Professional Experience

Huberto Ennis is a senior economist in the Research Department. He joined the Richmond Fed in August 2000 after earning his Ph.D. from Cornell University.

Ennis has shared his knowledge as a visiting scholar at the Central Bank of Argentina and the Federal Reserve Bank of Minneapolis, as well as lectured at universities in the United States, Argentina, and Spain. He served as co-director of Económica, the journal of the Institute for Economic Research at the National University of La Plata, and currently serves as an associate editor for the Journal of Monetary Economics and Macroeconomic Dynamics.

Education

Ph.D., Cornell University, 2000
M.A., Cornell University, 1999
M.A., Torcuato Di Tella Institute (Argentina), 1994
B.S., National University of La Plata (Argentina), 1993

Curriculum vitae

"Over-the-Counter Loans, Adverse Selection, and Stigma in the Interbank Market" (with John Weinberg). Working paper, December 2009.

"Commitment and Equilibrium Bank Runs" (with Todd Keister). Staff Report No. 274, Federal Reserve Bank of New York, May 2007.

"Correlated Equilibrium and Government Commitment" (with Todd Keister).

"Liquidity Crises and Productivity Growth" (with Todd Keister).

"Optimal Banking Contracts and Fragility" (with Todd Keister).

"Bank Runs and Institutions: The Perils of Intervention" (with Todd Keister). American Economic Review 99, no. 4 (September 2009): 1588-1607.

"Run Equilibria in the Green-Lin Model of Financial Intermediation" (with Todd Keister). Journal of Economic Theory 144, no. 5 (September 2009): 1996-2020.

"Avoiding the Inflation Tax." International Economic Review 50, no. 2 (May 2009): 607-625.

"Search, Money, and Inflation under Private Information." Journal of Economic Theory 138, no. 1 (January 2008): 101-131.

"Choosing a Place to Live and a Workplace" (with Santiago M. Pinto and Alberto Porto). Económica 52, no. 1-2 (2006): 15-51.

"Bank Runs and Investment Decisions Revisited" (with Todd Keister). Journal of Monetary Economics 53, no. 2 (March 2006): 217-232.

• Supplemental Appendix

"Optimal Fiscal Policy under Multiple Equilibria" (with Todd Keister). Journal of Monetary Economics 52, no. 8 (November 2005): 1359-1377.

"Government Policy and the Probability of Coordination Failures" (with Todd Keister). European Economic Review 49, no.4 (May 2005): 939-973.

"Macroeconomic Fluctuations and Bargaining." Journal of Economic Theory 115, no. 2 (April 2004): 322-340.

"Economic Growth, Liquidity, and Bank Runs" (with Todd Keister). Journal of Economic Theory 109, no. 2 (April 2003): 220-245.

"Loanable Funds, Monitoring and Banking." European Finance Review 5, no. 1-2 (2001): 79-114.

"On Random Matching, Monetary Equilibria, and Sunspots." Macroeconomic Dynamics 5, no. 1 (February 2001): 132-142.

"On Search Theory and Customers." Económica 46, no. 1 (2000): 3-21.

Issue	Title	Author(s)
Summer 2008	Understanding Monetary Policy Implementation	Huberto M. Ennis Todd Keister
Spring 2007	Interest on Reserves and Daylight Credit	Huberto M. Ennis John A. Weinberg
Spring 2006	The Problem of Small Change in Early Argentina	Huberto M. Ennis
Spring 2005	Bank Risk of Failure and the Too-Big-to-Fail Policy	Huberto M. Ennis H. S. Malek
Spring 2004	Some Recent Trends in Commercial Banking	Huberto M. Ennis
Spring 2003	Economic Fundamentals and Bank Runs	Huberto M. Ennis
Fall 2001	On the Size Distribution of Banks	Huberto M. Ennis

Paper	Title	Author(s)
07-6 December 2007	Avoiding the Inflation Tax	Huberto M. Ennis
07-2 March 2007	Bank Runs and Institutions: The Perils of Intervention	Huberto M. Ennis Todd Keister
04-3 March 2004	Bank Runs and Investment Decisions Revisited	Huberto M. Ennis Todd Keister
03-12 September 2003	Shortages of Small Change in Early Argentina	Huberto M. Ennis
03-4 June 2003	Aggregate Demand Management with Multiple Equilibria	Huberto M. Ennis Todd Keister
03-1 January 2003	Economic Growth, Liquidity, and Bank Runs	Huberto M. Ennis Todd Keister
01-4 July 2001	Macroeconomic Fluctuations and Bargaining	Huberto M. Ennis
01-3 June 2001	Optimal Policy with Probabilistic Equilibrium Selection	Huberto M. Ennis Todd Keister
00-12 December 2000	Banking and the Political Support for Dollarization	Huberto M. Ennis

"Argentina's Privatization: Effects on Income Distribution" (with Santiago Pinto). In Reality Check: The Distributional Impact of Privatization in Developing Countries, edited by John Nellis and Nancy Birdsall. 179-218. Washington, D.C.: Center for Global Development, 2005.