Federico Mandelman is a research economist and associate adviser on the macroeconomics and monetary policy 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.
Atlanta Fed Working Papers
Investment-Specific Technology Shocks and International Business Cycles: An Empirical Assessment
Federico S. Mandelman, Pau Rabanal, Juan F. Rubio-Ramírez, and Diego Vilán
Abstract | Full text in PDF (366 KB)
Other Fed Work
Federico Mandelman, Pablo A. Acosta and Nicole Rae Baerg. "Financial Development, Remittances, and Real Exchange Rate Appreciation." Federal Reserve Bank of Atlanta Economic Review (2009 Q1).
Abstract | Full text (1.41 MB)
Federico Mandelman and Courtney Nosal. "Remittances Ebb and Flow with the Immigration Tide." Federal Reserve Bank of Atlanta EconSouth (2008 No 1).
Federico S. Mandelman, Makalaya Palmer, and Giulia Zilioa. "Cumulative U.S. Trade Deficits Resulting in Net Profits for the U.S. (and Net Losses for China)," macroblog. October 14, 2016.
Federico S. Mandelman and Andrei Zlate. "The Slump in Undocumented Immigration to the United States," macroblog. October 5, 2016.
Federico Mandelman. "Housing starts, remittances and macroeconomic developments," macroblog. May 28, 2009.
Economy Matters Podcast Episodes
Federico Mandelman. "'You Can Build the Infrastructure from Zero': A Conversation about Digital Adoption in Emerging Economies." March 26, 2020.
Federico Mandelman. "Immigration, Offshoring, and Their Effects on U.S. Wages." November 30, 2016.
Refereed Academic Publications
"Remittances, Entrepreneurship and Employment Dynamics over the Business Cycle" (with Alan Finkelstein Shapiro)
Journal of International Economics 103, November 2016, 184–189.
"Labor Market Polarization and International Macroeconomic Dynamics"
Journal of Monetary Economics 79, May 2016, 1–16.
"Flexible Prices, Labor Market Frictions, and the Response of Employment to Technology Shocks" (with Francesco Zanetti).
Labour Economics 26, January 2014, 94–102.
"Monetary and Exchange Rate Policy under Remittance Fluctuations"
Journal of Development Economics 102, May 2013, 128–147.
"Immigration, Remittances, and Business Cycles" (with Andrei Zlate).
Journal of Monetary Economics 59(2), March 2012, 196–213.
"Remittances, Exchange Rate Regimes and the Dutch Disease: A Panel Data Analysis" (with Emmanuel Lartey and Pablo Acosta).
Review of International Economics 20(2), May 2012, 377–395.
"Investment-Specific Technology Shocks and International Business Cycles: An Empirical Assessment" (with Pau Rabanal, Juan Rubio-Ramírez, and Diego Vilán).
Review of Economic Dynamics 14(1), January 2011, 136–155.
"Business Cycles and the Role for Imperfect Competition in the Banking System"
International Finance 14(1), Spring 2011, 103–133.
"Business Cycles and Monetary Regimes in Emerging Economies: A Role for a Monopolistic Banking Sector."
Journal of International Economics 81(1), May 2010, 102–116.
"Microentrepreneurship and the Business Cycle: Is "Self-Employment" A desirable outcome?" (with Gabriel Montes-Rojas).
World Development 79(1), December 2009, 1914–1925.
"Remittances and the Dutch Disease" (with Pablo Acosta and Emmanuel Lartey).
Journal of International Economics 79(1), September 2009, 102–116.
"Economic Aspects of International Labor Migration" (with Andrei Zlate). International Finance, 20(1), Spring 2017.