Details about Benjamin R. Lester

Access statistics for papers by Benjamin R. Lester.

Last updated 2017-04-05. Update your information in the RePEc Author Service.

Short-id: ple283

Working Papers

2017

1. Screening and Adverse Selection in Frictional Markets
   Working Papers, Federal Reserve Bank of Philadelphia
   Also in 2015 Meeting Papers, Society for Economic Dynamics (2015) View citations (6)
   NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (6)
   Working Papers, Federal Reserve Bank of Philadelphia (2016) View citations (4)

2016

2. Adverse Selection, Search Frictions and Liquidity in Financial Markets
   2016 Meeting Papers, Society for Economic Dynamics
3. Competing with Asking Prices
   CESifo Working Paper Series, CESifo Group Munich View citations (2)
   Also in Working Papers, Federal Reserve Bank of Philadelphia (2013) View citations (5)
   IZA Discussion Papers, Institute for the Study of Labor (IZA) (2013) View citations (7)
   UC3M Working papers. Economics, Universidad Carlos III de Madrid. Departamento de Economía (2014)
   Working Papers, University of Toronto, Department of Economics (2013) View citations (11)
   ESE Discussion Papers, Edinburgh School of Economics, University of Edinburgh (2015) View citations (2)
   2015 Meeting Papers, Society for Economic Dynamics (2015) View citations (2)
   See also Journal Article in Theoretical Economics (2017)
4. Excess Reserves and Monetary Policy Implementation
   Working Papers, Federal Reserve Bank of Philadelphia View citations (4)
   See also Journal Article in Review of Economic Dynamics (2017)
5. Heterogeneity in decentralized asset markets
   2016 Meeting Papers, Society for Economic Dynamics View citations (2)
   Also in Swiss Finance Institute Research Paper Series, Swiss Finance Institute
   Working Papers, Federal Reserve Bank of Philadelphia (2015) View citations (5)
   NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (8)
6. INFORMATION SPILLOVERS, GAINS FROM TRADE, AND INTERVENTIONS IN FROZEN MARKETS
   Working Papers, Federal Reserve Bank of Philadelphia View citations (1)
   See also Journal Article in Review of Financial Studies (2016)
7. Interviews and the Assignment of Workers to Firms
   2016 Meeting Papers, Society for Economic Dynamics

2015

8. Excess Reserves and Monetary Policy Normalization
   2015 Meeting Papers, Society for Economic Dynamics View citations (4)
   Also in Working Papers, Federal Reserve Bank of Philadelphia (2015) View citations (2)

2014

9. Competing for Order Flow in OTC Markets
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
   Also in Working Papers, Federal Reserve Bank of Philadelphia (2014) View citations (9)
   See also Journal Article in Journal of Money, Credit and Banking (2015)
10. Competing with Asking Prices (first version)
    ESE Discussion Papers, Edinburgh School of Economics, University of Edinburgh View citations (2)
11. Decentralized Asset Markets with a Continuum of Types
    2014 Meeting Papers, Society for Economic Dynamics
12. Meeting Technologies and Optimal Trading Mechanisms in Competitive Search Markets
    Working Papers, University of Toronto, Department of Economics View citations (2)
    Also in ESE Discussion Papers, Edinburgh School of Economics, University of Edinburgh (2014)
    2014 Meeting Papers, Society for Economic Dynamics (2014)
    Working Papers, Federal Reserve Bank of Philadelphia (2014)
    UC3M Working papers. Economics, Universidad Carlos III de Madrid. Departamento de Economía (2014)
    IZA Discussion Papers, Institute for the Study of Labor (IZA) (2014)
    See also Journal Article in Journal of Economic Theory (2015)
13. OTC Trading vs. Exchanges: A welfare comparison
    2014 Meeting Papers, Society for Economic Dynamics

2013

14. Subsidizing price discovery
    Working Papers, Federal Reserve Bank of Philadelphia View citations (2)
    Also in 2012 Meeting Papers, Society for Economic Dynamics (2012) View citations (6)

2012

15. Asking Prices and Inspection Goods
    2012 Meeting Papers, Society for Economic Dynamics
16. Interviews and the Assignment of Workers to Jobs
    2012 Meeting Papers, Society for Economic Dynamics View citations (3)

2011

17. Trading Dynamics in Decentralized Markets with Adverse Selection
    2011 Meeting Papers, Society for Economic Dynamics View citations (8)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2011) View citations (25)
    2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (1)
    See also Journal Article in Journal of Economic Theory (2014)

2010

18. Information, Liquidity, Asset Prices and Monetary Policy, Second Version
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania

2008

19. Endogenous, State-Dependent Matching with Implications for the Cyclical Behavior of Unemployment
    2008 Meeting Papers, Society for Economic Dynamics
20. Information, Liquidity and Asset Prices
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (15)

2006

21. A Model of Interbank Settlement
    2006 Meeting Papers, Society for Economic Dynamics View citations (3)

Journal Articles

2017

1. Competing with asking prices
   Theoretical Economics, 2017, 12, (2) View citations (6)
   See also Working Paper (2016)
2. Excess Reserves and Monetary Policy Implementation
   Review of Economic Dynamics, 2017, 23, 212-235
   See also Working Paper (2016)
   Software Item (2016)

2016

3. Information Spillovers, Gains from Trade, and Interventions in Frozen Markets
   Review of Financial Studies, 2016, 29, (5), 1291-1329 View citations (1)
   See also Working Paper (2016)

2015

4. Competing for Order Flow in OTC Markets
   Journal of Money, Credit and Banking, 2015, 47, (S2), 77-126 View citations (3)
   See also Working Paper (2014)
5. Meeting technologies and optimal trading mechanisms in competitive search markets
   Journal of Economic Theory, 2015, 155, (C), 1-15 View citations (18)
   See also Working Paper (2014)
6. Why ask? the role of asking prices in transactions
   Business Review, 2015, (Q4), 1-4 View citations (2)

2014

7. Trading dynamics in decentralized markets with adverse selection
   Journal of Economic Theory, 2014, 153, (C), 534-568 View citations (14)
   See also Working Paper (2011)

2013

8. Breaking the ice: government interventions in frozen markets
   Business Review, 2013, (Q4), 19-25 View citations (2)

2012

9. Information Acquisition and the Exclusion of Evidence in Trials
   Journal of Law, Economics and Organization, 2012, 28, (1), 163-182 View citations (2)
10. Information, Liquidity, Asset Prices, and Monetary Policy
    Review of Economic Studies, 2012, 79, (3), 1209-1238 View citations (79)

2011

11. Information and Liquidity
    Journal of Money, Credit and Banking, 2011, 43, 355-377 View citations (37)
12. Information and Prices with Capacity Constraints
    American Economic Review, 2011, 101, (4), 1591-1600 View citations (23)

2010

13. Directed search with multi-vacancy firms
    Journal of Economic Theory, 2010, 145, (6), 2108-2132 View citations (22)

2009

14. Settlement Systems
    The B.E. Journal of Macroeconomics, 2009, 9, (1), 1-35 View citations (3)

Software Items

2016

1. Code and data files for "Excess Reserves and Monetary Policy Implementation"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2017)