Details about Stephen Williamson

Access statistics for papers by Stephen Williamson.

Last updated 2009-11-14. Update your information in the RePEc Author Service.

Short-id: pwi12

Working Papers

2006

1. Transactions, Credit, and Central Banking in a Model of Segmented Markets
   2006 Meeting Papers, Society for Economic Dynamics View citations
   See also Journal Article in Review of Economic Dynamics (2009)

2005

2. Monetary Policy and Distribution
   2005 Meeting Papers, Society for Economic Dynamics View citations
   See also Journal Article in Journal of Monetary Economics (2008)

2004

3. Search, Limited Participation, and Monetary Policy
   2004 Meeting Papers, Society for Economic Dynamics View citations
   See also Journal Article in International Economic Review (2006)

2002

4. Moral Hazard, Optimal Unemployment Insurance and Experience Rating
   Staff General Research Papers, Iowa State University, Department of Economics View citations
   Also in Working Papers, University of Iowa, Department of Economics (1999) View citations
   See also Journal Article in Journal of Monetary Economics (2002)

1998

5. Money and Dynamic Credit Arrangements with Private Information
   Game Theory and Information, EconWPA View citations
   Also in Working Paper, Federal Reserve Bank of Cleveland (1998) View citations
   Working Papers, University of Iowa, Department of Economics (1997)
   See also Journal Article in Journal of Economic Theory (2000)
6. Money, Credit, and Allocation Under Complete Dynamic Contracts and Incomplete Markets
   Game Theory and Information, EconWPA
   Also in Working Papers, University of Iowa, Department of Economics (1997) View citations
7. Payments Systems with Random Matching and Private Information
   Game Theory and Information, EconWPA View citations
   Also in Working Papers, University of Iowa, Department of Economics (1997)
   See also Journal Article in Proceedings (1998)
8. Private Money
   Working Papers, University of Iowa, Department of Economics
   See also Journal Article in Journal of Money, Credit and Banking (1999)

1997

9. Credit in a Random Matching Model With Private Information
   Game Theory and Information, EconWPA View citations
   Also in Working Papers, University of Iowa, Department of Economics (1997) View citations
   See also Journal Article in Review of Economic Dynamics (1999)

1995

10. Discount Window Lending and Deposit Insurance
    Macroeconomics, EconWPA View citations
    Also in Working Papers, University of Iowa, Department of Economics (1995) View citations
    See also Journal Article in Review of Economic Dynamics (1998)
11. Unemployment Insurance with Moral Hazard in a Dynamic Economy
    Working Papers, University of Iowa, Department of Economics
    Also in Macroeconomics, EconWPA (1995) View citations
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business (1995)
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (1996)

1993

12. Adverse Selection in Credit Markets with Costly Screening
    Finance, EconWPA View citations

1991

13. Barter and Monetary Exchange Under Private Information
    University of Western Ontario, The Centre for the Study of International Economic Relations Working Papers, University of Western Ontario, The Centre for the Study of International Economic Relations
    Also in Staff Report, Federal Reserve Bank of Minneapolis (1991) View citations
14. Currency Elasticity and Banking Panics: theory and Evidence
    University of Western Ontario, The Centre for the Study of International Economic Relations Working Papers, University of Western Ontario, The Centre for the Study of International Economic Relations View citations
    See also Journal Article in Canadian Journal of Economics (1996)
15. Liquidity and Market Participation
    University of Western Ontario, The Centre for the Study of International Economic Relations Working Papers, University of Western Ontario, The Centre for the Study of International Economic Relations
    See also Journal Article in Journal of Economic Dynamics and Control (1994)

1989

16. INTERNATIONAL FINANCIAL INTERMEDIATION AND AGGREGATE FLUCTUATIONS UNDER ALTERNATIVE EXCHANGE RATE REGIMES
    University of Western Ontario, The Centre for the Study of International Economic Relations Working Papers, University of Western Ontario, The Centre for the Study of International Economic Relations View citations
    Also in RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (1988)
    Staff Report, Federal Reserve Bank of Minneapolis (1988) View citations
    See also Journal Article in Journal of Monetary Economics (1989)
17. Restrictions on financial intermediaries and implications for aggregate fluctuations: Canada and the United States, 1870-1913
    Staff Report, Federal Reserve Bank of Minneapolis View citations
    See also Chapter (1989)

1984

18. Costly Monitoring, Financial Intermediation, and Equilibrium Credit Rationing
    Working Papers, Queen's University, Department of Economics
    See also Journal Article in Journal of Monetary Economics (1986)
19. Costly Monitoring, Loan Contracts and Equilibrium Credit Rationing
    Working Papers, Queen's University, Department of Economics
    See also Journal Article in The Quarterly Journal of Economics (1987)
20. Product Selection in Financial Intermediation, Optimal Money Growth, and Central Bank Lending
    Working Papers, Queen's University, Department of Economics

Journal Articles

2009

1. Transactions, Credit, and Central Banking in a Model of Segmented Markets
   Review of Economic Dynamics, 2009, 12, (2), 344-362
   See also Working Paper (2006)

2008

2. Monetary policy and distribution
   Journal of Monetary Economics, 2008, 55, (6), 1038-1053
   See also Working Paper (2005)
3. New Keynesian economics: a monetary perspective
   Economic Quarterly, 2008, (Sum), 197-218 View citations

2006

4. SEARCH, LIMITED PARTICIPATION, AND MONETARY POLICY *
   International Economic Review, 2006, 47, (1), 107-128 View citations
   See also Working Paper (2004)

2005

5. COMMENT ON "THE DISTRIBUTION OF MONEY BALANCES AND THE NONNEUTRALITY OF MONEY," BY ALEKSANDER BERENTSEN, GABRIELE CAMERA, AND CHRISTOPHER WALLER
   International Economic Review, 2005, 46, (2), 489-493
6. Limited participation and the neutrality of money
   Economic Quarterly, 2005, (Spr), 1-20 View citations

2004

7. Comment on: "Payment system disruptions and the federal reserve following September 11, 2001"
   Journal of Monetary Economics, 2004, 51, (5), 967-970
8. Limited participation, private money, and credit in a spatial model of money
   Economic Theory, 2004, 24, (4), 857-875 View citations

2003

9. Payments systems and monetary policy
   Journal of Monetary Economics, 2003, 50, (2), 475-495 View citations

2002

10. Bruce Smith: Our Colleague and Friend
    EconomicDynamics Newsletter, 2002, 4, (1)
11. Moral hazard, optimal unemployment insurance, and experience rating
    Journal of Monetary Economics, 2002, 49, (7), 1337-1371 View citations
    See also Working Paper (2002)
12. Private money and counterfeiting
    Economic Quarterly, 2002, (Sum), 37-57 View citations

2001

13. Payments Systems Design in Deterministic and Private Information Environments
    Journal of Economic Theory, 2001, 99, (1-2), 297-326 View citations
14. Private money, settlement, and discounts
    Carnegie-Rochester Conference Series on Public Policy, 2001, 54, (1), 85-108 View citations

2000

15. Money and Dynamic Credit Arrangements with Private Information
    Journal of Economic Theory, 2000, 91, (2), 248-279 View citations
    See also Working Paper (1998)
16. The Research Agenda: Payment Systems and Private Money
    EconomicDynamics Newsletter, 2000, 2, (1)

1999

17. Credit in a Random Matching Model with Private Information
    Review of Economic Dynamics, 1999, 2, (1), 36-64 View citations
    See also Working Paper (1997)
18. Private Money
    Journal of Money, Credit and Banking, 1999, 31, (3), 469-91 View citations
    Also in Proceedings, 1999, 469-499 (1999) View citations
    See also Working Paper (1998)

1998

19. Debt Contracts with Financial Intermediation with Costly Screening
    Canadian Journal of Economics, 1998, 31, (3), 573-595 View citations
20. Discount Window Lending and Deposit Insurance
    Review of Economic Dynamics, 1998, 1, (1), 246-275 View citations
    See also Working Paper (1995)
21. Payment systems with random matching and private information
    Proceedings, 1998, (Aug), 551-572 View citations
    Also in Journal of Money, Credit and Banking, 1998, 30, (3), 551-69 (1998) View citations
    See also Working Paper (1998)

1996

22. Currency Elasticity and Banking Panics: Theory and Evidence
    Canadian Journal of Economics, 1996, 29, (4), 828-64 View citations
    See also Working Paper (1991)
23. Real business cycle research comes of age: A review essay
    Journal of Monetary Economics, 1996, 38, (1), 161-170 View citations
24. Sequential markets and the suboptimality of the Friedman rule
    Journal of Monetary Economics, 1996, 37, (3), 549-572 View citations
    Also in Proceedings, 1994, (Apr) (1994)
25. Unemployment insurance with moral hazard in a dynamic economy
    Carnegie-Rochester Conference Series on Public Policy, 1996, 44, (1), 1-41 View citations
    See also Working Paper (1995)

1995

26. Financial Intermediation and Monetary Policy in a General Equilibrium Banking Model: Comment
    Journal of Money, Credit and Banking, 1995, 27, (4), 1319-20

1994

27. Do Informational Frictions Justify Federal Credit Programs?
    Journal of Money, Credit and Banking, 1994, 26, (3), 523-44 View citations
    Also in Proceedings, 1994, 523-551 (1994) View citations
28. Liquidity and market participation
    Journal of Economic Dynamics and Control, 1994, 18, (3-4), 629-670 View citations
    See also Working Paper (1991)

1992

29. Laissez-faire banking and circulating media of exchange
    Journal of Financial Intermediation, 1992, 2, (2), 134-167 View citations

1990

30. Sectoral Shifts, Labor Market Sorting, and Aggregate Fluctuations
    International Economic Review, 1990, 31, (4), 935-52 View citations

1989

31. Bank failures, financial restrictions, and aggregate fluctuations: Canada and the United States, 1870-1913
    Quarterly Review, 1989, (Sum), 20-40
32. International financial intermediation and aggregate fluctuations under alternative exchange rate regimes
    Journal of Monetary Economics, 1989, 23, (3), 401-431 View citations
    See also Working Paper (1989)

1988

33. Liquidity, Banking, and Bank Failures
    International Economic Review, 1988, 29, (1), 25-43

1987

34. Costly Monitoring, Loan Contracts, and Equilibrium Credit Rationing
    The Quarterly Journal of Economics, 1987, 102, (1), 135-45 View citations
    See also Working Paper (1984)
35. Financial Intermediation, Business Failures, and Real Business Cycles
    Journal of Political Economy, 1987, 95, (6), 1196-1216 View citations
36. Recent developments in modeling financial intermediation
    Quarterly Review, 1987, (Sum), 19-29 View citations
37. Transactions Costs, Inflation, and the Variety of Intermediation Services
    Journal of Money, Credit and Banking, 1987, 19, (4), 484-98 View citations

1986

38. Costly monitoring, financial intermediation, and equilibrium credit rationing
    Journal of Monetary Economics, 1986, 18, (2), 159-179 View citations
    See also Working Paper (1984)
39. Increasing Returns to Scale in Financial Intermediation and the Non-neuturality of Government Policy
    Review of Economic Studies, 1986, 53, (5), 863-75 View citations

Chapters

1989

1. Restrictions on Financial Intermediaries and Implications for Aggregate Fluctuations: Canada and the United States 1870-1913
   A chapter in NBER Macroeconomics Annual 1989, Volume 4, 1989, pp 303-350 View citations
   See also Working Paper (1989)