Publications in Journals

Bank Runs and Institutions: The Perils of Intervention
With Huberto M. Ennis
American Economic Review, Forthcoming

Bank Runs as Coordination Failures: An Experimental Study
With Rod Garratt
Journal of Economic Behavior & Organization, Forthcoming

Expectations and Contagion in Self-Fulfilling Currency Attacks
International Economic Review, Forthcoming
27 pages / 198 kb

Bank Runs and Investment Decisions Revisited
With Huberto M. Ennis
Journal of Monetary Economics, Vol. 53 (2006) 217-232
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Discount Window Policy, Banking Crises, and Indeterminacy of Equilibrium
With Gaetano Antinolfi
Macroeconomic Dynamics Vol. 10 (2006) 1-19
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Optimal Fiscal Policy under Multiple Equilibria
With Huberto M. Ennis
Journal of Monetary Economics Vol. 52 (2005) 1359-1377
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Government Policy and the Probability of Coordination Failures
With Huberto M. Ennis
European Economic Review Vol. 49 (2005) 939-973
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Comparing Sunspot Equilibrium and Lottery Equilibrium Allocations: The Finite Case
With Rod Garratt and Karl Shell
International Economic Review Vol. 45 (2004) 351-386
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Economic Growth, Liquidity, and Bank Runs
With Huberto M. Ennis
Journal of Economic Theory Vol. 109 (2003) 220-245
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Equilibrium Prices when the Sunspot Variable is Continuous
With Rod Garratt, Cheng-Zhong Qin, and Karl Shell
Journal of Economic Theory Vol. 107 (2002) 11-38
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A Characterization of Robust Sunspot Equilibria
With Rod Garratt
Journal of Economic Theory Vol. 107 (2002) 136-144
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Dollarization as a Monetary Arrangement for Emerging Market Economies   
With Gaetano Antinolfi
Federal Reserve Bank of St. Louis Review Vol. 83 (November/December 2001), 29-39

Monetary Stability and Liquidity Crises: The Role of the Lender of Last Resort
With Gaetano Antinolfi and Elisabeth Huybens
Journal of Economic Theory Vol. 99 (2001) 187-219
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Money Taxes, Market Segmentation, and Sunspot Equilibria
Macroeconomic Dynamics Vol. 5 (2001) 327-352
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Growth Dynamics and Returns to Scale: Bifurcation Analysis
With Gaetano Antinolfi and Karl Shell
Journal of Economic Theory Vol. 96 (2001) 70-96
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Money Taxes and Efficiency when Sunspots Matter
Journal of Economic Theory Vol. 83 (1998) 43-68
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Options and Sunspots in a Simple Monetary Economy
With Gaetano Antinolfi
Economic Theory Vol. 11 (1998) 295-315
Read the full text in Springer Link  ››

Todd Keister's CV

The views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.