Education
Ph.D. Economics
University of Western Ontario
1994
M.A. Economics
Simon Fraser University
1987
B.B.A. Commerce
Simon Fraser University
1985
Contact Info
Phone: (314) 444-4714
Fax: (314) 444-8731
Email: David.Andolfatto@stls.frb.org
Research Division
Federal Reserve Bank of St. Louis
P.O. Box 442
St. Louis, MO 63166-0442
For media inquiries contact:
Adam Allington
mediainquiries@stls.frb.org
Office: (314) 444-8783
Cell: (314) 313-3783
David Andolfatto
Vice President
Articles Published in Peer-Reviewed Journals
"Optimal Disclosure Policy and Undue Diligence"
with Aleksander Berentsen and Christopher J. Waller
FORTHCOMING: Journal of Economic Theory.
"Information Disclosure and Exchange Media"
with Fernando M. Martin
FORTHCOMING: Review of Economic Dynamics.
"A Note on the Societal Benefits of Illiquid Bonds"
Canadian Journal of Economics, February 2011, pp. 133-47.
"Essential Interest-Bearing Money"
Journal of Economic Theory, July 2010, 145(4), pp. 1319-602.
"Money, Intermediation, and Banking"
with Ed Nosal
Journal of Monetary Economics, April 2009, 56(3), pp. 289-94.
"Rational Truth-Avoidance and Self-Esteem"
with Steeve Mongrain and Gordon Myers
Canadian Journal of Economics, February 2009, 42(1) pp. 141-54.
"Endogenous Debt Constraints in a Life-Cycle Model with an Application to Social Security"
with Martin Gervais
Journal of Economic Dynamics and Control, December 2008, 32(12), pp. 3745-59.
"Bank Incentives, Contract Design, and Bank-Runs"
with Ed Nosal
Journal of Economic Theory, September 2008, 142(1), pp. 28-47.
Federal Reserve Bank of St. Louis Publications
"Liquidity Shocks, Real Interest Rates, and Global Imbalances"
Federal Reserve Bank of St. Louis Review, May/June 2012, 94(3), pp. 187-196.
"Fiscal Multipliers in War and in Peace"
Federal Reserve Bank of St. Louis Review, March/April 2010, 92(2), pp. 121-27.
Other Federal Reserve Publications
"A Simple Model of Money and Banking"
with Ed Nosal
Federal Reserve Bank of Cleveland Economic Review, 2001, 37(3), pp. 20-28.
"Unemployment and Economic Welfare"
with Paul Gomme
Federal Reserve Bank of Cleveland Economic Review, 1998, 34(3), pp. 25-34.
Other Publications, Book Reviews and Edited Volumes
"Search Models of Unemployment"
in Steven N. Durlauf and Lawrence E. Blume, eds., The New Palgrave Dictionary of Economics, 2nd Edition, 2008, Palgrave Macmillan.
"Comment on 'The Expectation Trap Hypothesis' by Lawrence J. Christiano and Christopher Gust"
Proceedings of the Bank of Canada Conference on Money, Monetary Policy and Transmission Mechanisms, October 2000, pp. 394-402.
"Unemployment Insurance and Labor-Market Activity in Canada"
with Paul Gomme
Carnegie-Rochester Conference on Public Policy, June 1996, 44, pp. 47-82.
Working Papers
"Incentive-Feasible Deflation"
Working Paper 2011-038B, posted October 2011, updated December 2012.
"On the Social Cost of Transparency in Monetary Economies"
Working Paper 2010-001A, posted January 2010.
