Navigate: Home Posts by David Andolfatto

David Andolfatto

Affiliation: Simon Fraser University and St. Louis Fed

David Andolfatto is a Vice President in the Research Division of the Federal Reserve Bank of St. Louis. He is also a professor of economics at Simon Fraser University.

Professor Andolfatto earned his Ph.D. in economics from the University of Western Ontario in 1994, M.A. and B.B.A. from Simon Fraser University. He was associate professor at the University of Waterloo before moving to Simon Fraser University in 2000.

His current research is focused on reconciling theories of money and banking. His past research has examined questions relating to the business cycle, contract design, bank-runs, unemployment insurance, monetary policy regimes, endogenous debt constraints, and technology diffusion.

Visit: MacroMania, David Andolfatto's Page




David Andolfatto's Latest Articles | 58

The Regional Dispersion in U.S. Vacancy and Unemployment Rates

Jan 4, 2012| 

Since I happen to have handy some regional data on the help-wanted index (HWI) for the U.S., I thought it might be interesting to see whether U.S. vacancy and unemployment... Read »

Does Krugman Understand Ricardian Equivalence? (Wonkish)

Dec 27, 2011| 1

Suppose that the government wants to acquire the resources necessary to implement a new expenditure program G = {g1, g2, g3 … }, where gt denotes government... Read »

On Bagehot’s Penalty Rate

Dec 1, 2011| 

What principles should govern the way a lender-of-last-resort (LLR) operates during a financial crisis? On this question, one is frequently referred to two key... Read »

A Bridge Over the Macroeconomic Divide

Nov 28, 2011| 

No one can deny that Paul Krugman is a gifted expositor of economic ideas. His column today, ”Death by Hawkery,” constitutes a fine example of this... Read »

Not Enough U.S. Debt?

Nov 23, 2011| 

One way to measure the ability to service debt is to compute a debt-to-income ratio. Suppose, for example, that your income is $50K per year, that your home is worth... Read »

Keystone Kops and Deficient Demand

Nov 12, 2011| 

Domestic capital spending has been very slow to recover in the U.S. following the official end of the previous recession. Why is this the case? Deficient demand,... Read »

Fiscal Multipliers: Another Caveat

Nov 10, 2011| 

James Hamilton reminds us of what all Econ 101 students learn (or are supposed to learn) about the peculiarities of national income and product accounting and the... Read »

It’s Not the Uncertainty–It’s the Certainty

Oct 4, 2011| 

I have moved over to the “it’s not the uncertainty” camp. The president’s statement below seems to make it absolutely certain what rewards... Read »

European Banks and U.S. Dollars

Sep 28, 2011| 

I sometimes get asked why European banks are in apparent need of US dollars, and why the Fed lending money to the European Central Bank (ECB). Ah, the wacky world... Read »

Commodity Money: It’s Back! (and it sucks)

Sep 23, 2011| 

You may recall hearing that earlier this year, J.P. Morgan began to accept gold as collateral for some types of loans. The story can be found here. Here is an excerpt: Gold... Read »

Next Page »

Our Partners: