Research 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