Economic Research
EconomistsResearch Economists
All Publications and Papers for
Narayana Kocherlakota
President
61st Annual Management Conference of the University of Chicago Booth School of Business
May 2013 - President's Speeches
Additional Files [pdf]
Impact of a Land Price Fall When Labor Markets are Incomplete
April 2013 - Research Papers
Low Real Interest Rates - Executive Summary
April 2013 - President's Speeches
Additional Files [pdf]
Low Real Interest Rates
April 2013 - President's Speeches
Additional Files [pdf]
Improving the Outlook with Better Monetary Policy
April 2013 - President's Speeches
Additional Files [pdf]
Operational Implications of the FOMC's Principles Statement
April 2013 - President's Speeches
Improving the Outlook with Better Monetary Policy
April 2013 - President's Speeches
Additional Files [pdf]
Improving the Outlook with Better Monetary Policy
March 2013 - President's Speeches
Additional Files [pdf]
Better Policy through Better Communication: Two Conversations with Narayana Kocherlakota
March 2013 - The Region
Message from the President
March 2013 - The Region
Past, Present and Future: The Macroeconomy and Federal Reserve Actions
January 2013 - President's Speeches
Additional Files [pdf]
Past, Present and Future: The Macroeconomy and Federal Reserve Actions
January 2013 - President's Speeches
Additional Files [pdf]
Past, Present and Future: The Macroeconomy and Federal Reserve Actions
January 2013 - President's Speeches
Additional Files [pdf]
Conversations with the Fed
January 2013 - President's Speeches
Additional Files [pdf]
An Evening with Narayana Kocherlakota
January 2013 - Conversations with the Fed
Public Policy, Public Input
December 2012 - The Region
Additional Files [pdf]
Conference on Macro-Finance Linkages
November 2012 - President's Speeches
Additional Files [pdf]
Directors Tour the Bakken Oil Patch
September 2012 - The Region
Additional Files [pdf]
Duluth Town Hall
October 2012 - President's Speeches
Additional Files [pdf]
Message from the President
October 2012 - The Region
More Thoughts on a Liftoff Plan
October 2012 - President's Speeches
Additional Files [pdf]
Planning for Liftoff
September 2012 - President's Speeches
Additional Files [pdf]
Planning for Liftoff - Video Summary
September 2012 - President's Speeches
Welcoming Remarks
August 2012 - President's Speeches
Additional Files [pdf]
The Role of Federal Reserve Bank Directors
August 2012 - President's Speeches
Additional Files [pdf]
Q&A with Ninth District Teachers Following Chairman Bernanke’s Teacher Town Hall
August 2012 - President's Speeches
Additional Files [pdf]
Remarks for Helena Branch Director Joe McDonald's Retirement
August 2012 - President's Speeches
Additional Files [pdf]
Incomplete Labor Markets - Presentation Slides
July 2012 - Research Papers
Additional Files [pdf]
Welcome Remarks for Beyond the Border Conference
June 2012 - President's Speeches
Additional Files [pdf]
Sargent and Sims: Only Connecting
June 2012 - The Region
Additional Files [pdf]
Optimal Outlooks - Executive Summary
June 2012 - President's Speeches
Additional Files [pdf]
Monetary Policy Transparency: Changes and Challenges
June 2012 - President's Speeches
Additional Files [pdf]
Optimal Outlooks - Executive Summary
June 2012 - President's Speeches
Additional Files [pdf]
Monetary Policy Transparency: Changes and Challenges
May 2012 - President's Speeches
Additional Files [pdf]
Monetary Policy Transparency: Changes and Challenges
May 2012 - President's Speeches
Additional Files [pdf]
Toward a More Transparent FOMC
May 2012 - President's Speeches
Additional Files [pdf]
What's Different about Economic Development in Indian Country?
May 2012 - President's Speeches
Additional Files [pdf]
Thoughts about the Outlook
April 2012 - President's Speeches
Additional Files [pdf]
Thoughts about the Outlook
April 2012 - President's Speeches
Additional Files [pdf]
Central bank independence and sovereign default
April 2012 - Research Papers
On the Limits to Monetary Policy - Executive Summary
March 2012 - President's Speeches
Additional Files [pdf]
Incomplete Labor Markets
March 2012 - Research Papers
On the Limits to Monetary Policy - Executive Summary
March 2012 - President's Speeches
Additional Files [pdf]
Statement for Local Twin Cities Media Briefing
February 2012 - Messages
Kocherlakota Discusses FOMC Experiences in an Interview for an Employee Newsletter
January 2012 - Messages
The Value of Outreach
December 2011 - The Region
Additional Files [pdf]
Making Monetary Policy: Public Contingency Planning Using a Mandate Dashboard
November 2011 - President's Speeches
Additional Files [pdf]
Making Monetary Policy: Public Contingency Planning Using a Mandate Dashboard - Transcript of Video Summary
November 2011 - President's Speeches
Looking Back at Four Years of Federal Reserve Actions
November 2011 - President's Speeches
Additional Files [pdf]
Looking Back at Four Years of Federal Reserve Actions
November 2011 - President's Speeches
Additional Files [pdf]
Further Thoughts on Making Monetary Policy
October 2011 - President's Speeches
Additional Files [pdf]
The Importance of Teaching Teachers
October 2011 - President's Speeches
Additional Files [pdf]
Making Monetary Policy
October 2011 - President's Speeches
Additional Files [pdf]
Kocherlakota Congratulates Thomas Sargent and Christopher Sims, Winners of the 2011 Prize in Economic Sciences in Memory of Alfred Nobel
October 2011 - Messages
The Importance of Teaching Teachers
September 2011 - The Region
Additional Files [pdf]
Central Bank Independence and Sovereign Default
September 2011 - President's Speeches
Additional Files [pdf]
Communication, Credibility and Implementation: Some Thoughts on Current, Past and Future Monetary Policy
September 2011 - President's Speeches
Additional Files [pdf]
Communication, Credibility and Implementation: Some Thoughts on Current, Past and Future Monetary Policy
August 2011 - President's Speeches
Additional Files [pdf]
Statement by Narayana Kocherlakota on Dissenting Vote at August 9, 2011, Meeting of the Federal Open Market Committee
August 2011 - Messages
Labor Markets and Monetary Policy
May 2011 - The Region
Additional Files [pdf]
Message from the President
May 2011 - The Region
Additional Files [pdf]
Labor Markets and Monetary Policy
January 2010 - Annual Reports
Additional Files [pdf]
Re-thinking Leverage Subsidies
June 2011 - President's Speeches
Additional Files [pdf]
Re-thinking Leverage Subsidies - Transcript of Video Summary
June 2011 - President's Speeches
Economic Development in Indian Country
June 2011 - The Region
Additional Files [pdf]
Some Contingent Planning for Monetary Policy
May 2011 - President's Speeches
Additional Files [pdf]
Some Contingent Planning for Monetary Policy
May 2011 - President's Speeches
Additional Files [pdf]
Some Contingent Planning for Monetary Policy
May 2011 - President's Speeches
Additional Files [pdf]
Economic Development in Indian Country
April 2011 - President's Speeches
Additional Files [pdf]
The Future of Mortgage Lending
April 2011 - President's Speeches
Additional Files [pdf]
Central Bank Independence and Sovereign Default
April 2011 - President's Speeches
Additional Files [pdf]
Bubbles and Unemployment
March 2011 - President's Speeches
Additional Files [pdf]
Labor Markets and Monetary Policy
March 2011 - President's Speeches
Additional Files [pdf]
It’s a Wonderful Fed
February 2011 - President's Speeches
It’s a Wonderful Fed
February 2011 - President's Speeches
Additional Files [pdf]
It’s a Wonderful Fed
January 2011 - President's Speeches
Additional Files [pdf]
On the Road: A Two-Way Street
December 2010 - The Region
Additional Files [pdf]
Monetary Policy Actions and Fiscal Policy Substitutes
November 2010 - President's Speeches
Additional Files [pdf]
Monetary Policy, Labor Markets, and Uncertainty
November 2010 - President's Speeches
Additional Files [pdf]
Monetary Policy Actions and Fiscal Policy Substitutes
November 2010 - President's Speeches
Additional Files [pdf]
Two Models of Land Overvaluation and Their Implications
November 2010 - Research Papers
The Tools of the FOMC
October 2010 - President's Speeches
Additional Files [pdf]
The Tools of the FOMC
October 2010 - President's Speeches
Additional Files [pdf]
Economic Outlook and the Current Tools of Monetary Policy
September 2010 - President's Speeches
Additional Files [pdf]
Back Inside the FOMC
September 2010 - President's Speeches
Additional Files [pdf]
An Introduction to the FOMC
September 2010 - The Region
Additional Files [pdf]
Inside the FOMC
August 2010 - President's Speeches
Additional Files [pdf]
More on Taxing Risk
July 2010 - President's Speeches
Additional Files [pdf]
Entrepreneurs and the Economy
June 2010 - President's Speeches
Additional Files [pdf]
Failure to Communicate?
June 2010 - The Region
Additional Files [pdf]
Taxing Risk and the Optimal Regulation of Financial Institutions
June 2010 - The Region
Additional Files [pdf]
Taxing Risk and the Optimal Regulation of Financial Institutions
May 2010 - Economic Policy Papers
Additional Files [pdf]
Commencement Address
May 2010 - President's Speeches
Additional Files [pdf]
Economic Outlook and Economic Choices
May 2010 - President's Speeches
Additional Files [pdf]
Taxing Risk
May 2010 - President's Speeches
Additional Files [pdf]
Message from the President
May 2010 - The Region
Additional Files [pdf]
Modern Macroeconomic Models as Tools for Economic Policy
May 2010 - The Region
Additional Files [pdf]
Message from the President on the Supervisory Role of the Federal Reserve Banks
May 2010 - Messages
Modern Macroeconomic Models as Tools for Economic Policy
January 2009 - Annual Reports
Additional Files [pdf]
Economic Recovery and Balance Sheet Normalization
April 2010 - President's Speeches
Additional Files [pdf]
Economic Recovery and Balance Sheet Normalization
April 2010 - President's Speeches
Additional Files [pdf]
The Economy and Why the Federal Reserve Needs to Supervise Banks
March 2010 - President's Speeches
Additional Files [pdf]
Remarks on: “Financial Conditions Indexes:
A Fresh Look at the Crisis”
February 2010 - President's Speeches
Additional Files [pdf]
The Economy and Why the Federal Reserve Needs to Supervise Banks
February 2010 - President's Speeches
Additional Files [pdf]
Work to be Done
December 2009 - The Region
Additional Files [pdf]
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
