Our Team
Edward S. Prescott
Ned Prescott was a vice president in the Research Department at the Federal Reserve Bank of Richmond from 2007 to 2016. Prescott joined the Richmond Fed as an economist in 1995. He is currently a senior economic and policy advisor at the Federal Reserve Bank of Cleveland.
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Bank Publications
Honoring Marvin Goodfriend, May 2022
Marvin Goodfriend's views on the proper role of a central bank and his defense of the federal structure of the Federal Reserve System.
Michael D. Bordo and Edward S. Prescott
Economic Brief, June 2015, No. 15-06Eliana Balla, Helen Fessenden, Edward S. Prescott and John R. Walter
Economic Brief, March 2015, No. 15-03The rate of new-bank formation has fallen from an average of about 100 per year since 1990 to an average of about three per year since 2010. If this change persists, it will have a large impact on the composition of the banking sector as well as the flow of credit in the economy.
Roisin McCord, Edward S. Prescott and Tim Sablik
Economic Quarterly, First Quarter 2014Roisin McCord and Edward S. Prescott
Economic Quarterly, Second Quarter 2013Edward S. Prescott
Economic Quarterly, First Quarter 2012Edward S. Prescott
Economic Brief, February 2012, No. 12-02Edward S. Prescott and David A. Price
Economic Quarterly, First Quarter 2011We study the regional variation in foreclosure rates in more detail by examining two localities in our district: Prince William County, Virginia, and Charlotte, North Carolina.
Sonya Ravindranath Waddell, Anne Davlin and Edward S. Prescott
Economic Quarterly, First Quarter 2010Edward S. Prescott
Economic Brief, May 2009, No. 09-05Edward S. Prescott and Stephen Slivinski
Economic Quarterly, Winter 2008Edward S. Prescott
Economic Quarterly, Fall 2006Hubert P. Janicki and Edward S. Prescott
Economic Quarterly, Fall 2005Edward S. Prescott
Economic Quarterly, Fall 2004Edward S. Prescott
Economic Quarterly, Fall 2003Edward S. Prescott
Economic Quarterly, Spring 2002Edward S. Prescott
Economic Quarterly, Summer 2001Edward S. Prescott
Economic Quarterly, Fall 1999Edward S. Prescott and Daniel D. Tatar
Economic Quarterly, Winter 1999Edward S. Prescott
Economic Quarterly, Fall 1997Edward S. Prescott
Economic Quarterly, Winter 1997Edward S. Prescott
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Working Papers
May 2015, No. 15-05
Eliana Balla, Edward S. Prescott and John R. Walter
February 2015, No. 15-02Douglas Davis and Edward S. Prescott
March 2013, No. 13-03RArantxa Jarque and Edward S. Prescott
November 2011, No. 11-07Edward S. Prescott
March 2011, No. 11-01RDouglas Davis, Edward S. Prescott and Oleg Korenok
October 2010, No. 10-16RArantxa Jarque and Edward S. Prescott
November 2006, No. 06-12Philip Bond, Itay Goldstein and Edward S. Prescott
November 2005, No. 05-11Edward S. Prescott and Robert Townsend
February 2004, No. 04-2David A. Marshall and Edward S. Prescott
July 2003, No. 03-9Edward S. Prescott and Robert Townsend
November 2000, No. 00-11Alternative payment instruments are studied in an economy with private information, delayed communication, and limited commitment.
Edward S. Prescott and John A. Weinberg
September 2000, No. 00-8Edward S. Prescott and Robert Townsend
June 1998, No. 98-6Edward S. Prescott
June 1996, No. 96-2Edward S. Prescott and Robert Townsend
Our Team
Ned Prescott was a vice president in the Research Department from 2007 to 2016. Prescott joined the Richmond Fed as an economist in 1995. He is currently a senior professional economist at the Federal Reserve Bank of Cleveland.