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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
303*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
1612021
Trading dynamics in decentralized markets with adverse selection
B Camargo, B Lester
Journal of Economic Theory 153, 534–568, 2014
1122014
Heterogeneity in decentralized asset markets
J Hugonnier, B Lester, PO Weill
Theoretical Economics 17 (3), 1313-1356, 2022
1102022
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
1012019
Competing for order flow in OTC markets
B Lester, G Rocheteau, PO Weill
Journal of Money, Credit and Banking 47 (S2), 77-126, 2015
832015
Information and prices with capacity constraints
B Lester
The American Economic Review 101 (4), 1591-1600, 2011
812011
Information and liquidity
B Lester, A Postlewaite, R Wright
Journal of Money, Credit and Banking 43, 355-377, 2011
782011
Frictional intermediation in over-the-counter markets
J Hugonnier, B Lester, PO Weill
The Review of Economic Studies 87 (3), 1432-1469, 2020
752020
Excess reserves and monetary policy implementation
R Armenter, B Lester
Review of Economic Dynamics 23, 212-235, 2017
73*2017
Meeting technologies and optimal trading mechanisms in competitive search markets
B Lester, L Visschers, R Wolthoff
Journal of Economic Theory 155, 1-15, 2015
532015
Optimal settlement rules for payment systems
B Lester, S Millard
The Future of Payment Systems, 105-117, 2007
45*2007
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
432019
Directed search with multi-vacancy firms
B Lester
Journal of Economic Theory 145 (6), 2108-2132, 2010
432010
Competing with asking prices
B Lester, L Visschers, R Wolthoff
Theoretical Economics 12 (2), 731-770, 2017
392017
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
34*2016
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
Market-making with search and information frictions
B Lester, A Shourideh, V Venkateswaran, A Zetlin-Jones
National Bureau of Economic Research, 2018
292018
Settlement systems
B Lester
The BE Journal of Macroeconomics 9 (1), 17, 2009
23*2009
Interviews and the Assignment of Workers to Jobs
B Lester, RP Wolthoff
Mimeo, University of Toronto 6, 51, 2016
92016
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