Professor Narayana Kocherlakota received his Ph.D. from The University of Chicago in 1987. He teaches in the areas of monetary economics, public finance, financial economics and macroeconomics.  His current research includes financial economics, public finance and monetary economics. He is also the Coordinating Editor of the Review of Economic Dynamics. Professor Kocherlakota is currently serving as chair of the department. Office: 1035/1160 Heller Hall Telephone: (612) 625-3810 E-mail: nkocher@econ.umn.edu Personal Web Page Current CV
Selected publications include: "On Tests of Representative Consumer Asset Pricing Models," Journal of Monetary Economics 26 (1990), 285-304. "The Equity Premium: It's Still a Puzzle," Journal of Economic Literature 34 (1996), 42-71. "Implications of Efficient Risk Sharing Without Commitment," Review of Economic Studies 63 (1996), 595-610. "Money Is Memory," Journal of Economic Theory 81 (1998), 232-251. "Optimal Indirect and Capital Taxation," (with M. Golosov and A. Tsyvinksi), Review of Economic Studies, 70 (2003), 569-587. "Zero Expected Wealth Taxes: A Mirrlees Approach to Dynamic Optimal Taxation," Econometrica 73 (2005), 1587-1621.