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Nicholas Trachter

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Buera, Francisco & Hopenhayn, Hugo & Shin, Yongseok & Trachter, Nicholas, 2021. "Big Push in Distorted Economies," CEPR Discussion Papers 15910, C.E.P.R. Discussion Papers.

    Cited by:

    1. Lucas A. Mariani & Jose Renato Haas Ornelas & Bernardo Ricca, 2023. "Banks’ Physical Footprint and Financial Technology Adoption," Working Papers Series 576, Central Bank of Brazil, Research Department.
    2. Mariani, Lucas A. & Haas Ornelas, José Renato & Ricca, Bernardo, 2023. "Banks’ Physical Footprint and Financial Technology Adoption," IDB Publications (Working Papers) 12812, Inter-American Development Bank.
    3. Francisco J. Buera & Nicholas Trachter, 2024. "Sectoral Development Multipliers," Working Paper 24-02, Federal Reserve Bank of Richmond.

  2. Rossi-Hansberg, Esteban & Oberfield, Ezra & Sarte, Pierre-Daniel & Trachter, Nicholas, 2020. "Plants in Space," CEPR Discussion Papers 14823, C.E.P.R. Discussion Papers.
    • Ezra Oberfield & Esteban Rossi-Hansberg & Nicholas Trachter & Pierre-Daniel Sarte, 2019. "Plants in Space," 2019 Meeting Papers 1507, Society for Economic Dynamics.
    • Ezra Oberfield & Esteban Rossi-Hansberg & Pierre-Daniel G. Sarte & Nicholas Trachter, 2020. "Plants in Space," Working Paper 20-05, Federal Reserve Bank of Richmond.
    • Ezra Oberfield & Esteban Rossi-Hansberg & Pierre-Daniel Sarte & Nicholas Trachter, 2020. "Plants in Space," NBER Working Papers 27303, National Bureau of Economic Research, Inc.

    Cited by:

    1. Pauly, Stefan & Stipanicic, Fernando, 2021. "The creation and diffusion of knowledge: Evidence from the Jet Age," CEPREMAP Working Papers (Docweb) 2112, CEPREMAP.
    2. Chang-Tai Hsieh & Esteban Rossi-Hansberg, 2023. "The Industrial Revolution in Services," Journal of Political Economy Macroeconomics, University of Chicago Press, vol. 1(1), pages 3-42.
    3. Acosta, Camilo & Lyngemark, Ditte Håkonsson, 2019. "The Internal Spatial Organization of Firms: Evidence from Denmark," MPRA Paper 95283, University Library of Munich, Germany.
    4. Yuhei Miyauchi & Kentaro Nakajima & Stephen J. Redding, 2022. "The Economics of Spatial Mobility: Theory and Evidence Using Smartphone Data," Working Papers 295, Princeton University, Department of Economics, Center for Economic Policy Studies..
    5. Cameron LAPOINT & SAKABE Shogo, 2021. "Place-Based Policies and the Geography of Corporate Investment," Discussion papers 21059, Research Institute of Economy, Trade and Industry (RIETI).
    6. Gianandrea Lanzara & Matteo Santacesaria, 2021. "Market Areas in General Equilibrium," Papers 2110.15849, arXiv.org, revised Feb 2023.

  3. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2019. "An Information-Based Theory of Financial Intermediation," Working Paper 19-12, Federal Reserve Bank of Richmond.

    Cited by:

    1. Weill, Pierre-Olivier & Hugonnier, Julien & Lester, Benjamin, 2020. "Heterogeneity in Decentralized Asset Markets," CEPR Discussion Papers 14274, C.E.P.R. Discussion Papers.
    2. Pierre-Olivier Weill, 2020. "The search theory of OTC markets," NBER Working Papers 27354, National Bureau of Economic Research, Inc.
    3. Weill, Pierre-Olivier & Dugast, Jérôme & Uslu, Semih, 2019. "A Theory of Participation in OTC and Centralized Markets," CEPR Discussion Papers 14258, C.E.P.R. Discussion Papers.
    4. Miroslav Gabrovski & Ioannis Kospentaris, 2020. "Intermediation in Over-the-Counter Markets with Price Transparency," Working Papers 202017, University of Hawaii at Manoa, Department of Economics.
    5. Benjamin Lester & Ali Shourideh & Venky Venkateswaran & Ariel Zetlin-Jones, 2018. "Market-making with Search and Information Frictions," NBER Working Papers 24648, National Bureau of Economic Research, Inc.

  4. Rossi-Hansberg, Esteban & Sarte, Pierre-Daniel & Trachter, Nicholas, 2018. "Diverging Trends in National and Local Concentration," CEPR Discussion Papers 13174, C.E.P.R. Discussion Papers.

    Cited by:

    1. Alessandra Bonfiglioli & Rosario Crinò & Gino Gancia, 2019. "Concentration in international markets: evidence from US Imports," Economics Working Papers 1635, Department of Economics and Business, Universitat Pompeu Fabra.
    2. Ezra Oberfield & Esteban Rossi-Hansberg & Pierre-Daniel G. Sarte & Nicholas Trachter, 2020. "Plants in Space," Working Paper 20-05, Federal Reserve Bank of Richmond.
    3. Andrew Foerster & Andreas Hornstein & Mark Watson & Pierre-Daniel Sarte, 2019. "Sectoral and Aggregate Structural Change," 2019 Meeting Papers 532, Society for Economic Dynamics.
    4. Marta Aloi & Joanna Poyago-Theotoky & Frédéric Tournemaine, 2022. "The Geography of Knowledge and R&D-led Growth [Real effects ofacademic research: comment]," Journal of Economic Geography, Oxford University Press, vol. 22(6), pages 1149-1190.
    5. Pérez, Jorge & Vial, Felipe & Zárate, Román, 2022. "Urban Transit Infrastructure: Spatial Mismatch and Labor Market Power," Research Department working papers 1992, CAF Development Bank Of Latinamerica.
    6. Ufuk Akcigit & Sina T. Ates, 2019. "What Happened to U.S. Business Dynamism?," NBER Working Papers 25756, National Bureau of Economic Research, Inc.
    7. Satyajit Chatterjee & Burcu Eyigungor, 2022. "The Firm Size-Leverage Relationship and Its Implications for Entry and Business Concentration," Working Papers 22-07, Federal Reserve Bank of Philadelphia.
    8. Joel Stiebale & Florian Szücs, 2022. "Mergers and market power: evidence from rivals' responses in European markets," RAND Journal of Economics, RAND Corporation, vol. 53(4), pages 678-702, December.
    9. Bajgar, Matej & Berlingieri, Giuseppe & Calligaris, Sara & Criscuolo, Chiara & Timmis, Jonathan, 2019. "Industry concentration in Europe and North America," LSE Research Online Documents on Economics 103427, London School of Economics and Political Science, LSE Library.
    10. Chang-Tai Hsieh & Esteban Rossi-Hansberg, 2023. "The Industrial Revolution in Services," Journal of Political Economy Macroeconomics, University of Chicago Press, vol. 1(1), pages 3-42.
    11. Xian Jiang, 2023. "Information and Communication Technology and Firm Geographic Expansion," CESifo Working Paper Series 10452, CESifo.
    12. Pauline Affeldt & Tomaso Duso & Klaus Gugler & Joanna Piechucka, 2021. "Market Concentration in Europe: Evidence from Antitrust Markets," CESifo Working Paper Series 8866, CESifo.
    13. Bighelli, Tommaso & Mertens, Matthias & Di Mauro, Filippo & Melitz, Marc, 2022. "European firm concentration and aggregate productivity," Single Market Economics Papers WP2022/9, Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (European Commission), Chief Economist Team.
    14. Van Reenen, John & Autor, David & Dorn, David & Katz, Lawrence & Patterson, Christina, 2017. "The Fall of the Labor Share and the Rise of Superstar Firms," CEPR Discussion Papers 12041, C.E.P.R. Discussion Papers.
    15. Dan Cao & Erick Sager & Henry Hyatt & Toshihiko Mukoyama, 2019. "Firm Growth through New Establishments," 2019 Meeting Papers 1484, Society for Economic Dynamics.
    16. Olivier Wang & Iván Werning, 2022. "Dynamic Oligopoly and Price Stickiness," American Economic Review, American Economic Association, vol. 112(8), pages 2815-2849, August.
    17. Qiu, Yue & Sojourner, Aaron, 2019. "Labor-Market Concentration and Labor Compensation," IZA Discussion Papers 12089, Institute of Labor Economics (IZA).
    18. Zeballos, Eliana & Marchesi, Keenan, 2022. "Comparing Food Sector Employment Headcount and Sales Data in the National Establishment Time Series Database to Federal Data," USDA Miscellaneous 329070, United States Department of Agriculture.
    19. Joachim Hubmer, 2019. "The Race Between Preferences and Technology," 2019 Meeting Papers 1430, Society for Economic Dynamics.
    20. David Berger & Kyle Herkenhoff & Simon Mongey, 2019. "Labor Market Power," Working Papers 2019-027, Human Capital and Economic Opportunity Working Group.
    21. Claudia Macaluso & Brad Hershbein & Chen Yeh, 2019. "Concentration in U.S. local labor markets: evidence from vacancy and employment data," 2019 Meeting Papers 1336, Society for Economic Dynamics.
    22. Christian Reiner & Christian Bellak, 2023. "Hat die ökonomische Macht von Unternehmen in Österreich zugenommen? Teil 1," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 49(1), pages 21-59.
    23. Sebastian Heise & Fatih Karahan & Ayşegül Şahin, 2020. "The Missing Inflation Puzzle: The Role of the Wage-Price Pass-Through," NBER Working Papers 27663, National Bureau of Economic Research, Inc.
    24. Georg Graetz, 2020. "Labor Demand in the Past, Present and Future," CESifo Working Paper Series 8234, CESifo.
    25. Chen Yeh & Claudia Macaluso & Brad Hershbein, 2022. "Monopsony in the US Labor Market," American Economic Review, American Economic Association, vol. 112(7), pages 2099-2138, July.
    26. Cavalleri, Maria Chiara & Eliet, Alice & McAdam, Peter & Petroulakis, Filippos & Soares, Ana & Vansteenkiste, Isabel, 2019. "Concentration, market power and dynamism in the euro area," Working Paper Series 2253, European Central Bank.
    27. Goldin, Ian & Koutroumpis, Pantelis & Lafond, François & Winkler, Julian, 2020. "Why is productivity slowing down?," MPRA Paper 99172, University Library of Munich, Germany.
    28. Andrew T. Foerster & Andreas Hornstein & Pierre-Daniel G. Sarte & Mark W. Watson, 2022. "Aggregate Implications of Changing Sectoral Trends," Working Paper Series 2019-16, Federal Reserve Bank of San Francisco.
    29. Lorenz K.F. Ekerdt & Kai-Jie Wu, 2024. "The Rise of Specialized Firms," Working Papers 24-06, Center for Economic Studies, U.S. Census Bureau.
    30. Steven T. Berry & Martin Gaynor & Fiona Scott Morton, 2019. "Do Increasing Markups Matter? Lessons from Empirical Industrial Organization," NBER Working Papers 26007, National Bureau of Economic Research, Inc.
    31. Jonathan Hambur, 2023. "Product Market Competition and its Implications for the Australian Economy," The Economic Record, The Economic Society of Australia, vol. 99(324), pages 32-57, March.
    32. Diego Daruich & Julian Kozlowski, 2019. "Macroeconomic Implications of Uniform Pricing," Working Papers 2019-024, Federal Reserve Bank of St. Louis, revised 01 Sep 2021.
    33. Ariel Burstein & Basile Grassi & Vasco Carvalho, 2019. "Bottom-Up Markup Fluctuations," 2019 Meeting Papers 505, Society for Economic Dynamics.
    34. Matthew E. Kahn & Joseph Tracy, 2019. "Monopsony in Spatial Equilibrium," Working Papers 1912, Federal Reserve Bank of Dallas.
    35. Kevin Rinz, 2019. "Did Timing Matter? Life Cycle Differences in Effects of Exposure to the Great Recession," Working Papers 19-25, Center for Economic Studies, U.S. Census Bureau.
    36. Gaelan MacKenzie, 2021. "Trade and Market Power in Product and Labor Markets," Staff Working Papers 21-17, Bank of Canada.
    37. Nolan, Brian & Richiardi, Matteo & Valenzuela, Luis, 2018. "The Drivers of Inequality in Rich Countries," INET Oxford Working Papers 2018-15, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
    38. Falk Bräuning & José Fillat & Gustavo Joaquim, 2023. "Cost-Price Relationships in a Concentrated Economy," Working Papers 23-9, Federal Reserve Bank of Boston.
    39. Matias Covarrubias & Germán Gutiérrez & Thomas Philippon, 2019. "From Good to Bad Concentration? US Industries over the Past 30 Years," NBER Chapters, in: NBER Macroeconomics Annual 2019, volume 34, pages 1-46, National Bureau of Economic Research, Inc.
    40. José Azar & Xavier Vives, 2021. "General Equilibrium Oligopoly and Ownership Structure," Econometrica, Econometric Society, vol. 89(3), pages 999-1048, May.
    41. Pedro Bento & Diego Restuccia, 2022. "The Role of Nonemployers in Business Dynamism and Aggregate Productivity," Working Papers tecipa-740, University of Toronto, Department of Economics.
    42. Anders Akerman, 2024. "Market concentration and the relative demand for college‐educated labour," Economica, London School of Economics and Political Science, vol. 91(361), pages 292-319, January.
    43. Philippe Aghion & Antonin Bergeaud & Timo Boppart & Peter J. Klenow & Huiyu Li, 2019. "A Theory of Falling Growth and Rising Rents," NBER Working Papers 26448, National Bureau of Economic Research, Inc.
    44. Stephen P. King, 2023. "Productivity, Economic Dynamism and the “Failure of Competition” Narrative," Economic Papers, The Economic Society of Australia, vol. 42(3), pages 213-228, September.
    45. Claire Brennecke & Stefan Jacewitz & Jonathan Pogach, 2022. "Shared Destinies? Small Banks and Small Business Consolidation," Research Working Paper RWP 21-19, Federal Reserve Bank of Kansas City.
    46. David Staines, 2023. "Stochastic Equilibrium the Lucas Critique and Keynesian Economics," Papers 2312.16214, arXiv.org.
    47. Kevin Rinz, 2018. "Labor Market Concentration, Earnings Inequality, and Earnings Mobility," CARRA Working Papers 2018-10, Center for Economic Studies, U.S. Census Bureau.
    48. Ben Lipsius, 2018. "Labor Market Concentration does not Explain the Falling Labor Share," 2018 Papers pli1202, Job Market Papers.
    49. Ivan Werning, 2018. "Dynamic Oligopoly and Price Stickiness," 2018 Meeting Papers 1029, Society for Economic Dynamics.
    50. Lawrence J. White & Jasper Yang, 2020. "What Has Been Happening To Aggregate Concentration In The U.S. Economy In The Twenty‐First Century?," Contemporary Economic Policy, Western Economic Association International, vol. 38(3), pages 483-495, July.
    51. Dean Corbae & Pablo D'Erasmo, 2021. "Capital Buffers in a Quantitative Model of Banking Industry Dynamics," Working Papers 779, Federal Reserve Bank of Minneapolis.
    52. Dean Corbae & Pablo D'Erasmo, 2021. "Capital Buffers in a Quantitative Model of Banking Industry Dynamics," Working Papers 21-24, Federal Reserve Bank of Philadelphia.
    53. Metin Çakır & Xiangwen Kong & Clare Cho & Alexander Stevens, 2020. "Rural Food Retailing and Independent Grocery Retailer Exits," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(5), pages 1352-1367, October.
    54. N. M. Rozanova, 2021. "Methodological Issues of Modern Competition Policy," Studies on Russian Economic Development, Springer, vol. 32(5), pages 492-498, September.
    55. Kwon, Spencer Y. & Ma, Yueran & Zimmermann, Kaspar, 2022. "100 years of rising corporate concentration," SAFE Working Paper Series 359, Leibniz Institute for Financial Research SAFE.
    56. Alexander Schiersch & Caroline Stiel, 2020. "Testing the Superstar Firm Hypothesis," Discussion Papers of DIW Berlin 1849, DIW Berlin, German Institute for Economic Research.
    57. Louis Rouanet, 2022. "Competition is (still) a tough weed: A review essay of Thomas Philippon’s The great reversal: How America gave up on free markets," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 35(1), pages 115-128, March.
    58. Victor Manuel Bennett, 2020. "Changes in persistence of performance over time," Strategic Management Journal, Wiley Blackwell, vol. 41(10), pages 1745-1769, October.
    59. Graetz, Georg, 2020. "Technological change and the Swedish labor market," Working Paper Series 2020:19, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    60. Leland D. Crane & Ryan A. Decker, 2019. "Business Dynamics in the National Establishment Time Series (NETS)/Leland Crane, Ryan Decker," Finance and Economics Discussion Series 2019-034, Board of Governors of the Federal Reserve System (U.S.).
    61. KIKUCHI Shinnosuke, 2024. "Trends in National and Local Market Concentration in Japan: 1980-2020," Discussion papers 24049, Research Institute of Economy, Trade and Industry (RIETI).
    62. Virginia Minni, 2024. "Global managers, local workers: Wage setting inside a multinational firm," CEP Discussion Papers dp1975, Centre for Economic Performance, LSE.
    63. Mark A. DeWeaver, 2024. "The Firm as Observer: Data Resources and Firm Longevity in Bylund’s Austrian Theory of the Firm," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 37(1), pages 81-93, March.
    64. Satyajit Chatterjee & Burcu Eyigungor, 2022. "Online Appendix to "The Firm Size-Leverage Relationship and Its Implications for Entry and Business Concentration"," Online Appendices 21-40, Review of Economic Dynamics.
    65. Feld, Lars P. & Schmidt, Christoph M. & Schnabel, Isabel & Truger, Achim & Wieland, Volker, 2019. "Den Strukturwandel meistern. Jahresgutachten 2019/20 [Dealing with Structural Change. Annual Report 2019/20]," Annual Economic Reports / Jahresgutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, volume 127, number 201920.
    66. Oz Shy, 2021. "College Education, Earning Inequality, and Market Power," Journal of Labor Research, Springer, vol. 42(3), pages 334-357, December.
    67. Ganglmair, Bernhard & Hahn, Nadine & Hellwig, Michael & Kann, Alexander & Peters, Bettina & Tsanko, Ilona, 2020. "Price markups, innovation, and productivity: Evidence from Germany," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, volume 8, number 222995, September.
    68. Anqi Chen & Laura D. Quinby & Gal Wettstein, 2022. "Employer Concentration and Labor Force Participation," Working Papers 22-08, Center for Economic Studies, U.S. Census Bureau.
    69. Samuel Vika Mhlanga & Neil Andrew Rankin, 2021. "Fixed costs, markups and concentration in Eswatini (Swaziland): A firm‐level analysis of panel data," South African Journal of Economics, Economic Society of South Africa, vol. 89(3), pages 391-416, September.

  5. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2017. "Asset Issuance in Over-the-Counter Markets," Working Paper 17-13, Federal Reserve Bank of Richmond.

    Cited by:

    1. Benjamin Lester & Pierre-Olivier Weill & Ariel Zetlin-Jones, 2019. "RED Special Issue on Fragmented Financial Markets: An Introduction," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 33, pages 1-3, July.
    2. Athanasios Geromichalos & Lucas Herrenbrueck & Sukjoon Lee, 2022. "Online Appendix to "The Strategic Determination of the Supply of Liquid Assets"," Online Appendices 22-72, Review of Economic Dynamics.
    3. Pierre-Olivier Weill, 2020. "The search theory of OTC markets," NBER Working Papers 27354, National Bureau of Economic Research, Inc.
    4. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2018. "Inefficiency in a Simple Model of Production and Bilateral Trade," Economic Quarterly, Federal Reserve Bank of Richmond, issue 3Q, pages 137-151.
    5. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2019. "An Information-based Theory of Financial Intermediation," 2019 Meeting Papers 403, Society for Economic Dynamics.
    6. Julian Kozlowski, 2017. "Long-Term Finance and Investment with Frictional Asset Markets," Working Papers 2018-12, Federal Reserve Bank of St. Louis.
    7. Lebeau, Lucie, 2020. "Credit frictions and participation in over-the-counter markets," Journal of Economic Theory, Elsevier, vol. 189(C).
    8. Athanasios Geromichalos & Lucas Herrenbrueck, 2016. "The Strategic Determination of the Supply of Liquid Assets," Working Papers 183, University of California, Davis, Department of Economics.
    9. Arseneau, David M. & Rappoport W., David E. & Vardoulakis, Alexandros P., 2020. "Private and public liquidity provision in over-the-counter markets," Theoretical Economics, Econometric Society, vol. 15(4), November.

  6. Greg Kaplan & Guido Menzio & Leena Rudanko & Nicholas Trachter, 2016. "Relative price dispersion: evidence and theory," Working Papers 16-6, Federal Reserve Bank of Philadelphia.

    Cited by:

    1. Günter J. Hitsch & Ali Hortaçsu & Xiliang Lin, 2021. "Prices and promotions in U.S. retail markets," Quantitative Marketing and Economics (QME), Springer, vol. 19(3), pages 289-368, December.
    2. Dubois, Pierre & Griffith, Rachel & O'Connell, Martin, 2022. "The Use of Scanner Data for Economics Research," TSE Working Papers 22-1286, Toulouse School of Economics (TSE).
    3. Sofronis Clerides & Pascal Courty & Yupei Ma, 2020. "Store expensiveness and consumer saving: Insights from a new decomposition of price dispersion," Working Paper series 20-08, Rimini Centre for Economic Analysis.
    4. Andrew Rhodes & Jidong Zhou, 2019. "Consumer Search and Retail Market Structure," Management Science, INFORMS, vol. 67(6), pages 2607-2623, June.
    5. Kenneth Burdett & Guido Menzio, 2017. "The (Q,S,s) Pricing Rule: A Quantitative Analysis," PIER Working Paper Archive 17-018, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 25 Sep 2017.
    6. Natalia Fabra & Juan-Pablo Montero, 2022. "Product Lines and Price Discrimination in Markets with Information Frictions," Management Science, INFORMS, vol. 68(2), pages 981-1001, February.
    7. Guido Menzio & Nicholas Trachter, 2015. "Equilibrium Price Dispersion Across and Within Stores," NBER Working Papers 21493, National Bureau of Economic Research, Inc.
    8. Howell, Charles & Grifell-Tatjé, Emili, 2022. "Market heterogeneity and the relationship between competition and price dispersion: Evidence from the U.S. airline market," Transport Policy, Elsevier, vol. 125(C), pages 218-230.
    9. Klaczko Iael, 2023. "Price dispersion in Uruguay," Asociación Argentina de Economía Política: Working Papers 4662, Asociación Argentina de Economía Política.
    10. Andrew Rhodes & Makoto Watanabe & Jidong Zhou, 2021. "Multiproduct Intermediaries," Journal of Political Economy, University of Chicago Press, vol. 129(2), pages 421-464.
    11. Renato Gomes & Jean-Marie Lozachmeur & Lucas Maestri, 2022. "Nonlinear Pricing in Oligopoly: How Brand Preferences Shape Market Outcomes," Working Papers hal-03629496, HAL.
    12. Myongjin Kim & Leilei Shen & Qi Ge, 2023. "Does Competition Increase or Decrease Price Dispersion? Insights from One‐Way vs. Round‐Trip Airfares," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 85(2), pages 435-455, April.
    13. Stefan Seifert & Christoph Kahle & Silke Hüttel, 2021. "Price Dispersion in Farmland Markets: What Is the Role of Asymmetric Information?," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(4), pages 1545-1568, August.
    14. Rhodes, Andrew & Watanabe, Makoto & Zhou, Jidong, 2017. "Multiproduct Intermediaries and Optimal Product Range," MPRA Paper 82136, University Library of Munich, Germany.
    15. Yuriy Gorodnichenko & Oleksandr Talavera & Nam Hoai Vu, 2021. "Quality and Price Setting of High-Tech Goods," NBER Working Papers 28390, National Bureau of Economic Research, Inc.
    16. Kazakova, E. & Sandomirskaia, M. & Suvorov, A. & Khazhgerieva, A. & Shavshin, R., 2023. "Platforms, online labor markets, and crowdsourcing. Part 1. Traditional online labor market," Journal of the New Economic Association, New Economic Association, vol. 60(3), pages 120-148.
    17. Hämäläinen, Saara, 2018. "Competitive search obfuscation," Journal of Economic Dynamics and Control, Elsevier, vol. 97(C), pages 38-63.
    18. Lucas Herrenbrueck, 2015. "Instability of Endogenous Price Dispersion Equilibria: A Simulation," Discussion Papers dp15-07, Department of Economics, Simon Fraser University.
    19. Espen Moen & Fredrik Wulfsberg & Øyvind Aas, 2017. "Price Dispersion and the Role of Stores," Working Papers 201704, Oslo Metropolitan University, Oslo Business School.
    20. Böheim, René & Hackl, Franz & Hölzl-Leitner, Michael, 2021. "The impact of price adjustment costs on price dispersion in e-commerce," International Journal of Industrial Organization, Elsevier, vol. 77(C).
    21. Gomes, Renato & Lozachmeur, Jean-Marie & Maestri, Lucas, 2022. "Nonlinear Pricing in Oligopoly: How Brand Preferences Shape Market Outcomes," TSE Working Papers 22-1326, Toulouse School of Economics (TSE).
    22. Burdett, Kenneth & Trejos, Alberto & Wright, Randall, 2017. "A new suggestion for simplifying the theory of money," Journal of Economic Theory, Elsevier, vol. 172(C), pages 423-450.
    23. Yuriy Gorodnichenko & Oleksandr Talavera & Nam Vu, 2020. "Quality of Goods and Price Setting for CPUs," Discussion Papers 20-23, Department of Economics, University of Birmingham.
    24. Fitzpatrick, Anne, 2023. "Which price is right? A comparison of three standard approaches to measuring prices," Journal of Development Economics, Elsevier, vol. 163(C).
    25. Diego Daruich & Julian Kozlowski, 2019. "Macroeconomic Implications of Uniform Pricing," Working Papers 2019-024, Federal Reserve Bank of St. Louis, revised 01 Sep 2021.
    26. Andres Drenik, 2017. "Pricing in Multiple Currencies in Domestic Markets," 2017 Meeting Papers 1418, Society for Economic Dynamics.
    27. Evangelos Rouskas, 2022. "The effects of entry in a model of sales," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(6), pages 2529-2544, September.
    28. Viacheslav Sheremirov, 2015. "Price dispersion and inflation: new facts and theoretical implications," Working Papers 15-10, Federal Reserve Bank of Boston.
    29. David P. Myatt, 2019. "A Theory of Stable Price Dispersion," Economics Series Working Papers 873, University of Oxford, Department of Economics.
    30. David P. Myatt & David Ronayne, 2023. "Asymmetric Models of Sales," Rationality and Competition Discussion Paper Series 450, CRC TRR 190 Rationality and Competition.
    31. Garth Baughman & Stanislav Rabinovich, 2018. "Self-confirming Price Dispersion in Monetary Economies," Finance and Economics Discussion Series 2018-046, Board of Governors of the Federal Reserve System (U.S.).
    32. Diego Aparicio & Zachary Metzman & Roberto Rigobon, 2024. "The pricing strategies of online grocery retailers," Quantitative Marketing and Economics (QME), Springer, vol. 22(1), pages 1-21, March.
    33. Diego Daruich & Julian Kozlowski, 2019. "Uniform Pricing Within and Across Regions: New Evidence from Argentina," 2019 Meeting Papers 669, Society for Economic Dynamics.
    34. Hämäläinen, Saara, 2022. "Multiproduct search obfuscation," International Journal of Industrial Organization, Elsevier, vol. 85(C).
    35. Chloe Lee & Wen Long & María J. Luengo‐Prado & Bent E. Sørensen, 2021. "Selective bargain hunting: A concise test of rational consumer search," Economic Inquiry, Western Economic Association International, vol. 59(3), pages 1089-1105, July.
    36. Roldan-Blanco, Pau & Gilbukh, Sonia, 2021. "Firm dynamics and pricing under customer capital accumulation," Journal of Monetary Economics, Elsevier, vol. 118(C), pages 99-119.
    37. David Fielding & Christopher Hajzler & James (Jim) C. MacGee, 2017. "Price-Level Dispersion versus Inflation-Rate Dispersion: Evidence from Three Countries," Staff Working Papers 17-3, Bank of Canada.
    38. Samir Mamadehussene, 2021. "Measuring the competition effects of price-matching guarantees," Quantitative Marketing and Economics (QME), Springer, vol. 19(3), pages 261-287, December.
    39. Garcia, Daniel & Janssen, Maarten, 2018. "Retail channel management in consumer search markets," International Journal of Industrial Organization, Elsevier, vol. 58(C), pages 162-182.
    40. Pau Roldan & Sophia Gilbukh, 2017. "Firm Dynamics and Pricing under Customer Capital Accumulation," 2017 Meeting Papers 1235, Society for Economic Dynamics.
    41. Cherchye, Laurens & De Rock, Bram & Griffith, Rachel & O’Connell, Martin & Smith, Kate & Vermeulen, Frederic, 2020. "A new year, a new you? Within-individual variation in food purchases," European Economic Review, Elsevier, vol. 127(C).
    42. Luttmann, Alexander & Gaggero, Alberto A, 2022. "How does COVID-19 affect intertemporal price dispersion? Evidence from the airline industry," MPRA Paper 111797, University Library of Munich, Germany.
    43. Nicholas Trachter, 2016. "Price Dispersion When Stores Sell Multiple Goods," Economic Quarterly, Federal Reserve Bank of Richmond, issue 2Q, pages 127-146.

  7. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2016. "Private Information in Over-the-Counter Markets," Working Paper 16-16, Federal Reserve Bank of Richmond.

    Cited by:

    1. Chung-Yi Tse & Yujing Xu, 2021. "Inter-Dealer Trades in OTC Markets - Who Buys and Who Sells?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 39, pages 220-257, January.
    2. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2019. "Asset Issuance in Over-the-Counter Markets," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 33, pages 4-29, July.
    3. Bruno Sultanum, 2014. "Financial fragility and over-the-counter markets," 2014 Papers psu420, Job Market Papers.
    4. Julian Kozlowski, 2017. "Long-Term Finance and Economic Development: The Role of Liquidity in Corporate Debt Markets," 2017 Meeting Papers 699, Society for Economic Dynamics.
    5. Julian Kozlowski, 2017. "Long-Term Finance and Investment with Frictional Asset Markets," Working Papers 2018-12, Federal Reserve Bank of St. Louis.
    6. Julien Hugonnier & Benjamin R. Lester & Pierre-Olivier Weill, 2018. "Frictional Intermediation in Over-the-Counter Markets," Swiss Finance Institute Research Paper Series 18-59, Swiss Finance Institute.
    7. Geromichalos, Athanasios & Jung, Kuk Mo & Lee, Seungduck & Carlos, Dillon, 2021. "A model of endogenous direct and indirect asset liquidity," European Economic Review, Elsevier, vol. 132(C).
    8. Athanasios Geromichalos & Kuk Mo Jung & Seungduck Lee & Dillon Carlos, 2019. "Asset Liquidity in Monetary Theory and Finance: A Unified Approach," Working Papers 330, University of California, Davis, Department of Economics.

  8. Guido Menzio & Nicholas Trachter, 2015. "Equilibrium Price Dispersion Across and Within Stores," Working Paper 15-1, Federal Reserve Bank of Richmond.

    Cited by:

    1. Greg Kaplan & Guido Menzio & Leena Rudanko & Nicholas Trachter, 2016. "Relative price dispersion: evidence and theory," Working Papers 16-6, Federal Reserve Bank of Philadelphia.
    2. Dudley Cooke, 2019. "Consumer Search, Incomplete Exchange Rate Pass‐Through, and Optimal Interest Rate Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(2-3), pages 455-484, March.
    3. Coibion, Olivier & Gorodnichenko, Yuriy & Koustas, Dmitri, 2022. "Consumption Inequality and the Frequency of Purchases," Department of Economics, Working Paper Series qt5jm2t8tx, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    4. Jose A. Carrasco & Rodrigo Yañez, 2022. "Sequential search and firm prominence," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(1), pages 209-233, July.
    5. Jamie Coen & Anil K Kashyap & May Rostom, 2023. "Price Discrimination and Mortgage Choice," NBER Working Papers 31652, National Bureau of Economic Research, Inc.
    6. Hämäläinen, Saara, 2018. "Competitive search obfuscation," Journal of Economic Dynamics and Control, Elsevier, vol. 97(C), pages 38-63.
    7. Lucas Herrenbrueck, 2015. "Instability of Endogenous Price Dispersion Equilibria: A Simulation," Discussion Papers dp15-07, Department of Economics, Simon Fraser University.
    8. Lindgren, Charlie & Li, Yujiao & Rudholm, Niklas, 2020. "Why do firms compete on price comparison websites? The impact on productivity, profits, and wages," HFI Working Papers 14, Institute of Retail Economics (Handelns Forskningsinstitut).
    9. Böheim, René & Hackl, Franz & Hölzl-Leitner, Michael, 2021. "The impact of price adjustment costs on price dispersion in e-commerce," International Journal of Industrial Organization, Elsevier, vol. 77(C).
    10. José Tudón, 2021. "Can price dispersion be supported solely by information frictions?," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 9(1), pages 75-90, April.
    11. Nemet, Gregory F. & O’Shaughnessy, Eric & Wiser, Ryan & Darghouth, Naïm & Barbose, Galen & Gillingham, Ken & Rai, Varun, 2017. "Characteristics of low-priced solar PV systems in the U.S," Applied Energy, Elsevier, vol. 187(C), pages 501-513.
    12. Chahrour, Ryan & Stevens, Luminita, 2020. "Price dispersion and the border effect," Journal of Monetary Economics, Elsevier, vol. 116(C), pages 135-146.
    13. Ma, Qingyin & Stachurski, John, 2019. "Optimal timing of decisions: A general theory based on continuation values," Journal of Economic Dynamics and Control, Elsevier, vol. 101(C), pages 62-81.
    14. Garth Baughman & Stanislav Rabinovich, 2018. "Self-confirming Price Dispersion in Monetary Economies," Finance and Economics Discussion Series 2018-046, Board of Governors of the Federal Reserve System (U.S.).
    15. Hämäläinen, Saara, 2022. "Multiproduct search obfuscation," International Journal of Industrial Organization, Elsevier, vol. 85(C).
    16. Roldan-Blanco, Pau & Gilbukh, Sonia, 2021. "Firm dynamics and pricing under customer capital accumulation," Journal of Monetary Economics, Elsevier, vol. 118(C), pages 99-119.
    17. Petrikaite, Vaiva & Hämäläinen, Saara, 2018. "Mobility with private information and privacy suppression," CEPR Discussion Papers 12860, C.E.P.R. Discussion Papers.
    18. Gallin, Joshua & Verbrugge, Randal J., 2019. "A theory of sticky rents: Search and bargaining with incomplete information," Journal of Economic Theory, Elsevier, vol. 183(C), pages 478-519.
    19. Rao, Neel, 2022. "Search equilibrium with unobservable investment," Games and Economic Behavior, Elsevier, vol. 133(C), pages 300-330.
    20. Pau Roldan & Sophia Gilbukh, 2017. "Firm Dynamics and Pricing under Customer Capital Accumulation," 2017 Meeting Papers 1235, Society for Economic Dynamics.
    21. Nicholas Trachter, 2016. "Price Dispersion When Stores Sell Multiple Goods," Economic Quarterly, Federal Reserve Bank of Richmond, issue 2Q, pages 127-146.

  9. Nicholas Trachter & Leena Rudanko & Guido Menzio & Greg Kaplan, 2015. "Relative Price Dispersion," 2015 Meeting Papers 417, Society for Economic Dynamics.

    Cited by:

    1. Andrew Rhodes & Jidong Zhou, 2019. "Consumer Search and Retail Market Structure," Management Science, INFORMS, vol. 67(6), pages 2607-2623, June.
    2. Guido Menzio & Nicholas Trachter, 2015. "Equilibrium Price Dispersion Across and Within Stores," NBER Working Papers 21493, National Bureau of Economic Research, Inc.
    3. Andres Drenik, 2017. "Pricing in Multiple Currencies in Domestic Markets," 2017 Meeting Papers 1418, Society for Economic Dynamics.
    4. Roldan-Blanco, Pau & Gilbukh, Sonia, 2021. "Firm dynamics and pricing under customer capital accumulation," Journal of Monetary Economics, Elsevier, vol. 118(C), pages 99-119.

  10. Lippi, Francesco & Trachter, Nicholas & Ragni, Stefania, 2014. "State dependent monetary policy," CEPR Discussion Papers 9795, C.E.P.R. Discussion Papers.

    Cited by:

    1. Guillaume Rocheteau & Pierre-Olivier Weill & Russell Wong, 2017. "A Tractable Model of Monetary Exchange with Ex-Post Heterogeneity," Working Paper 17-6, Federal Reserve Bank of Richmond.
    2. Yves Achdou & Jiequn Han & Jean-Michel Lasry & Pierre-Louis Lions & Benjamin Moll, 2017. "Income and Wealth Distribution in Macroeconomics: A Continuous-Time Approach," NBER Working Papers 23732, National Bureau of Economic Research, Inc.
    3. Vincent Sterk & Silvana Tenreyro, 2016. "The Transmission of Monetary Policy through Redistributions and Durable Purchases," Working Papers 1601, Council on Economic Policies.
    4. Jonathan Zinman, 2013. "Consumer Credit: Too Much or Too Little (or Just Right)?," NBER Working Papers 19682, National Bureau of Economic Research, Inc.

  11. Nicholas Trachter & Andrea Pozzi & Luigi Paciello, 2014. "Markups Dynamics with Customer Markets," 2014 Meeting Papers 39, Society for Economic Dynamics.

    Cited by:

    1. Hassan Afrouzi, 2016. "Endogenous firm competition and the cyclicality of markups," Globalization Institute Working Papers 265, Federal Reserve Bank of Dallas.

  12. Nicholas Trachter & Guido Menzio, 2014. "Equilibrium Price Dispersion with Sequential Search," 2014 Meeting Papers 984, Society for Economic Dynamics.

    Cited by:

    1. Dudley Cooke, 2019. "Consumer Search, Incomplete Exchange Rate Pass‐Through, and Optimal Interest Rate Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(2-3), pages 455-484, March.
    2. Coibion, Olivier & Gorodnichenko, Yuriy & Koustas, Dmitri, 2022. "Consumption Inequality and the Frequency of Purchases," Department of Economics, Working Paper Series qt5jm2t8tx, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    3. Jose A. Carrasco & Rodrigo Yañez, 2022. "Sequential search and firm prominence," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(1), pages 209-233, July.
    4. José Tudón, 2021. "Can price dispersion be supported solely by information frictions?," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 9(1), pages 75-90, April.
    5. Nemet, Gregory F. & O’Shaughnessy, Eric & Wiser, Ryan & Darghouth, Naïm & Barbose, Galen & Gillingham, Ken & Rai, Varun, 2017. "Characteristics of low-priced solar PV systems in the U.S," Applied Energy, Elsevier, vol. 187(C), pages 501-513.
    6. Chahrour, Ryan & Stevens, Luminita, 2020. "Price dispersion and the border effect," Journal of Monetary Economics, Elsevier, vol. 116(C), pages 135-146.
    7. Ma, Qingyin & Stachurski, John, 2019. "Optimal timing of decisions: A general theory based on continuation values," Journal of Economic Dynamics and Control, Elsevier, vol. 101(C), pages 62-81.
    8. Garth Baughman & Stanislav Rabinovich, 2018. "Self-confirming Price Dispersion in Monetary Economies," Finance and Economics Discussion Series 2018-046, Board of Governors of the Federal Reserve System (U.S.).
    9. Petrikaite, Vaiva & Hämäläinen, Saara, 2018. "Mobility with private information and privacy suppression," CEPR Discussion Papers 12860, C.E.P.R. Discussion Papers.
    10. Gallin, Joshua & Verbrugge, Randal J., 2019. "A theory of sticky rents: Search and bargaining with incomplete information," Journal of Economic Theory, Elsevier, vol. 183(C), pages 478-519.
    11. Rao, Neel, 2022. "Search equilibrium with unobservable investment," Games and Economic Behavior, Elsevier, vol. 133(C), pages 300-330.
    12. Nicholas Trachter, 2016. "Price Dispersion When Stores Sell Multiple Goods," Economic Quarterly, Federal Reserve Bank of Richmond, issue 2Q, pages 127-146.

  13. Guido Menzio & Nicholas Trachter, 2014. "Large and Small Sellers: A Theory of Equilibrium Price Dispersion with Sequential Search," Working Paper 14-8, Federal Reserve Bank of Richmond.

    Cited by:

    1. Guido Menzio & Nicholas Trachter, 2015. "Equilibrium Price Dispersion Across and Within Stores," NBER Working Papers 21493, National Bureau of Economic Research, Inc.

  14. Paciello, Luigi & Pozzi, Andrea & Trachter, Nicholas, 2014. "Price Dynamics with Customer Markets," CEPR Discussion Papers 10220, C.E.P.R. Discussion Papers.

    Cited by:

    1. Shouyong Shi, 2013. "Customer Relationship and Sales," Working Papers tecipa-490, University of Toronto, Department of Economics.
    2. Nicolas Petrosky-Nadeau & Etienne Wasmer & Shutian Zeng, 2014. "Shopping Time," SciencePo Working papers hal-03460207, HAL.
    3. Weiqing Li & Qianyi Dan & Maomao Chi & Weijun Wang, 2021. "Influence of Price Level and Perceived Price Dispersion on Consumer Information Search Behaviour: Moderating Effect of Durables and Consumables," Sustainability, MDPI, vol. 13(4), pages 1-13, February.
    4. Claudio Michelacci & Luigi Paciello & Andrea Pozzi, 2019. "The Extensive Margin of Aggregate Consumption Demand," EIEF Working Papers Series 1906, Einaudi Institute for Economics and Finance (EIEF), revised Apr 2019.
    5. Bihemo Kimasa & Leo Kaas, 2016. "Firm dynamics with frictional product and labor markets," 2016 Meeting Papers 1033, Society for Economic Dynamics.
    6. Levy, Daniel & Young, Andrew, 2019. "Promise, Trust and Betrayal: Costs of Breaching an Implicit Contract," MPRA Paper 94148, University Library of Munich, Germany.
    7. Mirko Abbritti & Asier Aguilera-Bravo & TommasoTrani, 2019. "Long-term business relationships, bargaining and monetary policy," Faculty Working Papers 03/19, School of Economics and Business Administration, University of Navarra.
    8. S. Dupraz, 2017. "A Kinked-Demand Theory of Price Rigidity," Working papers 656, Banque de France.
    9. Sungki Hong, 2019. "Customer Capital, Markup Cyclicality, and Amplification," 2019 Meeting Papers 959, Society for Economic Dynamics.
    10. Sungki Hong, 2017. "Customer Capital, Markup Cyclicality, and Amplification," Working Papers 2017-33, Federal Reserve Bank of St. Louis.
    11. Sebastian Heise, 2018. "Firm-to-Firm Relationships and Price Rigidity: Theory and Evidence," 2018 Meeting Papers 937, Society for Economic Dynamics.
    12. Roldan-Blanco, Pau & Gilbukh, Sonia, 2021. "Firm dynamics and pricing under customer capital accumulation," Journal of Monetary Economics, Elsevier, vol. 118(C), pages 99-119.
    13. Mario Canales & Bernabe Lopez-Martin, 2021. "Uncertainty, Risk, and Price-Setting: Evidence from CPI Microdata," Working Papers Central Bank of Chile 908, Central Bank of Chile.
    14. Cabral, Luis & Gilbukh, Sonia, 2019. "Rational Buyers Search When Prices Increase," CEPR Discussion Papers 13940, C.E.P.R. Discussion Papers.
    15. Pau Roldan & Sophia Gilbukh, 2017. "Firm Dynamics and Pricing under Customer Capital Accumulation," 2017 Meeting Papers 1235, Society for Economic Dynamics.
    16. Joseph Vavra & David Berger, 2013. "Pass-through Across Products and Time," 2013 Meeting Papers 452, Society for Economic Dynamics.

  15. Gorry Devon & Aspen Gorry & Nicholas Trachter, 2014. "Learning and Life Cycle Patterns of Occupational Transitions," Working Paper 14-15, Federal Reserve Bank of Richmond.

    Cited by:

    1. vom Lehn, Christian & Ellsworth, Cache & Kroff, Zachary, 2020. "Reconciling Occupational Mobility in the Current Population Survey," IZA Discussion Papers 13509, Institute of Labor Economics (IZA).
    2. Jaison R. Abel & Richard Florida & Todd M. Gabe, 2018. "Can low-wage workers find better jobs?," Staff Reports 846, Federal Reserve Bank of New York.
    3. Papageorgiou, Theodore, 2018. "Large firms and within firm occupational reallocation," Journal of Economic Theory, Elsevier, vol. 174(C), pages 184-223.

  16. Nicholas Trachter, 2014. "Stepping Stone and Option Value in a Model of Postsecondary Education," Working Paper 14-3, Federal Reserve Bank of Richmond.

    Cited by:

    1. Romuald Meango, 2023. "Identification of Ex Ante Returns Using Elicited Choice Probabilities," Papers 2303.03009, arXiv.org.
    2. Lutz Hendricks & Oksana Leukhina, 2015. "How Risky is College Investment?," CESifo Working Paper Series 5203, CESifo.
    3. Johannes S. Kunz & Kevin E. Staub, 2016. "Subjective completion beliefs and the demand for post-secondary education," ECON - Working Papers 218, Department of Economics - University of Zurich.
    4. Poinas, François & Méango, Romuald, 2023. "The (Option-)Value of Overstaying," TSE Working Papers 23-1478, Toulouse School of Economics (TSE).
    5. Karol Mazur, 2021. "A note on pessimism in education and its economic consequences," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 19(4), pages 773-783, December.
    6. Philipp Eisenhauer & James J. Heckman & Stefano Mosso, 2015. "Estimation Of Dynamic Discrete Choice Models By Maximum Likelihood And The Simulated Method Of Moments," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56(2), pages 331-357, May.
    7. Maria Marta Ferreyra & Carlos Garriga & Juan D. Martin-Ocampo & Angélica María Sánchez Díaz, 2021. "Raising College Access and Completion: How Much Can Free College Help?," Borradores de Economia 1155, Banco de la Republica de Colombia.
    8. Lutz Hendricks & Oksana Leukhina, 2018. "The Return To College: Selection And Dropout Risk," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 59(3), pages 1077-1102, August.
    9. Ali Ozdagli & Nicholas Trachter, 2014. "The Dropout Option in a Simple Model of College Education," Economic Quarterly, Federal Reserve Bank of Richmond, issue 4Q, pages 279-295.
    10. Manuel Macera & Hitoshi Tsujiyama, 2018. "Frictional Labor Markets, Education Choices and Wage Inequality," 2018 Meeting Papers 827, Society for Economic Dynamics.
    11. Blanden, Jo & Doepke, Matthias & Stuhler, Jan, 2022. "Education inequality," LSE Research Online Documents on Economics 117857, London School of Economics and Political Science, LSE Library.
    12. Lutz Hendricks & Oksana Leukhina, 2017. "Online Appendix to "How Risky is College Investment?"," Online Appendices 15-52, Review of Economic Dynamics.
    13. Matsuda, Kazushige & Mazur, Karol, 2022. "College education and income contingent loans in equilibrium," Journal of Monetary Economics, Elsevier, vol. 132(C), pages 100-117.
    14. Romauld Méango, 2023. "Identification of ex ante returns using elicited choice probabilities," Economics Series Working Papers 1007, University of Oxford, Department of Economics.
    15. Kunz, Johannes S. & Staub, Kevin E., 2020. "Early subjective completion beliefs and the demand for post-secondary education," Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 34-55.
    16. Matsuda, Kazushige, 2020. "Optimal timing of college subsidies: Enrollment, graduation, and the skill premium," European Economic Review, Elsevier, vol. 129(C).
    17. Manudeep Bhuller & Philipp Eisenhauer & Moritz Mendel, 2022. "Sequential Choices, Option Values, and the Returns to Education," Papers 2205.05444, arXiv.org.

  17. Lippi, Francesco & Trachter, Nicholas, 2012. "On the optimal supply of liquidity with borrowing constraints," CEPR Discussion Papers 8890, C.E.P.R. Discussion Papers.

    Cited by:

    1. Markus K. Brunnermeier & Yuliy Sannikov, 2016. "The I Theory of Money," NBER Working Papers 22533, National Bureau of Economic Research, Inc.

  18. Nicholas Trachter & Hernan Ruffo & Facundo Piguillem, 2012. "Unemployment Insurance in a Life Cycle General Equilibrium Model with Human Capital," 2012 Meeting Papers 1046, Society for Economic Dynamics.

    Cited by:

    1. Wang, Cheng & Williamson, Stephen D., 2002. "Moral Hazard, Optimal Unemployment Insurance and Experience Rating," Staff General Research Papers Archive 10133, Iowa State University, Department of Economics.
    2. Damian Pierri & Enrique Kawamura, 2022. "Life cycle, financial frictions and informal labor markets: the case of Chile," Journal of Applied Economics, Taylor & Francis Journals, vol. 25(1), pages 93-120, December.

  19. Nicholas Trachter, 2011. "Option Value and Transitions in a Model of Postsecondary Education," EIEF Working Papers Series 1103, Einaudi Institute for Economics and Finance (EIEF), revised Jan 2011.

    Cited by:

    1. Filippin, Antonio & Paccagnella, Marco, 2012. "Family background, self-confidence and economic outcomes," Economics of Education Review, Elsevier, vol. 31(5), pages 824-834.
    2. Ali Ozdagli & Nicholas Trachter, 2011. "On the distribution of college dropouts: household wealth and uninsurable idiosyncratic risk," Working Papers 11-8, Federal Reserve Bank of Boston.
    3. Ali K. Ozdagli & Nicholas Trachter, 2011. "On the Distribution of College Dropouts: Wealth and Uninsurable Idiosyncratic Risk," EIEF Working Papers Series 1105, Einaudi Institute for Economics and Finance (EIEF), revised Mar 2011.

  20. Ali K. Ozdagli & Nicholas Trachter, 2011. "On the Distribution of College Dropouts: Wealth and Uninsurable Idiosyncratic Risk," EIEF Working Papers Series 1105, Einaudi Institute for Economics and Finance (EIEF), revised Mar 2011.

    Cited by:

    1. Kartik B. Athreya & Felicia Ionescu & Urvi Neelakantan & Ivan Vidangos, 2019. "Who Values Access to College?," Finance and Economics Discussion Series 2019-015, Board of Governors of the Federal Reserve System (U.S.).
    2. Maria Marta Ferreyra & Carlos Garriga & Juan D. Martin-Ocampo & Angélica María Sánchez Díaz, 2021. "Raising College Access and Completion: How Much Can Free College Help?," Borradores de Economia 1155, Banco de la Republica de Colombia.
    3. Urvi Neelakantan & Ivan Vidangos & Felicia Ionescu & Kartik Athreya, 2016. "Investment Opportunities and the Sources of Lifetime Inequality," 2016 Meeting Papers 1177, Society for Economic Dynamics.
    4. Kartik Athreya & Felicia Ionescu & Ivan Vidangos & Urvi Neelakantan, 2018. "Investment Opportunities and Economic Outcomes: Who Benefits From College and the Stock Market?," 2018 Meeting Papers 1151, Society for Economic Dynamics.
    5. Urvi Neelakantan & Felicia Ionescu & Kartik Athreya, 2014. "Risky, Lumpy Human Capital in Household Portfolios," 2014 Meeting Papers 1242, Society for Economic Dynamics.
    6. Urvi Neelakantan & Felicia Ionescu & Kartik Athreya, 2015. "Learn Now, Save Later: College and Household Portfolios," 2015 Meeting Papers 804, Society for Economic Dynamics.
    7. Yang, Guanyi, 2018. "Endogenous Skills and Labor Income Inequality," MPRA Paper 89638, University Library of Munich, Germany.

  21. Ali Ozdagli & Nicholas Trachter, 2011. "On the distribution of college dropouts: household wealth and uninsurable idiosyncratic risk," Working Papers 11-8, Federal Reserve Bank of Boston.

    Cited by:

    1. Kartik B. Athreya & Felicia Ionescu & Urvi Neelakantan & Ivan Vidangos, 2019. "Who Values Access to College?," Finance and Economics Discussion Series 2019-015, Board of Governors of the Federal Reserve System (U.S.).
    2. Maria Marta Ferreyra & Carlos Garriga & Juan D. Martin-Ocampo & Angélica María Sánchez Díaz, 2021. "Raising College Access and Completion: How Much Can Free College Help?," Borradores de Economia 1155, Banco de la Republica de Colombia.
    3. Urvi Neelakantan & Ivan Vidangos & Felicia Ionescu & Kartik Athreya, 2016. "Investment Opportunities and the Sources of Lifetime Inequality," 2016 Meeting Papers 1177, Society for Economic Dynamics.
    4. Kartik Athreya & Felicia Ionescu & Ivan Vidangos & Urvi Neelakantan, 2018. "Investment Opportunities and Economic Outcomes: Who Benefits From College and the Stock Market?," 2018 Meeting Papers 1151, Society for Economic Dynamics.
    5. Urvi Neelakantan & Felicia Ionescu & Kartik Athreya, 2014. "Risky, Lumpy Human Capital in Household Portfolios," 2014 Meeting Papers 1242, Society for Economic Dynamics.
    6. Ali Ozdagli & Nicholas Trachter, 2014. "The Dropout Option in a Simple Model of College Education," Economic Quarterly, Federal Reserve Bank of Richmond, issue 4Q, pages 279-295.
    7. Urvi Neelakantan & Felicia Ionescu & Kartik Athreya, 2015. "Learn Now, Save Later: College and Household Portfolios," 2015 Meeting Papers 804, Society for Economic Dynamics.
    8. Yang, Guanyi, 2018. "Endogenous Skills and Labor Income Inequality," MPRA Paper 89638, University Library of Munich, Germany.

  22. Ezra Oberfield & Nicholas Trachter, 2010. "Commodity Money with Frequent Search," EIEF Working Papers Series 1023, Einaudi Institute for Economics and Finance (EIEF), revised Nov 2010.

    Cited by:

    1. Choi, Michael & Rocheteau, Guillaume, 2022. "Money mining and price dynamics: The case of divisible currencies," Journal of Economic Dynamics and Control, Elsevier, vol. 142(C).
    2. Federico Bonetto & Maurizio Iacopetta, 2018. "A Dynamic Analysis of Nash Equilibria in Search Models with Fiat Money," Papers 1805.04733, arXiv.org.
    3. Maurizio Iacopetta, 2019. "The emergence of money: a dynamic analysis," SciencePo Working papers Main hal-03403573, HAL.
    4. Kindler, A. & Bourgeois-Gironde, S. & Lefebvre, G. & Solomon, S., 2017. "New leads in speculative behavior," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 467(C), pages 365-379.
    5. Maurizio Iacopetta & Raoul Minetti, 2019. "Asset dynamics, liquidity, and inequality in decentralized markets," SciencePo Working papers Main hal-03403574, HAL.
    6. Maurizio Iacopetta, 2019. "The emergence of money: a dynamic analysis," Post-Print hal-03403573, HAL.
    7. Michael Choi & Guillaume Rocheteau, 2019. "Money Mining and Price Dynamics," 2019 Meeting Papers 74, Society for Economic Dynamics.
    8. Burdett, Kenneth & Trejos, Alberto & Wright, Randall, 2017. "A new suggestion for simplifying the theory of money," Journal of Economic Theory, Elsevier, vol. 172(C), pages 423-450.
    9. Federico Bonetto & Maurizio Iacopetta, 2019. "A dynamic analysis of nash equilibria in search models with fiat money," SciencePo Working papers Main hal-03403584, HAL.
    10. Iacopetta, Maurizio, 2019. "The Emergence Of Money: A Dynamic Analysis," Macroeconomic Dynamics, Cambridge University Press, vol. 23(7), pages 2573-2596, October.
    11. Lukas Altermatt & Kohei Iwasaki & Randall Wright, 2023. "General Equilibrium with Multiple Liquid Assets," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 267-291, December.
    12. Federico Bonetto & Maurizio Iacopetta, 2019. "A dynamic analysis of nash equilibria in search models with fiat money," Post-Print hal-03403584, HAL.

  23. Martín González Rozada & Pablo Andrés Neumeyer & Alejandra Clemente & Diego Luciano Sasson & Nicholas Trachter, 2004. "The Elasticity of Substitution in Demand for Non-Tradable Goods in Latin America: The Case of Argentina," Research Department Publications 3179, Inter-American Development Bank, Research Department.

    Cited by:

    1. Martin Uribe & Stephanie Schmitt-Grohe, 2012. "Pegs and Pain," 2012 Meeting Papers 303, Society for Economic Dynamics.
    2. Gabriela Cugat, 2019. "Emerging markets, household heterogeneity, and exchange rate policy," 2019 Meeting Papers 526, Society for Economic Dynamics.
    3. Ottonello, Pablo, 2021. "Optimal exchange-rate policy under collateral constraints and wage rigidity," Journal of International Economics, Elsevier, vol. 131(C).
    4. Paul Segal, 2012. "Natural Resource Wealth and Directed Technical Change," OxCarre Working Papers 088, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.

Articles

  1. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2022. "An Information-based Theory of Financial Intermediation [Trade Dynamics in the Market for Federal Funds]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(5), pages 2381-2444.
    See citations under working paper version above.
  2. Esteban Rossi-Hansberg & Pierre-Daniel Sarte & Nicholas Trachter, 2021. "Diverging Trends in National and Local Concentration," NBER Macroeconomics Annual, University of Chicago Press, vol. 35(1), pages 115-150.
    See citations under working paper version above.
  3. Luigi Paciello & Andrea Pozzi & Nicholas Trachter, 2019. "Price Dynamics With Customer Markets," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 60(1), pages 413-446, February.
    See citations under working paper version above.
  4. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2019. "Asset Issuance in Over-the-Counter Markets," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 33, pages 4-29, July.
    See citations under working paper version above.
  5. Aspen Gorry & Devon Gorry & Nicholas Trachter, 2019. "Learning And Life Cycle Patterns Of Occupational Transitions," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 60(2), pages 905-937, May.
    See citations under working paper version above.
  6. Timothy Sablik & Nicholas Trachter, 2019. "Are Markets Becoming Less Competitive?," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond, issue June.

    Cited by:

    1. Christian Reiner & Christian Bellak, 2023. "Hat die ökonomische Macht von Unternehmen in Österreich zugenommen? Teil 1," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 49(1), pages 21-59.

  7. Greg Kaplan & Guido Menzio & Leena Rudanko & Nicholas Trachter, 2019. "Relative Price Dispersion: Evidence and Theory," American Economic Journal: Microeconomics, American Economic Association, vol. 11(3), pages 68-124, August.
    See citations under working paper version above.
  8. Guido Menzio & Nicholas Trachter, 2018. "Equilibrium Price Dispersion Across and Within Stores," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 28, pages 205-220, April.
    See citations under working paper version above.
  9. Lippi, Francesco & Ragni, Stefania & Trachter, Nicholas, 2015. "Optimal monetary policy with heterogeneous money holdings," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 339-368.

    Cited by:

    1. Florin O Bilbiie & Xavier Ragot, 2020. "Optimal monetary policy and liquidity with heterogeneous households," SciencePo Working papers Main hal-03100875, HAL.
    2. Xavier Ragot, 2018. "Limited Participation, Capital Accumulation and Optimal Monetary Policy," SciencePo Working papers Main hal-03444395, HAL.
    3. Xavier Ragot & Florin O. Bilbiie, 2016. "Monetary Policy, Inflation, and Inequality: The Case for Helicopters," 2016 Meeting Papers 1663, Society for Economic Dynamics.
    4. Guillaume Rocheteau & Pierre-Olivier Weill & Russell Wong, 2017. "A Tractable Model of Monetary Exchange with Ex-Post Heterogeneity," Working Paper 17-6, Federal Reserve Bank of Richmond.
    5. Guillaume Rocheteau & Pierre-Olivier Weill & Tsz-Nga Wong, 2018. "An Heterogeneous-Agent New-Monetarist Model with an Application to Unemployment," NBER Working Papers 25220, National Bureau of Economic Research, Inc.
    6. Christian Bayer & Alan Rendall & Klaus Wälde, 2018. "The Invariant Distribution of Wealth and Employment Status in a Small Open Economy with Precautionary Savings," Working Papers 1822, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    7. Chao Gu & Randall Wright, 2016. "Monetary Mechanisms," Working Papers 1601, Department of Economics, University of Missouri.
    8. Enders, Zeno, 2017. "Heterogeneous consumers, segmented asset markets, and the real effects of monetary policy," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168227, Verein für Socialpolitik / German Economic Association.
    9. Andreas Schabert, 2017. "Welfare-Enhancing Distributional Effects of Central Bank Asset Purchases," Working Paper Series in Economics 94, University of Cologne, Department of Economics.
    10. Lorenzo Carbonari & Fabrizio Mattesini & Robert J. Waldmann, 2022. "Inflation and Welfare in a Competitive Search Equilibrium with Asymmetric Information," Working Paper series 22-01, Rimini Centre for Economic Analysis.
    11. Vincent Sterk & Silvana Tenreyro, 2016. "The Transmission of Monetary Policy through Redistributions and Durable Purchases," Working Papers 1601, Council on Economic Policies.
    12. Galo Nuño & Carlos Thomas, 2020. "Optimal Monetary Policy with Heterogeneous Agents," CESifo Working Paper Series 8670, CESifo.
    13. Nicola Amendola & Leo Ferraris & Fabrizio Mattesini, 2016. "Optimal Monetary Policy in a Pure Currency Economy with Heterogenous Agents," CEIS Research Paper 394, Tor Vergata University, CEIS, revised 02 Feb 2017.
    14. Saki Bigio & Yuliy Sannikov, 2019. "A Model of Intermediation, Money, Interest, and Prices," Working Papers 150, Peruvian Economic Association.
    15. Jin, Gu & Zhu, Tao, 2020. "Heterogeneity, Decentralized Trade, and the Long-run Real Effects of Inflation," MPRA Paper 101927, University Library of Munich, Germany.
    16. Hu, Tai-Wei & Shmaya, Eran, 2019. "Unique monetary equilibrium with inflation in a stationary Bewley–Aiyagari model," Journal of Economic Theory, Elsevier, vol. 180(C), pages 368-382.
    17. Russell Wong, 2018. "Self-Insurance and the Risk-Sharing Role of Money," Economic Quarterly, Federal Reserve Bank of Richmond, issue 1Q, pages 35-52.

  10. Nicholas Trachter, 2015. "Stepping stone and option value in a model of postsecondary education," Quantitative Economics, Econometric Society, vol. 6(1), pages 223-256, March.
    See citations under working paper version above.
  11. Menzio, Guido & Trachter, Nicholas, 2015. "Equilibrium price dispersion with sequential search," Journal of Economic Theory, Elsevier, vol. 160(C), pages 188-215.
    See citations under working paper version above.
  12. Ali Ozdagli & Nicholas Trachter, 2014. "The Dropout Option in a Simple Model of College Education," Economic Quarterly, Federal Reserve Bank of Richmond, issue 4Q, pages 279-295.

    Cited by:

    1. Giuseppe Bertola, 2023. "University dropout problems and solutions," Journal of Economics, Springer, vol. 138(3), pages 221-248, April.

  13. Oberfield, Ezra & Trachter, Nicholas, 2012. "Commodity money with frequent search," Journal of Economic Theory, Elsevier, vol. 147(6), pages 2332-2356.
    See citations under working paper version above.

Software components

    Sorry, no citations of software components recorded.

Chapters

  1. Esteban Rossi-Hansberg & Pierre-Daniel Sarte & Nicholas Trachter, 2020. "Diverging Trends in National and Local Concentration," NBER Chapters, in: NBER Macroeconomics Annual 2020, volume 35, pages 115-150, National Bureau of Economic Research, Inc.
    See citations under working paper version above.Sorry, no citations of chapters recorded.
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