Narayana 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

Latest

Narayana Kocherlakota