Nicholas Trachter

Federal Reserve Banks - Federal Reserve Bank of Richmond

P.O. Box 27622

Richmond, VA 23261

United States

SCHOLARLY PAPERS

26

DOWNLOADS

1,684

SSRN CITATIONS
Rank 4,270

SSRN RANKINGS

Top 4,270

in Total Papers Citations

351

CROSSREF CITATIONS

87

Scholarly Papers (26)

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 206 (278,145)
Citation 3

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dropout, wealth effect, idiosyncratic risk

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

FRB Richmond Working Paper No. 15-15
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 39 (825,914)

Abstract:

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2.

An Information-Based Theory of Financial Intermediation

FRB Richmond Working Paper No. 19-12
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 193 (295,972)
Citation 9

Abstract:

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Over-the-counter markets, intermediation, private information

3.
Downloads 118 (443,627)
Citation 16

Equilibrium Price Dispersion Across and within Stores

FRB Richmond Working Paper No. 15-01
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 55 (713,181)

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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 44 (787,591)
Citation 1

Abstract:

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Search, Price dispersion, Price discrimination, Bargain hunting

Equilibrium Price Dispersion Across and within Stores

NBER Working Paper No. w21493
Number of pages: 25 Posted: 25 Aug 2015 Last Revised: 25 Mar 2023
Guido Menzio and Nicholas Trachter
University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 19 (1,015,693)
Citation 8

Abstract:

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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 48 (758,988)

Abstract:

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Imperfect competition, Search frictions, Price dispersion.

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

FRB Richmond Working Paper No. 14-08
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 32 (885,183)

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Imperfect competition, Search frictions, Price dispersion

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

NBER Working Paper No. w19990
Number of pages: 38 Posted: 24 Mar 2014 Last Revised: 13 Feb 2023
Guido Menzio and Nicholas Trachter
University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 20 (1,004,652)
Citation 7

Abstract:

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5.
Downloads 99 (503,515)
Citation 32

Relative Price Dispersion: Evidence and Theory

FRB Richmond Working Paper No. 16-2
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 36 (850,373)

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Relative Price Dispersion: Evidence and Theory

NBER Working Paper No. w21931
Number of pages: 73 Posted: 01 Feb 2016 Last Revised: 05 Jun 2022
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 35 (858,823)
Citation 4

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Relative Price Dispersion: Evidence and Theory

FRB of Philadelphia Working Paper No. 16-6
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 28 (922,248)
Citation 10

Abstract:

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

6.

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 96 (513,715)
Citation 11

Abstract:

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7.

Private Information in Over-the-Counter Markets

FRB Richmond Working Paper No. 16-16
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 87 (546,800)

Abstract:

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

8.

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 87 (546,800)

Abstract:

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Price Dispersion, Equilibrium Product, Market Search

9.
Downloads 79 (579,483)
Citation 6

Price Dynamics with Customer Markets

FRB Richmond Working Paper No. 14-17
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 79 (586,930)
Citation 8

Abstract:

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customer markets, price setting, product market frictions

Price Dynamics with Customer Markets

CEPR Discussion Paper No. DP10220
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

CEPR Discussion Paper No. DP11753
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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10.
Downloads 71 (614,994)
Citation 1

Banks in Space

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2024-32
Number of pages: 70 Posted: 14 Mar 2024
Princeton University, University of Chicago, Federal Reserve Banks - Federal Reserve Bank of Richmond and Princeton University
Downloads 64 (660,938)

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Banks in Space

NBER Working Paper No. w32256
Number of pages: 70 Posted: 18 Mar 2024
Princeton University, University of Chicago, Federal Reserve Banks - Federal Reserve Bank of Richmond and Princeton University
Downloads 7 (1,148,663)
Citation 1
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11.

Asset Issuance in Over-the-Counter Markets

FRB Richmond Working Paper No. 17-13
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 60 (670,448)
Citation 3

Abstract:

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Decentralized markets, bilateral trade, asset issuance, liquidity

12.

Learning and Life Cycle Patterns of Occupational Transitions

FRB Richmond Working Paper No. 14-15
Number of pages: 28 Posted: 21 Aug 2014
Aspen Gorry, Devon Gorry and Nicholas Trachter
Clemson University - Wilbur O. and Ann Powers College of Business, Utah State University and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 55 (698,582)
Citation 3

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Learning, Occupational Mobility, Labor Markets, Life Cycle

13.

State Dependent Monetary Policy

FRB Richmond Working Paper No. 13-17
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 50 (728,900)
Citation 4

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Incomplete markets, Heterogenous agents, Liquidity, Precautionary savings

14.

Commodity Money with Frequent Search

FRB of Chicago Working Paper No. 2010-22
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 46 (754,734)
Citation 3

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Commodity Money, Search, Multiple Equilibria, Sunspots

15.
Downloads 43 (775,600)
Citation 8

Plants in Space

FRB Richmond Working Paper No. 20-05
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 26 (941,663)
Citation 1

Abstract:

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plants, economics, rents

Plants in Space

NBER Working Paper No. w27303
Number of pages: 67 Posted: 09 Jun 2020 Last Revised: 06 Feb 2023
Princeton University, University of Chicago - Department of Economics, Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 17 (1,038,121)
Citation 2

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Plants in Space

CEPR Discussion Paper No. DP14823
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
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Citation 1
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16.

Stepping Stone and Option Value in a Model of Postsecondary Education

FRB Richmond Working Paper No. 14-03
Number of pages: 37 Posted: 08 Feb 2014
Nicholas Trachter
Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 42 (782,623)
Citation 11

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

17.

Diverging Trends in National and Local Concentration

FRB Richmond Working Paper No. 18-15
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 41 (789,881)

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national product-market concentration, local concentration

18.

Price Dispersion When Stores Sell Multiple Goods

Economic Quarterly, Issue 2Q, pp. 127-146, 2016
Number of pages: 20 Posted: 15 May 2017 Last Revised: 30 Aug 2017
Nicholas Trachter
Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 35 (835,575)

Abstract:

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consumer finance, multiproduct, price dispersion

19.
Downloads 33 (852,214)
Citation 52

Diverging Trends in National and Local Concentration

NBER Working Paper No. w25066
Number of pages: 41 Posted: 24 Sep 2018 Last Revised: 29 Jun 2023
University of Chicago - Department of Economics, Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 32 (885,183)
Citation 59

Abstract:

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Diverging Trends in National and Local Concentration

CEPR Discussion Paper No. DP13174
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 (1,212,180)
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20.

Big Push in Distorted Economies

FRB Richmond Working Paper No. 21-7
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 29 (886,403)

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21.

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 22 (952,676)

Abstract:

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over-the-counter, trade, OTC

22.
Downloads 17 (1,004,353)
Citation 2

Big Push in Distorted Economies

NBER Working Paper No. w28561
Number of pages: 51 Posted: 15 Mar 2021 Last Revised: 15 Jan 2023
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 17 (1,038,121)
Citation 1

Abstract:

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Big Push in Distorted Economies

CEPR Discussion Paper No. DP15910
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
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23.
Downloads 15 (1,025,563)

Sectoral Development Multipliers

FRB Richmond Working Paper No. 24-2
Number of pages: 55 Posted: 25 Mar 2024
Francisco J. Buera and Nicholas Trachter
Washington University in St. Louis and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 12 (1,094,356)

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Sectoral policy, technology, economic development

Sectoral Development Multipliers

NBER Working Paper No. w32230
Number of pages: 55 Posted: 11 Mar 2024
Francisco J. Buera and Nicholas Trachter
Washington University in St. Louis and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 3 (1,189,823)
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24.

Unemployment Insurance When the Wealth Distribution Matters

FRB Richmond Working Paper No. 23-8
Number of pages: 56 Posted: 29 Jun 2023
Facundo Piguillem, Nicholas Trachter and Hernán Ruffo
Einaudi Institute for Economics and Finance (EIEF), Federal Reserve Banks - Federal Reserve Bank of Richmond and Universidad Torcuato Di Tella
Downloads 15 (1,025,563)
Citation 1

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wealth distribution, unemployment insurance

25.

On the Optimal Supply of Liquidity with Borrowing Constraints

CEPR Discussion Paper No. DP8890
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 (1,116,008)
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Friedman rule, Heterogenous agents, Incomplete markets, Liquidity, Precautionary savings, State dependent policy.

26.

State Dependent Monetary Policy

CEPR Discussion Paper No. DP9795
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 (1,173,547)
Citation 1
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distributional effects, heterogenous agents, incomplete markets, liquidity, precautionary savings