Fernando M. Martin

Federal Reserve Banks - Federal Reserve Bank of St. Louis

Senior Economist

411 Locust St

Saint Louis, MO 63011

United States

SCHOLARLY PAPERS

25

DOWNLOADS

925

SSRN CITATIONS
Rank 12,178

SSRN RANKINGS

Top 12,178

in Total Papers Citations

63

CROSSREF CITATIONS

37

Scholarly Papers (25)

1.

A Positive Theory of Government Debt

Number of pages: 33 Posted: 08 Sep 2004
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 257 (146,759)
Citation 11

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Government debt, time-consistency, Markov-perfect equilibrium

2.

Debt, Inflation and Central Bank Independence

FRB of St. Louis Working Paper No. 2013-017D
Number of pages: 32 Posted: 30 May 2013 Last Revised: 08 Aug 2014
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 100 (321,985)
Citation 11

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government debt, inflation, deficit, central bank independence, time-consistency, inflation targeting

3.

Rehypothecation and Liquidity

FRB St. Louis Working Paper No. 2015-3
Number of pages: 39 Posted: 19 Aug 2015 Last Revised: 06 Mar 2019
David Andolfatto, Fernando M. Martin and Shengxing Zhang
Simon Fraser University (SFU) - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of St. Louis and London School of Economics (LSE) - Department of Economics
Downloads 94 (334,919)
Citation 1

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rehypothecation, money, collateral, credit relationship

4.
Downloads 92 (339,519)
Citation 15

Money, Banking and Financial Markets

FRB St. Louis Working Paper No. 2017-23
Number of pages: 50 Posted: 07 Sep 2017 Last Revised: 27 Nov 2019
David Andolfatto, Aleksander Berentsen and Fernando M. Martin
Simon Fraser University (SFU) - Department of Economics, University of Basel - Faculty of Business and Economics and Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 60 (437,502)
Citation 8

Abstract:

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Federal Reserve Bank of St. Louis, Economic Research, Money, Banks, Financial markets, Lender-of-last-resort, Bank runs

Money, Banking and Financial Markets

University of Zurich, Department of Economics, Working Paper No. 259
Number of pages: 35 Posted: 17 Aug 2017
David Andolfatto, Aleksander Berentsen and Fernando M. Martin
Simon Fraser University (SFU) - Department of Economics, University of Basel - Faculty of Business and Economics and Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 32 (566,188)

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Money, Banking, Financial Markets, Monetary Policy

5.

Domestic Policies and Sovereign Default

FRB St. Louis Working Paper No. 2020-17
Number of pages: 63 Posted: 23 Jul 2020
Institute for Advanced Studies (IHS) - Department of Economics & Finance, New York University (NYU), Federal Reserve Banks - Federal Reserve Bank of St. Louis and Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 68 (404,638)

Abstract:

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6.

Dynamic Optimal Insurance and Lack of Commitment

FRB of St. Louis Working Paper No. 2011-029C
Number of pages: 27 Posted: 13 Apr 2012 Last Revised: 11 Jul 2013
Alexander Karaivanov and Fernando M. Martin
Simon Fraser University (SFU) - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 26 (587,763)
Citation 1

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Optimal insurance, lack of commitment, Markov-perfect equilibrium, asset contractibility

7.
Downloads 24 (600,741)
Citation 11

Government Policy in Monetary Economies

Number of pages: 37 Posted: 13 Apr 2012
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 23 (626,346)

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government policy, limited commitment, Markov-perfect equilibrium, financial intermediation, trading frictions, micro founded models of money

Government Policy in Monetary Economies

International Economic Review, Vol. 54, Issue 1, pp. 185-217, 2013
Number of pages: 33 Posted: 24 Jan 2013
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 1 (813,335)
Citation 5
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8.

U.S. Fiscal Policy: Reality and Outlook

Economic Synopses, Issue 10, pp. 1-2, 2016
Number of pages: 2 Posted: 26 May 2016 Last Revised: 29 Apr 2020
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 23 (607,380)

Abstract:

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9.

Monetary Policy and Liquid Government Debt

FRB St. Louis Working Paper No. 2018-2
Number of pages: 38 Posted: 13 Jun 2018
David Andolfatto and Fernando M. Martin
Simon Fraser University (SFU) - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 21 (620,934)

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monetary policy, in ation, Taylor rule, determinacy, Ri- cardian, liquid bonds

10.

A Perspective on Nominal Interest Rates

Economic Synopses, Issue 25, pp. 1-2, 2016
Number of pages: 2 Posted: 12 Jan 2017 Last Revised: 03 May 2018
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 21 (620,934)

Abstract:

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11.

The Value of Constraints on Discretionary Government Policy

FRB St. Louis Working Paper No. 2016-19
Number of pages: 29 Posted: 27 Oct 2016 Last Revised: 05 Jan 2019
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 21 (620,934)

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time-consistency, discretion, government debt, inflation, deficit, fiscal constraints, inflation targeting, institutional design, political frictions.

12.

Information Disclosure and Exchange Media

Federal Reserve Bank of St. Louis Research Paper No. 2012-012A
Number of pages: 31 Posted: 13 Jun 2012
David Andolfatto and Fernando M. Martin
Simon Fraser University (SFU) - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 21 (620,934)
Citation 7

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Money, Collateral, News, Nondisclosure

13.

Moral Hazard and Lack of Commitment in Dynamic Economies

Number of pages: 27 Posted: 13 Apr 2012
Alexander Karaivanov and Fernando M. Martin
Simon Fraser University (SFU) - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 20 (627,965)
Citation 2

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risk-sharing, optimal insurance, lack of commitment, moral hazard, wealth inequality

14.

Market Power and Asset Contractibility in Dynamic Insurance Contracts

Review, Vol. 98, Issue 2, pp. 111-127, 2016
Number of pages: 18 Posted: 22 Jun 2016 Last Revised: 24 Jul 2019
Alexander Karaivanov and Fernando M. Martin
Simon Fraser University (SFU) - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 19 (634,913)
Citation 2

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15.

Money and Capital as Competing Media of Exchange in a News Economy

Federal Reserve Bank of St. Louis Working Paper 2009-046B
Number of pages: 22 Posted: 16 Sep 2009 Last Revised: 03 Nov 2009
David Andolfatto and Fernando M. Martin
Simon Fraser University (SFU) - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 19 (634,913)

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money, capital, news, excess volatility

16.

A Closer Look at Federal Income Taxes

Economic Synopses, Issue 23, pp. 1-2, 2016
Number of pages: 2 Posted: 07 Dec 2016 Last Revised: 29 Apr 2020
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 15 (663,498)

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17.

Policy and Welfare Effects of Within-Period Commitment

FRB of St. Louis Working Paper No. 2011-031C
Number of pages: 28 Posted: 15 Apr 2012 Last Revised: 10 Jul 2013
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 15 (663,498)
Citation 3

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Fiscal policy, time-consistency, lack of commitment, Markov-perfect equilibrium

18.

Economic Realities and Consequences of the Covid-19 Pandemic—Part I: Financial Markets and Monetary Policy

Posted: 03 Jun 2021
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 12 (686,148)

Abstract:

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COVID-19

19.

Private Investment and the Great Recession

Economic Synopses, Issue 1, 2016
Number of pages: 2 Posted: 28 Mar 2016 Last Revised: 29 Apr 2020
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 12 (686,148)

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20.

Fiscal Dominance

FRB St. Louis Working Paper No. 2020-040
Number of pages: 19 Posted: 02 Nov 2020
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 10 (701,541)

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discretion, time-consistency, government debt, deficit, inflation, institutional design, political frictions

21.

How to Starve the Beast: Fiscal and Monetary Policy Rules

FRB St. Louis Working Paper No. 2019-26
Number of pages: 61 Posted: 22 Oct 2019 Last Revised: 14 Apr 2020
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 9 (709,391)

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time-consistency, fiscal rules, discretion, government debt, inflation, deficit, institutional design, political frictions, austerity, debt sustainability

22.

Revisiting GDP Growth Projections

Economic Synopses, Issue 5, pp. 1-2, 2016
Number of pages: 2 Posted: 28 Mar 2016 Last Revised: 29 Apr 2020
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 9 (709,391)

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23.

Economic Realities and Consequences of the Covid-19 Pandemic—Part Ii: The Economy and Fiscal Policy

Posted: 03 Jun 2021
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 8 (717,004)

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COVID-19

24.

Government Policy Response to War-Expenditure Shocks

Number of pages: 31 Posted: 13 Apr 2012
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 6 (732,760)
Citation 3

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government policy, limited commitment, U.S. wars, money micro-foundations

25.

How to Starve the Beast: Fiscal Policy Rules

FRB St. Louis Working Paper No. 2019-026
Number of pages: 62 Posted: 14 May 2021
Fernando M. Martin
Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 3 (756,325)

Abstract:

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