Varadarajan V. Chari

University of Minnesota - Twin Cities - Department of Economics

Professor

271 19th Avenue South

1108 Management & Economics

Minneapolis, MN 55455

United States

Federal Reserve Bank of Minneapolis

90 Hennepin Avenue

Minneapolis, MN 55480

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

33

DOWNLOADS
Rank 19,634

SSRN RANKINGS

Top 19,634

in Total Papers Downloads

1,924

CITATIONS
Rank 371

SSRN RANKINGS

Top 371

in Total Papers Citations

1,173

Scholarly Papers (33)

1.
Downloads 829 ( 22,207)
Citation 136

Optimal Fiscal and Monetary Policy

Number of pages: 119 Posted: 11 Mar 1999
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 779 (23,943)
Citation 136

Abstract:

Optimal Fiscal and Monetary Policy

NBER Working Paper No. w6891
Number of pages: 119 Posted: 19 Jul 2000
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 50 (327,695)
Citation 136

Abstract:

2.

Business Cycle Accounting

NBER Working Paper No. w10351
Number of pages: 64 Posted: 05 Jan 2007
Varadarajan V. Chari, Patrick J. Kehoe and Ellen R. McGrattan
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 164 (139,504)
Citation 118

Abstract:

3.
Downloads 89 (236,157)
Citation 35

Expectation Traps and Monetary Policy

FRB of Chicago Working Paper No. 2002-04
Number of pages: 60 Posted: 18 Apr 2003
Stefania Albanesi, Varadarajan V. Chari and Lawrence J. Christiano
Columbia University, Graduate School of Arts and Sciences, Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Northwestern University
Downloads 67 (282,531)
Citation 35

Abstract:

Expectation Traps and Monetary Policy

NBER Working Paper No. w8912
Number of pages: 54 Posted: 25 Apr 2002
Stefania Albanesi, Varadarajan V. Chari and Lawrence J. Christiano
Columbia University, Graduate School of Arts and Sciences, Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Northwestern University
Downloads 22 (441,925)
Citation 35

Abstract:

4.
Downloads 56 (305,731)
Citation 41

Hot Money

NBER Working Paper No. w6007
Number of pages: 18 Posted: 06 Sep 2000
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 56 (310,171)
Citation 41

Abstract:

Hot Money

Journal of Political Economy, Vol. 111, December 2003
Posted: 28 Nov 2003
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Adverse Selection, Reputation and Sudden Collapses in Secondary Loan Markets

NBER Working Paper No. w16080
Number of pages: 57 Posted: 14 Jun 2010
Varadarajan V. Chari, Ali Shourideh and Ariel Zetlin-Jones
University of Minnesota - Twin Cities - Department of Economics, University of Minnesota - Twin Cities - Department of Economics and University of Minnesota - Twin Cities - Department of Economics
Downloads 27 (414,699)
Citation 6

Abstract:

Adverse Selection, Reputation and Sudden Collapses in Secondary Loan Markets

Number of pages: 56 Posted: 18 May 2012
Varadarajan V. Chari, Ali Shourideh and Ariel Zetlin-Jones
University of Minnesota - Twin Cities - Department of Economics, University of Pennsylvania - Finance Department and University of Minnesota - Twin Cities - Department of Economics
Downloads 27 (414,699)
Citation 6

Abstract:

6.

Modern Macroeconomics in Practice: How Theory is Shaping Policy

NBER Working Paper No. w12476
Number of pages: 52 Posted: 30 Aug 2006
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 49 (325,308)
Citation 8

Abstract:

7.

Monetary Shocks and Real Exchange Rates in Sticky Price Models of International Business Cycles

NBER Working Paper No. w5876
Number of pages: 39 Posted: 21 Jul 2000
Varadarajan V. Chari, Patrick J. Kehoe and Ellen R. McGrattan
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 46 (334,214)
Citation 30

Abstract:

New Keynesian Models: Not Yet Useful for Policy Analysis

NBER Working Paper No. w14313
Number of pages: 38 Posted: 08 Sep 2008
Varadarajan V. Chari, Patrick J. Kehoe and Ellen R. McGrattan
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 43 (350,063)
Citation 44

Abstract:

New Keynesian Models: Not Yet Useful for Policy Analysis

Posted: 03 Sep 2008
Varadarajan V. Chari, Patrick J. Kehoe and Ellen R. McGrattan
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

New Keynesian Models, Macroeconomic Policy

9.

Time Consistency and Free-Riding in a Monetary Union

NBER Working Paper No. w9370
Number of pages: 30 Posted: 06 Dec 2002
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 39 (356,661)
Citation 10

Abstract:

10.

Financial Crises as Herds: Overturning the Critiques

NBER Working Paper No. w9658
Number of pages: 34 Posted: 27 Apr 2003
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 38 (346,763)
Citation 37

Abstract:

11.

Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem?

NBER Working Paper No. w5809
Number of pages: 33 Posted: 01 Jul 2000
Varadarajan V. Chari, Patrick J. Kehoe and Ellen R. McGrattan
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 37 (353,310)
Citation 192

Abstract:

The Poverty of Nations: A Quantitative Exploration

NBER Working Paper No. w5414
Number of pages: 69 Posted: 12 Jun 2000
Varadarajan V. Chari, Patrick J. Kehoe and Ellen R. McGrattan
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 36 (375,298)
Citation 41

Abstract:

The Poverty of Nations: A Quantitative Exploration

Federal Reserve Bank of Minneapolis SR 204
Posted: 16 Sep 1999
Varadarajan V. Chari, Patrick J. Kehoe and Ellen R. McGrattan
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

On the Optimal Choice of a Monetary Policy Instrument

NBER Working Paper No. w13398
Number of pages: 34 Posted: 14 Sep 2007
Andrew Atkeson, Varadarajan V. Chari and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 35 (379,121)
Citation 2

Abstract:

On the Optimal Choice of a Monetary Policy Instrument

Posted: 22 Jul 2008
Andrew Atkeson, Varadarajan V. Chari and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Indeterminacy, Interest rate rules, Taylor rules, Inflation targeting, Transparency, Time inconsistency

On the Desirability of Fiscal Constraints in a Monetary Union

NBER Working Paper No. w10232
Number of pages: 16 Posted: 27 Jan 2004
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 34 (383,182)
Citation 10

Abstract:

On the Desirability of Fiscal Constraints in a Monetary Union

Posted: 30 Jul 2008
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Free Riding Problem, Growth and Stability Pact, Time Consistency, International Cooperation

15.

Can Sticky Price Models Generate Volatile and Persistent Real Exchange Rates?

NBER Working Paper No. w7869
Number of pages: 53 Posted: 06 Feb 2001
Varadarajan V. Chari, Patrick J. Kehoe and Ellen R. McGrattan
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 34 (349,984)
Citation 239

Abstract:

16.

Optimality of the Friedman Rule in Economies with Distorting Taxes

NBER Working Paper No. w4443
Number of pages: 27 Posted: 10 Jul 2007
Varadarajan V. Chari, Lawrence J. Christiano and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics, Northwestern University and Federal Reserve Bank of Minneapolis - Research Department
Downloads 33 (367,098)
Citation 29

Abstract:

17.

Inside Money, Outside Money and Short Term Interest Rates

NBER Working Paper No. w5269
Number of pages: 54 Posted: 15 Sep 2000
Varadarajan V. Chari, Lawrence J. Christiano and Martin Eichenbaum
University of Minnesota - Twin Cities - Department of Economics, Northwestern University and Northwestern University
Downloads 33 (356,661)
Citation 19

Abstract:

18.

Sudden Stops and Output Drops

NBER Working Paper No. w11133
Number of pages: 19 Posted: 14 Mar 2005
Varadarajan V. Chari, Patrick J. Kehoe and Ellen R. McGrattan
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 29 (374,425)
Citation 21

Abstract:

The Heterogeneous State of Modern Macroeconomics: A Reply to Solow

NBER Working Paper No. w13655
Number of pages: 8 Posted: 30 Nov 2007
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 27 (414,618)

Abstract:

The Heterogeneous State of Modern Macroeconomics: A Reply to Solow

Posted: 19 Jul 2008
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Calibration, Microfoundation, Microeconometrics

20.

Strategic Delegations in Monetary Unions

UPF Economics and Business Working Paper 842
Number of pages: 18 Posted: 30 Nov 2005
Ramon Marimon, Varadarajan V. Chari and Larry Jones
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), University of Minnesota - Twin Cities - Department of Economics and University of Minnesota - Twin Cities - Department of Economics
Downloads 25 (386,077)
Citation 2

Abstract:

Strategic Delegation, Monetary Union

21.

How Severe is the Time Inconsistency Problem in Monetary Policy?

NBER Working Paper No. w8139
Number of pages: 38 Posted: 26 Feb 2001
Stefania Albanesi, Varadarajan V. Chari and Lawrence J. Christiano
Columbia University, Graduate School of Arts and Sciences, Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Northwestern University
Downloads 23 (408,221)
Citation 10

Abstract:

22.
Downloads 21 (433,166)
Citation 4

Sophisticated Monetary Policies

NBER Working Paper No. w14883
Number of pages: 49 Posted: 20 Apr 2009
Andrew Atkeson, Varadarajan V. Chari and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 21 (447,648)
Citation 4

Abstract:

Sophisticated Monetary Policies

Federal Reserve Bank of Minneapolis Working Paper 419
Posted: 30 Jun 2009
Andrew Atkeson, Varadarajan V. Chari and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Taylor rule; Implementation; New Keynsian model; King rule

23.

Expectation Traps and Discretion

NBER Working Paper No. w5541
Number of pages: 39 Posted: 19 Aug 1996
Varadarajan V. Chari, Lawrence J. Christiano and Martin Eichenbaum
University of Minnesota - Twin Cities - Department of Economics, Northwestern University and Northwestern University
Downloads 17 (443,579)
Citation 28

Abstract:

24.

Strategic Delegation in Monetary Unions

Manchester School, Vol. 72, No. S1, pp. 19-33, September 2004
Number of pages: 15 Posted: 20 Aug 2004
Varadarajan V. Chari, Larry Jones and Ramon Marimon
University of Minnesota - Twin Cities - Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 16 (458,884)
Citation 3

Abstract:

25.

Are Structural Vars with Long-Run Restrictions Useful in Developing Business Cycle Theory?

NBER Working Paper No. w14430
Number of pages: 35 Posted: 27 Oct 2008
Varadarajan V. Chari, Patrick J. Kehoe and Ellen R. McGrattan
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 14 (453,788)
Citation 23

Abstract:

26.

Optimal Fiscal Policy in a Business Cycle Model

NBER Working Paper No. w4490
Number of pages: 48 Posted: 11 Apr 2011
Varadarajan V. Chari, Lawrence J. Christiano and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics, Northwestern University and Federal Reserve Bank of Minneapolis - Research Department
Downloads 13 (453,788)
Citation 72

Abstract:

27.

Discussion of He, Huang, and Wright's 'Money and Banking in Search Equilibrium'

International Economic Review, Vol. 46, pp. 671-674, May 2005
Number of pages: 4 Posted: 05 May 2005
Varadarajan V. Chari
University of Minnesota - Twin Cities - Department of Economics
Downloads 11 (484,564)

Abstract:

28.

Bailouts, Time Inconsistency, and Optimal Regulation

NBER Working Paper No. w19192
Number of pages: 50 Posted: 29 Jun 2013
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 8 (479,448)
Citation 6

Abstract:

29.

Accounting for Business Cycles

NBER Working Paper No. w22663
Number of pages: 89 Posted: 26 Sep 2016
Pedro Brinca, Varadarajan V. Chari, Patrick Kehoe and Ellen R. McGrattan
European University Institute, University of Minnesota - Twin Cities - Department of Economics, Stanford University and Federal Reserve Bank of Minneapolis - Research Department
Downloads 0 (494,439)
Citation 5

Abstract:

30.

Thoughts on the Federal Reserve System's Exit Strategy

Federal Reserve Bank of Minneapolis Economic Policy Paper 10-1
Posted: 13 Apr 2010
Varadarajan V. Chari
University of Minnesota - Twin Cities - Department of Economics

Abstract:

31.

Prizes and Patents: Using Market Signals to Provide Incentives for Investors

Federal Reserve Bank of Minneapolis Working Paper No. 673
Posted: 23 Sep 2009
Varadarajan V. Chari, Mikhail Golosov and Aleh Tsyvinski
University of Minnesota - Twin Cities - Department of Economics, Massachusetts Institute of Technology (MIT) - Department of Economics and Harvard University - Department of Economics

Abstract:

public goods, manipulating market signals

32.

Comparing Alternative Representations and Alternative Methodologies in Business Cycle Accounting

Posted: 21 Jul 2008
Varadarajan V. Chari, Ellen R. McGrattan and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

wedges, distortions, recession, equivalence results

33.

The Economics of Split-Ticket Voting in Representative Democracies

The American Economic Review, December 1997
Posted: 11 May 1998
Varadarajan V. Chari, Larry Jones and Ramon Marimon
University of Minnesota - Twin Cities - Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)

Abstract: