Details about Christopher Waller

Access statistics for papers by Christopher Waller.

Last updated 2012-12-13. Update your information in the RePEc Author Service.

Short-id: pwa65

Working Papers

2013

1. Floor systems for implementing monetary policy: Some unpleasant fiscal arithmetic
   ECON - Working Papers, Department of Economics - University of Zurich

2012

2. Demographics, Redistribution, and Optimal Inflation
   IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan
   See also Journal Article in Speech (2012)
3. Optimal disclosure policy and undue diligence
   Working Papers, Federal Reserve Bank of St. Louis
   Also in ECON - Working Papers, Department of Economics - University of Zurich (2011)

2011

4. Quantifying the shadow economy: measurement with theory
   Working Papers, Federal Reserve Bank of St. Louis

2010

5. Channel Systems: Why is there a Positive Spread?
   CESifo Working Paper Series, CESifo Group Munich
   Also in IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich (2010)
   Working Papers, Federal Reserve Bank of St. Louis (2010)
6. Introduction to the macroeconomic dynamics: special issues on money, credit, and liquidity
   Working Paper Series, Federal Reserve Bank of Chicago
   See also Journal Article in Macroeconomic Dynamics (2011)
7. Outside versus Inside Bonds: A Modigliani-Miller Type Result for Liquidity Constrained Economies
   CESifo Working Paper Series, CESifo Group Munich
   Also in IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich (2009) View citations (3)
   Working Papers, Federal Reserve Bank of St. Louis (2009) View citations (1)

2009

8. Dynamic taxation, private information and money
   Working Papers, Federal Reserve Bank of St. Louis View citations (8)
   Also in 2008 Meeting Papers, Society for Economic Dynamics (2008)
9. Money and capital: a quantitative analysis
   Working Papers, Federal Reserve Bank of St. Louis View citations (4)
10. Optimal Stabilization with Endogenous Firm Entry
    2009 Meeting Papers, Society for Economic Dynamics View citations (2)
11. Optimal stabilization policy with endogenous firm entry
    Working Papers, Federal Reserve Bank of St. Louis View citations (5)
12. Price level targeting and stabilization policy
    Working Papers, Federal Reserve Bank of St. Louis View citations (3)
    See also Journal Article in Journal of Money, Credit and Banking (2011)
13. Random matching and money in the neoclassical growth model: some analytical results
    Working Papers, Federal Reserve Bank of St. Louis View citations (7)
    See also Journal Article in Macroeconomic Dynamics (2011)

2008

14. Outside Versus Inside Bonds
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (10)

2007

15. Money and capital
    Working Paper, Federal Reserve Bank of Cleveland View citations (18)
    Also in 2005 Meeting Papers, Society for Economic Dynamics (2005) View citations (19)
    See also Journal Article in Journal of Monetary Economics (2011)
16. The Societal Benefits of Outside versus Inside Bonds
    2007 Meeting Papers, Society for Economic Dynamics View citations (2)

2005

17. Bargaining and the value of money
    Working Paper, Federal Reserve Bank of Cleveland View citations (8)
    See also Journal Article in Journal of Monetary Economics (2007)
18. Bargaining in Monetary Economies
    2005 Meeting Papers, Society for Economic Dynamics View citations (2)
19. Intensive vs Extensive Margin Tradeoffs in a Simple Monetary Search Model
    Working Papers ERMES, ERMES, University Paris 2
    See also Journal Article in Annales d'Economie et de Statistique (2007)
20. Money, Credit and Banking
    CESifo Working Paper Series, CESifo Group Munich View citations (17)
    Also in IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (21)
    See also Journal Article in Journal of Economic Theory (2007)
21. Optimal Stabilization Policies in a Model with Financial Intermediation
    2005 Meeting Papers, Society for Economic Dynamics
22. Optimal Stabilization Policy with Flexible Prices
    CESifo Working Paper Series, CESifo Group Munich View citations (6)

2003

23. Currency competition in a fundamental model of money
    Working Paper, Federal Reserve Bank of Cleveland View citations (1)
    See also Journal Article in Journal of International Economics (2004)

2002

24. Central bank design in general equilibrium
    Working Papers, Federal Reserve Bank of St. Louis View citations (7)
    See also Journal Article in Journal of Money, Credit and Banking (2004)

2001

25. Currency Portfolios and Currency Exchange in a Search Economy
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank, Research Centre View citations (1)

1999

26. Corruption: Top Down or Bottom Up?
    Working Papers, Laval - Laboratoire Econometrie View citations (9)
    Also in DELTA Working Papers, DELTA (Ecole normale supérieure) (1999)
    See also Journal Article in Economic Inquiry (2002)
27. Currency Portfolios and Nominal Exchange Rates in a Dual Currency Search Economy
    Working Papers, London School of Economics - Centre for Labour Economics View citations (4)
    Also in Working Paper, Federal Reserve Bank of Cleveland (1999) View citations (7)

1998

28. Appointing the median voter of a policy board
    Working Paper, Federal Reserve Bank of Cleveland View citations (3)

1997

29. A Search Theoretic Model of Legal and Illegal Currency
    Working Papers, Indiana - Center for Econometric Model Research View citations (5)
    See also Journal Article in Journal of Monetary Economics (2000)

1993

30. Central Banking as a Political Principal-Agent Problem
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (16)
    See also Journal Article in Economic Inquiry (1997)

1992

31. From EMS to EMU
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
32. The Maastricht Way to EMU
    Princeton Studies in International Economics, International Economics Section, Departement of Economics Princeton University, View citations (15)

1989

33. Discretion, wage indexation, and inflation
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (5)
34. Discretionary monetary policy and socially efficient wage indexation
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (2)
    See also Journal Article in The Quarterly Journal of Economics (1992)

Undated

35. The Distribution of Money Balances and the Non-Neutrality of Money
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (22)
    See also Journal Article in International Economic Review (2005)
36. The Distribution of Money and Prices in an Equilibrium with Lotteries
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (4)
    See also Journal Article in Economic Theory (2004)

Journal Articles

2012

1. Demographics, redistribution, and optimal inflation
   Speech, 2012, (May 30)
   See also Working Paper (2012)
2. Sovereign debt: a modern Greek tragedy
   Review, 2012, (September), 321-340
   Also in Annual Report, 2010, 4-19 (2010) View citations (1)

2011

3. INTRODUCTION TO THE MACROECONOMIC DYNAMICS SPECIAL ISSUES ON MONEY, CREDIT, AND LIQUIDITY
   Macroeconomic Dynamics, 2011, 15, (S1), 1-9
   See also Working Paper (2010)
4. Independence + accountability: why the Fed is a well-designed central bank
   Review, 2011, (Sep), 293-302
5. Money and capital
   Journal of Monetary Economics, 2011, 58, (2), 98-116 View citations (13)
   See also Working Paper (2007)
6. Outside versus inside bonds: A Modigliani–Miller type result for liquidity constrained economies
   Journal of Economic Theory, 2011, 146, (5), 1852-1887
7. Price‐Level Targeting and Stabilization Policy
   Journal of Money, Credit and Banking, 2011, 43, 559-580 View citations (1)
   See also Working Paper (2009)
8. RANDOM MATCHING AND MONEY IN THE NEOCLASSICAL GROWTH MODEL: SOME ANALYTICAL RESULTS
   Macroeconomic Dynamics, 2011, 15, (S2), 293-312 View citations (2)
   See also Working Paper (2009)

2007

9. Bargaining and the value of money
   Journal of Monetary Economics, 2007, 54, (8), 2636-2655 View citations (30)
   See also Working Paper (2005)
10. Heterogeneity and Lotteries in Monetary Search Models
    Journal of Money, Credit and Banking, 2007, 39, (2-3), 703-712 View citations (2)
11. Intensive vs extensive margin tradeoffs in a simple monetary search model
    Annales d'Economie et de Statistique, 2007, (86), 139-148
    See also Working Paper (2005)
12. Money, credit and banking
    Journal of Economic Theory, 2007, 135, (1), 171-195 View citations (79)
    See also Working Paper (2005)

2005

13. THE DISTRIBUTION OF MONEY BALANCES AND THE NONNEUTRALITY OF MONEY
    International Economic Review, 2005, 46, (2), 465-487 View citations (41)
    See also Working Paper

2004

14. Central Bank Design in General Equilibrium
    Journal of Money, Credit and Banking, 2004, 36, (1), 95-113 View citations (15)
    See also Working Paper (2002)
15. Currency competition in a fundamental model of money
    Journal of International Economics, 2004, 64, (2), 521-544 View citations (10)
    See also Working Paper (2003)
16. Dollarization and currency exchange
    Journal of Monetary Economics, 2004, 51, (4), 671-689 View citations (8)
17. The distribution of money and prices in an equilibrium with lotteries
    Economic Theory, 2004, 24, (4), 887-906 View citations (10)
    See also Working Paper

2003

18. Can monetizing trade lower welfare? An example
    Economics Letters, 2003, 81, (2), 179-186 View citations (1)
19. Currency restrictions, government transaction policies and currency exchange
    Economic Theory, 2003, 21, (1), 19-42 View citations (7)
20. Jack of All Trades or a Master of One? Specialization, Trade, and Money
    International Economic Review, 2003, 44, (4), 1275-1294 View citations (7)

2002

21. Corruption: Top Down or Bottom Up?
    Economic Inquiry, 2002, 40, (4), 688-703 View citations (7)
    See also Working Paper (1999)
22. Modeling monetary economies Bruce Champ and Scott Freeman, 2001, pp. 325
    Atlantic Economic Journal, 2002, 30, (2), 213-217

2000

23. A search-theoretic model of legal and illegal currency
    Journal of Monetary Economics, 2000, 45, (1), 155-184 View citations (12)
    See also Working Paper (1997)
24. Dual-currency economies as multiple-payment systems
    Economic Review, 2000, (Q I), 2-13 View citations (9)
25. Policy Boards And Policy Smoothing
    The Quarterly Journal of Economics, 2000, 115, (1), 305-339 View citations (29)

1999

26. Assessing the political viability of labor market reform: the case of employment protection - commentary
    Review, 1999, (May), 89-92 View citations (1)

1997

27. A BENEFIT-COST ANALYSIS OF DISINFLATION
    Contemporary Economic Policy, 1997, 15, (1), 50-64 View citations (5)
28. Central Banking as a Political Principal-Agent Problem
    Economic Inquiry, 1997, 35, (2), 378-93 View citations (24)
    See also Working Paper (1993)

1996

29. Central-Bank Independence, Economic Behavior, and Optimal Term Lengths
    American Economic Review, 1996, 86, (5), 1139-53 View citations (31)

1995

30. Performance contracts for central bankers
    Review, 1995, (Sep), 3-14 View citations (14)

1994

31. An expository model of credit rationing
    Journal of Macroeconomics, 1994, 16, (3), 539-545 View citations (3)

1992

32. A bargaining model of partisan appointments to the central bank
    Journal of Monetary Economics, 1992, 29, (3), 411-428 View citations (29)
33. Discretionary Monetary Policy and Socially Efficient Wage Indexation
    The Quarterly Journal of Economics, 1992, 107, (4), 1451-60 View citations (8)
    See also Working Paper (1989)
34. The Choice of a Conservative Central Banker in a Multisector Economy
    American Economic Review, 1992, 82, (4), 1006-12 View citations (23)

1991

35. Bashing and Coercion in Monetary Policy
    Economic Inquiry, 1991, 29, (1), 1-13 View citations (6)

1990

36. Administering the window: A game-theoretic model of discount-window borrowing
    Journal of Monetary Economics, 1990, 25, (2), 273-287 View citations (5)

1989

37. Efficiency wages, wage indexation and macroeconomic stabilization
    Economics Letters, 1989, 30, (2), 125-128 View citations (6)
38. Endogenous wage indexation and optimal monetary policy with and without a balanced budget
    Journal of Economics and Business, 1989, 41, (1), 21-31 View citations (3)
39. Islands, Indexation and Monetary Policy
    Economic Inquiry, 1989, 27, (4), 705-17
40. Monetary Policy Games and Central Bank Politics
    Journal of Money, Credit and Banking, 1989, 21, (4), 422-31 View citations (14)
41. Optimal monetary policy and alternative wage indexation schemes in a model with interest-sensitive labor supply
    Journal of Macroeconomics, 1989, 11, (2), 163-180 View citations (1)

1987

42. Reputation building in a monetary policy game
    Journal of Macroeconomics, 1987, 9, (3), 351-371