Details about Thomas Cooley

E-mail:
Homepage:	http://www.stern.nyu.edu/~tcooley
Workplace:	Economics Department, Stern School of Business, New York University, (more information at EDIRC)

Access statistics for papers by Thomas Cooley.

Last updated 2008-02-24. Update your information in the RePEc Author Service.

Short-id: pco35

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Working Papers

2009

1. A Theory of Firm Decline
   NBER Working Papers, National Bureau of Economic Research, Inc
2. Executive Compensation: Facts
   NBER Working Papers, National Bureau of Economic Research, Inc

2007

3. The Farm, the City and the Emergence of Social Security
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics (2006)
   NBER Working Papers, National Bureau of Economic Research, Inc (2007)

2005

4. Innovation and Imitation in a High Information Economy
   2005 Meeting Papers, Society for Economic Dynamics
5. Stock Grants as a Commitment Device
   Staff General Research Papers, Iowa State University, Department of Economics
   Also in Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics (2004)
   GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations
   See also Journal Article in Journal of Economic Dynamics and Control (2006)

2004

6. Aggregate Consequences of Limited Contract Enforceability
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2003) View citations
   See also Journal Article in Journal of Political Economy (2004)
7. Endogenous Social Security
   2004 Meeting Papers, Society for Economic Dynamics

2002

8. Common Currencies versus Monetary Independence
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

2000

9. THE WELFARE COST OF MARKET INCOMPLETENESS: OPTIMAL FINANCIAL CONTRACTS WITH NON-ENFORCEABILITY CONSTRAINTS
   Computing in Economics and Finance 2000, Society for Computational Economics
   Also in Econometric Society World Congress 2000 Contributed Papers, Econometric Society (2000)

1999

10. Financial Markets and Firm Dynamics
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations
    See also Journal Article in American Economic Review (2001)
11. Optimal Time-Consistent Monetary Policy in a Phillips Curve World
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations

1997

12. The Replacement Problem
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) View citations
    Also in Working Papers, Centro de Investigacion Economica, ITAM (1994) View citations
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1994) View citations
    UWO Department of Economics Working Papers, University of Western Ontario, Department of Economics (1995) View citations
    See also Journal Article in Journal of Monetary Economics (1997)
13. Unanticipated Money
    Economics Series, Institute for Advanced Studies View citations
    See also Journal Article in Journal of Money, Credit and Banking (1997)

1996

14. The Welfare Costs of Nominal Wage Contracting
    Cahiers de recherche CREFE / CREFE Working Papers, CREFE, Université du Québec à Montréal View citations
    See also Journal Article in Review of Economic Studies (1997)
15. Will Social Security Survive the Baby Boom?
    Working Papers, Rochester, Business - General View citations
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (1996)

1994

16. Equilibrium business cycles with idle resources and variable capacity utilization
    Working Papers, Federal Reserve Bank of Philadelphia
    See also Journal Article in Economic Theory (1995)

1993

17. Financial Markets, Specialization, and Learning by Doing
    Working Papers, Rochester, Business - Quantitative Methods Working Paper Series
    Also in RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (1991) View citations
    See also Journal Article in Research in Economics (1998)

1991

18. A Theory of Optimal Denomination for Gornment Liablities
    Working Papers, Rochester, Business - General
19. A Time Series Analysis of Real Wages, Consumption, and Asset returns Under Optimal Libor Contrecting: A Cointegration-Euler Equation Approach
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER)
20. Indivisible Assets, Equilibrium, and the Value of Intermediary Output
    Working Papers, Rochester, Business - General View citations
    Also in RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (1990)
21. Pricing Interest-Sensitive Claims when Interest Rates Have Stationary Components
    Working Papers, Rochester, Business - General View citations
22. Tax Distortions in a Neoclassical Monetary Economy
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) View citations
    Also in Working Papers, Rochester, Business - General (1991) View citations
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1991)
    See also Journal Article in Journal of Economic Theory (1992)
23. The Business Cycle with Nominal Contracts
    Working Papers, Rochester, Business - General View citations
    Also in RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (1991) View citations
    See also Journal Article in Economic Theory (1995)
24. The Welfare Costs of Moderate Inflations
    Working Papers, Rochester, Business - General View citations
    Also in RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (1991) View citations
    See also Journal Article in Journal of Money, Credit and Banking (1991)

1989

25. THE CYCLICAL BEHAVIOR OF PRICES
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) View citations
    See also Journal Article in Journal of Monetary Economics (1991)

1988

26. ASYMPTOTIC LIKELIHOOD BASED PREDICTION FUNCTIONS
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) View citations
    See also Journal Article in Econometrica (1990)
27. EMPLOYMENT AND HOURS OVER THE BUSINESS CYCLE
    Working Papers, Rochester, Business - General View citations
    See also Journal Article in Journal of Economic Dynamics and Control (1994)
28. THE INFLATION TAX IN A REAL BUSINESS CYCLE MODEL
    Working Papers, Rochester, Business - General
    Also in UCLA Economics Working Papers, UCLA Department of Economics (1987) View citations
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (1988) View citations
    See also Journal Article in American Economic Review (1989)

1977

29. An Agricultural Time Series-Cross Section Data Set
    NBER Working Papers, National Bureau of Economic Research, Inc

1976

30. A Note on Optimal Smoothing for Time Varying Coefficient Problems
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Chapter (1977)
31. Identification Theory for Time Varying Models
    NBER Working Papers, National Bureau of Economic Research, Inc

1975

32. On the Identification of Time Varying Structures
    NBER Working Papers, National Bureau of Economic Research, Inc

1974

33. Comparison of Robust and Varying Parameter Estimates of a Macroeconometric Model
    NBER Working Papers, National Bureau of Economic Research, Inc
34. Varying-Parameter Supply Functions and the Sources of Economic Distress in American Agriculture, 1866-1914
    NBER Working Papers, National Bureau of Economic Research, Inc

Undated

35. Sensitivity of CEO Pay to Shareholder Wealth in a Dynamic Agency Model
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations

Journal Articles

2006

1. Monetary policy and the financial decisions of firms
   Economic Theory, 2006, 27, (1), 243-270 View citations
2. Stock grants as a commitment device
   Journal of Economic Dynamics and Control, 2006, 30, (11), 2191-2216 View citations
   See also Working Paper (2005)

2004

3. Aggregate Consequences of Limited Contract Enforceability
   Journal of Political Economy, 2004, 112, (4), 817-847 View citations
   See also Working Paper (2004)
4. Optimal monetary policy in a Phillips-curve world
   Journal of Economic Theory, 2004, 118, (2), 174-208 View citations

2003

5. Common Currencies vs. Monetary Independence
   Review of Economic Studies, 2003, 70, (4), 785-806 View citations
6. Innovation and Imitation in an Information Age
   Journal of the European Economic Association, 2003, 1, (2-3), 406-418 View citations
7. Society for Economic Dynamics: Interview of Thomas Cooley
   EconomicDynamics Newsletter, 2003, 5, (1)

2001

8. Financial Markets and Firm Dynamics
   American Economic Review, 2001, 91, (5), 1286-1310 View citations
   See also Working Paper (1999)
9. The Cost of Losing Monetary Independence: The Case of Mexico
   Journal of Money, Credit and Banking, 2001, 33, (2), 370-97 View citations
   Also in Proceedings, 2001, 370-403 (2001) View citations

1999

10. A Positive Theory of Social Security Based on Reputation
    Journal of Political Economy, 1999, 107, (1), 135-160 View citations
11. A neoclassical model of the Phillips curve relation
    Journal of Monetary Economics, 1999, 44, (2), 165-193 View citations
12. Government debt and social security in a life-cycle economy: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1999, 50, (1), 111-117 View citations
13. Privatizing Social Security
    Review of Economic Dynamics, 1999, 2, (3), 731-755 View citations

1998

14. Asymmetric information, financial intermediation, and business cycles
    Economic Theory, 1998, 12, (3), 599-620 View citations
15. Business cycle analysis without much theory A look at structural VARs
    Journal of Econometrics, 1998, 83, (1-2), 57-88 View citations
16. Financial markets, specialization, and learning by doing
    Research in Economics, 1998, 52, (4), 333-361 View citations
    See also Working Paper (1993)
17. The role of monetary shocks in equilibrium business cycle theory: Three examples
    European Economic Review, 1998, 42, (3-5), 605-617 View citations

1997

18. Calibrated Models
    Oxford Review of Economic Policy, 1997, 13, (3), 55-69 View citations
19. Postwar British Economic Growth and the Legacy of Keynes
    Journal of Political Economy, 1997, 105, (3), 439-72 View citations
20. The Welfare Cost of Nominal Wage Contracting
    Review of Economic Studies, 1997, 64, (3), 465-84 View citations
    See also Working Paper (1996)
21. The replacement problem
    Journal of Monetary Economics, 1997, 40, (3), 457-499 View citations
    See also Working Paper (1997)
22. Unanticipated Money Growth and the Business Cycle Reconsidered
    Journal of Money, Credit and Banking, 1997, 29, (4), 624-48 View citations
    Also in Proceedings, 1997, (Nov), 624-652 (1997) View citations
    See also Working Paper (1997)

1996

23. A Time Series Analysis of Real Wages, Consumption, and Asset Returns
    Journal of Applied Econometrics, 1996, 11, (2), 119-34 View citations
24. Will social security survive the baby boom?
    Carnegie-Rochester Conference Series on Public Policy, 1996, 45, (1), 89-121 View citations
    See also Working Paper (1996)

1995

25. Equilibrium Business Cycles with Idle Resources and Variable Capacity Utilization
    Economic Theory, 1995, 6, (1), 35-49 View citations
    See also Working Paper (1994)
26. Indivisible Assets, Equilibrium, and the Value of Intermediation
    Journal of Financial Intermediation, 1995, 4, (1), 48-76 View citations
27. The Business Cycle with Nominal Contracts
    Economic Theory, 1995, 6, (1), 13-33 View citations
    See also Working Paper (1991)
28. What do we know about how monetary policy affects the economy: a conference panel discussion
    Proceedings, 1995, (May), 127-141

1994

29. Employment and hours over the business cycle
    Journal of Economic Dynamics and Control, 1994, 18, (2), 411-432 View citations
    See also Working Paper (1988)

1993

30. A Theory of Optimal Denominations for Government Liabilities
    Economic Theory, 1993, 3, (4), 597-623
31. An Equilibrium Model of Nominal Bond Prices with Inflation-Output Correlation and Stochastic Volatility: Comment
    Journal of Money, Credit and Banking, 1993, 25, (3), 665-72

1992

32. Tax distortions in a neoclassical monetary economy
    Journal of Economic Theory, 1992, 58, (2), 290-316 View citations
    See also Working Paper (1991)

1991

33. The Welfare Costs of Moderate Inflations
    Journal of Money, Credit and Banking, 1991, 23, (3), 483-503 View citations
    Also in Proceedings, 1991, 483-518 (1991) View citations
    See also Working Paper (1991)
34. The cyclical behavior of prices
    Journal of Monetary Economics, 1991, 28, (1), 25-60 View citations
    See also Working Paper (1989)

1990

35. Asymptotic Likelihood-Based Prediction Functions
    Econometrica, 1990, 58, (5), 1215-34 View citations
    See also Working Paper (1988)

1989

36. Dynamic coalition formation and equilibrium policy selection
    Journal of Monetary Economics, 1989, 24, (2), 211-233
37. Predictive efficiency for simple non-linear models
    Journal of Econometrics, 1989, 40, (1), 33-44
38. Some welfare costs of monetary and fiscal policy
    Proceedings, 1989 View citations
39. The Inflation Tax in a Real Business Cycle Model
    American Economic Review, 1989, 79, (4), 733-48 View citations
    See also Working Paper (1988)

1987

40. Likelihood and other approaches to prediction in dynamic models
    Journal of Econometrics, 1987, 35, (1), 119-142
41. The Effects of Inflation-Induced Tax Increases on Stock and Housing Prices
    Scandinavian Journal of Economics, 1987, 89, (4), 421-34

1986

42. What Will Take the Con Out of Econometrics? A Reply Identification andEstimation of Money Demand
    American Economic Review, 1986, 76, (3), 504-07

1985

43. Atheoretical macroeconometrics: A critique
    Journal of Monetary Economics, 1985, 16, (3), 283-308 View citations
44. Individual forecasting and a ggregate outcomes: A review essay
    Journal of Monetary Economics, 1985, 15, (2), 255-266

1984

45. A New View of the Market Structure-Performance Debate
    Journal of Industrial Economics, 1984, 32, (4), 397-417 View citations
46. Comment
    Econometric Reviews, 1984, 3, (1), 101-104
47. Econometric Policy Evaluation: Note
    American Economic Review, 1984, 74, (3), 467-70 View citations

1982

48. A theory of growth controls
    Journal of Urban Economics, 1982, 12, (2), 129-145 View citations
49. Reply
    Econometric Reviews, 1982, 1, (1), 147-150
50. Specification analysis with discriminating priors: an application to the concentration profits debate
    Econometric Reviews, 1982, 1, (1), 97-128 View citations

1981

51. Identification and Estimation of Money Demand
    American Economic Review, 1981, 71, (5), 825-44 View citations

1977

52. Rational Expectations in American Agriculture, 1867-1914
    The Review of Economics and Statistics, 1977, 59, (1), 9-17 View citations

1976

53. Estimation in the Presence of Stochastic Parameter Variation
    Econometrica, 1976, 44, (1), 167-84 View citations

1973

54. An Adaptive Regression Model
    International Economic Review, 1973, 14, (2), 364-71 View citations
55. Tests of an Adaptive Regression Model
    The Review of Economics and Statistics, 1973, 55, (2), 248-56 View citations

Chapters

1977

1. A NOTE ON OPTIMAL SMOOTHING FOR TIME VARYING COEFFICIENT PROBLEMS
   A chapter in Annals of Economic and Social Measurement, Volume 6, number 4, 1977, pp 125-128
   See also Working Paper (1976)