Who We Are
Careers at the BankNarayana Kocherlakota
President
Research as a Minneapolis Fed Economist
Money and Bonds: An Equivalence Theorem
July 2007 - Staff Report 393
Household Heterogeneity and Real Exchange Rates
April 2006 - Staff Report 372
Published In: Economic Journal
(Vol. 117, 2007, pp. C1-C25)
Optimal Monetary Policy: What We Know and What We Don’t Know
October 2005 - Quarterly Review
Published In: International Economic Review
(Vol. 46, No. 2, May 2005, pp. 715-729)
Optimal Indirect and Capital Taxation
September 2001 - Staff Report 293
Published In: Review of Economic Studies
(Vol. 70, No. 3, July 2003, pp. 569-587)
Looking for Evidence of Time-Inconsistent Preferences in Asset Market Data
Summer 2001 - Quarterly Review
Optimal Indirect and Capital Taxation
June 2001 - Working Paper 615
Finite Memory and Imperfect Monitoring
March 2001 - Staff Report 287
Published In: Games and Economic Behavior
(Vol. 53, No. 1, October 2005, pp. 59-72)
Building Blocks for Barriers to Riches
March 2001 - Staff Report 288
Finite Memory and Imperfect Monitoring
September 2000 - Working Paper 604
Risky Collateral and Deposit Insurance
August 2000 - Staff Report 274
Published In: Advances in Macroeconomics
(Vol. 1, No. 1, 2001)
Societal Benefits of Nominal Bonds
August 2000 - Staff Report 275
Creating Business Cycles Through Credit Constraints
Summer 2000 - Quarterly Review
Explaining the Fiscal Theory of the Price Level
Fall 1999 - Quarterly Review
Efficient Allocations with Hidden Income and Hidden Storage
Revised June 1999 - Staff Report 238
Published In: Review of Economic Studies
(Vol. 68, No. 3, July 2001, pp. 523-542)
Dynamic Games With Hidden Actions and Hidden States
September 1998 - Staff Report 254
Published In: Journal of Economic Theory
(Vol. 98, No. 1, May 2001, pp. 114-126)
The Technological Role of Fiat Money
Summer 1998 - Quarterly Review
Zero Nominal Interest Rates: Why They’re Good and How to Get Them
Spring 1998 - Quarterly Review
Dynamic Games With Hidden Actions and Hidden States
July 1997 - Working Paper 583
A Microfoundation for Incomplete Security Markets
Revised March 1997 - Working Paper 577
Optimal Allocations With Incomplete Record-Keeping and No Commitment
Revised February 1997 - Working Paper 578
Money is Memory
October 1996 - Staff Report 218
Published In: Journal of Economic Theory
(Vol. 81, No. 2, August 1998, pp. 232-251)
Why Should Older People Invest Less in Stocks Than Younger People?
Summer 1996 - Quarterly Review
The Equity Premium: It's Still a Puzzle
August 1995 - Discussion Paper
Published In: Journal of Economic Literature
(Vol. 34, No. 1, March 1996, pp. 42-71)
Measuring the Cyclical Behavior of Home Production: A Macroeconomic Analysis
August 1995 - Discussion Paper
