Working Paper
Dynamic commitment and imperfect policy rules
Ritter, Joseph A.; Haubrich, Joseph G. (1996)
An examination of the dynamics of commitment, showing that because the decision regarding rules versus discretion occurs in real time, opting for discretion is often the better choice, since it leaves open the possibility of adopting rules later on.
Working Papers (Old Series) , Paper 9601

Working Paper
Commitment as investment under uncertainty
Ritter, Joseph A.; Haubrich, Joseph G. (1996)
An explanation of how irreversible investment and the techniques associated with pricing real options can apply to a broad range of problems in finance, macroeconomics, and trade policy.
Working Papers (Old Series) , Paper 9606

Working Paper
Commitment as irreversible investment
Ritter, Joseph A.; Haubrich, Joseph G. (1992)
Considering time inconsistency as a problem of irreversible investment brings some neglected points to the fore. Making a policy choice in real time and under current conditions emphasizes the importance of the timing of commitment, the regret over past decisions, and the option value of not committing. This paper applies these concepts to monetary policy, banking regulation, and capital taxation.
Working Papers (Old Series) , Paper 9217

Journal Article
School and work
Ritter, Joseph A. (1998-06)
National Economic Trends , Issue Jun

Journal Article
Moonlighting
Ritter, Joseph A. (1998-01)
National Economic Trends , Issue Jan

Journal Article
Arcane but important
Ritter, Joseph A. (1999-01)
National Economic Trends , Issue Jan.

Journal Article
An overstated headline
Ritter, Joseph A. (1999-07)
National Economic Trends , Issue Jul

Journal Article
The tortoise revises the hare
Ritter, Joseph A. (1997-07)
National Economic Trends , Issue Jul

Conference Paper
Search-theoretic models of international currency - commentary
Ritter, Joseph A. (1996-05)
Proceedings , Volume 78 , Issue May , Pages 133-135

Journal Article
Job creation and destruction: the dominance of manufacturing
Ritter, Joseph A. (1994-09)
Review , Issue Sep