Randall Wright

Department of Finance and Department of Economics
University of Wisconsin - Madison
Grainger Hall
975 University Ave
Madison, WI 53706

E-Mail: EmailAddress: hidden: you can email any NBER-related person as first underscore last at nber dot org
NBER Program Affiliations: EFG
NBER Affiliation: Research Associate
Institutional Affiliation: University of Wisconsin at Madison

NBER Working Papers and Publications

September 2017Directed Search: A Guided Tour
with Philipp Kircher, Benoit Julîen, Veronica Guerrieri: w23884
June 2013Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity
with Venky Venkateswaran
in NBER Macroeconomics Annual 2013, Volume 28, Jonathan A. Parker and Michael Woodford, editors
May 2013Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity
with Venky Venkateswaran: w19009
August 2012Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes
with S. Boragan Aruoba, Morris A. Davis: w18276

Published: Review of Economic Dynamics Available online 25 November 2014 In Press, Corrected Proof — Note to users Cover image Homework in monetary economics: Inflation, home production, and the production of homes ☆ S. Borağan Aruobaa, , , Morris A. Davisb, Randall Wrightc, d, e, f citation courtesy of

October 2011Sticky Prices: A New Monetarist Approach
with Allen Head, Lucy Qian Liu, Guido Menzio: w17520

Published: Allen Head & Lucy Qian Liu & Guido Menzio & Randall Wright, 2012. "Sticky Prices: A New Monetarist Approach," Journal of the European Economic Association, European Economic Association, vol. 10(5), pages 939-973, October. citation courtesy of

Endogenous Credit Cycles
with Chao Gu: w17510

Published: Chao Gu & Fabrizio Mattesini & Cyril Monnet & Randall Wright, 2013. "Endogenous Credit Cycles," Journal of Political Economy, University of Chicago Press, vol. 121(5), pages 940 - 965. citation courtesy of

Buyers, Sellers and Middlemen: Variations on Search-Theoretic Themes
with Yuet-Yee Wong: w17511
Innovation and Growth with Financial, and other, Frictions
with Jonathan Chiu, Cesaire Meh: w17512

Published: Jonathan Chiu & Cesaire Meh & Randall Wright, 2017. "INNOVATION AND GROWTH WITH FINANCIAL, AND OTHER, FRICTIONS," International Economic Review, vol 58(1), pages 95-125. citation courtesy of

April 2009Adverse Selection in Competitive Search Equilibrium
with Veronica Guerrieri, Robert Shimer: w14915

Published: Veronica Guerrieri & Robert Shimer & Randall Wright, 2010. "Adverse Selection in Competitive Search Equilibrium," Econometrica, Econometric Society, vol. 78(6), pages 1823-1862, November. citation courtesy of

April 2008Inflation and Unemployment in the Long Run
with Aleksander Berentsen, Guido Menzio: w13924

Published: Aleksander Berentsen & Guido Menzio & Randall Wright, 2011. "Inflation and Unemployment in the Long Run," American Economic Review, American Economic Association, vol. 101(1), pages 371-98, February. citation courtesy of

March 2008Labor Market Fluctuations in the Small and in the Large
with Richard Rogerson, Lodewijk P. Visschers: w13872

Published: Richard Rogerson & Lodewijk P. Visschers & Randall Wright, 2009. "Labor market fluctuations in the small and in the large," International Journal of Economic Theory, The International Society for Economic Theory, vol. 5(1), pages 125-137. citation courtesy of

April 2005The Business Cycle and the Life Cycle
with Paul Gomme, Richard Rogerson, Peter Rupert
in NBER Macroeconomics Annual 2004, Volume 19, Mark Gertler and Kenneth Rogoff, editors
July 2004Search-Theoretic Models of the Labor Market-A Survey
with Richard Rogerson, Robert Shimer: w10655

Published: Rogerson, Richard, Robert Shimer and Randall Wright. "Search-Theoretic Models Of The Labor Market: A Survey," Journal of Economic Literature, 2005, v43(4,Dec), 959-988.

October 1990Search for a Theory of Money
with Nobuhiro Kiyotaki: w3482

Published: "A Search-Theoretic Approach to Monetary Economics" American Economic Review, March 1993, pp. 63-77.

April 1990Homework in Macoreconomics I: Basic Theory (Part I of II)
with Jess Benhabib, Richard Rogerson: w3344

Published: Benhabib, Jess, R. Rogerson and R. Wright. "Homework in Macroeconomics." Journal of Political Economy 99 (1991): 1166-1185.

NBER Videos

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email:

Contact Us