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Nicholas Trachter

Personal Details

First Name:Nicholas
Middle Name:
Last Name:Trachter
Suffix:
RePEc Short-ID:ptr184
[This author has chosen not to make the email address public]
https://sites.google.com/site/trachter/
Terminal Degree: Department of Economics; University of Chicago (from RePEc Genealogy)

Affiliation

Federal Reserve Bank of Richmond

Richmond, Virginia (United States)
http://www.richmondfed.org/

:


RePEc:edi:frbrius (more details at EDIRC)

Research output

as
Jump to: Working papers Articles Software

Working papers

  1. Ezra Oberfield & Esteban Rossi-Hansberg & Nicholas Trachter & Pierre-Daniel Sarte, 2019. "Plants in Space," 2019 Meeting Papers 1507, Society for Economic Dynamics.
  2. Zachary Bethune & Nicholas Trachter & Bruno Sultanum, 2019. "An Information-Based Theory of Financial Intermediation," Working Paper 19-12, Federal Reserve Bank of Richmond, revised 02 Jul 2019.
  3. Nicholas Trachter & Esteban Rossi-Hansberg & Pierre-Daniel G. Sarte, 2018. "Diverging Trends in National and Local Concentration," Working Paper 18-15, Federal Reserve Bank of Richmond, revised 24 Sep 2018.
  4. Nicholas Trachter & Bruno Sultanum & Zachary Bethune, 2017. "(In)efficiency and Intervention in Over-The-Counter Markets," 2017 Meeting Papers 1450, Society for Economic Dynamics.
  5. Zachary Bethune & Nicholas Trachter & Bruno Sultanum, 2017. "Asset Issuance in Over-the-Counter Markets," Working Paper 17-13, Federal Reserve Bank of Richmond, revised 20 Oct 2017.
  6. Nicholas Trachter & Leena Rudanko & Guido Menzio & Greg Kaplan, 2016. "Relative price dispersion: evidence and theory," Working Papers 16-6, Federal Reserve Bank of Philadelphia, revised 01 Aug 2018.
  7. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2016. "Private Information in Over-the-Counter Markets," Working Paper 16-16, Federal Reserve Bank of Richmond, revised 21 Dec 2016.
  8. Guido Menzio & Nicholas Trachter, 2015. "Equilibrium Price Dispersion Across and Within Stores," PIER Working Paper Archive 15-003, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
  9. Nicholas Trachter & Leena Rudanko & Guido Menzio & Greg Kaplan, 2015. "Relative Price Dispersion," 2015 Meeting Papers 417, Society for Economic Dynamics.
  10. Guido Menzio & Nicholas Trachter, 2014. "Large and Small Sellers: A Theory of Equilibrium Price Dispersion with Sequential Search," NBER Working Papers 19990, 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.
  12. Nicholas Trachter & Guido Menzio, 2014. "Equilibrium Price Dispersion with Sequential Search," 2014 Meeting Papers 984, Society for Economic Dynamics.
  13. Gorry Devon & Aspen Gorry & Nicholas Trachter, 2014. "Learning and Life Cycle Patterns of Occupational Transitions," Working Paper 14-15, Federal Reserve Bank of Richmond, revised 02 Oct 2014.
  14. Nicholas Trachter, 2014. "Stepping Stone and Option Value in a Model of Postsecondary Education," Working Paper 14-3, Federal Reserve Bank of Richmond, revised 04 Feb 2014.
  15. Francesco Lippi & Stefania Ragni & Nicholas Trachter, 2013. "State Dependent Monetary Policy," EIEF Working Papers Series 1324, Einaudi Institute for Economics and Finance (EIEF), revised Sep 2013.
  16. Luigi Paciello & Andrea Pozzi & Nicholas Trachter, 2013. "Price Dynamics with Customer Markets," EIEF Working Papers Series 1328, Einaudi Institute for Economics and Finance (EIEF), revised Dec 2017.
  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.
  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.
  19. Francesco Lippi & Nicholas Trachter, 2011. "The optimum Quantity of Money with Borrowing Constraints," EIEF Working Papers Series 1108, Einaudi Institute for Economics and Finance (EIEF), revised Apr 2011.
  20. 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.
  21. 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.
  22. Ali K. 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, revised 2011.
  23. Ezra Oberfield & Nicholas Trachter, 2010. "Commodity money with frequent search," Working Paper Series WP-2010-22, Federal Reserve Bank of Chicago, revised 2010.
  24. Nicholas Trachter & Ali Ozdagli, 2008. "College Enrollment, Dropouts and Option Value of Education," 2008 Meeting Papers 765, Society for Economic Dynamics.

Articles

  1. 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.
  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. 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.
  4. Gorry Devon & Aspen Gorry & Timothy Sablik & Nicholas Trachter, 2019. "Switching Occupational Categories," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond, pages 1-4.
  5. Timothy Sablik & Nicholas Trachter, 2019. "Are Markets Becoming Less Competitive?," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond.
  6. 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.
  7. Bruno Sultanum & Zachary Bethune & Nicholas Trachter, 2018. "Inefficiency in a Simple Model of Production and Bilateral Trade," Economic Quarterly, Federal Reserve Bank of Richmond, pages 137-151.
  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.
  9. Jessica Sackett Romero & Nicholas Trachter, 2016. "The Role of Option Value in College Decisions," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond.
  10. Nicholas Trachter, 2016. "Price Dispersion When Stores Sell Multiple Goods," Economic Quarterly, Federal Reserve Bank of Richmond, pages 127-146.
  11. 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.
  12. 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.
  13. Menzio, Guido & Trachter, Nicholas, 2015. "Equilibrium price dispersion with sequential search," Journal of Economic Theory, Elsevier, vol. 160(C), pages 188-215.
  14. Karl Rhodes & Nicholas Trachter, 2015. "Buyers' Ability and Willingness to Shop Around: An Explanation for Price Dispersion," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond.
  15. Nicholas Trachter & Ali K. Ozdagli, 2014. "The Dropout Option in a Simple Model of College Education," Economic Quarterly, Federal Reserve Bank of Richmond, pages 279-295.
  16. Oberfield, Ezra & Trachter, Nicholas, 2012. "Commodity money with frequent search," Journal of Economic Theory, Elsevier, vol. 147(6), pages 2332-2356.

Software components

  1. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2019. "Code and data files for "Asset Issuance in Over-the-Counter Markets"," Computer Codes 18-275, Review of Economic Dynamics.
  2. Guido Menzio & Nicholas Trachter, 2017. "Code and data files for "Equilibrium Price Dispersion Across and Within Stores"," Computer Codes 15-233, Review of Economic Dynamics.

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. Nicholas Trachter & Esteban Rossi-Hansberg & Pierre-Daniel G. Sarte, 2018. "Diverging Trends in National and Local Concentration," Working Paper 18-15, Federal Reserve Bank of Richmond, revised 24 Sep 2018.

    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. Matthew E. Kahn & Joseph Tracy, 2019. "Monopsony in Spatial Equilibrium," NBER Working Papers 26295, National Bureau of Economic Research, Inc.
    3. Ufuk Akcigit & Sina T. Ates, 2019. "What Happened to U.S. Business Dynamism?," NBER Working Papers 25756, National Bureau of Economic Research, Inc.
    4. Philippe Aghion & Antonin Bergeaud & Huiyu Li & Peter Klenow & Timo Boppart, 2019. "A Theory of Falling Growth and Rising Rents," 2019 Meeting Papers 458, Society for Economic Dynamics.
    5. Berger, David & Herkenhoff, Kyle & Mongey, Simon, 2019. "Labor Market Power," IZA Discussion Papers 12276, Institute of Labor Economics (IZA).
    6. Kevin Rinz, 2018. "Labor Market Concentration, Earnings Inequality, and Earnings Mobility," CARRA Working Papers 2018-10, Center for Economic Studies, U.S. Census Bureau.
    7. Ben Lipsius, 2018. "Labor Market Concentration does not Explain the Falling Labor Share," 2018 Papers pli1202, Job Market Papers.
    8. Pedro Bento & Diego Restuccia, 2019. "The Role of Nonemployers in Business Dynamism and Aggregate Productivity," NBER Working Papers 25998, National Bureau of Economic Research, Inc.
    9. Matej Bajgar & Giuseppe Berlingieri & Sara Calligaris & Chiara Criscuolo & Jonathan Timmis, 2019. "Industry Concentration in Europe and North America," OECD Productivity Working Papers 18, OECD Publishing.
    10. Qiu, Yue & Sojourner, Aaron J., 2019. "Labor-Market Concentration and Labor Compensation," IZA Discussion Papers 12089, Institute of Labor Economics (IZA).
    11. Nolan, Brian & Richiardi, Matteo & Valenzuela, Luis, 2018. "The Drivers of Inequality in Rich Countries," MPRA Paper 89806, University Library of Munich, Germany.
    12. Ufuk Akcigit & Sina T. Ates, 2019. "What Happened to U.S. Business Dynamism?," CESifo Working Paper Series 7854, CESifo Group Munich.
    13. McAdam, Peter & Petroulakis, Filippos & Vansteenkiste, Isabel & Cavalleri, Maria Chiara & Eliet, Alice & Soares, Ana, 2019. "Concentration, market power and dynamism in the euro area," Working Paper Series 2253, European Central Bank.
    14. Matias Covarrubias & Germán Gutiérrez & Thomas Philippon, 2019. "From Good to Bad Concentration? U.S. Industries over the past 30 years," NBER Working Papers 25983, National Bureau of Economic Research, Inc.
    15. Ryan Decker & Leland Crane, 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.), revised 13 May 2019.
    16. 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.

  2. Zachary Bethune & Nicholas Trachter & Bruno Sultanum, 2017. "Asset Issuance in Over-the-Counter Markets," Working Paper 17-13, Federal Reserve Bank of Richmond, revised 20 Oct 2017.

    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. Zachary Bethune & Nicholas Trachter & Bruno Sultanum, 2019. "An Information-Based Theory of Financial Intermediation," Working Paper 19-12, Federal Reserve Bank of Richmond, revised 02 Jul 2019.
    3. Bruno Sultanum & Zachary Bethune & Nicholas Trachter, 2018. "Inefficiency in a Simple Model of Production and Bilateral Trade," Economic Quarterly, Federal Reserve Bank of Richmond, pages 137-151.
    4. Julian Kozlowski, 2017. "Long-Term Finance and Investment with Frictional Asset Markets," Working Papers 2018-12, Federal Reserve Bank of St. Louis, revised 17 May 2019.

  3. Nicholas Trachter & Leena Rudanko & Guido Menzio & Greg Kaplan, 2016. "Relative price dispersion: evidence and theory," Working Papers 16-6, Federal Reserve Bank of Philadelphia, revised 01 Aug 2018.

    Cited by:

    1. Guido Menzio & Nicholas Trachter, 2015. "Equilibrium Price Dispersion Across and Within Stores," PIER Working Paper Archive 15-003, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    2. 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.
    3. 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.).
    4. Diego Daruich & Julian Kozlowski, 2019. "Uniform Pricing Within and Across Regions: New Evidence from Argentina," 2019 Meeting Papers 669, Society for Economic Dynamics.
    5. Rhodes, Andrew & Watanabe, Makoto & Zhou, Jidong, 2017. "Multiproduct Intermediaries and Optimal Product Range," TSE Working Papers 17-857, Toulouse School of Economics (TSE).
    6. 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.
    7. René Böheim & Franz Hackl & Michael Hölzl-Leitner, 2019. "The impact of price adjustment costs on price dispersion in E-commerce," Economics working papers 2019-04, Department of Economics, Johannes Kepler University Linz, Austria.
    8. Pau Roldán & Sonia Gilbukh, 2018. "Firm dynamics and pricing under customer capital accumulation," Working Papers 1838, Banco de España;Working Papers Homepage.
    9. Rhodes, Andrew & Zhou, Jidong, 2016. "Consumer Search and Retail Market Structure," MPRA Paper 69484, University Library of Munich, Germany.
    10. Fabra, Natalia & Montero, Juan Pablo, 2017. "Product Choice and Price Discrimination in Markets with Search Costs," CEPR Discussion Papers 12046, C.E.P.R. Discussion Papers.
    11. Baughman, Garth & Rabinovich, Stanislav, 2019. "Self-confirming price dispersion in monetary economies," Journal of Economic Theory, Elsevier, vol. 183(C), pages 284-311.
    12. 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.
    13. Garcia, Daniel & Janssen, Maarten, 2018. "Retail channel management in consumer search markets," International Journal of Industrial Organization, Elsevier, vol. 58(C), pages 162-182.
    14. Pau Roldan & Sophia Gilbukh, 2017. "Firm Dynamics and Pricing under Customer Capital Accumulation," 2017 Meeting Papers 1235, Society for Economic Dynamics.
    15. Nicholas Trachter, 2016. "Price Dispersion When Stores Sell Multiple Goods," Economic Quarterly, Federal Reserve Bank of Richmond, pages 127-146.
    16. Andres Drenik, 2017. "Pricing in Multiple Currencies in Domestic Markets," 2017 Meeting Papers 1418, Society for Economic Dynamics.

  4. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2016. "Private Information in Over-the-Counter Markets," Working Paper 16-16, Federal Reserve Bank of Richmond, revised 21 Dec 2016.

    Cited by:

    1. 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.
    2. Julien Hugonnier & Benjamin Lester & Pierre-Olivier Weill, 2019. "Frictional Intermediation in Over-the-Counter Markets," 2019 Meeting Papers 327, Society for Economic Dynamics.
    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, revised 17 May 2019.
    6. 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.

  5. Guido Menzio & Nicholas Trachter, 2015. "Equilibrium Price Dispersion Across and Within Stores," PIER Working Paper Archive 15-003, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

    Cited by:

    1. 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.
    2. Nicholas Trachter & Leena Rudanko & Guido Menzio & Greg Kaplan, 2016. "Relative price dispersion: evidence and theory," Working Papers 16-6, Federal Reserve Bank of Philadelphia, revised 01 Aug 2018.
    3. 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.
    4. 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.
    5. 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.).
    6. Olivier Coibion & Yuriy Gorodnichenko & Dmitri Koustas, 2017. "Consumption Inequality and the Frequency of Purchases," NBER Working Papers 23357, National Bureau of Economic Research, Inc.
    7. Hämäläinen, Saara & Petrikaite, Vaiva, 2018. "Mobility with private information and privacy suppression," CEPR Discussion Papers 12860, C.E.P.R. Discussion Papers.
    8. 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.
    9. René Böheim & Franz Hackl & Michael Hölzl-Leitner, 2019. "The impact of price adjustment costs on price dispersion in E-commerce," Economics working papers 2019-04, Department of Economics, Johannes Kepler University Linz, Austria.
    10. Hämäläinen, Saara, 2018. "Competitive search obfuscation," Journal of Economic Dynamics and Control, Elsevier, vol. 97(C), pages 38-63.
    11. Pau Roldán & Sonia Gilbukh, 2018. "Firm dynamics and pricing under customer capital accumulation," Working Papers 1838, Banco de España;Working Papers Homepage.
    12. Baughman, Garth & Rabinovich, Stanislav, 2019. "Self-confirming price dispersion in monetary economies," Journal of Economic Theory, Elsevier, vol. 183(C), pages 284-311.
    13. Pau Roldan & Sophia Gilbukh, 2017. "Firm Dynamics and Pricing under Customer Capital Accumulation," 2017 Meeting Papers 1235, Society for Economic Dynamics.
    14. Nicholas Trachter, 2016. "Price Dispersion When Stores Sell Multiple Goods," Economic Quarterly, Federal Reserve Bank of Richmond, pages 127-146.
    15. Ryan Chahrour & Luminita Stevens, 2019. "Price Dispersion and the Border Effect," 2019 Meeting Papers 947, Society for Economic Dynamics.

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

    Cited by:

    1. Guido Menzio & Nicholas Trachter, 2015. "Equilibrium Price Dispersion Across and Within Stores," PIER Working Paper Archive 15-003, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    2. Pau Roldán & Sonia Gilbukh, 2018. "Firm dynamics and pricing under customer capital accumulation," Working Papers 1838, Banco de España;Working Papers Homepage.
    3. Andres Drenik, 2017. "Pricing in Multiple Currencies in Domestic Markets," 2017 Meeting Papers 1418, Society for Economic Dynamics.

  7. Guido Menzio & Nicholas Trachter, 2014. "Large and Small Sellers: A Theory of Equilibrium Price Dispersion with Sequential Search," NBER Working Papers 19990, National Bureau of Economic Research, Inc.

    Cited by:

    1. Guido Menzio & Nicholas Trachter, 2015. "Equilibrium Price Dispersion Across and Within Stores," PIER Working Paper Archive 15-003, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

  8. 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, revised 01 Feb 2016.

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

    Cited by:

    1. 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.
    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. 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.
    4. 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.).
    5. Olivier Coibion & Yuriy Gorodnichenko & Dmitri Koustas, 2017. "Consumption Inequality and the Frequency of Purchases," NBER Working Papers 23357, National Bureau of Economic Research, Inc.
    6. Hämäläinen, Saara & Petrikaite, Vaiva, 2018. "Mobility with private information and privacy suppression," CEPR Discussion Papers 12860, C.E.P.R. Discussion Papers.
    7. 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.
    8. Baughman, Garth & Rabinovich, Stanislav, 2019. "Self-confirming price dispersion in monetary economies," Journal of Economic Theory, Elsevier, vol. 183(C), pages 284-311.
    9. Nicholas Trachter, 2016. "Price Dispersion When Stores Sell Multiple Goods," Economic Quarterly, Federal Reserve Bank of Richmond, pages 127-146.
    10. Ryan Chahrour & Luminita Stevens, 2019. "Price Dispersion and the Border Effect," 2019 Meeting Papers 947, Society for Economic Dynamics.

  10. Gorry Devon & Aspen Gorry & Nicholas Trachter, 2014. "Learning and Life Cycle Patterns of Occupational Transitions," Working Paper 14-15, Federal Reserve Bank of Richmond, revised 02 Oct 2014.

    Cited by:

    1. Todd M. Gabe & Jaison R. Abel & Richard Florida, 2018. "Can low-wage workers find better jobs?," Staff Reports 846, Federal Reserve Bank of New York.

  11. Nicholas Trachter, 2014. "Stepping Stone and Option Value in a Model of Postsecondary Education," Working Paper 14-3, Federal Reserve Bank of Richmond, revised 04 Feb 2014.

    Cited by:

    1. Lutz Hendricks & Oksana Leukhina, 2017. "Online Appendix to "How Risky is College Investment?"," Online Appendices 15-52, Review of Economic Dynamics.
    2. Lutz Hendricks & Oksana Leukhina, 2015. "How Risky is College Investment?," CESifo Working Paper Series 5203, CESifo Group Munich.
    3. Lutz Hendricks & Oksana Leukhina, 2015. "The Return to College: Selection and Dropout Risk," Working Papers 2015-013, Human Capital and Economic Opportunity Working Group.
    4. 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.
    5. Hendricks, Lutz & Leukhina, Oksana, 2015. "How risky is college investment?," CFS Working Paper Series 502, Center for Financial Studies (CFS).
    6. Phillipp Eisenhauer & James J. Heckman & Stefano Mosso, 2014. "Estimation of Dynamic Discrete Choice Models by Maximum Likelihood and the Simulated Method of Moments," NBER Working Papers 20622, National Bureau of Economic Research, Inc.
    7. Luc Bridet & Margaret Leighton, 2015. "The Major Decision: Labor Market Implications of the Timing of Specialization in College," Discussion Paper Series, School of Economics and Finance 201510, School of Economics and Finance, University of St Andrews.
    8. Nicholas Trachter & Ali K. Ozdagli, 2014. "The Dropout Option in a Simple Model of College Education," Economic Quarterly, Federal Reserve Bank of Richmond, pages 279-295.
    9. Manuel Macera & Hitoshi Tsujiyama, 2018. "Frictional Labor Markets, Education Choices and Wage Inequality," 2018 Meeting Papers 827, Society for Economic Dynamics.

  12. Francesco Lippi & Stefania Ragni & Nicholas Trachter, 2013. "State Dependent Monetary Policy," EIEF Working Papers Series 1324, Einaudi Institute for Economics and Finance (EIEF), revised Sep 2013.

    Cited by:

    1. Rocheteau, Guillaume & Weill, Pierre-Olivier & Wong, Russell, 2018. "A tractable model of monetary exchange with ex-post heterogeneity," Theoretical Economics, Econometric Society, vol. 13(3), September.
    2. Jonathan Zinman, 2013. "Consumer Credit: Too Much or Too Little (or Just Right)?," NBER Working Papers 19682, National Bureau of Economic Research, Inc.
    3. 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.

  13. Luigi Paciello & Andrea Pozzi & Nicholas Trachter, 2013. "Price Dynamics with Customer Markets," EIEF Working Papers Series 1328, Einaudi Institute for Economics and Finance (EIEF), revised Dec 2017.

    Cited by:

    1. Petrosky-Nadeau, Nicolas & Wasmer, Etienne & Zeng, Shutian, 2016. "Shopping time," Economics Letters, Elsevier, vol. 143(C), pages 52-60.
    2. Sungki Hong, 2017. "Customer Capital, Markup Cyclicality, and Amplification," Working Papers 2017-33, Federal Reserve Bank of St. Louis, revised 25 Feb 2019.
    3. Shouyong Shi, 2013. "Customer Relationship and Sales," Working Papers tecipa-490, University of Toronto, Department of Economics.
    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. Sebastian Heise, 2018. "Firm-to-Firm Relationships and Price Rigidity: Theory and Evidence," 2018 Meeting Papers 937, Society for Economic Dynamics.
    8. S. Dupraz, 2017. "A Kinked-Demand Theory of Price Rigidity," Working papers 656, Banque de France.
    9. Pau Roldán & Sonia Gilbukh, 2018. "Firm dynamics and pricing under customer capital accumulation," Working Papers 1838, Banco de España;Working Papers Homepage.
    10. Sungki Hong, 2019. "Customer Capital, Markup Cyclicality, and Amplification," 2019 Meeting Papers 959, Society for Economic Dynamics.
    11. Pau Roldan & Sophia Gilbukh, 2017. "Firm Dynamics and Pricing under Customer Capital Accumulation," 2017 Meeting Papers 1235, Society for Economic Dynamics.
    12. Joseph Vavra & David Berger, 2013. "Pass-through Across Products and Time," 2013 Meeting Papers 452, Society for Economic Dynamics.

  14. 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.

  15. 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. Williamson, Stephen D. & Wang, Cheng, 1999. "Moral Hazard, Optimal Unemployment Insurance, and Experience Rating," Working Papers 99-03, University of Iowa, Department of Economics.

  16. 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 K. 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, revised 2011.
    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.

  17. Ali K. 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, revised 2011.

    Cited by:

    1. Urvi Neelakantan & Felicia Ionescu & Kartik Athreya, 2015. "Learn Now, Save Later: College and Household Portfolios," 2015 Meeting Papers 804, Society for Economic Dynamics.
    2. 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.).
    3. Yang, Guanyi, 2018. "Endogenous Skills and Labor Income Inequality," MPRA Paper 89638, University Library of Munich, Germany.
    4. 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.
    5. 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.
    6. Urvi Neelakantan & Felicia Ionescu & Kartik Athreya, 2014. "Risky, Lumpy Human Capital in Household Portfolios," 2014 Meeting Papers 1242, Society for Economic Dynamics.
    7. Nicholas Trachter & Ali K. Ozdagli, 2014. "The Dropout Option in a Simple Model of College Education," Economic Quarterly, Federal Reserve Bank of Richmond, pages 279-295.

  18. Ezra Oberfield & Nicholas Trachter, 2010. "Commodity money with frequent search," Working Paper Series WP-2010-22, Federal Reserve Bank of Chicago, revised 2010.

    Cited by:

    1. Federico Bonetto & Maurizio Iacopetta, 2018. "A Dynamic Analysis of Nash Equilibria in Search Models with Fiat Money," Papers 1805.04733, arXiv.org.
    2. 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.
    3. Michael Choi & Guillaume Rocheteau, 2019. "Money Mining and Price Dynamics," 2019 Meeting Papers 74, Society for Economic Dynamics.
    4. 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.
    5. Maurizio Iacopetta & Raoul Minetti, 2019. "Asset Dynamics, Liquidity, And Inequality In Decentralized Markets," Economic Inquiry, Western Economic Association International, vol. 57(1), pages 537-551, January.

Articles

  1. 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.
  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.
    See citations under working paper version above.
  3. 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.
  4. 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.
  5. 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.
  6. 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. Rocheteau, Guillaume & Weill, Pierre-Olivier & Wong, Russell, 2018. "A tractable model of monetary exchange with ex-post heterogeneity," Theoretical Economics, Econometric Society, vol. 13(3), September.
    2. Xavier Ragot & Florin O. Bilbiie, 2016. "Monetary Policy, Inflation, and Inequality: The Case for Helicopters," 2016 Meeting Papers 1663, Society for Economic Dynamics.
    3. 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.
    4. 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.
    5. Florin Bilbiie & Xavier Ragot, 2017. "Optimal Monetary Policy and Liquidity with Heterogeneous Households," Sciences Po Economics Discussion Papers 2017-02, Sciences Po Departement of Economics.
    6. Chao Gu & Randall Wright, 2016. "Monetary Mechanisms," Working Papers 1601, Department of Economics, University of Missouri.
    7. 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.
    8. Xavier Ragot, 2018. "Limited Participation, Capital Accumulation and Optimal Monetary Policy," Sciences Po publications 2018-12, Sciences Po.
    9. Enders, Zeno, 2017. "Heterogeneous consumers, segmented asset markets, and the real effects of monetary policy," Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168227, Verein für Socialpolitik / German Economic Association.
    10. Andreas Schabert, 2017. "Welfare-Enhancing Distributional Effects of Central Bank Asset Purchases," Working Paper Series in Economics 94, University of Cologne, Department of Economics.
    11. Gu, Chao & Wright, Randall, 2016. "Monetary mechanisms," Journal of Economic Theory, Elsevier, vol. 163(C), pages 644-657.
    12. Sterk, Vincent & Tenreyro, Silvana, 2018. "The transmission of monetary policy through redistributions and durable purchases," Journal of Monetary Economics, Elsevier, vol. 99(C), pages 124-137.
    13. Russell Wong, 2018. "Self-Insurance and the Risk-Sharing Role of Money," Economic Quarterly, Federal Reserve Bank of Richmond, pages 35-52.
    14. Zeno Enders, 2017. "Heterogeneous Consumers, Segmented Asset Markets, and the Real Effects of Monetary Policy," CESifo Working Paper Series 6467, CESifo Group Munich.

  7. 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.
  8. 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.
  9. 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.

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Statistics

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Co-authorship network on CollEc

NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 28 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-COM: Industrial Competition (15) 2013-11-09 2014-03-30 2014-04-29 2014-07-28 2015-01-03 2015-01-09 2015-01-31 2015-02-16 2015-02-16 2015-08-30 2015-08-30 2016-03-29 2017-01-15 2018-10-15 2018-11-26. Author is listed
  2. NEP-DGE: Dynamic General Equilibrium (13) 2011-01-03 2012-03-28 2013-09-26 2013-11-09 2014-04-29 2014-06-02 2014-07-28 2015-01-03 2015-01-31 2015-02-16 2015-02-16 2015-12-08 2017-01-15. Author is listed
  3. NEP-MAC: Macroeconomics (10) 2012-03-28 2013-09-26 2013-11-09 2014-06-02 2014-11-07 2015-01-03 2015-01-09 2016-03-29 2016-03-29 2016-03-29. Author is listed
  4. NEP-MIC: Microeconomics (6) 2014-03-30 2014-04-29 2015-01-31 2015-02-16 2015-02-16 2015-08-30. Author is listed
  5. NEP-MKT: Marketing (6) 2013-11-09 2014-07-28 2015-01-03 2015-01-09 2016-03-29 2017-01-15. Author is listed
  6. NEP-URE: Urban & Real Estate Economics (5) 2015-02-16 2015-08-30 2015-08-30 2018-10-15 2018-11-26. Author is listed
  7. NEP-BEC: Business Economics (4) 2013-11-09 2014-07-28 2018-10-15 2018-11-26
  8. NEP-CBA: Central Banking (4) 2011-01-03 2013-09-26 2013-11-09 2014-06-02
  9. NEP-IND: Industrial Organization (4) 2015-01-09 2016-03-29 2018-10-15 2018-11-26
  10. NEP-MON: Monetary Economics (4) 2012-03-28 2013-09-26 2013-11-09 2014-06-02
  11. NEP-CTA: Contract Theory & Applications (2) 2012-03-28 2015-01-03
  12. NEP-EFF: Efficiency & Productivity (2) 2018-10-15 2018-10-15
  13. NEP-GER: German Papers (2) 2015-08-30 2015-08-30
  14. NEP-LAB: Labour Economics (2) 2011-08-29 2014-11-07
  15. NEP-EDU: Education (1) 2014-04-29
  16. NEP-GEO: Economic Geography (1) 2018-10-15
  17. NEP-HRM: Human Capital & Human Resource Management (1) 2014-04-29
  18. NEP-LMA: Labor Markets - Supply, Demand, & Wages (1) 2018-11-26
  19. NEP-MST: Market Microstructure (1) 2017-01-01

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