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Thomas Michael Mertens

Personal Details

First Name:Thomas
Middle Name:Michael
Last Name:Mertens
Suffix:
RePEc Short-ID:pme415
[This author has chosen not to make the email address public]
https://sites.google.com/site/thomasmichaelmertens/
Terminal Degree:2009 Department of Economics; Harvard University (from RePEc Genealogy)

Affiliation

Economic Research
Federal Reserve Bank of San Francisco

San Francisco, California (United States)
http://www.frbsf.org/economics/

: (415) 974-3190
(415) 974-2168
P.O. Box 7702, San Francisco, CA 94120-7702
RePEc:edi:erfsfus (more details at EDIRC)

Research output

as
Jump to: Working papers Articles

Working papers

  1. Mertens, Thomas M. & Williams, John C., 2018. "What to Expect from the Lower Bound on Interest Rates: Evidence from Derivatives Prices," Working Paper Series 2018-3, Federal Reserve Bank of San Francisco.
  2. Tarek A. Hassan & Thomas M. Mertens, 2011. "The Social Cost of Near-Rational Investment," NBER Working Papers 17027, National Bureau of Economic Research, Inc.
  3. Roc Armenter & Thomas M. Mertens, 2010. "Fraud deterrence in dynamic Mirrleesian economies," Working Papers 10-7, Federal Reserve Bank of Philadelphia.
  4. Thomas Mertens, 2005. "Option pricing with sparse grids," Computing in Economics and Finance 2005 449, Society for Computational Economics.

Articles

  1. Mertens, Thomas M. & Shultz, Patrick & Tubbs, Michael, 2018. "Valuation Ratios for Households and Businesses," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
  2. Bauer, Michael D. & Mertens, Thomas M., 2018. "Economic Forecasts with the Yield Curve," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
  3. Bauer, Michael D. & Mertens, Thomas M., 2018. "Information in the Yield Curve about Future Recessions," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
  4. Mertens, Thomas M. & Shultz, Patrick, 2017. "China's Exchange Rate Policies and U.S. Financial Markets," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
  5. Fernald, John G. & Mertens, Thomas M. & Shultz, Patrick, 2017. "Has the Dollar Become More Sensitive to Interest Rates?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
  6. Tarek A. Hassan & Thomas M. Mertens, 2011. "Market Sentiment: A Tragedy of the Commons," American Economic Review, American Economic Association, vol. 101(3), pages 402-405, May.

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.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Tarek A. Hassan & Thomas M. Mertens, 2011. "The Social Cost of Near-Rational Investment," NBER Working Papers 17027, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. The high welfare cost of small information failures
      by Economic Logician in Economic Logic on 2011-06-09 20:19:00

Working papers

  1. Tarek A. Hassan & Thomas M. Mertens, 2011. "The Social Cost of Near-Rational Investment," NBER Working Papers 17027, National Bureau of Economic Research, Inc.

    Cited by:

    1. Kyle Jurado, 2016. "Advance Information and Distorted Beliefs in Macroeconomic and Financial Fluctuations," 2016 Meeting Papers 154, Society for Economic Dynamics.
    2. Joel M. David & Ina Simonovska, 2015. "Correlated Beliefs, Returns, and Stock Market Volatility," NBER Working Papers 21480, National Bureau of Economic Research, Inc.
    3. Tarek A. Hassan & Stephan Hollander & Laurence van Lent & Ahmed Tahoun, 2017. "Firm-Level Political Risk: Measurement and Effects," NBER Working Papers 24029, National Bureau of Economic Research, Inc.
    4. Mendel, Brock & Shleifer, Andrei, 2012. "Chasing Noise," Scholarly Articles 10859950, Harvard University Department of Economics.
    5. Giacomo Rondina & Todd Walker, 2016. "Learning and Informational Stability of Dynamic REE with Incomplete Information," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 21, pages 147-159, July.
    6. Andreas Fuster & Benjamin Hebert & David Laibson, 2012. "Natural Expectations, Macroeconomic Dynamics, and Asset Pricing," NBER Macroeconomics Annual, University of Chicago Press, vol. 26(1), pages 1-48.
    7. Rüdiger Bachmann & Steffen Elstner, 2013. "Firms' Optimism and Pessimism," NBER Working Papers 18989, National Bureau of Economic Research, Inc.
    8. Robert Ulbricht & Ludwig Straub, 2015. "Endogenous Uncertainty and Credit Crunches," 2015 Meeting Papers 199, Society for Economic Dynamics.
    9. Adam, Klaus & Beutel, Johannes & Marcet, Albert, 2014. "Stock Price Booms and Expected Capital Gains," CEPR Discussion Papers 9988, C.E.P.R. Discussion Papers.
    10. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, Elsevier.
    11. Lansing, Kevin J., 2012. "Speculative growth, overreaction, and the welfare cost of technology-driven bubbles," Journal of Economic Behavior & Organization, Elsevier, vol. 83(3), pages 461-483.
    12. Elena Asparouhova & Peter Bossaerts & Nilanjan Roy & William Zame, 2013. "‘Lucas’ In The Laboratory," EIEF Working Papers Series 1314, Einaudi Institute for Economics and Finance (EIEF), revised May 2013.
    13. Hassan, Tarek & Mertens, Thomas M., 2014. "Information Aggregation in a DSGE Model," CEPR Discussion Papers 10020, C.E.P.R. Discussion Papers.
    14. Ryan Chahrour & Gaetano Gaballo, 2015. "On the Nature and Stability of Sentiments," Boston College Working Papers in Economics 873, Boston College Department of Economics, revised 05 May 2015.
    15. Thomas Mertens, 2012. "Solving General Incomplete Market Models with Substantial Heterogeneity," 2012 Meeting Papers 1173, Society for Economic Dynamics.
    16. Kathy Yuan & Emre Ozdenoren & Itay Goldstein, 2010. "Trading Frenzies and Their Impact on Real Investment," 2010 Meeting Papers 94, Society for Economic Dynamics.
    17. Tarek A. Hassan & Thomas M. Mertens, 2011. "Market Sentiment: A Tragedy of the Commons," American Economic Review, American Economic Association, vol. 101(3), pages 402-405, May.
    18. Fuchs-Schündeln, Nicola & Hassan, Tarek, 2015. "Natural Experiments in Macroeconomics," CEPR Discussion Papers 10628, C.E.P.R. Discussion Papers.
    19. Markus K. Brunnermeier & Alp Simsek & Wei Xiong, 2014. "A Welfare Criterion For Models With Distorted Beliefs," The Quarterly Journal of Economics, Oxford University Press, vol. 129(4), pages 1753-1797.
    20. Tarek A. Hassan & Thomas M. Mertens, 2014. "Information Aggregation in a Dynamic Stochastic General Equilibrium Model," NBER Chapters,in: NBER Macroeconomics Annual 2014, Volume 29, pages 159-207 National Bureau of Economic Research, Inc.
    21. Mertens, Thomas M. & Judd, Kenneth L., 2018. "Solving an incomplete markets model with a large cross-section of agents," Journal of Economic Dynamics and Control, Elsevier, vol. 91(C), pages 349-368.
    22. Stephen J. Terry, 2015. "The Macro Impact of Short-Termism," Discussion Papers 15-022, Stanford Institute for Economic Policy Research.
    23. Chahrour, Ryan & Gaballo, Gaetano, 2017. "Learning from prices: amplication and business fluctuations," Working Paper Series 2053, European Central Bank.
    24. Avanidhar Subrahmanyam & Sheridan Titman, 2013. "Financial Market Shocks and the Macroeconomy," NBER Working Papers 19383, National Bureau of Economic Research, Inc.
    25. Indrajit Mitra & Leonid Kogan, 2014. "Accuracy Verification for Numerical Solutions of Equilibrium Models," 2014 Meeting Papers 423, Society for Economic Dynamics.

  2. Roc Armenter & Thomas M. Mertens, 2010. "Fraud deterrence in dynamic Mirrleesian economies," Working Papers 10-7, Federal Reserve Bank of Philadelphia.

    Cited by:

    1. Zoutman, Floris T. & Jacobs, Bas, 2016. "Optimal redistribution and monitoring of labor supply," Journal of Public Economics, Elsevier, vol. 135(C), pages 15-31.
    2. Chen, Yunmin & Chien, YiLi & Yang, C.C., 2015. "Individual and Aggregate Constrained Efficient Intertemporal Wedges in Dynamic Mirrleesian Economies," Working Papers 2015-43, Federal Reserve Bank of St. Louis, revised 01 Apr 2016.
    3. Ravikumar, B. & Zhang, Yuzhe, 2012. "Optimal auditing and insurance in a dynamic model of tax compliance," Theoretical Economics, Econometric Society, vol. 7(2), May.

  3. Thomas Mertens, 2005. "Option pricing with sparse grids," Computing in Economics and Finance 2005 449, Society for Computational Economics.

    Cited by:

    1. Daniel Gull, 2011. "Valuation of Discount Options in Software License Agreements," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 3(4), pages 221-230, August.

Articles

  1. Bauer, Michael D. & Mertens, Thomas M., 2018. "Economic Forecasts with the Yield Curve," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Brainard, Lael, 2018. "Sustaining Full Employment and Inflation around Target : a speech at the Forecasters Club of New York, New York, New York, May 31, 2018," Speech 1005, Board of Governors of the Federal Reserve System (U.S.).

  2. Fernald, John G. & Mertens, Thomas M. & Shultz, Patrick, 2017. "Has the Dollar Become More Sensitive to Interest Rates?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Matthieu Bussiere & Menzie D. Chinn & Laurent Ferrara & Jonas Heipertz, 2018. "The New Fama Puzzle," NBER Working Papers 24342, National Bureau of Economic Research, Inc.

  3. Tarek A. Hassan & Thomas M. Mertens, 2011. "Market Sentiment: A Tragedy of the Commons," American Economic Review, American Economic Association, vol. 101(3), pages 402-405, May.

    Cited by:

    1. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, Elsevier.
    2. George-Marios Angeletos & Chen Lian, 2016. "Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination," NBER Working Papers 22297, National Bureau of Economic Research, Inc.
    3. Tarek A. Hassan & Thomas M. Mertens, 2011. "The Social Cost of Near-Rational Investment," NBER Working Papers 17027, National Bureau of Economic Research, Inc.
    4. Vladimir Asriyan & William Fuchs & Brett Green, 2017. "Liquidity sentiments," Economics Working Papers 1583, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 2018.

More information

Research fields, statistics, top rankings, if available.

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 5 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-MAC: Macroeconomics (3) 2016-08-28 2018-02-19 2018-09-10
  2. NEP-CTA: Contract Theory & Applications (2) 2010-04-11 2011-05-14
  3. NEP-MON: Monetary Economics (2) 2018-02-19 2018-09-10
  4. NEP-CBA: Central Banking (1) 2018-09-10
  5. NEP-IAS: Insurance Economics (1) 2010-04-11

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