Report
Inflation and unemployment : a layperson's guide to the Phillips curve. 2006 annual report of the Federal Reserve Bank of Richmond
Weinberg, John A.; Lacker, Jeffrey M. (2006)
Annual Report

Report
Should the Fed Have a Financial Stability Mandate? Lessons from the Fed's first 100 Years
Lacker, Jeffrey M.; Haltom, Renee Courtois (2013)
President Jeffrey Lacker and Research Publications Content Manager Renee Haltom explore the Fed's role in financial stability. Following the global financial crisis of 2007-08, the Fed has been given enhanced regulatory responsibilities to prevent future crises. However, most of the Fed's actions in pursuit of financial stability have historically come through emergency lending once crises are underway. The authors conclude that arguments in favor of emergency lending are based on erroneous readings of history. Instead, emergency lending may undermine financial stability, as well as the Fed's ...
Annual Report

Report
The economics of financial privacy : to opt out or opt in? 2001 annual report of the Federal Reserve Bank of Richmond
Lacker, Jeffrey M. (2001)
Annual Report

Briefing
Should the Fed Do Emergency Lending?
Lacker, Jeffrey M.; Haltom, Renee Courtois (2014-07)
In its 100-year history, many of the Federal Reserve's actions in the name of financial stability have come through emergency lending once financial crises are underway. It is not obvious that the Fed should be involved in emergency lending, however, since expectations of such lending can increase the likelihood of crises. Arguments in favor of this role often misread history. Instead, history and experience suggest that the Fed's balance sheet activities should be restricted to the conduct of monetary policy.
Richmond Fed Economic Brief , Issue July

Briefing
Now how large is the safety net?
Weinberg, John A.; Lacker, Jeffrey M. (2010-06)
According to estimates done by researchers at the Richmond Fed, the federal financial safety net covered $25 trillion in liabilities, or 59 percent of all financial liabilities, at the end of 2008. Such expansion of the safety net has weakened market discipline and contributed to instability in the financial sector. Instead of attempting to address the "too big to fail" problem by breaking up large firms, for instance, policymakers ought to focus on credibly scaling back the safety net and making its boundaries transparent.
Richmond Fed Economic Brief , Issue June

Journal Article
Neighborhoods and banking
Lacker, Jeffrey M. (1995-04)
Economic Quarterly , Issue Spr , Pages 13-38

Journal Article
Can the Fed be a payment system innovator?
Weinberg, John A.; Lacker, Jeffrey M. (1998-04)
Economic Quarterly , Issue Spr , Pages 1-25

Journal Article
Limited commitment and central bank lending
Goodfriend, Marvin; Lacker, Jeffrey M. (1999-10)
Economic Quarterly , Issue Fall , Pages 1-27

Journal Article
Does adverse selection justify government intervention in loan markets?
Lacker, Jeffrey M. (1994-01)
Economic Quarterly , Issue Win , Pages 61-95

Journal Article
Errors in variables and lending discrimination
Lacker, Jeffrey M.; DeVaro, Jed L. (1995-07)
Economic Quarterly , Issue Sum , Pages 19-32