CV

Manuel Amador

updated on March 2014
latest version [PDF]

amador.manuel@gmail.comhttp://amadormanuel.me
Federal Reserve Bank of Minneapolis, Research Department.
90 Hennepin Avenue, Minneapolis, MN 55401

Education

  • 1998-2003, Massachusetts Institute of Technology, PhD in Economics
    Field: Macroeconomics, International Economics, Political Economy
  • 1997-1998, P.I.M.A., Pontificia Universidad Catolica de Chile, Santiago, Chile
  • 1993-1997, Pontificia Universidad Catolica Madre y Maestra, Santo Domingo, Dominican Republic, B.S. in Economics

Appointments

  • 2013– , Monetary Advisor, Federal Reserve Bank of Minneapolis
  • 2006-2013, Assistant Professor, Department of Economics, Stanford University
  • 2005-2006, Assistant Professor, Department of Economics, Harvard University
  • 2003-2006, Assistant Professor, Graduate School of Business, Stanford University

Other Appointments

  • 2014– , National Bureau of Economic Research: Research Associate
  • 2006-2014, National Bureau of Economic Research: Faculty Research Fellow
  • Nov 2012, Invited Visitor at the Federal Reserve Bank of Minneapolis
  • 2010-2011, Visiting Professor, Princeton University
  • Apr 2009, Invited Visitor at the Graduate School of Business, University of Chicago
  • Oct 2005, Invited Visitor at the Federal Reserve Bank of Minneapolis

Honors and Grants

  • 2013, Excellence in Refereeing Award, American Economic Review
  • 2011, Alfred P. Sloan Research Fellow.
  • 2010-2015, National Science Foundation CAREER grant, Award Number 0952816.
  • 2007-2011, National Science Foundation grant, Sovereign Debt and the Tragedy of the Commons, Award Number 0647875.
  • 2003, Review of Economic Studies Tour.
  • 2003, Solow Price for Graduate Student Excellence in Teaching and Research, MIT.

Publications

  • Aguiar, Mark, Manuel Amador, Emmanuel Farhi and Gita Gopinath. “Sovereign Debt Booms in Monetary Unions.” American Economic Review: Papers and Proceedings. 104.5 (2014).
  • Aguiar, Mark and Manuel Amador. “Sovereign Debt.” Handbook of International Economics Vol 4. North-Holland (2014): 647-87.
  • Amador, Manuel, and Kyle Bagwell. “The theory of optimal delegation with an application to tariff caps.” Econometrica 81.4 (2013): 1541-1599.
  • Amador, Manuel, and Pierre-Olivier Weill. “Learning from private and public observations of othersʼ actions.” Journal of Economic Theory 147.3 (2012): 910-940.
  • Amador, Manuel and Kyle Bagwell. “Tariff Revenue and Tariff Caps.” American Economic Review: Papers & Proceedings 102.3 (2012): 459–465.
  • Aguiar, Mark, and Manuel Amador. “Growth in the Shadow of Expropriation.” The Quarterly Journal of Economics 126.2 (2011): 651-697.
  • Amador, Manuel, and Pierre-Olivier Weill. “Learning from Prices: Public Communication and Welfare.” Journal of Political Economy 118.5 (2010): 866-907.
  • Aguiar, Mark, Manuel Amador, and Gita Gopinath. “Investment cycles and sovereign debt overhang.” The Review of economic studies 76.1 (2009): 1-31.
  • Aguiar, Mark, Manuel Amador, and Gita Gopinath. “Expropriation Dynamics.” American Economic Review: Papers and Proceedings 99.2 (2009): 473-479.
  • Amador, Manuel, Ivan Werning, and George‐Marios Angeletos. “Commitment vs. flexibility.” Econometrica 74.2 (2006): 365-396.

Working Papers

  • “Sovereign Debt and the Tragedy of the Commons”, (previously titled “A Political Economy Model of Sovereign Debt Repayment”). Revision requested from the Journal of Economic Theory.
  • “Fiscal Policy in Debt-Constrained Economies”, joint with Mark Aguiar.
  • “Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises”, joint with Mark Aguiar, Gita Gopinath, and Emmanuel Farhi.
  • “Regulating a Monopolist with Uncertain Costs without Transfers”, joint with Kyle Bagwell.
  • “Take the Short Route: How to Repay Sovereign Debt with Multiple Maturities”. joint with Mark Aguiar
  • “Money Burning in the Theory of Delegation”, joint with Kyle Bagwell.
  • “Coordination and Crisis in a Currency Union”, joint with Mark Aguiar, Gita Gopinath and Emmanuel Farhi.

Presentations

  • 2014: Indiana University.
  • 2013: MIT-Harvard Macro-International Seminar. UCLA Macro mini conference. UTDT XVI Workshop in International Economics and Finance, Santo Domingo, Dominican Republic. Economic Fluctuations and Growth, Summer Meetings, National Bureau of Economic Research. University of Chicago. INET Working Group on Macroeconomic Externalities, IMF.
  • 2012: Toulouse School of Economics. Duke University. Federal Reserve Bank of Minneapolis. University of Maryland. University of British Columbia, Canada. Riskbank Conference “Sovereign Debt and Default”, Stockholm, Sweden. International Economics Handbook Conference at Cambridge, MA. West Coast Workshop on International Finance and Open Economy Macroeconomics, Santa Clara University, CA. University of Chicago. Cornell University. University of Wisconsin-Madison. University of Southern California
  • 2011: Pennsylvania State University. Harvard University. Ohio State University. Becker Friedman Institute, “Fiscal Imbalance conference”, Chicago. Conference “Monetary and Fiscal Interactions: An Endogenous Policy Perspective”, Federal Reserve Bank of Richmond. Meetings of the Society of Economic Dynamics, Ghent. Conference “Institutions and International Capital Flows”, Barcelona. Federal Reserve of Philadelphia. New York University. University of Houston. Massachusetts Institute of Technology. Conference, Annual Cowles General Equilibrium, Yale.
  • 2010: London School of Economics. CREI – Universitat Pompeu Fabra. University of Bocconi. “Workshop on Endogenous Institutions and Conflict”, Berkeley. Meetings of the American Economic Association. Columbia University. University of California at Los Angeles. Central European University, Hungary. Conference on “Monetary Economics”, Bank of Portugal.
  • 2009: Santa Cruz Center for International Economics. Toulouse School of Economics. Bank of Portugal. Economic Fluctuations and Growth – Growth Conference, Summer Meetings, National Bureau of Economic Research. Dominican Republic’s Ministry of Finance. University of Chicago, GSB. Political Economy Conference, Princeton University. Economic Development Conference, New York University – Stern.
  • 2008: Meetings of the American Economic Association. Cornell University. Rochester University. Yale University. University of Maryland. MIT
  • 2007: World Bank. Economic Fluctuations and Growth, Fall Meeting, National Bureau of Economic Research. University of Wisconsin, at Madison. University of California, San Diego. University of Pennsylvania. Washington University at St. Louis. Conference “Complementarities and Information”, IESE, Barcelona. Trinity College, IIIS, Dublin. Conference “Frontiers of Macroeconomics and International Economics”, Moscow, New School of Economics. University of Montreal. Meetings of the American Economic Association Meetings. University of Chicago, GSB
  • 2006: Pennsylvania State University. University of California at Los Angeles. Stanford University. Massachusetts Institute of Technology. Columbia University, GSB. Cornell University. Conference “Minnesota Workshop on Theoretical Macroeconomics”. Wharton School, University of Pennsylvania. Massachusetts Institute of Technology. World Bank. Brown University.
  • 2005: New York University. Princeton University. Harvard University. Federal Reserve Bank of Minneapolis. Federal Reserve Bank of Philadelphia. National Bureau of Economic Research, International Finance and Macroeconomics)Summer meetings. London School of Economics. University of Bocconi, Italy. CREI – Universitat Pompeu Fabra, Barcelona. University of California at Santa Cruz. University of California at Berkeley. Federal Reserve Bank of San Francisco.
  • 2004: Stanford University. Society for Economics Dynamics, Florence. University of California, Los Angeles. International Monetary Fund, Research Department. Harvard University. Meetings of the American Economic Association. Conference on “Sovereign Debt,” Dallas Federal Reserve and University of Texas.
  • 2003: Stanford Institute for Theoretical Economics, Stanford. London School of Economics. University of Rochester. University of Chicago. University of Chicago GSB. Stanford GSB. University of Maryland. Northwestern University. Yale University. University of California, Santa Cruz. Federal Reserve Bank of Boston. University of California at Los Angeles, Anderson School of Management. University of California at Berkeley. Meetings of the American Economic Association.

Professional Activities

Editorial Positions

  • Associate Editor at the Journal of International Economics (since 2014)
  • Associate Editor at the American Economic Review (since 2014)

Referee

  • American Economic Review, Journal of Political Economy, Quarterly Journal of Economics, Econometrica, Review of Economic Studies, Journal of International Economics, Journal of the European Economic Association, Review of Economic Dynamics, Journal of Economic Theory, Economic Journal, AEJ:Macro, International Economic Review, Economic Theory, Journal of Development Economics, Journal of Public Economics, and the National Science Foundation.

Program Organizer

  • North-American Summer Meetings of the Econometric Sociaty, 2014
  • Society of Economic Dynamics, 2008, 2009, 2010, 2011
  • Stanford Institute for Theoretical Economics, Summer 2010, 2012
  • North-American Summer Meetings of the Econometric Society, 2012
  • UTDT XVI Workshop in International Economics and Finance, Santo Domingo, Dominican Republic, Summer 2013

Discussions

  • 2014: Becker Friedman Institute for Research in Economics, Conference on The Monetary and Fiscal History of Latin America, April, Bigio and Sargent: Monetary-Fiscal Crises, Reforms, and Reversals in Three Countries.

  • 2013: Carnegie-Rochester-NYU Conference on Public Policy, April. Hatchondo, Martinez and Sosa Padilla: Voluntary Debt Exchanges in Sovereign Debt Markets. NBER International Finance and Macroeconomics Program Meeting, March. Dovis: Efficient Sovereign Default. NBER EFJK Meeting, February. Aghion, Akcigit, Fernandez-Villaverde: Optimal Capital versus Labor Taxation with Innovation-Led Growth.

  • 2012: Wharton Conference on Liquidity and Financial Crises. Conesa and Kehoe: Gambling for Redemption and Self-fulfilling Debt Crises. Annual meeting of the Western Finance Association, Las Vegas, Acharya and Rajan: Sovereign Debt, Government Myopia and The Financial Sector.

  • 2011: NBER International Finance and Macroeconomics, Fall Meetings, Azzimonti, Francisco, and Quadrini: Financial Globalization and the Raising of the Public Debt. Institutions and International Capital Flows Conference, Barcelona, Martin and Taddei: International Capital Flows and Credit Market Imperfections: a Tale of Two Frictions. Princeton Conference on Political Economy, Harstag: The Market for Conservation and Other Hostages. Rochester Conference in Honor of Lionel McKinzie, Fahri and Werning: Insurance and Taxation over the Life Cycle. UTDT XIII Workshop in International Economics and Finance, Lima, Peru, Alvarez, Gonzalez-Rozada, Neumeyer and Beraja: From Hyperinflation to Stable Prices: Argentina’s evidence on menu cost models.

  • 2010: American Economic Association Meetings, Atlanta. Samun Basu: Optimal Insurance Policy with Private Capital Flows.

  • 2009: Stanford Center for International Development, Latin America and Caribbean economic policy reform. Pieschacon: Oil Booms and their impact through fiscal policy.

  • 2007: Santa Cruz Center For International Economics, Caballero and Lorenzoni: Persistent Appreciations and Overshooting: A Normative Analysis. Pacific Basin Conference at the San Francisco Federal Reserve Bank. Alfaro and Kanczuk: Optimal Reserve Management and Sovereign Debt. International conference “Frontiers of Macroeconomics and International Economics”. Moscow. Farhi and Werning: Quantitative Explorations of the Inverse Euler. IX Workshop in International Economics and Finance, Chile, Araujo and Santos: Confidence Crises, Credibility and the Inflation Target Level.

  • 2006: American Economic Association Meetings. Duffie and Manso:
    Information Percolation in Large Markets. NBER International Finance and Macroeconomics. Fall meetings. Mendoza, Quadrini and Rios-Rull: Financial Integration, Financial Deepness and Global Imbalances. Santa Cruz Center For International Economics. Yue: Sovereign Default and Debt Renegotiation.

  • 2005: LACEA Conference in Paris, sponsored by the American University of Paris. Andujar: The Political Economy of Policy Reform: An analytical framework for Dominican Republic. Stanford Conference on Health, Demographics and Economic Development. Boldrin, Jones and Khan: 3 equations describing the Industrial Revolution? Allied Social Sciences Associations, Philadelphia. Hernandez-Cata: Institutions to Accompany the Market in Cuba’s Future Economic Transition. American Economic Association Meetings Philadelphia. Bulow and Rogoff: Grant versus Loans.