Research Economists

All Publications and Papers for

Narayana Kocherlakota

President



Clarifying the Objectives of Monetary Policy new

November 2014 - President's Speeches
PDF of Speech (PDF)

State of the West Symposium

November 2014 - President's Speeches
PDF of Speech (PDF)

Clarifying the Objectives of Monetary Policy

November 2014 - President's Speeches
PDF of Speech (PDF)

2014 Bank of Canada Annual Conference

November 2014 - President's Speeches

Clarifying the Objectives of Monetary Policy

November 2014 - President's Speeches
PDF of Speech (PDF)

Statement on Dissenting Vote at October 29, 2014, Meeting of the Federal Open Market Committee

October 2014 - Messages
PDF of Statement (PDF)

Clarifying the Objectives of Monetary Policy

October 2014 - President's Speeches
PDF of Speech (PDF)

An Evening with Narayana Kocherlakota

January 2015 - Conversations with the Fed

Clarifying the Objectives of Monetary Policy

October 2014 - President's Speeches
PDF of Speech (PDF)

On the Objectives of Monetary Policy

September 2014 - President's Speeches
PDF of Speech (PDF)

The Current and Future State of Community Banking

September 2014 - The Region
Download Data File (PDF)

Opening Remarks

September 2014 - President's Speeches
PDF of Speech (PDF)

The Current and Future State of Community Banking

August 2014 - President's Speeches
PDF of Speech (PDF)

An Evening with Narayana Kocherlakota - held in Helena

August 2014 - Conversations with the Fed

Monetary Policy Report to the Minnesota Business Partnership

July 2014 - President's Speeches
PDF of speech (PDF)

Conversation With Students at Eastview High School

July 2014 - President's Speeches

Reflections on Diversity

June 2014 - The Region
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Low Real Interest Rates

June 2014 - President's Speeches
PDF of speech (PDF)

Monetary Policy Report to the Economic Club of Minnesota

May 2014 - President's Speeches
PDF of speech (PDF)

Reflections on Diversity

May 2014 - President's Speeches
PDF of speech (PDF)

Message from the President

April 2014 - The Region
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Opening Remarks

April 2014 - President's Speeches
PDF of speech (PDF)

Discussion of Robert Hall's Paper

April 2014 - President's Speeches
PDF of speech (PDF)

Monetary Policy Report to the People of Rochester, Minnesota

April 2014 - President's Speeches
PDF of speech (PDF)

Interview with The Wall Street Journal on March 21st (Audio)

March 2014 - Messages

2014 International Research Forum on Monetary Policy

March 2014 - President's Speeches

Statement on Dissenting Vote at March 19, 2014, Meeting of the Federal Open Market Committee

March 2014 - Messages
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Discussion of 2014 USMPF Monetary Policy Report

February 2014 - President's Speeches

Opening Remarks

January 2014 - President's Speeches
PDF of speech (PDF)

Economics at the Federal Reserve Banks

January 2014 - President's Speeches
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Fed Marks 100 Years

December 2013 - The Region
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Lessons from Lars

December 2013 - President's Speeches
PDF of speech (PDF)

Interview with Market News International on Nov. 19th (Audio)

November 2013 - Messages

Too-Big-to-Fail: The Role of Metrics

November 2013 - President's Speeches
PDF of speech (PDF)

A Time of Testing

November 2013 - President's Speeches
PDF of speech (PDF)

An Evening with Narayana Kocherlakota

November 2013 - Conversations with the Fed

Better Health Through Better Collaboration

November 2013 - President's Speeches
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A Time of Testing

October 2013 - President's Speeches
PDF of speech (PDF)

Statement on Lars Hansen, Co-Recipient of the 2013 Prize in Economic Sciences in Memory of Alfred Nobel

October 2013 - Messages

A Time of Testing

October 2013 - President's Speeches
PDF of speech (PDF)

La Crosse Town Hall

October 2013 - The Region
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A Time of Testing

September 2013 - President's Speeches
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A Time of Testing - Executive Summary

September 2013 - President's Speeches
PDF of speech (PDF)

Optimal Outlooks

September 2013 - President's Speeches

Opening Remarks

September 2013 - President's Speeches
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Statement: Recent FOMC Communications as a Part of Appropriate Monetary Policy

June 2013 - Messages
PDF of Statement (PDF)

Achieving the Dual Mandate, Together

June 2013 - The Region
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Evaluating the Appropriateness of U.S. Monetary Policy

June 2013 - President's Speeches

Connecting Asset and Labor Markets in a Heterogeneous Agent Model

June 2013 - President's Speeches

61st Annual Management Conference of the University of Chicago Booth School of Business

May 2013 - President's Speeches
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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
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Low Real Interest Rates

April 2013 - President's Speeches
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Improving the Outlook with Better Monetary Policy

April 2013 - President's Speeches
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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
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Improving the Outlook with Better Monetary Policy

March 2013 - President's Speeches
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Better Policy through Better Communication: Two Conversations with Narayana Kocherlakota

March 2013 - The Region

Message from the President

March 2013 - The Region
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Past, Present and Future: The Macroeconomy and Federal Reserve Actions

January 2013 - President's Speeches
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Past, Present and Future: The Macroeconomy and Federal Reserve Actions

January 2013 - President's Speeches
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Past, Present and Future: The Macroeconomy and Federal Reserve Actions

January 2013 - President's Speeches
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Conversations with the Fed

January 2013 - President's Speeches
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An Evening with Narayana Kocherlakota

January 2013 - Conversations with the Fed

Public Policy, Public Input

December 2012 - The Region
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Conference on Macro-Finance Linkages

November 2012 - President's Speeches
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Directors Tour the Bakken Oil Patch

September 2012 - The Region
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Duluth Town Hall

October 2012 - President's Speeches
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Message from the President

October 2012 - The Region

More Thoughts on a Liftoff Plan

October 2012 - President's Speeches
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Planning for Liftoff

September 2012 - President's Speeches
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Planning for Liftoff - Video Summary

September 2012 - President's Speeches

Welcoming Remarks

August 2012 - President's Speeches
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The Role of Federal Reserve Bank Directors

August 2012 - President's Speeches
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Q&A with Ninth District Teachers Following Chairman Bernanke’s Teacher Town Hall

August 2012 - President's Speeches
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Remarks for Helena Branch Director Joe McDonald's Retirement

August 2012 - President's Speeches
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Incomplete Labor Markets - Presentation Slides

July 2012 - Research Papers
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Welcome Remarks for Beyond the Border Conference

June 2012 - President's Speeches
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Sargent and Sims: Only Connecting

June 2012 - The Region
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Optimal Outlooks - Executive Summary

June 2012 - President's Speeches
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Monetary Policy Transparency: Changes and Challenges

June 2012 - President's Speeches
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Optimal Outlooks - Executive Summary

June 2012 - President's Speeches
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Monetary Policy Transparency: Changes and Challenges

May 2012 - President's Speeches
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Monetary Policy Transparency: Changes and Challenges

May 2012 - President's Speeches
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Toward a More Transparent FOMC

May 2012 - President's Speeches
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What's Different about Economic Development in Indian Country?

May 2012 - President's Speeches
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Thoughts about the Outlook

April 2012 - President's Speeches
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Thoughts about the Outlook

April 2012 - President's Speeches
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Central bank independence and sovereign default

April 2012 - Research Papers

On the Limits to Monetary Policy - Executive Summary

March 2012 - President's Speeches
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Incomplete Labor Markets

March 2012 - Research Papers

On the Limits to Monetary Policy - Executive Summary

March 2012 - President's Speeches
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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
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Making Monetary Policy: Public Contingency Planning Using a Mandate Dashboard

November 2011 - President's Speeches
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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
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Looking Back at Four Years of Federal Reserve Actions

November 2011 - President's Speeches
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Further Thoughts on Making Monetary Policy

October 2011 - President's Speeches
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The Importance of Teaching Teachers

October 2011 - President's Speeches
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Making Monetary Policy

October 2011 - President's Speeches
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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
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Central Bank Independence and Sovereign Default

September 2011 - President's Speeches
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Communication, Credibility and Implementation: Some Thoughts on Current, Past and Future Monetary Policy

September 2011 - President's Speeches
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Communication, Credibility and Implementation: Some Thoughts on Current, Past and Future Monetary Policy

August 2011 - President's Speeches
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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
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Message from the President

May 2011 - The Region
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Labor Markets and Monetary Policy

January 2010 - Annual Reports
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Re-thinking Leverage Subsidies

June 2011 - President's Speeches
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Re-thinking Leverage Subsidies - Transcript of Video Summary

June 2011 - President's Speeches

Economic Development in Indian Country

June 2011 - The Region
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Some Contingent Planning for Monetary Policy

May 2011 - President's Speeches
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Some Contingent Planning for Monetary Policy

May 2011 - President's Speeches
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Some Contingent Planning for Monetary Policy

May 2011 - President's Speeches
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Economic Development in Indian Country

April 2011 - President's Speeches
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The Future of Mortgage Lending

April 2011 - President's Speeches
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Central Bank Independence and Sovereign Default

April 2011 - President's Speeches
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Bubbles and Unemployment

March 2011 - President's Speeches
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Labor Markets and Monetary Policy

March 2011 - President's Speeches
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It’s a Wonderful Fed

February 2011 - President's Speeches

It’s a Wonderful Fed

February 2011 - President's Speeches
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It’s a Wonderful Fed

January 2011 - President's Speeches
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On the Road: A Two-Way Street

December 2010 - The Region
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Monetary Policy Actions and Fiscal Policy Substitutes

November 2010 - President's Speeches
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Monetary Policy, Labor Markets, and Uncertainty

November 2010 - President's Speeches
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Monetary Policy Actions and Fiscal Policy Substitutes

November 2010 - President's Speeches
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Two Models of Land Overvaluation and Their Implications

November 2010 - Research Papers

The Tools of the FOMC

October 2010 - President's Speeches
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The Tools of the FOMC

October 2010 - President's Speeches
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Economic Outlook and the Current Tools of Monetary Policy

September 2010 - President's Speeches
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Back Inside the FOMC

September 2010 - President's Speeches
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An Introduction to the FOMC

September 2010 - The Region
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Inside the FOMC

August 2010 - President's Speeches
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More on Taxing Risk

July 2010 - President's Speeches
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Entrepreneurs and the Economy

June 2010 - President's Speeches
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Failure to Communicate?

June 2010 - The Region
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Taxing Risk and the Optimal Regulation of Financial Institutions

June 2010 - The Region
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Taxing Risk and the Optimal Regulation of Financial Institutions

May 2010 - Economic Policy Papers
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Commencement Address

May 2010 - President's Speeches
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Economic Outlook and Economic Choices

May 2010 - President's Speeches
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Taxing Risk

May 2010 - President's Speeches
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Message from the President

May 2010 - The Region
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Modern Macroeconomic Models as Tools for Economic Policy

May 2010 - The Region
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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
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Economic Recovery and Balance Sheet Normalization

April 2010 - President's Speeches
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Economic Recovery and Balance Sheet Normalization

April 2010 - President's Speeches
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The Economy and Why the Federal Reserve Needs to Supervise Banks

March 2010 - President's Speeches
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Remarks on: “Financial Conditions Indexes:
A Fresh Look at the Crisis”

February 2010 - President's Speeches
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The Economy and Why the Federal Reserve Needs to Supervise Banks

February 2010 - President's Speeches
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Work to be Done

December 2009 - The Region
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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

Building Blocks for Barriers to Riches

March 2001 - Staff Report 288

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

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

Measuring the Cyclical Behavior of Home Production: A Macroeconomic Analysis

August 1995 - Discussion Paper

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)

 
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