Nicholas Trachter
Federal Reserve Bank of Richmond
Contact Information and Vitae
Contact Information:
Email: trachter@gmail.com
Mail: Research Department, Federal Reserve Bank of Richmond, P.O. Box 27622, Richmond VA 23261
Personal Information:
Date of birth: October 5th, 1979.
Citizenship: US citizen.
Languages: English (fluent), Spanish (native).
Current Positions:
Senior Economist and Research Advisor, Federal Reserve Bank of Richmond, 2020-
Associate Editor, The Journal of Political Economy, 2024-
Previous Positions:
Senior Economist, Federal Reserve Bank of Richmond, 2016-2020
Economist, Federal Reserve Bank of Richmond, 2013-2016
Assistant Professor, Einaudi Institute for Economics and Finance, 2010-2013
Education:
Ph.D.: Economics, University of Chicago, 2010
Thesis chairperson: Professor Fernando Alvarez
M.A.: Economics, University of Chicago, 2006
Economics, Universidad Torcuato Di Tella, 2003
B.A.: Economics, Universidad Torcuato Di Tella, 2002
Publications and Accepted Papers:
"Plants in Space", with Oberfield, Rossi-Hansberg, and Sarte - The Journal of Political Economy 2024
"An Information-based Theory of Financial Intermediation", with Bethune and Sultanum - The Review of Economic Studies 2022
"Diverging Trends in National and Local Concentration", with Rossi-Hansberg and Sarte, 2020 NBER Macroeconomics Annual, Volume 35
"Asset Issuance in Over-The-Counter Markets", with Bethune and Sultanum - Review of Economic Dynamics 2019 (special issue in Fragmented Financial Markets)
"Relative Price Dispersion: Evidence and Theory", with Kaplan, Menzio and Rudanko, American Economic Journal: Microeconomics 2019
"Learning and Life Cycle Patterns of Occupational Mobility", with Gorry and Gorry, International Economic Review 2019
"Price Dynamics with Customer Markets", with Paciello and Pozzi, International Economic Review 2019
"Equilibrium Price Dispersion Across and Within Stores", with Menzio, Review of Economic Dynamics 2018
"Equilibrium Price Dispersion with Sequential Search", with Menzio, Journal of Economic Theory 2015
"Optimal Monetary Policy with Heterogeneous Money Holdings", with Lippi and Ragni, Journal of Economic Theory 2015
"Stepping Stone and Option Value in a Model of Postsecondary Education", Quantitative Economics 2015
"Commodity Money with Frequent Search", with Oberfield, Journal of Economic Theory 2012
Working Papers:
"Banks in Space", with Oberfield, Rossi-Hansberg and Wenning
"Big Push in Distorted Economies", with Buera, Hopenhayn and Shin - R&R at American Economic Review
"Sectoral Development Multipliers", with Buera
"Unemployment Insurance When the Wealth Distribution Matters", with Piguillem and Ruffo
"Private Information in Over-The-Counter Markets", with Bethune and Sultanum
"On the Distribution of College Dropouts: Wealth and Uninsurable Idiosyncratic Risk", with Ozdagli
Work in Progress:
"On the Dynamics of a Big Push", with Alvarez and Buera
"Growing by Grafting", with Oberfield, Rossi-Hansberg, Wenning and Yeh
"The Missing Middle in a Broad Cross-section of Indian Establishments", with Buera, Fattal-Jaef and Laski
References:
Professor Fernando Alvarez, University of Chicago
Professor Francisco Buera, Washington University at Saint Louis
Professor Hugo Hopenhayn, University of California-Los Angeles
Professor Guido Menzio, New York University
Professor Esteban Rossi-Hansberg, University of Chicago