Roc Armenter

Federal Reserve Banks - Federal Reserve Bank of Philadelphia

Economist

Ten Independence Mall

Philadelphia, PA 19106-1574

United States

SCHOLARLY PAPERS

21

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1,792

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in Total Papers Citations

137

CROSSREF CITATIONS

60

Scholarly Papers (21)

1.

Equilibrium Selection Through Incomplete Information in Coordination Games: An Experimental Study

Universitat Pompeu Fabra Working Paper No. 601
Number of pages: 28 Posted: 07 Mar 2002
Antonio Cabrales, Rosemarie Nagel and Roc Armenter
Universitat Pompeu Fabra - Faculty of Economic and Business Sciences, Universitat Pompeu Fabra - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 225 (252,219)
Citation 28

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Global games, risk dominance, equilibrium selection, incomplete information, common knowledge

2.

Economies of Scale and the Size of Exporters

FRB of Philadelphia Working Paper No. 09-15
Number of pages: 42 Posted: 13 Aug 2009 Last Revised: 21 Nov 2019
Roc Armenter and Miklós Koren
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Princeton University - International Economics Section
Downloads 202 (278,754)
Citation 14

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3.

The Macroeconomics of Firms' Savings

FRB of Philadelphia Working Paper No. 12-1
Number of pages: 50 Posted: 22 Dec 2011 Last Revised: 07 Aug 2012
Roc Armenter and Viktoria V. Hnatkovska
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and University of British Columbia (UBC) - Department of Economics
Downloads 187 (298,784)
Citation 6

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Corporate savings, debt, equity, dividend taxation

4.

Excess Reserves and Monetary Policy Normalization

FRB of Philadelphia Working Paper No. 15-35
Number of pages: 40 Posted: 06 Oct 2015
Roc Armenter and Benjamin R. Lester
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 168 (328,281)
Citation 2

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Excess Reserves, Federal Funds Market, Federal Funds Rate

5.

Fraud Deterrence in Dynamic Mirrleesian Economies

FRB of Philadelphia Working Paper No. 10-7
Number of pages: 46 Posted: 12 Mar 2010 Last Revised: 17 Feb 2011
Roc Armenter and Thomas M. Mertens
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of San Francisco
Downloads 153 (355,469)
Citation 2

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A Model of the Federal Funds Market: Yesterday, Today, and Tomorrow

FRB of New York Staff Report No. 840
Number of pages: 44 Posted: 28 Feb 2018
Gara Afonso, Roc Armenter and Benjamin R. Lester
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 77 (583,575)
Citation 7

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monetary policy implementation, federal funds market, over-the-counter markets

A Model of the Federal Funds Market: Yesterday, Today, and Tomorrow

FRB of Philadelphia Working Paper No. 18-10
Number of pages: 44 Posted: 23 Feb 2018 Last Revised: 29 Apr 2020
Roc Armenter and Benjamin R. Lester
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 43 (780,267)

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Monetary Policy Implementation, Federal Funds Market, Over-the-Counter Markets

Does the Time Inconsistency Problem Make Flexible Exchange Rates Look Worse than You Think?

FRB of New York Staff Report No. 230
Number of pages: 33 Posted: 26 Nov 2005
Roc Armenter and Martin Bodenstein
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Board of Governors of the Federal Reserve System
Downloads 65 (642,120)
Citation 5

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time inconsistency, independent monetary policy, exchange rate regimes

Does the Time Inconsistency Problem Make Flexible Exchange Rates Look Worse than You Think?

FRB International Finance Discussion Paper No. 865
Number of pages: 39 Posted: 03 Nov 2006
Roc Armenter and Martin Bodenstein
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Board of Governors of the Federal Reserve System
Downloads 45 (765,509)
Citation 1

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time inconsistency, independent monetary policy, exchange rate regimes

8.

Endogenous Productivity and Development Accounting

FRB of New York Staff Report No. 258
Number of pages: 47 Posted: 27 Sep 2006
Roc Armenter and Amartya Lahiri
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and University of British Columbia (UBC) - Department of Economics
Downloads 93 (513,885)
Citation 1

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cross-country income, productivity, vintage capital

9.

Excess Reserves and Monetary Policy Implementation

FRB of Philadelphia Working Paper No. 16-33
Number of pages: 41 Posted: 30 Nov 2016
Roc Armenter and Benjamin R. Lester
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 85 (543,337)
Citation 8

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excess reserves, federal funds market, federal funds rates

10.
Downloads 73 (593,655)
Citation 23

The Perils of Nominal Targets

FRB of Philadelphia Working Paper No. 14-2
Number of pages: 34 Posted: 17 Dec 2013
Roc Armenter
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 48 (744,636)
Citation 23

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Markov equilibrium, Inflation, Monetary policy, Nominal targets

The Perils of Nominal Targets

FRB of Philadelphia Working Paper No. 16-30
Number of pages: 53 Posted: 11 Nov 2016
Roc Armenter
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 25 (934,998)

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inflation targeting, zero lower bound, Markov equilibria

11.

Can U.S. Monetary Policy Fall (Again) into an Expectation Trap?

FRB of New York Staff Report No. 229, FRB International Finance Discussion Paper No. 860
Number of pages: 46 Posted: 26 Nov 2005
Roc Armenter and Martin Bodenstein
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Board of Governors of the Federal Reserve System
Downloads 66 (626,561)
Citation 3

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expectation traps, monetary policy discretion, inflation

Rational Inattention Via Ignorance Equivalence

FRB of Philadelphia Working Paper No. 21-29
Number of pages: 53 Posted: 10 Sep 2021
University of Notre Dame, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and University of Notre Dame
Downloads 32 (869,359)

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Rational inattention, information acquisition, learning.

Rational Inattention Via Ignorance Equivalence

FRB of Philadelphia Working Paper No. 20-24
Number of pages: 51 Posted: 14 May 2021
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of Notre Dame and University of Notre Dame
Downloads 17 (1,019,964)

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Rational inattention, information acquisition, learning.

13.

Credible Redistributive Policies and Migration across US States

Number of pages: 55 Posted: 25 Jul 2007
Roc Armenter and Francesc Ortega
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and City University of New York, CUNY Queens College - Department of Economics
Downloads 41 (775,554)
Citation 2

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Migration, taxation, education, credibility

14.

Sustainable Monetary Policy and Inflation Expectations

FRB of Philadelphia Working Paper No. 10-20
Number of pages: 31 Posted: 10 Jun 2010
Roc Armenter
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 40 (782,861)

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15.

Of Nutters and Doves

FRB International Finance Discussion Paper No. 885
Number of pages: 32 Posted: 26 Feb 2007
Roc Armenter and Martin Bodenstein
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Board of Governors of the Federal Reserve System
Downloads 39 (790,089)

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Monetary policy, inflation targeting, rules versus discretion

16.
Downloads 33 (836,989)
Citation 8

Intertemporal Distortions in the Second Best

NBER Working Paper No. w13629
Number of pages: 45 Posted: 29 Nov 2007 Last Revised: 29 Sep 2022
Columbia University, Graduate School of Arts and Sciences, Department of EconomicsNew York University (NYU) - Leonard N. Stern School of Business and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 28 (905,927)

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Intertemporal Distortions in the Second Best

CEPR Discussion Paper No. DP6577
Number of pages: 38 Posted: 06 Jun 2008
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Columbia University, Graduate School of Arts and Sciences, Department of EconomicsNew York University (NYU) - Leonard N. Stern School of Business
Downloads 5 (1,145,420)
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Intertemporal Distortions, Optimal Dynamic Taxation

17.

On the Use of Market-Based Probabilities for Policy Decisions

FRB of Philadelphia Working Paper No. 15-44
Number of pages: 11 Posted: 15 Dec 2015
Roc Armenter
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 29 (870,760)

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Policy, Market-based probabilities, policymakers

18.

Geometric Methods for Finite Rational Inattention

FRB of Philadelphia Working Paper No. 21-30
Number of pages: 40 Posted: 16 Sep 2021
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of Notre Dame and University of Notre Dame
Downloads 27 (888,753)

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rational inattention, Shannon entropy, information acquisition, learning, consideration sets

19.

A Tractable Model of the Demand for Reserves Under Nonlinear Remuneration Schemes

FRB of Philadelphia Working Paper No. 16-35
Number of pages: 27 Posted: 16 Dec 2016
Roc Armenter
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 24 (916,603)

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Bank reserves, monetary policy implementation.

20.

On the Timing of Monetary Policy Reform

FRB of Philadelphia Working Paper No. 13-4
Number of pages: 37 Posted: 08 Feb 2013
Roc Armenter
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 20 (956,038)

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Monetary Policy, New Keynesian Economy

21.

A Balls-and-Bins Model of Trade

CEPR Discussion Paper No. DP7783
Number of pages: 45 Posted: 19 May 2010
Roc Armenter and Miklós Koren
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Princeton University - International Economics Section
Downloads 8 (1,076,606)
Citation 20
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extensive margin, international trade, sparse trade