Details about Borys Grochulski

Access statistics for papers by Borys Grochulski.

Last updated 2023-03-16. Update your information in the RePEc Author Service.

Short-id: pgr311

Working Papers

2024

1. Real Estate Commissions and Homebuying
   Working Paper, Federal Reserve Bank of Richmond

2018

2. Contingent Debt and Performance Pricing in an Optimal Capital Structure Model with Financial Distress and Reorganization
   Working Paper, Federal Reserve Bank of Richmond

2017

3. Optimal Contracts with Reflection
   2017 Meeting Papers, Society for Economic Dynamics
   Also in Working Paper, Federal Reserve Bank of Richmond (2016) View citations (2)
4. Optimal Incentive Contracts with Job Destruction Risk
   Working Paper, Federal Reserve Bank of Richmond

2015

5. Optimal Liquidity Regulation With Shadow Banking
   Working Paper, Federal Reserve Bank of Richmond View citations (12)

2013

6. Market-based incentives
   Working Paper, Federal Reserve Bank of Richmond
   Also in MPRA Paper, University Library of Munich, Germany (2013) View citations (4)
   2013 Meeting Papers, Society for Economic Dynamics (2013)
   See also Journal Article MARKET‐BASED INCENTIVES, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2017) View citations (1) (2017)

2011

7. On the optimality of Ramsey taxes in Mirrlees economies
   2011 Meeting Papers, Society for Economic Dynamics
   Also in Working Paper, Federal Reserve Bank of Richmond (2010)

2009

8. Borrowing Constraint as an Optimal Contract
   MPRA Paper, University Library of Munich, Germany

2008

9. Nonseparable Preferences and Optimal Social Security Systems
   2008 Meeting Papers, Society for Economic Dynamics View citations (6)
   Also in Working Papers, University of Minnesota, Department of Economics (2007) View citations (6)
   Levine's Bibliography, UCLA Department of Economics (2007) View citations (6)
   NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (8)
   See also Journal Article Nonseparable preferences and optimal social security systems, Journal of Economic Theory, Elsevier (2010) View citations (20) (2010)
10. Optimal personal bankruptcy design: A Mirrlees approach
    Working Paper, Federal Reserve Bank of Richmond View citations (5)
    Also in 2007 Meeting Papers, Society for Economic Dynamics (2007) View citations (1)

2007

11. Risky human capital and deferred capital income taxation
    Working Paper, Federal Reserve Bank of Richmond View citations (10)
    See also Journal Article Risky human capital and deferred capital income taxation, Journal of Economic Theory, Elsevier (2010) View citations (38) (2010)

2006

12. Optimal Wealth Taxes with Risky Human Capital
    2006 Meeting Papers, Society for Economic Dynamics View citations (1)
    Also in Working Paper, Federal Reserve Bank of Richmond (2005) View citations (5)

Journal Articles

2024

1. Real Estate Commissions and Home Search Efficiency
   Richmond Fed Economic Brief, 2024, 24, (08)

2023

2. Removing Conflict of Interest for Agents of Homebuyers
   Richmond Fed Economic Brief, 2023, 23, (34)

2022

3. When Should Employees Be Suspended Instead of Fired?
   Richmond Fed Economic Brief, 2022, 22, (45)

2021

4. Mortgage Refinance Costs and a Better Adjustable-Rate Mortgage Contract
   Richmond Fed Economic Brief, 2021, 21, (38)

2020

5. Federal Reserve MBS Purchases in Response to the COVID-19 Pandemic
   Richmond Fed Economic Brief, 2020, 20, (08), 5pgs.

2019

6. Optimal liquidity policy with shadow banking
   Economic Theory, 2019, 68, (4), 967-1015 View citations (3)
7. Wealth Effects with Endogenous Retirement
   Economic Quarterly, 2019, (3Q), 173-200

2018

8. Cyclical Properties of Bank Margins: Small versus Large Banks
   Economic Quarterly, 2018, (1Q), 1-33 View citations (2)
9. The Differing Effects of the Business Cycle on Small and Large Banks
   Richmond Fed Economic Brief, 2018, (November) View citations (1)

2017

10. MARKET‐BASED INCENTIVES
    International Economic Review, 2017, 58, (2), 331-382 View citations (1)
    See also Working Paper Market-based incentives, Working Paper (2013) (2013)

2014

11. Optimal Institutions in Economies with Private Information: Exclusive Contracts, Taxes, and Bankruptcy Law
    Economic Quarterly, 2014, (4Q), 353-385
12. Understanding Market Failure in the 2007-08 Crisis
    Richmond Fed Economic Brief, 2014, (Dec)

2013

13. Pecuniary Externalities, Segregated Exchanges, and Market Liquidity in a Diamond-Dybvig Economy with Retrade
    Economic Quarterly, 2013, (4Q), 305-340 View citations (2)
14. Saving for Retirement with Job Loss Risk
    Economic Quarterly, 2013, (1Q), 45-81 View citations (5)

2011

15. Financial firm resolution policy as a time-consistency problem
    Economic Quarterly, 2011, 97, (2Q), 133-152 View citations (2)
16. Optimal Contracts for Housing Services Purchases
    Economic Quarterly, 2011, (1Q), 67-93 View citations (3)
17. Optimal risk sharing and borrowing constraints in a continuous-time model with limited commitment
    Journal of Economic Theory, 2011, 146, (6), 2356-2388 View citations (30)

2010

18. Nonseparable preferences and optimal social security systems
    Journal of Economic Theory, 2010, 145, (6), 2055-2077 View citations (20)
    See also Working Paper Nonseparable Preferences and Optimal Social Security Systems, 2008 Meeting Papers (2008) View citations (6) (2008)
19. Optimal Personal Bankruptcy Design under Moral Hazard
    Review of Economic Dynamics, 2010, 13, (2), 350-378 View citations (16)
20. Risky human capital and deferred capital income taxation
    Journal of Economic Theory, 2010, 145, (3), 908-943 View citations (38)
    See also Working Paper Risky human capital and deferred capital income taxation, Working Paper (2007) View citations (10) (2007)

2009

21. Distortionary taxation for efficient redistribution
    Economic Quarterly, 2009, 95, (Sum), 235-267 View citations (1)
22. Systemic risk regulation and the "too big to fail" problem
    Richmond Fed Economic Brief, 2009, (Jul) View citations (1)

2008

23. Comment on: "Optimal human capital policies" by Bohacek and Kapicka
    Journal of Monetary Economics, 2008, 55, (1), 17-20
24. Limits to redistribution and intertemporal wedges: implications of Pareto optimality with private information
    Economic Quarterly, 2008, 94, (Spr), 173-196 View citations (2)

2007

25. Opinion: When disclosure is not enough
    Econ Focus, 2007, 11, (Fall), 52
26. Optimal nonlinear income taxation with costly tax avoidance
    Economic Quarterly, 2007, 93, (Win), 77-109 View citations (23)

2004

27. Allen and Gale on risk-taking and competition in banking
    Finance Research Letters, 2004, 1, (4), 236-240 View citations (4)