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Benjamin R. Lester
Benjamin R. Lester
Senior Economic Advisor and Economist, Federal Reserve Bank of Philadelphia
Verified email at phil.frb.org - Homepage
Title
Cited by
Cited by
Year
Information, liquidity, asset prices, and monetary policy
B Lester, A Postlewaite, R Wright
The Review of Economic Studies 79 (3), 1209-1238, 2012
325*2012
Corporate bond liquidity during the COVID-19 crisis
M Kargar, B Lester, D Lindsay, S Liu, PO Weill, D Ziga
The Review of Financial Studies 34 (11), 5352-5401, 2021
2262021
Heterogeneity in decentralized asset markets
J Hugonnier, B Lester, PO Weill
Theoretical Economics 17 (3), 1313-1356, 2022
1172022
Trading dynamics in decentralized markets with adverse selection
B Camargo, B Lester
Journal of Economic Theory 153, 534–568, 2014
1142014
Screening and adverse selection in frictional markets
B Lester, A Shourideh, V Venkateswaran, A Zetlin-Jones
Journal of Political Economy 127 (1), 338-377, 2019
1072019
Frictional intermediation in over-the-counter markets
J Hugonnier, B Lester, PO Weill
The Review of Economic Studies 87 (3), 1432-1469, 2020
942020
Competing for order flow in OTC markets
B Lester, G Rocheteau, PO Weill
Journal of Money, Credit and Banking 47 (S2), 77-126, 2015
912015
Information and prices with capacity constraints
B Lester
The American Economic Review 101 (4), 1591-1600, 2011
872011
Excess reserves and monetary policy implementation
R Armenter, B Lester
Review of Economic Dynamics 23, 212-235, 2017
85*2017
Information and liquidity
B Lester, A Postlewaite, R Wright
Journal of Money, Credit and Banking 43, 355-377, 2011
772011
Meeting technologies and optimal trading mechanisms in competitive search markets
B Lester, L Visschers, R Wolthoff
Journal of Economic Theory 155, 1-15, 2015
562015
A model of the federal funds market: yesterday, today, and tomorrow
G Afonso, R Armenter, B Lester
Review of Economic Dynamics 33, 177-204, 2019
532019
Optimal settlement rules for payment systems
B Lester, S Millard
The Future of Payment Systems, 105-117, 2007
53*2007
Competing with asking prices
B Lester, L Visschers, R Wolthoff
Theoretical Economics 12 (2), 731-770, 2017
432017
Directed search with multi-vacancy firms
B Lester
Journal of Economic Theory 145 (6), 2108-2132, 2010
432010
Information spillovers, gains from trade, and interventions in frozen markets
B Camargo, K Kim, B Lester
The Review of Financial Studies 29 (5), 1291-1329, 2016
37*2016
Market-making with search and information frictions
B Lester, A Shourideh, V Venkateswaran, A Zetlin-Jones
Journal of Economic Theory 212, 105714, 2023
312023
Information acquisition and the exclusion of evidence in trials
B Lester, N Persico, L Visschers
The Journal of Law, Economics, & Organization 28 (1), 163-182, 2012
312012
Settlement systems
B Lester
The BE Journal of Macroeconomics 9 (1), 17, 2009
24*2009
The heterogeneous impact of referrals on labor market outcomes
BR Lester, D Rivers, G Topa
FRB of New York Staff Report, 2021
11*2021
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