journal of Macroeconomics, De Gruyter, vol. 9(1), pages 1-35, May.
  10. Keith Sill, 2009. "News about the future and economic fluctuations," Business Review, Federal Reserve Bank of Philadelphia, issue Q4, pages 22-33.
  11. Corbae, Dean & D'Erasmo, Pablo & Kuruscu, Burhanettin, 2009. "Politico-economic consequences of rising wage inequality," Journal of Monetary Economics, Elsevier, vol. 56(1), pages 43-61, January.
  12. Guerron-Quintana, Pablo A., 2009. "Money demand heterogeneity and the great moderation," Journal of Monetary Economics, Elsevier, vol. 56(2), pages 255-266, March.
  13. Dean Croushore, 2009. "Commentary on Estimating U.S. output growth with vintage data in a state-space framework," Review, Federal Reserve Bank of St. Louis, issue Jul, pages 371-382.

2008

  1. Satyajit Chatterjee, 2008. "The economic logic of a fresh start," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 1-8.
  2. Chatterjee, Satyajit & Corbae, Dean & Ríos-Rull, José-Víctor, 2008. "A finite-life private-information theory of unsecured consumer debt," Journal of Economic Theory, Elsevier, vol. 142(1), pages 149-177, September.
  3. Mester, Loretta J., 2008. "Introduction," Journal of Economics and Business, Elsevier, vol. 60(1-2), pages 1-12.
  4. Loretta J. Mester, 2008. "Financing community development: Learning from the past, looking to the future," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 34-50.
  5. Loretta J. Mester, 2008. "Innovation and regulation in financial markets: A summary of the 2007 Philadelphia Fed Policy Forum," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 35-41.
  6. Lang, William W. & Mester, Loretta J. & Vermilyea, Todd A., 2008. "Competitive effects of Basel II on US bank credit card lending," Journal of Financial Intermediation, Elsevier, vol. 17(4), pages 478-508, October.
  7. Iftekhar Hasan & Loretta J Mester, 2008. "Central Bank Institutional Structure and Effective Central Banking: Cross-Country Empirical Evidence," Comparative Economic Studies, Palgrave Macmillan, vol. 50(4), pages 620-645, December.
  8. Roc Armenter, 2008. "A General Theory (and Some Evidence) of Expectation Traps in Monetary Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(5), pages 867-895, 08.
  9. Armenter, Roc & Bodenstein, Martin, 2008. "Can The U.S. Monetary Policy Fall (Again) In An Expectation Trap?," Macroeconomic Dynamics, Cambridge University Press, vol. 12(05), pages 664-693, November.
  10. Armenter, Roc, 2008. "A note on incomplete factor taxation," Journal of Public Economics, Elsevier, vol. 92(10-11), pages 2275-2281, October.
  11. Alessandria, George & Delacroix, Alain, 2008. "Trade and the (dis)incentive to reform labor markets: The case of reform in the European Union," Journal of International Economics, Elsevier, vol. 75(1), pages 151-166, May.
  12. George Alessandria & Joseph Kaboski, 2008. "Why are goods so cheap in some countries?," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 1-12.
  13. Shigeru Fujita, 2008. "Creative destruction and aggregate productivity growth," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 12-20.
  14. Azzimonti, Marina, 2008. "Comment on: "Politically sustainable social insurance" by C. Sleet and S. Yeltekin," Journal of Monetary Economics, Elsevier, vol. 55(1), pages 152-158, January.
  15. Marina Azzimonti & Eva de Francisco & Per Krusell, 2008. "Aggregation and Aggregation," Journal of the European Economic Association, MIT Press, vol. 6(2-3), pages 381-394, 04-05.
  16. Azzimonti, Marina & de Francisco, Eva & Krusell, Per, 2008. "Production subsidies and redistribution," Journal of Economic Theory, Elsevier, vol. 142(1), pages 73-99, September.
  17. Keith Sill, 2008. "The evolution of the world income distribution," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 23-32.
  18. Guerron-Quintana, Pablo A., 2008. "Refinements on macroeconomic modeling: The role of non-separability and heterogeneous labor supply," Journal of Economic Dynamics and Control, Elsevier, vol. 32(11), pages 3613-3630, November.

2007

  1. Carlino, Gerald A. & Chatterjee, Satyajit & Hunt, Robert M., 2007. "Urban density and the rate of invention," Journal of Urban Economics, Elsevier, vol. 61(3), pages 389-419, May.
  2. Chatterjee, Satyajit & Corbae, Dean, 2007. "On the aggregate welfare cost of Great Depression unemployment," Journal of Monetary Economics, Elsevier, vol. 54(6), pages 1529-1544, September.
  3. Satyajit Chatterjee & Dean Corbae & Makoto Nakajima & José-Víctor Ríos-Rull, 2007. "A Quantitative Theory of Unsecured Consumer Credit with Risk of Default," Econometrica, Econometric Society, vol. 75(6), pages 1525-1589, November.
  4. Loretta J. Mester, 2007. "Some thoughts on the evolution of the banking system and the process of financial intermediation," Economic Review, Federal Reserve Bank of Atlanta, issue Q1-2, pages 67 - 75.
  5. Loretta J. Mester, 2007. "Economic growth and development: perspectives for policy makers," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 30-39.
  6. Roc Armenter, 2007. "Time-Consistent Fiscal Policy and Heterogeneous Agents," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 10(1), pages 31-54, January.
  7. Antonio Cabrales & Rosemarie Nagel & Roc Armenter, 2007. "Equilibrium selection through incomplete information in coordination games: an experimental study," Experimental Economics, Springer, vol. 10(3), pages 221-234, September.
  8. George Alessandria & Horag Choi, 2007. "Do Sunk Costs of Exporting Matter for Net Export Dynamics?," The Quarterly Journal of Economics, MIT Press, vol. 122(1), pages 289-336, 02.
  9. George Alessandria, 2007. "Trade deficits aren’t as bad as you think," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 1-10.
  10. Fujita, Shigeru & Ramey, Garey, 2007. "Job matching and propagation," Journal of Economic Dynamics and Control, Elsevier, vol. 31(11), pages 3671-3698, November.
  11. Shigeru Fujita, 2007. "What do worker flows tell us about cyclical fluctuations in employment?," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 1-10.
  12. Marina Azzimonti & Pierre-Daniel G. Sarte, 2007. "Barriers to foreign direct investment under political instability," Economic Quarterly, Federal Reserve Bank of Richmond, issue Sum, pages 287-315.
  13. Sylvain Leduc & Keith Sill, 2007. "Monetary Policy, Oil Shocks, and TFP: Accounting for the Decline in U.S. Volatility," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 10(4), pages 595-614, October.
  14. Keith Sill, 2007. "The macroeconomics of oil shocks," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 21-31.
  15. Leduc, Sylvain & Sill, Keith & Stark, Tom, 2007. "Self-fulfilling expectations and the inflation of the 1970s: Evidence from the Livingston Survey," Journal of Monetary Economics, Elsevier, vol. 54(2), pages 433-459, March.

2006

  1. Satyajit Chatterjee, 2006. "The long-run effects of the bankruptcy reform bill," Research Rap Special Report, Federal Reserve Bank of Philadelphia, issue Oct.
  2. Calem, Paul S. & Gordy, Michael B. & Mester, Loretta J., 2006. "Switching costs and adverse selection in the market for credit cards: New evidence," Journal of Banking & Finance, Elsevier, vol. 30(6), pages 1653-1685, June.
  3. Loretta J. Mester, 2006. "Fiscal imbalance: problems, solutions, and implications," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 31-39.
  4. Loretta J. Mester, 2006. "Changes in the use of electronic means of payment: 1995-2004," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 26-30.
  5. N. Neil K. Khettry & Loretta J. Mester, 2006. "Core inflation as a predictor of total inflation," Research Rap Special Report, Federal Reserve Bank of Philadelphia, issue Apr.
  6. Mitchell Berlin, 2006. "Debt maturity: What do economists say? What do CFOs say?," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 3-10.
  7. Marina Azzimonti & Eva de Francisco & Per Krusell, 2006. "Median-voter Equilibria in the Neoclassical Growth Model under Aggregation," Scandinavian Journal of Economics, Wiley Blackwell, vol. 108(4), pages 587-606, December.
  8. Croushore, Dean & Evans, Charles L., 2006. "Data revisions and the identification of monetary policy shocks," Journal of Monetary Economics, Elsevier, vol. 53(6), pages 1135-1160, September.
  9. Dean Croushore, 2006. "Consumer confidence surveys: can they help us forecast consumer spending in real time?," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 1-9.

2005

  1. Satyajit Chatterjee, 2005. "Ores and scores: two cases of how competition led to productivity "miracles."," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 7-15.
  2. Berger, Allen N. & Mester, Loretta J., 2005. "Erratum to "Explaining the dramatic changes in performance of US banks: Technological change, deregulation, and dynamic changes in competition" [J. Fin. Intermed. 12 (2003) 57-95]," Journal of Financial Intermediation, Elsevier, vol. 14(2), pages 278-279, April.
  3. Loretta J. Mester, 2005. "Challenges and opportunities in a global economy: perspectives on outsourcing, exchange rates, and free trade: a summary of the 2004 Philadelphia Fed Policy Forum," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 36-48.
  4. Alessandria, George & Qian, Jun, 2005. "Endogenous financial intermediation and real effects of capital account liberalization," Journal of International Economics, Elsevier, vol. 67(1), pages 97-128, September.
  5. Keith Sill, 2005. "Do budget deficits cause inflation?," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 26-33.
  6. Croushore, Dean, 2005. "Do consumer-confidence indexes help forecast consumer spending in real time?," The North American Journal of Economics and Finance, Elsevier, vol. 16(3), pages 435-450, December.

2004

  1. Berlin, Mitchell & Mester, Loretta J., 2004. "Retail credit risk management and measurement: An introduction to the special issue," Journal of Banking & Finance, Elsevier, vol. 28(4), pages 721-725, April.
  2. Berlin, Mitchell & Mester, Loretta J., 2004. "Credit card rates and consumer search," Review of Financial Economics, Elsevier, vol. 13(1-2), pages 179-198.
  3. Loretta J. Mester, 2004. "Managing the recovery in uncertain times: a summary of the 2003 Philadelphia Fed Policy Forum," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 44-53.
  4. Mitchell Berlin, 2004. "True confessions: should banks be required to disclose more?," Business Review, Federal Reserve Bank of Philadelphia, issue Q4, pages 7-15.
  5. George Alessandria, 2004. "International Deviations From The Law Of One Price: The Role Of Search Frictions And Market Share," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 45(4), pages 1263-1291, November.
  6. Keith Sill, 2004. "What accounts for the postwar decline in economic volatility?," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 23-31.
  7. Leduc, Sylvain & Sill, Keith, 2004. "A quantitative analysis of oil-price shocks, systematic monetary policy, and economic downturns," Journal of Monetary Economics, Elsevier, vol. 51(4), pages 781-808, May.

2003

  1. Satyajit Chatterjee, 2003. "Agglomeration economies: the spark that ignites a city?," Business Review, Federal Reserve Bank of Philadelphia, issue Q4, pages 6-13.
  2. Berger, Allen N. & Mester, Loretta J., 2003. "Explaining the dramatic changes in performance of US banks: technological change, deregulation, and dynamic changes in competition," Journal of Financial Intermediation, Elsevier, vol. 12(1), pages 57-95, January.
  3. Hughes, Joseph P. & Lang, William W. & Mester, Loretta J. & Moon, Choon-Geol & Pagano, Michael S., 2003. "Do bankers sacrifice value to build empires? Managerial incentives, industry consolidation, and financial performance," Journal of Banking & Finance, Elsevier, vol. 27(3), pages 417-447, March.
  4. Loretta J. Mester, 2003. "Crises, contagion, and coordination: a summary of the 2002 Philadelphia Fed Policy Forum," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 8-15.
  5. Loretta J. Mester, 2003. "Changes in the use of electronic means of payment: 1995-2001," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 18-28.
  6. Mitchell Berlin, 2003. "Trade credit: why do production firms act as financial intermediaries?," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 21-28.
  7. Dean Croushore, 2003. "U.S. coins: forecasting change," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 6-13.
  8. Ball, Laurence & Croushore, Dean, 2003. " Expectations and the Effects of Monetary Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 35(4), pages 473-84, August.
  9. Dean Croushore & Tom Stark, 2003. "A Real-Time Data Set for Macroeconomists: Does the Data Vintage Matter?," The Review of Economics and Statistics, MIT Press, vol. 85(3), pages 605-617, August.

2002

  1. Satyajit Chatterjee, 2002. "The Taylor curve and the unemployment-inflation tradeoff," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 26-33.
  2. Gerald Carlino & Satyajit Chatterjee, 2002. "Employment Deconcentration: A New Perspective on America's Postwar Urban Evolution," Journal of Regional Science, Wiley Blackwell, vol. 42(3), pages 445-475.
  3. Loretta J. Mester, 2002. "The Philadelphia Fed Policy Forum: summary of the 2001 Policy Forum and announcement of the 2002 Policy Forum," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 6-15.
  4. Loretta Mester, 2002. "Is the personal bankruptcy system bankrupt?," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 31-44.
  5. Mitchell Berlin, 2002. "Should business bankruptcy be a one-chapter book?," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 18-25.
  6. Keith Sill, 2002. "Widening the wage gap: the skill premium and technology," Business Review, Federal Reserve Bank of Philadelphia, issue Q4, pages 25-32.
  7. Stark, Tom & Croushore, Dean, 2002. "Forecasting with a real-time data set for macroeconomists," Journal of Macroeconomics, Elsevier, vol. 24(4), pages 507-531, December.
  8. Stark, Tom & Croushore, Dean, 2002. "Reply to the comments on 'Forecasting with a real-time data set for macroeconomists'," Journal of Macroeconomics, Elsevier, vol. 24(4), pages 563-567, December.
  9. Croushore, D., 2002. "Comments on 'The state of macroeconomic forecasting'," Journal of Macroeconomics, Elsevier, vol. 24(4), pages 483-489, December.

2001

  1. Satyajit Chatterjee, 2001. "Why does countercyclical monetary policy matter?," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 7-14.
  2. Chatterjee, Satyajit & Carlino, Gerald A., 2001. "Aggregate metropolitan employment growth and the deconcentration of metropolitan employment," Journal of Monetary Economics, Elsevier, vol. 48(3), pages 549-583, December.
  3. Satyajit Chatterjee, 2001. "¿Por qué tiene importancia la política monetaria contracíclica?," Boletín, Centro de Estudios Monetarios Latinoamericanos, vol. 0(4), pages 184-192, octubre-d.
  4. Berlin, Mitchell & Mester, Loretta J., 2001. "Lender Liability and Large Investors," Journal of Financial Intermediation, Elsevier, vol. 10(2), pages 108-137, April.
  5. Hughes, Joseph P. & Mester, Loretta J. & Moon, Choon-Geol, 2001. "Are scale economies in banking elusive or illusive?: Evidence obtained by incorporating capital structure and risk-taking into models of bank production," Journal of Banking & Finance, Elsevier, vol. 25(12), pages 2169-2208, December.
  6. Loretta J. Mester, 2001. "Changes in the use of electronic means of payment," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 10-12.
  7. Loretta Mester & Anthony Saunders, 2001. "Introduction: Special Issue on the Banking and Finance Workshop," Journal of Financial Services Research, Springer, vol. 19(2), pages 93-97, April.
  8. Mitchell Berlin, 2001. ""We control the vertical": three theories of the firm," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 13-22.
  9. Keith Sill, 2001. "The gains from international risk-sharing," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 23-32.
  10. Gerald Carlino & Keith Sill, 2001. "Regional Income Fluctuations: Common Trends And Common Cycles," The Review of Economics and Statistics, MIT Press, vol. 83(3), pages 446-456, August.
  11. Carlino, Gerald A. & DeFina, Robert H. & Sill, Keith, 2001. "Sectoral Shocks and Metropolitan Employment Growth," Journal of Urban Economics, Elsevier, vol. 50(3), pages 396-417, November.
  12. Laurence Ball & Dean Croushore, 2001. "How do forecasts respond to changes in monetary policy?," Business Review, Federal Reserve Bank of Philadelphia, issue Q4, pages 9-16.
  13. Croushore, Dean & Stark, Tom, 2001. "A real-time data set for macroeconomists," Journal of Econometrics, Elsevier, vol. 105(1), pages 111-130, November.

2000

  1. Satyajit Chatterjee, 2000. "From cycles to shocks: progress in business-cycle theory," Business Review, Federal Reserve Bank of Philadelphia, issue Mar, pages 27-37.
  2. Loretta J. Mester, 2000. "The changing nature of the payments system: should new players mean new rules?," Business Review, Federal Reserve Bank of Philadelphia, issue Mar, pages 3-26.
  3. Joseph Hughes & William Lang & Loretta Mester & Choon-Geol Moon, 2000. "Recovering Risky Technologies Using the Almost Ideal Demand System: An Application to U.S. Banking," Journal of Financial Services Research, Springer, vol. 18(1), pages 5-27, October.
  4. Mitchell Berlin, 2000. "Why don't banks take stock?," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 3-15.

1999

  1. Satyajit Chatterjee, 1999. "Real business cycles: a legacy of countercyclical policies?," Business Review, Federal Reserve Bank of Philadelphia, issue Jan, pages 17-27.
  2. Chatterjee, Satyajit & Ravikumar, B., 1999. "Minimum Consumption Requirements: Theoretical And Quantitative Implications For Growth And Distribution," Macroeconomic Dynamics, Cambridge University Press, vol. 3(04), pages 482-505, December.
  3. Berlin, Mitchell & Mester, Loretta J, 1999. "Deposits and Relationship Lending," Review of Financial Studies, Society for Financial Studies, vol. 12(3), pages 579-607.
  4. Hughes, Joseph P. & Lang, William W. & Mester, Loretta J. & Moon, Choon-Geol, 1999. "The dollars and sense of bank consolidation," Journal of Banking & Finance, Elsevier, vol. 23(2-4), pages 291-324, February.
  5. Loretta J. Mester, 1999. "Banking industry's consolidation: what's a small business to do?," Business Review, Federal Reserve Bank of Philadelphia, issue Jan, pages 3-16.
  6. Mitchell Berlin, 1999. "Jack of all trades? Product diversification in nonfinancial firms," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 15-29.
  7. Keith Sill, 1999. "Forecasts, indicators and monetary policy," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 3-14.
  8. Dean Croushore, 1999. "How useful are forecasts of corporate profits?," Business Review, Federal Reserve Bank of Philadelphia, issue Sep, pages 3-12.

1998

  1. Berlin, Mitchell & Mester, Loretta J., 1998. "On the profitability and cost of relationship lending," Journal of Banking & Finance, Elsevier, vol. 22(6-8), pages 873-897, August.
  2. Berlin, Mitchell & Mester, Loretta J, 1998. "Intermediation and Vertical Integration," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 30(3), pages 500-519, August.
  3. Joseph P. Hughes & Loretta J. Mester, 1998. "Bank Capitalization And Cost: Evidence Of Scale Economies In Risk Management And Signaling," The Review of Economics and Statistics, MIT Press, vol. 80(2), pages 314-325, May.
  4. Mitchell Berlin, 1998. "That thing venture capitalist do," Business Review, Federal Reserve Bank of Philadelphia, issue Jan, pages 15-26.
  5. Keith Sill, 1998. "Restructuring during recessions: a silver lining in the cloud?," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 15-31.
  6. Keith Sill, 1998. "An Empirical Investigation of Money Demand: Evidence from a Cash-In-Advance Model," Canadian Journal of Economics, Canadian Economics Association, vol. 31(1), pages 125-147, February.
  7. Dean Croushore, 1998. "Low inflation: the surprise of the 1990s," Business Review, Federal Reserve Bank of Philadelphia, issue Jul, pages 3-12.
  8. Stark, Tom & Croushore, Dean, 1998. "Evaluating McCallum's Rule When Monetary Policy Matters," Journal of Macroeconomics, Elsevier, vol. 20(3), pages 451-485, July.

1997

  1. Berger, Allen N. & Mester, Loretta J., 1997. "Inside the black box: What explains differences in the efficiencies of financial institutions?," Journal of Banking & Finance, Elsevier, vol. 21(7), pages 895-947, July.
  2. Loretta J. Mester, 1997. "What's the point of credit scoring?," Business Review, Federal Reserve Bank of Philadelphia, issue Sep, pages 3-16.
  3. Mester, Loretta J., 1997. "Measuring efficiency at U.S. banks: Accounting for heterogeneity is important," European Journal of Operational Research, Elsevier, vol. 98(2), pages 230-242, April.
  4. Gerald Carlino & Keith Sill, 1997. "Regional economies: separating trends from cycles," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 19-31.
  5. Keith Sill, 1997. "The economic benefits and risks of derivative securities," Business Review, Federal Reserve Bank of Philadelphia, issue Jan, pages 15-26.
  6. Dean Croushore, 1997. "The Livingston Survey: still useful after all these years," Business Review, Federal Reserve Bank of Philadelphia, issue Mar, pages 15-27.

1996

  1. Satyajit Chatterjee, 1996. "Taxes, homeownership, and the allocation of residential real estate risks," Business Review, Federal Reserve Bank of Philadelphia, issue Sep, pages 3-10.
  2. Chatterjee, Satyajit & Corbae, Dean, 1996. "Money and finance with costly commitment," Journal of Monetary Economics, Elsevier, vol. 37(2-3), pages 225-248, April.
  3. Satyajit Chatterjee, 1996. "Inflation, financial markets and capital formation - commentary," Review, Federal Reserve Bank of St. Louis, issue May, pages 38-40.
  4. Mester, Loretta J., 1996. "A study of bank efficiency taking into account risk-preferences," Journal of Banking & Finance, Elsevier, vol. 20(6), pages 1025-1045, July.
  5. Loretta J. Mester, 1996. "Repealing Glass-Steagall: the past points the way to the future," Business Review, Federal Reserve Bank of Philadelphia, issue Jul, pages 3-18.
  6. Joseph P. Hughes & William Lang & Loretta J. Mester & Choon-Geol Moon, 1996. "Efficient banking under interstate branching," Proceedings, Board of Governors of the Federal Reserve System (U.S.), pages 1045-1075.
  7. Mitchell Berlin, 1996. "For better and for worse: three lending relationships," Business Review, Federal Reserve Bank of Philadelphia, issue Nov, pages 3-12.
  8. Berlin, Mitchell & John, Kose & Saunders, Anthony, 1996. "Bank Equity Stakes in Borrowing Firms and Financial Distress," Review of Financial Studies, Society for Financial Studies, vol. 9(3), pages 889-919.
  9. Keith Sill, 1996. "The cyclical volatility of interest rates," Business Review, Federal Reserve Bank of Philadelphia, issue Jan, pages 15-29.
  10. Dean Croushore, 1996. "Inflation forecasts: how good are they?," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 15-25.
  11. Croushore, Dean, 1996. "Ricardian Equivalence with Wage-Rate Uncertainty," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 28(3), pages 279-93, August.
  12. Shaghil Ahmed & Dean Croushore, 1996. "The Marginal Cost of Funds With Nonseparable Public Spending," Public Finance Review, , vol. 24(2), pages 216-236, April.

1995

  1. Chatterjee, Satyajit & Corbae, Dean, 1995. "Valuation Equilibria with Transactions Costs," American Economic Review, American Economic Association, vol. 85(2), pages 287-90, May.
  2. Satyajit Chatterjee, 1995. "Productivity growth and the American business cycle," Business Review, Federal Reserve Bank of Philadelphia, issue Sep, pages 13-22.
  3. Calem, Paul S & Mester, Loretta J, 1995. "Consumer Behavior and the Stickiness of Credit-Card Interest Rates," American Economic Review, American Economic Association, vol. 85(5), pages 1327-36, December.
  4. Mester, Loretta J. & Saunders, Anthony, 1995. "When does the prime rate change?," Journal of Banking & Finance, Elsevier, vol. 19(5), pages 743-764, August.
  5. Loretta J. Mester, 1995. "There's more than one way to sell a security: the Treasury's auction experiment," Business Review, Federal Reserve Bank of Philadelphia, issue Jul, pages 3-17.
  6. Dean Croushore & Tom Stark, 1995. "Evaluating McCallum's rule for monetary policy," Business Review, Federal Reserve Bank of Philadelphia, issue Jan, pages 3-14.
  7. Ahmed, Shaghil & Croushore, Dean, 1995. "The Importance of the Tax System in Determining the Marginal Cost of Funds," Public Finance = Finances publiques, , vol. 50(2), pages 173-81.

1994

  1. Satyajit Chatterjee, 1994. "Making more out of less: the recipe for long-term economic growth," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 3-15.
  2. Chatterjee, Satyajit, 1994. "Transitional dynamics and the distribution of wealth in a neoclassical growth model," Journal of Public Economics, Elsevier, vol. 54(1), pages 97-119, May.
  3. Mester, Loretta J, 1994. "Why Are Credit Card Rates Sticky?," Economic Theory, Springer, vol. 4(4), pages 505-30, May.
  4. Mester, Loretta J, 1994. "Borrower and Neighborhood Racial and Income Characteristics and Financial Institution Mortgage Application Screening: Comments," The Journal of Real Estate Finance and Economics, Springer, vol. 9(3), pages 241-43, November.
  5. Mester, Loretta J, 1994. "Further Evidence Concerning Expense Preference and the Fed," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 26(1), pages 125-45, February.
  6. Loretta J. Mester, 1994. "How efficient are Third District banks?," Business Review, Federal Reserve Bank of Philadelphia, issue Jan, pages 3-18.
  7. Mailath George J. & Mester Loretta J., 1994. "A Positive Analysis of Bank Closure," Journal of Financial Intermediation, Elsevier, vol. 3(3), pages 272-299, June.
  8. Keith D. Sill, 1994. "Managing the public debt," Business Review, Federal Reserve Bank of Philadelphia, issue Jul, pages 3-13.
  9. Croushore, Dean & Koot, Ronald S., 1994. "A measure of federal reserve credibility," Journal of Policy Modeling, Elsevier, vol. 16(2), pages 215-231, April.

1993

  1. Satyajit Chatterjee, 1993. "Leaning against the seasonal wind: is there a cause for seasonal smoothing of interest rates?," Business Review, Federal Reserve Bank of Philadelphia, issue Mar, pages 13-24.
  2. Chatterjee, Satyajit & Cooper, Russell & Ravikumar, B, 1993. "Strategic Complementarity in Business Formation: Aggregate Fluctuations and Sunspot Equilibria," Review of Economic Studies, Wiley Blackwell, vol. 60(4), pages 795-811, October.
  3. Mester, Loretta J., 1993. "Efficiency in the savings and loan industry," Journal of Banking & Finance, Elsevier, vol. 17(2-3), pages 267-286, April.
  4. Mester, Loretta J., 1993. "Discussants' comments on Berg . and McAllister and McManus," Journal of Banking & Finance, Elsevier, vol. 17(2-3), pages 407-410, April.
  5. D. Keith Sill, 1993. "Predicting stock-market volatility," Business Review, Federal Reserve Bank of Philadelphia, issue Jan, pages 15-28.
  6. Dean Croushore, 1993. "Introducing: the survey of professional forecasters," Business Review, Federal Reserve Bank of Philadelphia, issue Nov, pages 3-15.
  7. Croushore, Dean, 1993. "Money in the utility function: Functional equivalence to a shopping-time model," Journal of Macroeconomics, Elsevier, vol. 15(1), pages 175-182.

1992

  1. Chatterjee, Satyajit & Corbae, Dean, 1992. "Endogenous Market Participation and the General Equilibrium Value of Money," Journal of Political Economy, University of Chicago Press, vol. 100(3), pages 615-46, June.
  2. Chatterjee, Satyajit & Ravikumar, B., 1992. "A neoclassical model of seasonal fluctuations," Journal of Monetary Economics, Elsevier, vol. 29(1), pages 59-86, February.
  3. Mester, Loretta J., 1992. "Traditional and nontraditional banking: An information-theoretic approach," Journal of Banking & Finance, Elsevier, vol. 16(3), pages 545-566, June.
  4. Loretta J. Mester, 1992. "Perpetual Signalling with Imperfectly Correlated Costs," RAND Journal of Economics, The RAND Corporation, vol. 23(4), pages 548-563, Winter.
  5. Loretta J. Mester, 1992. "Banking and commerce: a dangerous liaison?," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 17-29.
  6. Berlin, Mitchell & Mester, Loretta J., 1992. "Debt covenants and renegotiation," Journal of Financial Intermediation, Elsevier, vol. 2(2), pages 95-133, June.
  7. Dean Croushore, 1992. "What are the costs of disinflation?," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 3-16.

1991

  1. Mester, Loretta J., 1991. "Agency costs among savings and loans," Journal of Financial Intermediation, Elsevier, vol. 1(3), pages 257-278, June.
  2. Berlin, Mitchell & Saunders, Anthony & Udell, Gregory F., 1991. "Special issue on deposit insurance reform," Journal of Banking & Finance, Elsevier, vol. 15(4-5), pages 733-734, September.
  3. Berlin, Mitchell & Saunders, Anthony & Udell, Gregory F., 1991. "Deposit insurance reform: What are the issues and what needs to be fixed?," Journal of Banking & Finance, Elsevier, vol. 15(4-5), pages 735-752, September.

1990

  1. Loretta J. Mester, 1990. "Curing our ailing deposit-insurance system," Business Review, Federal Reserve Bank of Philadelphia, issue Sep, pages 13-24.
  2. Dean Croushore, 1990. "How big is your share of government debt?," Business Review, Federal Reserve Bank of Philadelphia, issue Nov, pages 3-12.
  3. Dean D. Croushore & Ronald S. Koot & David A. Walker, 1990. "Economic Stability and the Government Deficit," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 12(3), pages 390-403, April.

1989

  1. Chatterjee, Satyajit & Cooper, Russell, 1989. "Multiplicity of Equilibria and Fluctuations in Dynamic Imperfectly Competitive Economies," American Economic Review, American Economic Association, vol. 79(2), pages 353-57, May.
  2. Loretta J. Mester, 1989. "Testing for Expense Preference Behavior: Mutual versus Stock Savings and Loans," RAND Journal of Economics, The RAND Corporation, vol. 20(4), pages 483-498, Winter.
  3. Loretta J. Mester, 1989. "Owners versus managers: who controls the bank?," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 13-23.
  4. Mester, Loretta J., 1989. "Viability in multiproduct industries," Economics Letters, Elsevier, vol. 31(3), pages 273-276, December.
  5. Dean D. Croushore, 1989. "What Neutrality Means in Macroeconomics: Reply," Eastern Economic Journal, Eastern Economic Association, vol. 15(2), pages 150-152, Apr-Jun.

1988

  1. Loretta J. Mester, 1988. "Going, going, gone: setting prices with auctions," Business Review, Federal Reserve Bank of Philadelphia, issue Mar, pages 3-13.
  2. Mitchell Berlin, 1988. "Banking reform: an overview of the restructuring debate," Business Review, Federal Reserve Bank of Philadelphia, issue Jul, pages 3-14.
  3. Berlin, Mitchell & Loeys, Jan, 1988. " Bond Covenants and Delegated Monitoring," Journal of Finance, American Finance Association, vol. 43(2), pages 397-412, June.

1987

  1. Mester, Loretta J, 1987. "Multiple Market Contact between Savings and Loans: A Note," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 19(4), pages 538-49, November.
  2. Loretta J. Mester, 1987. "Efficient production of financial services: scale and scope economies," Business Review, Federal Reserve Bank of Philadelphia, issue Jan, pages 15-25.
  3. Mester, Loretta J, 1987. " A Multiproduct Cost Study of Savings and Loans," Journal of Finance, American Finance Association, vol. 42(2), pages 423-45, June.
  4. Mitchell Berlin, 1987. "Bank loans and marketable securities: how do financial contracts control borrowing firms?," Business Review, Federal Reserve Bank of Philadelphia, issue Jul, pages 9-18.
  5. Dean D. Croushore, 1987. "The Neutrality of Optimal Government Financial Policy: Supplying the Intergenerational Free Lunch," Eastern Economic Journal, Eastern Economic Association, vol. 13(2), pages 123-136, Apr-Jun.

1986

  1. Mitchell Berlin, 1986. "Loan commitments: insurance contracts in a risky world," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 3-12.

Chapters

2010

  1. Loretta J. Mester, 2010. "Comment on "A New Metric for Banking Integration in Europe"," NBER Chapters, in: Europe and the Euro, pages 246-253 National Bureau of Economic Research, Inc.

2006

  1. Croushore, Dean, 2006. "Forecasting with Real-Time Macroeconomic Data," Handbook of Economic Forecasting, Elsevier.

Software components

2013

  1. Siddharth Kothari & Itay Saporta Eksten & Edison Yu, 2013. "Code and data files for ""The (Un)importance of Geographical Mobility in the Great Recession"," Computer Codes 12-205, Review of Economic Dynamics.

2010

  1. Roc Armenter & Francesc Ortega, 2010. "Code files for "Credible Redistributive Policies and Migration across US States"," Computer Codes 09-58, Review of Economic Dynamics.