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Wednesday, April 16, 2014

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Benjamin Lester photoBenjamin Lester

Senior Economic Advisor and Economist

Phone: (215) 574-6276
Fax: (215) 574-4303
Send an e-mail to Benjamin Lester E-mail
Personal website: http://sites.google.com/site/benjaminrlester External Link
Curriculum vitae PDF

Published Papers

  • "Information, Liquidity, Asset Prices, and Monetary Policy," with A. Postlewaite and R. Wright, Review of Economic Studies, 2011, forthcoming.
  • "Information and Prices with Capacity Constraints," American Economic Review, June 2011, 101 (4), p. 1591-1600.
  • "Information and Liquidity," with A. Postlewaite and R. Wright, Journal of Money, Credit and Banking, October 2011, 43 (7), p. 355-37
  • "Directed Search with Multi-Vacancy Firms," Journal of Economic Theory, November 2010, 145 (6), p. 2108-2132.
  • "Settlement Systems," The B.E. Journal of Macroeconomics: Contributions, 2009, 9 (1), Article 17.
  • "Information Acquisition and the Exclusion of Evidence in Trials," Journal of Law, Economics, and Organization, 2009, forthcoming.

Working Papers and Works in Progress

  • "Competing for Order Flow in OTC Markets," with Guillaume Rocheteau and Pierre-Olivier Weill, Working Paper 14-9, March 2014. PDF
  • "Subsidizing Price Discovery," with Braz Camargo and Kyungmin (Teddy) Kim, Working Paper 13-20, May 2013. PDF
  • "Competing with Asking Prices," with Ludo Visschers and Ronald Wolthoff, Working Paper 13-7, January 2013. PDF
  • "Trading Dynamics in Decentralized Markets with Adverse Selection," with Braz Camargo, Working Paper 11-36, July 2011. PDF

Research Interests

  • Monetary and Financial Economics
  • Labor Economics
  • Search Theory
  • Last update: March 17, 2014