David Andolfatto
Biographic Data
| ID | 5735682 |
|---|---|
| NAME | David Andolfatto |
| GIVEN NAMES | David |
| FAMILY NAME | Andolfatto |
| SIGNATURE | ANDOLFATTO D |
| AFFILIATIONS | Federal Reserve Bank of St. Louis |
| ORCID | 0000-0003-0703-3967 |
| VERIFIED | Yes |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 15 |
| WORKS AS AUTHOR | 3 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1998 |
| LATEST PUBLICATION YEAR | 2021 |
| H-INDEX | 2 |
Assessing the Impact of Central Bank Digital Currency on Private Banks
This paper investigates how a central bank digital currency can be expected to impact a monopolistic banking sector. The paper’s framework of analysis combines the Diamond (1965) model of government debt with the Klein (1971) and Monti (1972) model of a monopoly bank. The paper finds that the introduction of a central bank digital currency has no detrimental effect on bank lending activity and may, in some circumstances, even serve to promote it.…
A Theory of Inalienable Property Rights
Why do democratic societies often impose legal restrictions that render various assets or entitlements inalienable to the individual? The explanation proposed here is that these constraints arise as an institutional response against financial markets that, in a sense, work "too well." That is, I demonstrate how a well-functioning financial market can potentially work against a social policy designed to ensure a basic minimum standard of living fo…
US Labour Market Policy and the Canada-US Unemployment Rate Gap
David Andolfatto, Paul Gomme, Paul Storer, US Labour Market Policy and the Canada-US Unemployment Rate Gap, Canadian Public Policy / Analyse de Politiques, Vol. 24, Supplement 1: CERF/CSLR Conference on the Canada-US Unemployment Rate Gap / FCSE/CENV Conférence sur l'écart entre les taux de chômage au Canada et aux États-Unis (Feb., 1998), pp. S210-S232
Assessing the Impact of Central Bank Digital Currency on Private Banks
This paper investigates how a central bank digital currency can be expected to impact a monopolistic banking sector. The paper’s framework of analysis combines the Diamond (1965) model of government debt with the Klein (1971) and Monti (1972) model of a monopoly bank. The paper finds that the introduction of a central bank digital currency has no detrimental effect on bank lending activity and may, in some circumstances, even serve to promote it.…
A Theory of Inalienable Property Rights
Why do democratic societies often impose legal restrictions that render various assets or entitlements inalienable to the individual? The explanation proposed here is that these constraints arise as an institutional response against financial markets that, in a sense, work "too well." That is, I demonstrate how a well-functioning financial market can potentially work against a social policy designed to ensure a basic minimum standard of living fo…
US Labour Market Policy and the Canada-US Unemployment Rate Gap
David Andolfatto, Paul Gomme, Paul Storer, US Labour Market Policy and the Canada-US Unemployment Rate Gap, Canadian Public Policy / Analyse de Politiques, Vol. 24, Supplement 1: CERF/CSLR Conference on the Canada-US Unemployment Rate Gap / FCSE/CENV Conférence sur l'écart entre les taux de chômage au Canada et aux États-Unis (Feb., 1998), pp. S210-S232
A Theory of Inalienable Property Rights
Why do democratic societies often impose legal restrictions that render various assets or entitlements inalienable to the individual? The explanation proposed here is that these constraints arise as an institutional response against financial markets that, in a sense, work "too well." That is, I demonstrate how a well-functioning financial market can potentially work against a social policy designed to ensure a basic minimum standard of living fo…
Assessing the Impact of Central Bank Digital Currency on Private Banks
This paper investigates how a central bank digital currency can be expected to impact a monopolistic banking sector. The paper’s framework of analysis combines the Diamond (1965) model of government debt with the Klein (1971) and Monti (1972) model of a monopoly bank. The paper finds that the introduction of a central bank digital currency has no detrimental effect on bank lending activity and may, in some circumstances, even serve to promote it.…
Economic Theory and Policy (3 works) · Economics (3 works) · Debt (2 works) · Economic theories and models (2 works) · Finance (2 works) · Finance (2 works) · Bank rate (1 work) · Banking stability, regulation, efficiency (1 work) · Business (1 work) · Central bank (1 work)