photo of Federico Mandelman

Federico Mandelman

Research Economist and Associate Policy Adviser

Research Department
Federal Reserve Bank of Atlanta
1000 Peachtree Street N.E.
Atlanta, Georgia 30309-4470
404-498-8785
federico.mandelman@atl.frb.org
http://sites.google.com/site/federicomandelmanhomepage/

To interview economists, press should contact Public Affairs at 404-498-8748.

  • Biography

    Federico Mandelman is a research economist and associate policy adviser on the regional team in the research department of the Federal Reserve Bank of Atlanta. His major fields of study are international macroeconomics, emerging economies, banking, and monetary economics.

    Prior to joining the bank in 2006, Dr. Mandelman was a research assistant, teaching assistant, and instructor at Boston College. While working on his undergraduate degree in Argentina, he worked at banking institutions like BNP-Paribas and Banco de la Nación Argentina.

    Dr. Mandelman received his doctorate in economics and a master of arts in economics from Boston College. He earned a degree in economics from the University of Buenos Aires in Argentina.

  • Research

    Research Fields

    International Economics
    Macroeconomics

    Publications in Refereed Journals

    Mandelman, Federico S. and Andrei Zlate. "Immigration, Remittances, and Business Cycles." Journal of Monetary Economics. Forthcoming.

    Mandelman, Federico S. "Monetary and Exchange Rate Policy under Remittance Fluctuations." Journal of Development Economics. Forthcoming.

    Mandelman, Federico S., Emmanuel K.K. Lartey, and Pablo A. Acosta "Remittances, Exchange Rate Regimes, and the Dutch Disease: A Panel Data Analysis." Review of International Economics. Forthcoming.

    Mandelman, Federico S. "Business Cycles and the Role for Imperfect Competition in the Banking System." International Finance 14, no. 1 (2011): 103–33.

    Mandelman, Federico S., Pau Rabanal, Juan Rubio-Ramírez, and Diego Vilán. "Investment-Specific Technology Shocks and International Business Cycles: An Empirical Assessment." Review of Economic Dynamics 14, no. 1 (January 2011): 136–55.

    Mandelman, Federico S. "Business Cycles and Monetary Regimes in Emerging Economies: A Role for a Monopolistic Banking Sector." Journal of International Economics 81, no. 1 (May 2010): 102–16.

    Mandelman, Federico S., Gabriel V. Montes-Rojas. "Microentrepreneurship and the Business Cycle: Is 'Self-Employment' a desirable outcome?" World Development 79, no. 1 (December 2009): 1914–25.

    Mandelman, Federico S., Pablo A. Acosta, and Emmanuel K.K. Lartey. "Remittances and the Dutch Disease." Journal of International Economics 79, no. 1 (September 2009): 102–16.

    Federal Reserve Publications

    "Housing starts, remittances and macroeconomic developments," macroblog. May 28, 2009.

    "Financial Development, Remittances, and Real Exchange Rate Appreciation" (with Pablo A. Acosta and Nicole Rae Baerg). Economic Review vol. 94, no. 1 (2009): 1–12.

    "Remittances Ebb and Flow with the Immigration Tide" (with Courtney Nosal). EconSouth vol. 10, no. 3 (2008).

    Atlanta Fed Working Papers

    2014-28
    Offshoring, Low-Skilled Immigration, and Labor Market Polarization
    Federico S. Mandelman and Andrei Zlate
    December 2014
    Abstract | Full text in PDF

    2014-19
    Remittances, Entrepreneurship, and Employment Dynamics over the Business Cycle
    Alan Finkelstein Shapiro and Federico S. Mandelman
    November 2014
    Abstract | Full text in PDF

    2013-17
    Labor Market Polarization and International Macroeconomic Dynamics
    Federico S. Mandelman
    December 2013
    Abstract | Full text in PDF

    2013-16
    Flexible Prices, Labor Market Frictions, and the Response of Employment to Technology Shocks
    Federico S. Mandelman and Francesco Zanetti
    December 2013
    Abstract | Full text in PDF

    2011-7
    Monetary and Exchange Rate Policy under Remittance Fluctuations
    Federico S. Mandelman
    March 2011
    Abstract | Full text in PDF

    2010-3
    Investment-Specific Technology Shocks and International Business Cycles: An Empirical Assessment
    Federico S. Mandelman, Pau Rabanal, Juan F. Rubio-Ramírez, and Diego Vilán
    February 2010
    Abstract | Full text in PDF

    2008-25b
    Immigration, Remittances, and Business Cycles
    Federico S. Mandelman and Andrei Zlate
    Revised February 2012
    Abstract | Full text in PDF

    2008-12
    Remittances, Exchange Rate Regimes, and the Dutch Disease: A Panel Data Analysis
    Emmanuel K.K. Lartey, Federico S. Mandelman, and Pablo A. Acosta
    March 2008
    Abstract | Full text in PDF

    2008-10
    Technology Shocks, Employment, and Labor Market Frictions
    Federico S. Mandelman and Francesco Zanetti
    February 2008
    Abstract | Full text in PDF

    2007-15
    Microentrepreneurship and the Business Cycle: Is Self-Employment a Desired Outcome?
    Federico S. Mandelman and Gabriel V. Montes Rojas
    July 2007
    Abstract | Full text in PDF

    2007-8a
    Remittances and the Dutch Disease
    Pablo A. Acosta, Emmanuel K.K. Lartey, and Federico S. Mandelman
    Revised August 2009
    Abstract | Full text in PDF

    2006-21
    Business Cycles: A Role for Imperfect Competition in the Banking System
    Federico S. Mandelman
    November 2006
    Abstract | Full text in PDF

    2006-17b
    Business Cycles and Monetary Regimes in Emerging Economies: A Role for a Monopolistic Banking Sector
    Federico S. Mandelman
    Revised November 2009
    Abstract | Full text in PDF

  • Curriculum Vitae

    Education

    PhD, Economics, Boston College, May 2006
    Dissertation Committee: Fabio Ghironi (chair), Peter Ireland, and Fabio Schiantarelli

    MA, Economics, Boston College, 2002
    Licentiate, Economics, Universidad de Buenos Aires, 2000

    Employment

    Federal Reserve Bank of Atlanta 2006—present
    Research Economist and Assistant Policy Adviser, research department

    Teaching Appointments

    Boston College—Undergraduate Courses:

    1. Principles of Macroeconomics, Teaching Fellow (Titular Instructor), spring 2006, fall 2005, summer 2005, and fall 2004
    2. Principles of Macroeconomics, Teaching Assistant, spring 2004
    3. Principles of Microeconomics, Teaching Assistant, fall 2003
    4. Economic Development, Teaching Assistant, spring 2002
    5. Political Economy of Developing Nations, Teaching Assistant, fall 2001
    6. Economies of Latin America, Teaching Assistant, fall 2001

    Boston College—Graduate Courses:

    1. Macroeconomic Theory II, Teaching Assistant, spring 2003
    2. Macroeconomic Theory I, Teaching Assistant, fall 2002

    Other Experience

    1. Central Bank of Argentina, Visiting Scholar, 2007
    2. Boston College, Research Assistant, 2002–03
    3. BNP-PARIBAS, Capital Markets, 1999–2001
    4. Banco de la Nación Argentina, 1998–99

    Selected Honors, Scholarships, and Fellowships

    1. H. Michael Mann Award, Boston College, summer 2005
    2. Thesis Fellowship for an outstanding Ph.D., work progress, Boston College, spring 2005
    3. Greeley Award, Boston College, summer 2004
    4. Boston College Full Tuition Remission and Financial Support, 2001–present

    Seminar and Conference Presentations

    2012: American Economic Association (Chicago)

    2011: California State University, San Diego State University, Migration and Development Conference (Harvard University), American University of Sharjah (UAE)

    2010: Federal Reserve Board, Society of Economic Dynamics (Montreal), Midwest Macro (Michigan State University), World Congress of the Econometric Society (China), Migration and Development Conference (Paris School of Economics), Southern Economic Association (Atlanta)

    2009: Central Bank of Philippines, Bank of Japan, NBER Summer Institute (International Finance and Macroeconomics), Inter-American Development Bank, Georgia Tech, Federal Reserve Bank of Dallas (System Committee Meetings), Universidad de San Andrés

    2008: Universidad Torcuato Di Tella, Board of Governors of the Federal Reserve System, LACEA-LAMES Rio de Janeiro, Central Bank of Argentina, Econometric Society

    2007: Inter-American Dialogue, Central Bank of Argentina, LACEA-LAMES, Bogotá, Southern Economic Association, Inter-American Development Bank, Universidad de San Andrés, Federal Reserve Bank of Philadelphia, Caribbean Center for Monetary Studies (Belize), Calfornia State University, CEMA

    2006: Federal Reserve Bank of New York, Federal Reserve Bank of Atlanta, LACEA-LAMES Mexico

    2005: Ninth World Congress of the Econometric Society, Banco Central de la República Argentina, Universidad Torcuato Di Tella, Universidad de San Andrés, Universidad del CEMA, Universidad Nacional de la Plata

    Peer Review Referee Work

    Journal of International Economics (12), Journal of Development Economics (6), B.E Journals (3), International Economic Review (2), Economic Inquiry, Economic Letters, IMF Staff Papers, Journal of International Trade and Development, Southern Economic Journal, Regional Science and Urban Economics, World Development

    Conference Organization

    2011 System Committee Meeting for International Economic Analysis, Atlanta Fed

    2010 Immigration and Remittances, Atlanta Fed

    2009 Quantitative Approaches to Monetary Policy in Open Economies, Atlanta Fed

    2008 Remittances and the Macroeconomy, Atlanta Fed

    Computer Skills

    Mathematica, MATLAB, MS Office, OX, RATS, Scientific Workplace, STATA

    Languages

    Spanish (native), English (fluent), Portuguese (basic)