Courses
Income and Employment, Macroeconomics I, Open Economy Macroeconomics 

Research Interests 
Macroeconomics, monetary and international economics He received a Ph.D. from Cornell University in 1997. He was a Visiting Scholar at the Federal Reserve Bank of St. Louis during the fall of 2000 and the spring of 2001. His research examines issues in macro, monetary, and international economics. Recent papers analyze the role of a central bank as a lender of last resort, the equilibrium financial structure of the economy, dollarization, as well as external crises. His teaching is in macroeconomic theory and open economy macroeconomics. He has published a articles in several professional journals including Economic Theory and the Journal of Economic Theory. For more information, downloadable papers and links to publications, please visit gaetano.wustl.edu. Professor Antinolfi teaches macroeconomics at all levels and international macroeconomics.

Selected Publications:

1. “In Memory of Bruce Smith,” Macroeconomic Dynamics, 7, 2003, 1-2.

2. “Domestic Financial Market Frictions, Unrestricted International Capital Flows, and Crises in Small Open Economies” (with Elisabeth Huybens), Economic Theory, forthcoming.

3. “Liquidity Crises and Discount Window Lending: Theory and Implications for the Dollarization Debate” (with Todd Keister), forthcoming in the volume “La dolarización como alterntiva monetaria para México,” Marco del Negro, Alejandro Hernandez-D., and Elisabeth Huybens, eds.

4. “Dollarization as a Monetary Arrangement for Emerging Market Economies” (with Todd Keister), Federal Reserve Bank of St. Louis Review, November/December 2001 (Reprinted in Activeekonomi, 2002, and in “International Economics and International Economic Policy: A Reader”, Philip King, ed., Mc-Graw-Hill 2003).

5. “Monetary Stability and Liquidity Crises: The Role of the Lender of Last Resort” (with Elisabeth Huybens and Todd Keister), Journal of Economic Theory, 99(1-2), 187-219, 2001