Research 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

A Microfoundation for Incomplete Security Markets

Revised March 1997 - Working Paper 577

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)

Shrinking Money and Monetary Business Cycles

March 1997 - Working Paper 579

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

 
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