CV

Manuel Amador

updated on May 2015
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 1446974 (previously 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. “Coordination and Crisis in Monetary Unions.” Quarterly Journal of Economics. (forthcoming).
  • Amador, Manuel. Comment on “Voluntary debt exchanges in sovereign debt markets” by Hatchondo, Martinez and Padilla”. Journal of Monetary Economics. 61 (2014).
  • 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. Revision requested from the Journal of Economic Theory
  • “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.

Professional Activities

Editorial Positions

  • Associate Editor at Econometrica (since 2014)
  • 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

  • NBER, EF&G Research Meeting, February 2015
  • Wharton Conference on Liquidity and Financial Crises, 2014
  • Minnesota Workshop in Macroeconomic Theory, 2014
  • North-American Summer Meetings of the Econometric Society, 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

  • 2015: Handbook of Macroeconomics Conference Vol 2, Aguiar, Chatterjee, Cole, and Stangebye: International Debt Crises. Erwin Plein Nemmers Prize Conference, Farhi and Tirole: Deadly Embrace: Sovereign and Financial Balance Sheets Doom Loops.

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

  • 2013: Carnegie-Rochester-NYU Conference on Public Policy, 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.