On March 19th, 2009, The Bank of Canada announced that Professor David Andolfatto, 1994 Western Ph.D. graduate (currently at Simon Fraser University), is the recipient of the Bank's Research Fellowship for 2009.
Professor Andolfatto is known for his work on business cycle theory, labour market policy, and the theory of money and banking. His current research focuses on bank sector stability and policies designed to avert major financial crises.
Mark Carney, Governor of the Bank of Canada stated that "Professor Andolfatto's outstanding work contributes to excellence in monetary policy research in this country. The Bank is delighted to recognize such a valuable contributor to this field."