Roc Armenter

Federal Reserve Banks - Federal Reserve Bank of Philadelphia

Economist

Ten Independence Mall

Philadelphia, PA 19106-1574

United States

SCHOLARLY PAPERS

19

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CITATIONS
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30

Scholarly Papers (19)

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 174 (161,538)
Citation 10

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

2.

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 128 (208,441)
Citation 1

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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 123 (214,831)
Citation 1

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Corporate savings, debt, equity, dividend taxation

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 52 (364,865)
Citation 2

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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 31 (446,264)
Citation 2

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time inconsistency, independent monetary policy, exchange rate regimes

5.

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 79 (288,982)

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Excess Reserves, Federal Funds Market, Federal Funds Rate

6.

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: 09 Oct 2009
Roc Armenter and Miklós Koren
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Princeton University - International Economics Section
Downloads 78 (291,104)
Citation 6

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7.

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 65 (322,146)
Citation 1

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cross-country income, productivity, vintage capital

8.

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 52 (359,067)
Citation 1

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expectation traps, monetary policy discretion, inflation

9.
Downloads 39 (403,015)

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 29 (456,209)

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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 10 (569,840)

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inflation targeting, zero lower bound, Markov equilibria

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 25 (478,107)

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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
Roc Armenter and Benjamin Lester
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 9 (575,827)

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

11.

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 31 (435,350)

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excess reserves, federal funds market, federal funds rate

12.

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 26 (459,236)

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Migration, taxation, education, credibility

13.

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 23 (474,977)

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14.

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 20 (491,493)

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Monetary policy, inflation targeting, rules versus discretion

15.
Downloads 19 (496,983)
Citation 2

Intertemporal Distortions in the Second Best

NBER Working Paper No. w13629
Number of pages: 45 Posted: 29 Nov 2007 Last Revised: 29 Sep 2010
Stefania Albanesi and Roc Armenter
Columbia University, Graduate School of Arts and Sciences, Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 14 (544,966)
Citation 2

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Intertemporal Distortions in the Second Best

CEPR Discussion Paper No. DP6577
Number of pages: 38 Posted: 06 Jun 2008
Roc Armenter and Stefania Albanesi
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Columbia University, Graduate School of Arts and Sciences, Department of Economics
Downloads 5 (600,151)
Citation 2
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Intertemporal Distortions, Optimal Dynamic Taxation

16.

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 14 (524,459)

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Policy, Market-based probabilities, Policymaker

17.

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 9 (552,152)

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Bank reserves, monetary policy implementation.

18.

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 (557,679)
Citation 6
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extensive margin, international trade, sparse trade

19.

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 4 (579,661)

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Monetary Policy, New Keynesian Economy