Publications

Department Publications by Field

Macroeconomics and Monetary Economics

Equilibrium Lending Mechanism and Aggregate Activity: Author(s): Cheng Wang, Ruilin Zhou; International Economic Review, Forthcoming; [Abstract] [Download PDF]
Optimal Monetary Policy and Economic Growth: Author(s): Joydeep Bhattacharya, Joseph Haslag, Antoine Martin; European Economic Review, Forthcoming; [Abstract] [Download PDF] [Publisher's Link]
Retirement wealth and lifetime earnings: Author(s): Lutz A. Hendricks; International Economic Review, Forthcoming; [Abstract]
How important is discount rate heterogeneity for wealth inequaltity: Author(s): Lutz A. Hendricks; Journal of Economic Dynamics and Control, Forthcoming; [Abstract]
Optimal Choice of Monetary Policy Instruments in a Small Open Economy: Author(s): Rajesh Singh, Chetan Subramanian; Canadian Journal of Economics, Forthcoming; [Abstract]
Temporary Stabilizations, Sudden Stops and Asset Prices: Author(s): Rajesh Singh, Chetan Subramanian; Review of Development Economics, Forthcoming; [Abstract]
Choosing to Keep Up with the Joneses and Income Inequality: Author(s): Richard C. Barnett, Joydeep Bhattacharya, Helle Bunzel; Economic Theory, Forthcoming; [Abstract] [Download PDF]
Patience Cycles: Author(s): Richard C Barnett, Joydeep Bhattacharya, Mikko Puhakka; ISU Economics Working Paper #09011, June 15, 2009; [Abstract] [Download PDF]
Harmonic symmetries of imperfect competition on circular city: Author(s): David A. Hennessy, Harvey E. Lapan; Journal of Mathematical Economics, Vol. 45, No.1-2, pp. 124-146, January, 2009; [Abstract] [Download PDF] [Publisher's Link]
Why does overnight liquidity cost more than intraday liquidity?: Author(s): Joydeep Bhattacharya, Joesph Haslag, Antoine Martin; Journal of Economic Dynamics and Control, Vol. 33, No.6, pp. 1236-1246, 2009; [Abstract] [Publisher's Link]
On Myopia as Rationale for Social Security: Author(s): Torben M Andersen, Joydeep Bhattacharya; ISU Economics Working Paper #08027, September 10, 2008; [Abstract] [Download PDF]
On the Usefulness of the Constrained Planning Problem in a Model of Money: Author(s): Joydeep Bhattacharya, Rajesh Singh; Macroeconomic Dynamics, Vol. 12, No.4, pp. 503-525, September, 2008; [Abstract] [Download PDF] [Publisher's Link]
Rejuveniles and Growth: Author(s): Richard Barnett, Joydeep Bhattacharya; European Economic Review, Vol. 52, No.6, pp. 1055-1071, August, 2008; [Abstract] [Download PDF] [Publisher's Link]
Deviant Generations, Ricardian Equivalence, and Growth Cycles: Author(s): Richard C Barnett, Joydeep Bhattacharya, Helle Bunzel; ISU Economics Working Paper #08019, May 19, 2008; [Abstract] [Download PDF]
Are the Joneses making you financially vulnerable?: Author(s): Richard C Barnett, Joydeep Bhattacharya, Helle Bunzel; ISU Economics Working Paper #08011, April 17, 2008 (Revised version 20 May, 2008); [Abstract] [Download PDF]
Optimal Choice of Monetary Instruments in an Economy with Real and Liquidity Shocks: Author(s): Joydeep Bhattacharya, Rajesh Singh; Journal of Economic Dynamics and Control, Vol. 32, No.4, pp. 1273-1311, April, 2008; [Abstract] [Download PDF] [Publisher's Link]
Optimal Monetary Policy Rules under Persistent Shocks: Author(s): Joydeep Bhattacharya, Rajesh Singh; ISU Economics Working Paper #08004, January 14, 2008; [Abstract] [Download PDF]
Understanding the cost difference between intraday and overnight liquidity: Author(s): Joydeep Bhattacharya, Joseph Haslag, Antoine Martin; Journal of Financial Transformation, Vol. 24, pp. 105 - 107, 2008; [Abstract]
Who is Afraid of the Friedman Rule?: Author(s): Joydeep Bhattacharya, Joseph Haslag, Antoine Martin, Rajesh Singh; Economic Inquiry, Vol. 46, No.2, pp. 113-130, 2008; [Abstract] [Download PDF] [Publisher's Link]
Public and Private Expenditures on Health in a Growth Model: Author(s): Joydeep Bhattacharya, Xue Qiao; Journal of Economic Dynamics and Control, Vol. 31, No.8, pp. 2519-2535, August, 2007; [Abstract] [Download PDF] [Publisher's Link]
Resurrecting Equilibria Through Cycles: Author(s): Richard Barnett, Joydeep Bhattacharya, Helle Bunzel; ISU Economics Working Paper #07017, July 26, 2007; [Abstract] [Download PDF]
UNSAFE SEX, AIDS, and DEVELOPMENT: Author(s): Joydeep Bhattacharya, Helle Bunzel, Xue Qiao; ISU Economics Working Paper #07016, July 9, 2007; [Abstract] [Download PDF]
Why Does Overnight Liquidity Cost More Than Intraday Liquidity?: Author(s): Joydeep Bhattacharya, Joseph Haslag, Antoine Martin; ISU Economics Working Paper #07004, March 20, 2007; [Abstract] [Download PDF]
Understanding Post-War Changes in U.S. Household Production: A Full-Income Demand-System Perspective: Author(s): Wallace Huffman; ISU Economics Working Paper #06036, November 16, 2006 (Revised 2/21/08); [Abstract] [Download PDF]
Testing for Breaks Using Alternating Observations: Author(s): Helle Bunzel, Emma M. Iglesias; ISU Economics Working Paper #06035, November 9, 2006; [Abstract] [Download PDF]
Empirical Phillips Curves in OECD Countries: Has There Been A Common Breakdown?: Author(s): Matthew Doyle; ISU Economics Working Paper #06032, September 25, 2006; [Abstract] [Download PDF]
Social Security and Intergenerational Redistribution: Author(s): Joydeep Bhattacharya, Robert Reed; Structural Models of Wage and Employment Dynamics: Essays in Honor of Dale Mortensen, Elsevier and North Holland, Amsterdam and New York, August, 2006; [Abstract] [Download PDF]
On the Optimality of Delay in 'Monetary Policy as a Process of Search': Author(s): Matthew Doyle; ISU Economics Working Paper #06006, February 22, 2006; [Abstract] [Download PDF]
Do Asymmetric Central Bank Preferences Help Explain Observed Inflation Outcomes?: Author(s): Matthew Doyle, Barry L. Falk; ISU Economics Working Paper #06005, February 20, 2006; [Abstract] [Download PDF]
Habit Persistence, Money, and Overlapping Generations: Author(s): Helle Bunzel; Journal of Economic Dynamics and Control, Vol. 30, No.12, pp. 2425-2445, 2006; [Abstract]
Sub-optimality of the Friedman rule in Townsend's turnpike and stochastic relocation models of money: Do finite lives and initial dates matter?: Author(s): Joydeep Bhattacharya, Joseph Haslag, Antoine Martin; Journal of Economic Dynamics and Control, Vol. 30, No.5, pp. 879-897, 2006; [Abstract] [Download PDF] [Publisher's Link]
Agent-Based Computational Economics: A Constructive Approach to Economic Theory: Author(s): Leigh S. Tesfatsion; Handbook of Computational Economics, Vol. 2: Agent-Based Computational Economics, North-Holland/Elsevier, Amsterdam, the Netherlands, 2006; [Abstract] [Download PDF] [Publisher's Link]
A Toolbox for the Study of Linear Difference Rational Expectations Models: Author(s): P. Marcelo Oviedo; Economica, Vol. LI, No.Nro. 1/2, December, 2005; [Abstract]
What do Information Frictions do?: Author(s): Joydeep Bhattacharya, Shankha Chakraborty; Economic Theory, Vol. 26, No.3, pp. 651-675, October, 2005; [Abstract] [Download PDF] [Publisher's Link]
Termination of Dynamic Contracts in an Equilibrium Labor Market Model (2008 update): Author(s): Cheng Wang; ISU Economics Working Paper #05024, July 28, 2005; [Abstract] [Download PDF]
Is the Taylor Rule Missing? A Statistical Investigation: Author(s): Helle Bunzel, Walter Enders; ISU Economics Working Paper #05015, May 1, 2005; [Abstract] [Download PDF]
The Non-Monotonic Relationship Between Seigniorage and Inequality: Author(s): Joydeep Bhattacharya, Helle Bunzel, J. Haslag; Canadian Journal of Economics, Vol. 38, No.2, pp. 500-519, May, 2005; [Abstract] [Download PDF] [Publisher's Link]
Heterogeneity, Redistribution, and the Friedman Rule: Author(s): Joydeep Bhattacharya, Joseph Haslag, Antoine Martin; International Economic Review, May, 2005; [Abstract] [Download PDF]
A Toolbox for the Numerical Study of Linear Dynamic Rational Expectations Models: Author(s): P. Marcelo Oviedo; ISU Economics Working Paper #05002, January 26, 2005; [Abstract] [Download PDF]
Shocks and Business Cycles: Author(s): David M. Frankel, Krzysztof Burdzy; Advances in Theoretical Economics, Vol. 5, No.1, pp. paper no. 2, 2005; [Abstract] [Publisher's Link]
The Role of Money in Two Alternative Models: When is the Friedman Rule Optimal, and Why?: Author(s): Joydeep Bhattacharya, Joseph Haslag, Steven Russell; Journal of Monetary Economics, Vol. 52, No.8, pp. 1401-1433, 2005; [Abstract] [Download PDF] [Publisher's Link]
Market Cycles for a Non-Storable Product under Adjustment Costs: Author(s): David A. Hennessy, Harvey E. Lapan; ISU Economics Working Paper #04028, October 23, 2004; [Abstract] [Download PDF]
Testing Commitment Models of Monetary Policy: Evidence from OECD Economies: Author(s): Matthew Doyle, Barry L. Falk; ISU Economics Working Paper #04015, July 13, 2004; [Abstract] [Download PDF]
Taxation and Human Capital Accumulation: Author(s): Lutz A. Hendricks; Macroeconomic Dynamics, Vol. 8, No.3, pp. 310-334, 2004; [Abstract]
Can Financial Intermediation Induce Endogenous Fluctuations?: Author(s): Sanjay Banerji, Joydeep Bhattacharya, Long V Ngo; Journal of Economic Dynamics and Control, Vol. 28(11), pp. 2215-2238, 2004; [Abstract]
MONETARY POLICY AND THE DISTRIBUTION OF INCOME: Author(s): Joydeep Bhattacharya; ISU Economics Working Paper #03026, December 3, 2003; [Abstract] [Download PDF]
The Relative Importance of Aggregate and Disaggregate Shocks in Korean Business Cycles: Author(s): Gi Choon Kang, Peter Orazem; Journal of Asian Economics, Vol. 14, No.3, pp. 419-434, June, 2003; [Abstract] [Download PDF]
Is Reserve Ratio Arithmetic More Pleasant?: Author(s): Joydeep Bhattacharya, Joseph Haslag; Economica, Vol. 70, No.3, pp. 471-491, 2003; [Abstract]
Two-Period Cycles in a Three-Period Overlapping Generations Model: Author(s): Joydeep Bhattacharya, Steven Russell; Journal of Economic Theory, Vol. 109 , No.2, pp. 378-401, 2003; [Abstract] [Publisher's Link]
Monetary Policy, Fiscal Policy, and the Inflation Tax: Equivalence Results: Author(s): Joydeep Bhattacharya, Steven Russell, Joseph Haslag; Macroeconomic Dynamics, Vol. 7, No.5, pp. 647-669, 2003; [Abstract]
Taxation and Human Capital With Intergenerational Persistence: Author(s): Lutz A. Hendricks; Journal of Economic Dynamics and Control, Vol. 27, No.9, pp. 1639-1662, 2003; [Abstract]
Informational Externalities, Strategic Delay, and the Search for Optimal Policy: Author(s): Matthew Doyle; ISU Economics Working Paper #02012, September 25, 2002; [Abstract] [Download PDF]
Tight Money Policies and Inflation Revisited: Author(s): Joydeep Bhattacharya, N Kudoh; Canadian Journal of Economics, pp. 185-217, May, 2002; [Abstract]
On the use of the Inflation Tax when Non-Distortionary Taxes are Available: Author(s): Joydeep Bhattacharya, J. Haslag; Review of Economic Dynamics, Vol. 4, pp. 823-841, October, 2001; [Abstract]
Using Consumption and Asset Return Data to Estimate Farmers’ Time Preferences and Risk Attitudes: Author(s): Sergio H. Lence; American Journal of Agricultural Economics, Vol. 82, No.4, pp. 934-947, November, 2000; [Abstract] [Publisher's Link]
What Happened to the Phillips Curve in the 1990s in Canada: Author(s): Matthew Doyle, Paul Beaudry; Proceedings, of the Bank of Canada Conference: Price Stability and the Long-Run Target for Monetary Policy, Bank of Canada, Ottawa, Ontario, pp. 51-82, June 2000; [Abstract] [Download PDF]
Some Even More Unpleasant Monetarist Arithmetic: Author(s): Joydeep Bhattacharya, M. Guzman, B.D. Smith; Canadian Journal of Economics, August, 1998; [Abstract]
Price Level Volatility: A Simple Model of Money Taxes and Sunspots: Author(s): Joydeep Bhattacharya, M. Guzman, K. Shell; Journal of Economic Theory, Vol. 81, No.2, pp. 401-430, August, 1998; [Abstract] [Publisher's Link]
Unemployment, Credit Rationing, and Capital Accumulation: A Tale of Two Frictions: Author(s): Joydeep Bhattacharya, Caroline Betts; Economic Theory, Vol. 12, pp. 462-489, 1998; [Abstract]
Active Intermediation in a Monetary Overlapping Generations Economy: Author(s): Mark Pingle, Leigh Tesfatsion; Journal of Economic Dynamics and Control, Vol. 22, pp. 1543-1574, 1998; [Abstract] [Download PDF] [Publisher's Link]
Active Intermediation in Overlapping Generations Economies with Production and Unsecured Debt: Author(s): M. Pingle, Leigh Tesfatsion; Macroeconomic Dynamics, Vol. 2, pp. 183-212, 1998; [Abstract] [Download PDF]
Monetary, Fiscal, and Bank Regulatory Policy in a Simple Monetary Growth Model: Author(s): Joydeep Bhattacharya, E. Huybens, M. Guzman, B.D. Smith; International Economic Review, Vol. 38, pp. 321-351, May, 1997; [Abstract]
Credit Market Imperfections, Income Distribution, and Capital Accumulation: Author(s): Joydeep Bhattacharya; Economic Theory, Vol. 11, pp. 171-200, 1997; [Abstract]
Overlapping Generations, Intermediation, and the First Welfare Theorem: Author(s): M. Pingle, Leigh S. Tesfatsion; Journal of Economic Behavior and Organization, Vol. 15, pp. 325-345, November, 1991; [Abstract] [Publisher's Link]
Measuring the Nearness of Modern Near-monies: Evidence from the 1980's: Author(s): John R. Schroeter, Jean A. Gauger; Journal of Macroeconomics, Vol. 12, No.2, pp. 247-261, Spring, 1990; [Abstract]
U.S. Money Demand Instability: A Flexible Least Squares Approach: Author(s): Leigh S. Tesfatsion, J. Veitch; Journal of Economic Dynamics and Control, Vol. 14, No.1, pp. 151-173, February, 1990; [Abstract] [Publisher's Link]
Time Inconsistency of Benevolent Government Economies: Author(s): Leigh S. Tesfatsion; Journal of Public Economics, Vol. 31, pp. 25-52, 1986; [Abstract] [Publisher's Link]
Welfare Implications of Net Social Security Wealth: Author(s): Leigh S. Tesfatsion; Journal of Public Economics, Vol. 24, pp. 1-27, 1984; [Abstract] [Publisher's Link]
Macro Implications of Government Redistributive Tax-Transfer Policies: Author(s): Leigh S. Tesfatsion; Journal of Public Economics, Vol. 19, pp. 139-169, 1982; [Abstract] [Publisher's Link]