Economic Research
EconomistsResearch Economists
All Publications and Papers for
Harold L. Cole
Consultant
Latin America in the Rearview Mirror
September 2006 - Quarterly Review
Published In: Journal of Monetary Economics
(Vol. 52, No. 1, January 2005, pp. 69-107)
Deflation and the International Great Depression: A Productivity Puzzle
February 2005 - Staff Report 356
Latin America in the Rearview Mirror
November 2004 - Staff Report 351
Published In: Quarterly Review
(Vol. 30, No. 1, September 2006, pp. 2-27)
Published In: Journal of Monetary Economics
(Vol. 52, No. 1, January 2005, pp. 69-107)
The Great U.K. Depression: A Puzzle and Possible Resolution
October 2001 - Staff Report 295
Published In: Review of Economic Dynamics
(Vol. 5, No. 1, January 2002, pp. 19-44)
New Deal Policies and the Persistence of the Great Depression: A General Equilibrium Analysis
Revised May 2001 - Working Paper 597
Published In: Journal of Political Economy
(Vol. 112, No. 4, 2004, pp. 779-816)
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)
Finite Memory and Imperfect Monitoring
September 2000 - Working Paper 604
Re-Examining the Contributions of Money and Banking Shocks to the U.S. Great Depression
June 2000 - Staff Report 270
Published In: NBER Macroeconomics Annual 2000
(Vol. 15, 2001, pp. 183-227)
The Great Depression in the United States From A Neoclassical Perspective
Winter 1999 - Quarterly Review
Aggregate Returns to Scale: Why Measurement Is Imprecise
Summer 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)
Efficient Non-contractible Investments
August 1998 - Staff Report 253
Self-Fulfilling Debt Crises
Revised July 1998 - Staff Report 211
Published In: Review of Economic Studies
(Vol. 67, No. 1, January 2000, pp. 91-116)
The Demand for Money and the Nonneutrality of Money
Revised May 1998 - Staff Report 246
Zero Nominal Interest Rates: Why They’re Good and How to Get Them
Spring 1998 - Quarterly Review
Reviving Reputation Models of International Debt
Winter 1997 - Quarterly Review
Dynamic Games With Hidden Actions and Hidden States
July 1997 - Working Paper 583
Shrinking Money and Monetary Business Cycles
March 1997 - Working Paper 579
Models of Sovereign Debt: Partial vs. General Reputations
March 1997 - Working Paper 580
Published In: International Economic Review
(Vol. 39, No. 1, February 1998, pp. 55-70)
A Microfoundation for Incomplete Security Markets
Revised March 1997 - Working Paper 577
Can the Mortensen-Pissarides Matching Model Match the Business Cycle Facts?
December 1996 - Staff Report 224
Published In: International Economic Review
(Vol. 40, No. 4, November 1999, pp. 933-959)
Class Systems and the Enforcement of Social Norms
July 1996 - Staff Report 213
Published In: Journal of Public Economics
(Vol. 70, No. 1, October 1998, pp. 5-35)
Reassessing Aggregate Returns to Scale With Standard Theory and Measurement
July 1996 - Working Paper 566
A Self-Fulfilling Model of Mexico's 1994-95 Debt Crisis
April 1996 - Staff Report 210
Published In: Journal of International Economics
(Vol. 41, No. 3-4, November 1996, pp. 309-330)
Reputation Spillover Across Relationships: Reviving Reputation Models of Debt
March 1996 - Staff Report 209
Valuation Equilibria With Clubs
Revised March 1996 - Staff Report 174
Published In: Journal of Economic Theory
(Vol. 74, No. 1, May 1997, pp. 19-39)
Incorporating Concern for Relative Wealth Into Economic Models
Summer 1995 - Quarterly Review
A Contribution to the Theory of Pork Barrel Spending
Revised January 1995 - Staff Report 156
Default, Settlement, and Signalling: Lending Resumption in a Reputational Model of Sovereign Debt
September 1994 - Staff Report 180
Published In: International Economic Review
(Vol. 36, No. 2, May 1995, pp. 365-385)
The Role of Institutions in Reputation Models of Sovereign Debt
August 1994 - Staff Report 179
Published In: Journal of Monetary Economics
(Vol. 35, No. 1, February 1995, pp. 45-64)
Why Are Representative Democracies Fiscally Irresponsible?
August 1993 - Staff Report 163
Published In: Cuadernos Economicos
(No. 62, 1996, pp. 169-78)
The Macroeconomic Effects of World Trade in Financial Assets
Summer 1993 - Quarterly Review
Published In: International Economic Review
(Vol. 29, No. 2, May 1988, pp. 237-259)
Direct Investment: A Doubtful Alternative to International Debt
Winter 1992 - Quarterly Review
Published In: Journal of International Economics
(Vol. 30, No. 3-4, May 1991, pp. 201-227)
Reputation With Multiple Relationships: Revising Reputation Models of Debt
March 1991 - Staff Report 137
