Details about Huberto M. Ennis

Access statistics for papers by Huberto M. Ennis.

Last updated 2023-04-07. Update your information in the RePEc Author Service.

Short-id: pen16

Working Papers

2024

1. Bank Lending Standards and the U.S. Economy
   Working Paper, Federal Reserve Bank of Richmond

2022

2. Money Market Fund Reform: Dealing with the Fundamental Problem
   Working Paper, Federal Reserve Bank of Richmond
   See also Journal Article Money Market Fund Reform: Dealing with the Fundamental Problem, JRFM, MDPI (2023) View citations (1) (2023)

2021

3. The Fed's Discount Window in "Normal" Times
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
   Also in Working Paper, Federal Reserve Bank of Richmond (2021)

2018

4. The Fed's Discount Window: An Overview of Recent Data
   Working Paper, Federal Reserve Bank of Richmond
   See also Journal Article The Fed's Discount Window: An Overview of Recent Data, Economic Quarterly, Federal Reserve Bank of Richmond (2017) (2017)

2017

5. Interventions in Markets with Adverse Selection: Implications for Discount Window Stigma
   Working Paper, Federal Reserve Bank of Richmond View citations (3)
   Also in 2016 Meeting Papers, Society for Economic Dynamics (2016)
   See also Journal Article Interventions in Markets with Adverse Selection: Implications for Discount Window Stigma, Journal of Money, Credit and Banking, Blackwell Publishing (2019) View citations (8) (2019)

2015

6. Discussion on \"Scarcity of Safe Assets, Inflation, and the Policy Trap\" by Andolfatto and Williamson
   Working Paper, Federal Reserve Bank of Richmond
7. Optimal Banking Contracts and Financial Fragility
   Working Paper, Federal Reserve Bank of Richmond View citations (7)
   Also in 2012 Meeting Papers, Society for Economic Dynamics (2012)
   See also Journal Article Optimal banking contracts and financial fragility, Economic Theory, Springer (2016) View citations (8) (2016)

2014

8. A Simple General Equilibrium Model of Large Excess Reserves
   Working Paper, Federal Reserve Bank of Richmond View citations (10)
   Also in 2014 Meeting Papers, Society for Economic Dynamics (2014) View citations (17)
   See also Journal Article A simple general equilibrium model of large excess reserves, Journal of Monetary Economics, Elsevier (2018) View citations (22) (2018)

2012

9. Large excess reserves in the U.S.: a view from the cross-section of banks
   Working Paper, Federal Reserve Bank of Richmond View citations (4)

2010

10. Over-the-counter loans, adverse selection, and stigma in the interbank market
    Working Paper, Federal Reserve Bank of Richmond View citations (21)
    See also Journal Article Over-the-counter loans, adverse selection, and stigma in the interbank market, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2013) View citations (69) (2013)

2009

11. A Model of Stigma in the Fed Funds Market
    2009 Meeting Papers, Society for Economic Dynamics View citations (4)
    Also in UC3M Working papers. Economics, Universidad Carlos III de Madrid. Departamento de Economía (2009) View citations (6)

2008

12. Run Equilibria in a Model of Financial Intermediation
    2008 Meeting Papers, Society for Economic Dynamics View citations (5)
    Also in Staff Reports, Federal Reserve Bank of New York (2008) View citations (4)

2007

13. Avoiding the Inflation Tax
    2007 Meeting Papers, Society for Economic Dynamics View citations (1)
    Also in Working Paper, Federal Reserve Bank of Richmond (2007) View citations (1)
    Working Paper, Federal Reserve Bank of Richmond (2005) View citations (1)
    See also Journal Article AVOIDING THE INFLATION TAX, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2009) View citations (14) (2009)
14. Bank runs and institutions: the perils of intervention
    Working Paper, Federal Reserve Bank of Richmond View citations (26)
    See also Journal Article Bank Runs and Institutions: The Perils of Intervention, American Economic Review, American Economic Association (2009) View citations (166) (2009)
15. Commitment and Equilibrium Bank Runs
    2007 Meeting Papers, Society for Economic Dynamics View citations (6)
    Also in Staff Reports, Federal Reserve Bank of New York (2007) View citations (4)

2006

16. Banking Policy without Commitment: Suspension of Convertibility Taken Seriously
    2006 Meeting Papers, Society for Economic Dynamics

2005

17. Complementariedades y Política Macroeconómica
    IIE, Working Papers, IIE, Universidad Nacional de La Plata
    Also in Department of Economics, Working Papers, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata (2005)
18. Search, Money, and Inflation under Private Information
    2005 Meeting Papers, Society for Economic Dynamics View citations (2)
    Also in Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (2004) View citations (9)
    See also Journal Article Search, money, and inflation under private information, Journal of Economic Theory, Elsevier (2008) View citations (17) (2008)

2004

19. Bank Runs and Investment Decisions Revisited
    2004 Meeting Papers, Society for Economic Dynamics
    Also in Working Paper, Federal Reserve Bank of Richmond (2004)
    See also Journal Article Bank runs and investment decisions revisited, Journal of Monetary Economics, Elsevier (2006) View citations (60) (2006)

2003

20. Aggregate demand management with multiple equilibria
    Working Paper, Federal Reserve Bank of Richmond View citations (2)
21. Economic growth, liquidity, and bank runs
    Working Paper, Federal Reserve Bank of Richmond View citations (72)
    See also Journal Article Economic growth, liquidity, and bank runs, Journal of Economic Theory, Elsevier (2003) View citations (78) (2003)
22. Government Policy and the Probability of Coordination Failures
    Working Papers, Centro de Investigacion Economica, ITAM View citations (8)
    See also Journal Article Government policy and the probability of coordination failures, European Economic Review, Elsevier (2005) View citations (24) (2005)
23. Shortages of small change in early Argentina
    Working Paper, Federal Reserve Bank of Richmond

2001

24. Igualdad de Oportunidades e Ingreso a la Universidad Pública en la Argentina
    IIE, Working Papers, IIE, Universidad Nacional de La Plata View citations (2)
    Also in Department of Economics, Working Papers, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata (2001) View citations (2)
25. Macroeconomic fluctuations and bargaining
    Working Paper, Federal Reserve Bank of Richmond View citations (2)
    See also Journal Article Macroeconomic fluctuations and bargaining, Journal of Economic Theory, Elsevier (2004) View citations (2) (2004)
26. Optimal policy with probabilistic equilibrium selection
    Working Paper, Federal Reserve Bank of Richmond View citations (2)

2000

27. Banking and the political support for dollarization
    Working Paper, Federal Reserve Bank of Richmond View citations (1)
28. Government Policy and Probabilistic Equilibrium Selection
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society
29. Loanable Funds, Monitoring and Banking
    Center for Financial Institutions Working Papers, Wharton School Center for Financial Institutions, University of Pennsylvania View citations (4)
    See also Journal Article Loanable Funds, Monitoring and Banking, Review of Finance, European Finance Association (2001) View citations (2) (2001)

1998

30. On Search Theory and Customers
    Department of Economics, Working Papers, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata
    Also in IIE, Working Papers, IIE, Universidad Nacional de La Plata (1998)
    See also Journal Article On Search Theory and Customers, Económica, Instituto de Investigaciones Económicas, Facultad de Ciencias Económicas, Universidad Nacional de La Plata (2000) (2000)

Journal Articles

2023

1. Fed Balance Sheet Normalization and the Minimum Level of Ample Reserves
   Richmond Fed Economic Brief, 2023, 23, (07)
2. Money Market Fund Reform: Dealing with the Fundamental Problem
   JRFM, 2023, 16, (1), 1-14 View citations (1)
   See also Working Paper Money Market Fund Reform: Dealing with the Fundamental Problem, Working Paper (2022) (2022)
3. Perspectives on the Banking Turmoil of 2023
   Richmond Fed Economic Brief, 2023, 23, (35)

2022

4. A Historical Perspective on Digital Currencies
   Richmond Fed Economic Brief, 2022, 22, (21)
5. Bank Resolution and the Fed’s New Standing Repo Facility
   Richmond Fed Economic Brief, 2022, 22, (06)
6. Projecting the Evolution of the Fed's Balance Sheet
   Richmond Fed Economic Brief, 2022, 22, (15)

2021

7. Bank Lending in the Time of COVID
   Richmond Fed Economic Brief, 2021, 21, (05) View citations (3)
8. The Fed’s Evolving Involvement in the Repo Markets
   Richmond Fed Economic Brief, 2021, 21, (31)
9. Who Borrows From the Discount Window in "Normal" Times?
   Richmond Fed Economic Brief, 2021, 21, (09)

2020

10. Understanding Discount Window Stigma
    Richmond Fed Economic Brief, 2020, (20-04), 5

2019

11. Interventions in Markets with Adverse Selection: Implications for Discount Window Stigma
    Journal of Money, Credit and Banking, 2019, 51, (7), 1737-1764 View citations (8)
    See also Working Paper Interventions in Markets with Adverse Selection: Implications for Discount Window Stigma, Working Paper (2017) View citations (3) (2017)
12. Large Excess Reserves and the Relationship between Money and Prices
    Richmond Fed Economic Brief, 2019, (February)
13. Recent Borrowing from the U.S. Discount Window: Some Cases
    Economic Quarterly, 2019, (4Q), 251-271

2018

14. A simple general equilibrium model of large excess reserves
    Journal of Monetary Economics, 2018, 98, (C), 50-65 View citations (22)
    See also Working Paper A Simple General Equilibrium Model of Large Excess Reserves, Working Paper (2014) View citations (10) (2014)

2017

15. The Fed's Discount Window: An Overview of Recent Data
    Economic Quarterly, 2017, (Q1-Q4), 37-79
    See also Working Paper The Fed's Discount Window: An Overview of Recent Data, Working Paper (2018) (2018)

2016

16. Do Net Interest Margins and Interest Rates Move Together?
    Richmond Fed Economic Brief, 2016, (May) View citations (7)
17. Models of Discount Window Lending: A Review
    Economic Quarterly, 2016, (1Q), 1-50 View citations (4)
18. Optimal banking contracts and financial fragility
    Economic Theory, 2016, 61, (2), 335-363 View citations (8)
    See also Working Paper Optimal Banking Contracts and Financial Fragility, Working Paper (2015) View citations (7) (2015)
19. The Role of Central Bank Lending in the Conduct of Monetary Policy
    Richmond Fed Economic Brief, 2016, (December) View citations (4)

2015

20. Discount Window Lending: Policy Trade-offs and the 1985 BoNY Computer Failure
    Richmond Fed Economic Brief, 2015, (May) View citations (7)
21. Large Excess Reserves in the United States: A View from the Cross-Section of Banks
    International Journal of Central Banking, 2015, 11, (1), 251-289 View citations (34)

2014

22. Large U.S. Bank Holding Companies During the 2007-09 Financial Crisis: An Overview of the Data
    Economic Quarterly, 2014, (2Q), 113-157 View citations (1)
23. Reforming Money Market Mutual Funds: A Difficult Assignment
    Richmond Fed Economic Brief, 2014, (Feb) View citations (3)

2013

24. Over-the-counter loans, adverse selection, and stigma in the interbank market
    Review of Economic Dynamics, 2013, 16, (4), 601-616 View citations (69)
    See also Working Paper Over-the-counter loans, adverse selection, and stigma in the interbank market, Working Paper (2010) View citations (21) (2010)

2012

25. Some theoretical considerations regarding net asset values for money market funds
    Economic Quarterly, 2012, 98, (4Q), 231-254 View citations (5)

2011

26. Basel III and the continuing evolution of bank capital regulation
    Richmond Fed Economic Brief, 2011, (Jun) View citations (2)
27. Strategic behavior in the tri-party repo market
    Economic Quarterly, 2011, 97, (4Q), 389-413

2010

28. Banking panics and policy responses
    Journal of Monetary Economics, 2010, 57, (4), 404-419 View citations (80)
29. Excess reserves and the new challenges for monetary policy
    Richmond Fed Economic Brief, 2010, (Mar) View citations (4)
30. On the fundamental reasons for bank fragility
    Economic Quarterly, 2010, 96, (1Q), 33-58 View citations (19)

2009

31. AVOIDING THE INFLATION TAX
    International Economic Review, 2009, 50, (2), 607-625 View citations (14)
    See also Working Paper Avoiding the Inflation Tax, 2007 Meeting Papers (2007) View citations (1) (2007)
32. Bank Runs and Institutions: The Perils of Intervention
    American Economic Review, 2009, 99, (4), 1588-1607 View citations (166)
    See also Working Paper Bank runs and institutions: the perils of intervention, Working Paper (2007) View citations (26) (2007)
33. Run equilibria in the Green-Lin model of financial intermediation
    Journal of Economic Theory, 2009, 144, (5), 1996-2020 View citations (55)

2008

34. Search, money, and inflation under private information
    Journal of Economic Theory, 2008, 138, (1), 101-131 View citations (17)
    See also Working Paper Search, Money, and Inflation under Private Information, 2005 Meeting Papers (2005) View citations (2) (2005)
35. Understanding monetary policy implementation
    Economic Quarterly, 2008, 94, (Sum), 235-263 View citations (64)

2007

36. Interest on reserves and daylight credit
    Economic Quarterly, 2007, 93, (Spr), 111-142 View citations (31)

2006

37. Bank runs and investment decisions revisited
    Journal of Monetary Economics, 2006, 53, (2), 217-232 View citations (60)
    See also Working Paper Bank Runs and Investment Decisions Revisited, 2004 Meeting Papers (2004) (2004)
38. Choosing a place to live and a workplace
    Económica, 2006, LII, (1-2), 15-51 View citations (1)
    Also in Económica, 2006, LII, (1-2), 15-51 (2006) View citations (1)
39. The problem of small change in early Argentina
    Economic Quarterly, 2006, 92, (Spr), 93-111

2005

40. Bank risk of failure and the too-big-to-fail policy
    Economic Quarterly, 2005, 91, (Spr), 21-44 View citations (27)
41. Government policy and the probability of coordination failures
    European Economic Review, 2005, 49, (4), 939-973 View citations (24)
    See also Working Paper Government Policy and the Probability of Coordination Failures, Working Papers (2003) View citations (8) (2003)
42. Optimal fiscal policy under multiple equilibria
    Journal of Monetary Economics, 2005, 52, (8), 1359-1377 View citations (12)

2004

43. Macroeconomic fluctuations and bargaining
    Journal of Economic Theory, 2004, 115, (2), 322-340 View citations (2)
    See also Working Paper Macroeconomic fluctuations and bargaining, Working Paper (2001) View citations (2) (2001)
44. Some recent trends in commercial banking
    Economic Quarterly, 2004, 90, (Spr), 41-61 View citations (3)

2003

45. Economic fundamentals and bank runs
    Economic Quarterly, 2003, 89, (Spr), 55-71 View citations (28)
46. Economic growth, liquidity, and bank runs
    Journal of Economic Theory, 2003, 109, (2), 220-245 View citations (78)
    See also Working Paper Economic growth, liquidity, and bank runs, Working Paper (2003) View citations (72) (2003)

2001

47. Loanable Funds, Monitoring and Banking
    Review of Finance, 2001, 5, (1-2), 79-114 View citations (2)
    See also Working Paper Loanable Funds, Monitoring and Banking, Center for Financial Institutions Working Papers (2000) View citations (4) (2000)
48. ON RANDOM MATCHING, MONETARY EQUILIBRIA, AND SUNSPOTS
    Macroeconomic Dynamics, 2001, 5, (1), 132-142 View citations (12)
49. On the size distribution of banks
    Economic Quarterly, 2001, (Fall), 1-25 View citations (56)

2000

50. On Search Theory and Customers
    Económica, 2000, XLVI, (1), 3-21
    Also in Económica, 2000, XLVI, (1), 3-21 (2000)
    See also Working Paper On Search Theory and Customers, Department of Economics, Working Papers (1998) (1998)