Working Papers (Federal Reserve Bank of Richmond)
These papers are written by Richmond Fed economists, in some cases in collaboration with outside economists. They represent work prepared for later publication or presentation to professional meetings.
- 1970s
- 1980s
- 1990s
- 2000s
- Investigating Fluctuations in U.S. Manufacturing : What are the Direct Effects of Informational Frictions?, Working Paper 00-01
- Optimal Taxation in Life-Cycle Economies, Working Paper 00-02
- Overcoming the Zero Bound on Interest Rate Policy, Working Paper 00-03
- Our Money or Your Life : Indemnities vs. Deductibles in Health Insurance, Working Paper 00-04
- Getting Better, Feeling Worse : Cure Rates, Health Insurance, and Welfare, Working Paper 00-05
- Medicine Worse Than the Malady : Cure Rates, Population Shifts, and Health Insurance, Working Paper 00-06
- Monetary Policy Frameworks and Indicators for the Federal Reserve in the 1920s, Working Paper 00-07
- Firms as Clubs in Walrasian Markets with Private Information, Working Paper 00-08
- Behavior of the Real Rate of Interest Over the Business Cycle, Working Paper 00-09
- Optimal Monetary Policy, Working Paper 00-10
- Incentives, Communication, and Payment Instruments, Working Paper 00-11
- Banking and the Political Support for Dollarization, Working Paper 00-12
- Financial Stability, Deflation, and Monetary Policy, Working Paper 01-01
- The Case for Price Stability, Working Paper 01-02
- Optimal Policy with Probabilistic Equilibrium Selection, Working Paper 01-03
- Macroeconomic Fluctuations and Bargaining, Working Paper 01-04
- The Role of Real Wages, Productivity, and Fiscal Policy in Germany's Great Depression, 1928-37, Working Paper 01-07
- The Pitfalls of Monetary Discretion, Working Paper 01-08
- Growth Effects of Progressive Taxes, Working Paper 01-09
- The Macroeconomics of U.S. Consumer Bankruptcy Choice : Chapter 7 or Chapter 13?, Working Paper 02-01
- The Taylor Principle, Interest Rate Smoothing and Fed Policy in the 1970s and 1980s, Working Paper 02-03
- Should Optimal Discretionary Monetary Policy Look at Money?, Working Paper 02-04
- Economic Growth, Liquidity, and Bank Runs, Working Paper 03-01
- Risky Higher Education and Subsidies, Working Paper 03-02
- Fresh Start or Head Start? : Uniform Bankruptcy Exemptions and Welfare, Working Paper 03-03R
- Aggregate Demand Management with Multiple Equilibria, Working Paper 03-04
- From Individual to Aggregate Labor Supply : A Quantitative Analysis Based on a Heterogeneous Agent Macroeconomy, Working Paper 03-05
- On the Employment Effect of Technology : Evidence from U.S. Manufacturing for 1958-1996, Working Paper 03-06
- Labor Shifts and Economic Fluctuations, Working Paper 03-07
- James Pennington, (1777-1862) : Classical Banking, Monetary, and Trade Theorist and Economic Policy Advisor, Working Paper 03-08
- Mechanism Design and Assignment Models, Working Paper 03-09
- Optimal Public Investment with and Without Government Commitment, Working Paper 03-10
- Fiscal Policy and Regional Inflation in a Currency Union, Working Paper 03-11
- Shortages of Small Change in Early Argentina, Working Paper 03-12
- Classical Deflation Theory, Working Paper 03-13
- Unsecured Debt with Public Insurance : From Bad to Worse, Working Paper 03-14R
- Real Implications of the Zero Bound on Nominal Interest Rates, Working Paper 03-15
- Payment System Disruptions and the Federal Reserve Following September 11, 2001, Working Paper 03-16
- Heterogeneity and Aggregation in the Labor Market : Implications for Aggregate Preference Shifts, Working Paper 03-17
- Price Stability and Japanese Monetary Policy, Working Paper 04-01
- State-Contingent Bank Regulation with Unobserved Actions and Unobserved Characteristics, Working Paper 04-02
- Bank Runs and Investment Decisions Revisited, Working Paper 04-03
- An Inquiry into the Existence and Uniqueness of Equilibrium with State-Dependent Pricing, Working Paper 04-04
- Monetary Discretion, Pricing Complementarity, and Dynamic Multiple Equilibria, Working Paper 04-05
- The Output Gap, Expected Future Inflation and Inflation Dynamics : Another Look, Working Paper 04-06
- Whither North Carolina Furniture Manufacturing?, Working Paper 04-07
- The Effects of Technical Change on Labor Market Inequalities, Working Paper 04-08
- Alfred Marshall and the Quantity Theory of Money, Working Paper 04-10
- The Replacement Problem in Frictional Economies : A Near Equivalence Result, Working Paper 05-01
- Do Technological Improvements in the Manufacturing Sector Raise or Lower Employment?, Working Paper 05-02
- Firm Fragmentation and Urban Patterns, Working Paper 05-03
- A Theory of Political Cycles, Working Paper 05-04R
- Should the FDIC Worry About the FHLB? the Impact of Federal Home Loan Bank Advances on the Bank Insurance Fund, Working Paper 05-05
- The Value of Information with Heterogeneous Agents and Partially Revealing Prices, Working Paper 05-06
- Asymmetric Information and the Lack of International Portfolio Diversification, Working Paper 05-07
- A General Equilibrium Analysis of Parental Leave Policies, Working Paper 05-08
- A Quantitative Theory of the Gender Gap in Wages, Working Paper 05-09
- Firms as Clubs in Walrasian Markets with Private Information : Technical Appendix, Working Paper 05-11
- A Quantitative Study of the Role of Wealth Inequality on Asset Prices, Working Paper 05-12
- Optimal Wealth Taxes with Risky Human Capital, Working Paper 05-13
- Reputation, Career Concerns, and Job Assignments, Working Paper 06-01R
- On the Aggregate and Distributional Implications of Productivity Differences Across Countries, Working Paper 06-02
- Nontraded Goods, Market Segmentation, and Exchange Rates, Working Paper 06-03
- Home Production, Working Paper 06-04
- The Lucas Critique and the Stability of Empirical Models, Working Paper 06-05
- Understanding How Employment Responds to Productivity Shocks in a Model with Inventories, Working Paper 06-06
- Frictional Wage Dispersion in Search Models : A Quantitative Assessment, Working Paper 06-07
- Technical Appendix for "Frictional Wage Dispersion in Search Models: a Quantitative Assessment", Working Paper 06-08
- The Political Economy of Labor Subsidies, Working Paper 06-09
- Technology-Policy Interaction in Frictional Labor Markets, Working Paper 06-10
- Market-Based Regulation and the Informational Content of Prices, Working Paper 06-12
- Risky Human Capital and Deferred Capital Income Taxation, Working Paper 06-13
- Heterogeneous Borrowers in Quantitative Models of Sovereign Default, Working Paper 07-01R
- Bank Runs and Institutions : The Perils of Intervention, Working Paper 07-02
- A Literature Review on the Effectiveness of Financial Education, Working Paper 07-03
- Notes on the Inflation Dynamics of the New Keynesian Phillips Curve, Working Paper 07-04
- The Anatomy of U.S. Personal Bankruptcy Under Chapter 13, Working Paper 07-05
- Avoiding the Inflation Tax, Working Paper 07-06
- Moral Hazard and Persistence, Working Paper 07-07
- Inflation Dynamics with Search Frictions : A Structural Econometric Analysis, Working Paper 08-01
- Long-Duration Bonds and Sovereign Defaults, Working Paper 08-02R
- Housing Externalities : Evidence From Spatially Concentrated Urban Revitalization Programs, Working Paper 08-03
- Repeated Moral Hazard with Effort Persistence, Working Paper 08-04
- Optimal Personal Bankruptcy Design : A Mirrlees Approach, Working Paper 08-05
- A Quantitative Theory of Information and Unsecured Credit, Working Paper 08-06R
- Sectoral vs. Aggregate Shocks : A Structural Factor Analysis of Industrial Production, Working Paper 08-07
- Sectoral vs. Aggregate Shocks: A Structural Factor Analysis of Industrial Production : Supplementary Material
- Financing Development : The Role of Information Costs, Working Paper 08-08R
- Fiscal Policy and Default Risk in Emerging Markets, Working Paper 09-01
- The Optimal Rate of Inflation with Trending Relative Prices, Working Paper 09-02
- Notes on Collateral Constraints in a Simple Model of Housing, Working Paper 09-03
- The Role of Information in the Rise in Consumer Bankruptcies, Working Paper 09-04
- Credit and Self-Employment, Working Paper 09-05
- On the Implementation of Markov-Perfect Interest Rate and Money Supply Rules : Global and Local Uniqueness, Working Paper 09-06R
- The Consolidation of Financial Market Regulation : Pros, Cons, and Implications for the United States, Working Paper 09-08
- Unemployment Insurance with a Hidden Labor Market, Working Paper 09-09
- Recourse and Residential Mortgage Default : Theory and Evidence From U.S. States, Working Paper 09-10R
- Are Harsh Penalties for Default Really Better?, Working Paper 09-11
- The Cyclicality of the User Cost of Labor with Search and Matching, Working Paper 09-12R
- 2010s
- 2020s
In order to aid in the retrieval of information from this publication, significant tables, charts, and/or articles have been extracted and can be viewed individually or across a span of issues.
Current working papers available from https://www.richmondfed.org/publications/research/working_papers
1973-2024
Federal Reserve Bank of Richmond
Federal Reserve Bank of Richmond
Federal Reserve Bank of Richmond. Working Papers (Federal Reserve Bank of Richmond). Richmond, VA: Federal Reserve Bank of Richmond, 1973-2024, https://fraser.stlouisfed.org/title/3942, accessed on July 2, 2024.