Staff Economists


Nicholas Trachter

headshot of Nicholas Trachter

My main research interests include macroeconomics and monetary theory. Recent papers cover the following topics: (i) the exploration of an optimal state dependent monetary policy, (ii) the implication of endogenous human capital accumulation for unemployment insurance, and (iii) the effects of a sluggish customer base on price setting.


Professional Experience

Nicholas Trachter is an economist in the Research Department. He joined the Richmond Fed in 2013 after working as an assistant professor of economics at the Einaudi Institute for Economics and Finance, a research institute funded by the Bank of Italy.

Ph.D., University of Chicago, 2010
M.A., University of Chicago, 2007
M.A., Universidad Torcuato Di Tella (Argentina), 2004
B.A., Universidad Torcuato Di Tella (Argentina), 2003

Curriculum vitae

"Commodity Money with Frequent Search" (with Ezra Oberfield). Journal of Economic Theory 147, no. 6 (November 2012): 2332-2356.

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Nicholas Trachter