Nicholas Trachter

Federal Reserve Banks - Federal Reserve Bank of Richmond

P.O. Box 27622

Richmond, VA 23261

United States

SCHOLARLY PAPERS

23

DOWNLOADS

762

SSRN CITATIONS
Rank 5,247

SSRN RANKINGS

Top 5,247

in Total Papers Citations

168

CROSSREF CITATIONS

90

Scholarly Papers (23)

On the Distribution of College Dropouts: Wealth and Uninsurable Idiosyncratic Risk

Number of pages: 33 Posted: 04 Apr 2011 Last Revised: 06 Aug 2015
Ali K. Ozdagli and Nicholas Trachter
Federal Reserve Banks - Federal Reserve Bank of Dallas and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 95 (347,466)
Citation 3

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dropout, wealth effect, idiosyncratic risk

On the Distribution of College Dropouts: Wealth and Uninsurable Idiosyncratic Risk

Number of pages: 34 Posted: 30 Nov 2015
Ali K. Ozdagli and Nicholas Trachter
Federal Reserve Banks - Federal Reserve Bank of Dallas and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 21 (663,357)

Abstract:

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2.

Relative Price Dispersion: Evidence and Theory

PIER Working Paper No. 16-001
Number of pages: 73 Posted: 26 Jan 2016
Greg Kaplan, Guido Menzio, Leena Rudanko and Nicholas Trachter
University of Pennsylvania, University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 66 (426,001)

Abstract:

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Price Dispersion, Equilibrium Product, Market Search

3.

An Information-Based Theory of Financial Intermediation

Number of pages: 73 Posted: 22 Oct 2019
Zachary Bethune, Bruno Sultanum and Nicholas Trachter
University of Virginia, Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 65 (429,316)

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Over-the-counter markets, intermediation, private information

4.
Downloads 54 (469,249)
Citation 15

Price Dynamics with Customer Markets

Number of pages: 53 Posted: 04 Oct 2014
Luigi Paciello, Andrea Pozzi and Nicholas Trachter
Einaudi Institute for Economics and Finance (EIEF), Einaudi Institute for Economics and Finance (EIEF) and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 53 (480,947)
Citation 8

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customer markets, price setting, product market frictions

Price Dynamics with Customer Markets

International Economic Review, Vol. 60, Issue 1, pp. 413-446, 2019
Number of pages: 34 Posted: 20 Feb 2019
Luigi Paciello, Andrea Pozzi and Nicholas Trachter
Einaudi Institute for Economics and Finance (EIEF), Einaudi Institute for Economics and Finance (EIEF) and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 1 (838,183)
Citation 9
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Price Dynamics with Customer Markets

Number of pages: 55 Posted: 17 Nov 2014
Luigi Paciello, Andrea Pozzi and Nicholas Trachter
Einaudi Institute for Economics and Finance (EIEF), Einaudi Institute for Economics and Finance (EIEF) and Federal Reserve Banks - Federal Reserve Bank of Richmond
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customer markets, price setting, product market frictions

Price Dynamics with Customer Markets

Number of pages: 53 Posted: 09 Jan 2017
Luigi Paciello and Nicholas Trachter
Einaudi Institute for Economics and Finance (EIEF) and Federal Reserve Banks - Federal Reserve Bank of Richmond
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Equilibrium Price Dispersion Across and within Stores

PIER Working Paper No. 15-003
Number of pages: 20 Posted: 13 Jan 2015
Guido Menzio and Nicholas Trachter
University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 25 (632,977)
Citation 1

Abstract:

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Search, Price dispersion, Price discrimination, Bargain hunting

Equilibrium Price Dispersion Across and within Stores

Number of pages: 21 Posted: 13 Aug 2015
Guido Menzio and Nicholas Trachter
University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 20 (671,134)

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Equilibrium Price Dispersion Across and within Stores

Number of pages: 25 Posted: 25 Aug 2015 Last Revised: 24 Sep 2021
Guido Menzio and Nicholas Trachter
University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 8 (771,104)
Citation 3

Abstract:

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6.

Private Information in Over-the-Counter Markets

Posted: 22 Dec 2016
Zachary Bethune, Bruno Sultanum and Nicholas Trachter
University of Virginia - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 52 (477,171)

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Decentralized markets, bilateral trade, asset issuance, liquidity, asymmetric information

7.

The Elasticity of Substitution in Demand for Non-Tradable Goods in Latin America: The Case of Argentina

IDB Working Paper No. 190
Number of pages: 19 Posted: 19 Apr 2011
Universidad Torcuato Di Tella, Universidad Torcuato Di Tella, affiliation not provided to SSRN and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 52 (477,171)
Citation 6

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8.
Downloads 46 (502,590)
Citation 18

Relative Price Dispersion: Evidence and Theory

Number of pages: 73 Posted: 01 Feb 2016 Last Revised: 05 Jun 2021
Greg Kaplan, Guido Menzio, Leena Rudanko and Nicholas Trachter
Princeton University - Department of Economics, University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 17 (694,801)
Citation 4

Abstract:

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Relative Price Dispersion: Evidence and Theory

Number of pages: 73 Posted: 16 Mar 2016
Greg Kaplan, Guido Menzio, Leena Rudanko and Nicholas Trachter
Princeton University - Department of Economics, University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 16 (702,951)

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Relative Price Dispersion: Evidence and Theory

Number of pages: 67 Posted: 04 Mar 2016 Last Revised: 29 Apr 2020
Greg Kaplan, Guido Menzio, Leena Rudanko and Nicholas Trachter
Princeton University - Department of Economics, University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 13 (728,143)
Citation 10

Abstract:

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Price dispersion, Equilibrium product market search, Retail pricing, Goods

Large and Small Sellers: A Theory of Equilibrium Price Dispersion with Sequential Search

PIER Working Paper No. 14-009
Number of pages: 38 Posted: 16 Mar 2014
Guido Menzio and Nicholas Trachter
University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 29 (605,117)

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Imperfect competition, Search frictions, Price dispersion.

Large and Small Sellers: A Theory of Equilibrium Price Dispersion with Sequential Search

Number of pages: 38 Posted: 01 Apr 2014
Guido Menzio and Nicholas Trachter
University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 11 (745,290)

Abstract:

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Imperfect competition, Search frictions, Price dispersion

Large and Small Sellers: A Theory of Equilibrium Price Dispersion with Sequential Search

Number of pages: 38 Posted: 24 Mar 2014 Last Revised: 14 Feb 2021
Guido Menzio and Nicholas Trachter
University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 6 (788,339)
Citation 7

Abstract:

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10.

Asset Issuance in Over-the-Counter Markets

Number of pages: 46 Posted: 23 Oct 2017 Last Revised: 15 Nov 2018
Zachary Bethune, Bruno Sultanum and Nicholas Trachter
University of Virginia, Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 34 (560,971)
Citation 2

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Decentralized markets, bilateral trade, asset issuance, liquidity

Learning and Life Cycle Patterns of Occupational Transitions

Number of pages: 28 Posted: 21 Aug 2014
Aspen Gorry, Devon Gorry and Nicholas Trachter
John E. Walker Department of Economics, Utah State University and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 31 (592,307)
Citation 1

Abstract:

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Learning, Occupational Mobility, Labor Markets, Life Cycle

Learning and Life Cycle Patterns of Occupational Transitions

International Economic Review, Vol. 60, Issue 2, pp. 905-937, 2019
Number of pages: 33 Posted: 22 May 2019
Aspen Gorry, Devon Gorry and Nicholas Trachter
John E. Walker Department of Economics, Utah State University and Federal Reserve Banks - Federal Reserve Bank of Richmond
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12.

Commodity Money with Frequent Search

Number of pages: 46 Posted: 06 Dec 2010
Ezra Oberfield and Nicholas Trachter
Princeton University and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 30 (583,304)
Citation 1

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Commodity Money, Search, Multiple Equilibria, Sunspots

13.

State Dependent Monetary Policy

Number of pages: 32 Posted: 27 Oct 2013
Francesco Lippi, Stefania Ragni and Nicholas Trachter
Università degli Studi di Sassari, Università degli Studi di Sassari and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 25 (614,780)
Citation 5

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Incomplete markets, Heterogenous agents, Liquidity, Precautionary savings

14.

Stepping Stone and Option Value in a Model of Postsecondary Education

Number of pages: 37 Posted: 08 Feb 2014
Nicholas Trachter
Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 19 (656,959)
Citation 11

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stepping stone, investment under uncertainty, academic learning, postsecondary education, college education, returns to education

15.

Diverging Trends in National and Local Concentration

Number of pages: 102 Posted: 02 Oct 2018 Last Revised: 29 Apr 2020
University of Chicago - Department of Economics, Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 18 (664,121)

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national product-market concentration, local concentration

16.

Price Dispersion When Stores Sell Multiple Goods

Number of pages: 20 Posted: 15 May 2017 Last Revised: 30 Aug 2017
Nicholas Trachter
Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 15 (686,214)

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consumer finance, multiproduct, price dispersion

17.
Downloads 13 (701,721)
Citation 20

Diverging Trends in National and Local Concentration

Number of pages: 41 Posted: 24 Sep 2018 Last Revised: 28 Jun 2021
University of Chicago - Department of Economics, Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 12 (736,692)
Citation 19

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Diverging Trends in National and Local Concentration

Number of pages: 42 Posted: 17 Sep 2018
University of Chicago - Department of Economics, Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 1 (838,183)
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18.

Big Push in Distorted Economies

Number of pages: 51 Posted: 14 May 2021
affiliation not provided to SSRN, affiliation not provided to SSRN, Washington University in St. Louis and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 6 (757,095)

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19.
Downloads 6 (757,095)
Citation 1

Plants in Space

Number of pages: 67 Posted: 23 Jul 2020
Princeton University, University of Chicago - Department of Economics, Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 3 (814,114)

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plants, economics, rents

Plants in Space

Number of pages: 67 Posted: 09 Jun 2020 Last Revised: 18 Nov 2021
Princeton University, University of Chicago - Department of Economics, Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 3 (814,114)
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Plants in Space

Number of pages: 69 Posted: 03 Jun 2020
Princeton University, University of Chicago - Department of Economics, Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 0
Citation 1
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20.

Inefficiency in a Simple Model of Production and Bilateral Trade

Number of pages: 15 Posted: 10 Dec 2018 Last Revised: 29 Apr 2020
Zachary Bethune, Bruno Sultanum and Nicholas Trachter
University of Virginia, Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 6 (757,095)

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otc, over-the-counter, trade

21.

On the Optimal Supply of Liquidity with Borrowing Constraints

Number of pages: 58 Posted: 04 Apr 2012
Francesco Lippi and Nicholas Trachter
University of Sassari and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 6 (757,095)
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Friedman rule, Heterogenous agents, Incomplete markets, Liquidity, Precautionary savings, State dependent policy.

22.
Downloads 3 (780,406)

Big Push in Distorted Economies

Number of pages: 51 Posted: 15 Mar 2021 Last Revised: 18 Nov 2021
Washington University in St. Louis, University of California, Los Angeles (UCLA) - Department of Economics, Washington University in St. Louis and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 3 (814,114)
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Big Push in Distorted Economies

Number of pages: 53 Posted: 15 Mar 2021
Washington University in St. Louis, University of California, Los Angeles (UCLA) - Department of Economics, Washington University in St. Louis and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 0
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23.

State Dependent Monetary Policy

Number of pages: 34 Posted: 02 Jun 2014
Francesco Lippi, Stefania Ragni and Nicholas Trachter
University of Sassari, Università degli Studi di Sassari and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 0 (818,713)
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distributional effects, heterogenous agents, incomplete markets, liquidity, precautionary savings