- Staff Report 668 (Revised October 2026)Erik Hurst, Patrick J. Kehoe, Elena Pastorino, and Thomas Winberry
- Staff Report 666 (March 2025)Yan Bai, Patrick J. Kehoe, Pierlauro Lopez, and Fabrizio Perri
- Staff Report 640 (July 2022)Erik Hurst, Patrick J. Kehoe, Elena Pastorino, and Thomas Winberry
- Staff Report 617 (December 2020)Patrick J. Kehoe, Pierlauro Lopez, Virgiliu Midrigan, and Elena Pastorino
- Staff Report 591 (January 2020)Patrick J. Kehoe, Pierlauro Lopez, Virgiliu Midrigan, and Elena Pastorino
- Staff Report 575 (December 2018)Joao Ayres, Marcio Garcia, Diogo Guillen, and Patrick J. Kehoe
- Staff Report 466 (November 2018)Cristina Arellano, Yan Bai, and Patrick J. Kehoe
Published in: Journal of Political Economy (Vol. 127, No. 5, October 2019, pp. 2049-2103), https://doi.org/10.1086/701792.
[Staff Report 538: Appendix for Financial Frictions and Fluctuations in Volatility](http://researchdatabase.minneapolisfed.org/concern/publications/3x816m70c?locale=en) - Staff Report 538 (November 2018)Cristina Arellano, Yan Bai, and Patrick J. Kehoe
[Staff Report 466: Financial Frictions and Fluctuations in Volatility](http://researchdatabase.minneapolisfed.org/concern/publications/05741r77z?locale=en)
- Staff Report 566 (June 2018)Patrick J. Kehoe, Virgiliu Midrigan, and Elena Pastorino
Published in: Journal of Economic Perspectives (Vol. 32, No. 3, Summer 2018, pp. 141-166) https://doi.org/10.1257/jep.32.3.141
- Staff Report 543 (February 2017)Patrick J. Kehoe and Elena Pastorino
Published in: Economic Theory (64(4), December 2017, pp. 741-776) https://doi.org/10.1007/s00199-016-1016-x.