Jaime Marquez
Senior Lecturer
About
Senior Economist, Federal Reserve Board 1983-2013
Applied Econometrics for Open Economies
PhD, University of Pennsylvania, 1983
Managing editor of the series Advanced Studies in Theoretical and Applied Econometrics, Springer-Verlag, 1991-2010
Fall 2013-2018, Consultant to the Frontiers Strategy Group
Johns Hopkins SAIS Excellence in Teaching Award 1996, 2004, 2014, 2018 (MIEF)
Contractor for the Federal Open Market Committee Secretariat 2015 to 2018
Interviewing Member of the FRB Oral History Project 2009-2013
Applied Econometrics for Open Economies
PhD, University of Pennsylvania, 1983
Managing editor of the series Advanced Studies in Theoretical and Applied Econometrics, Springer-Verlag, 1991-2010
Fall 2013-2018, Consultant to the Frontiers Strategy Group
Johns Hopkins SAIS Excellence in Teaching Award 1996, 2004, 2014, 2018 (MIEF)
Contractor for the Federal Open Market Committee Secretariat 2015 to 2018
Interviewing Member of the FRB Oral History Project 2009-2013
Master of Arts in Liberal Arts, St. John's College, 2019
Guest editor for the Fall 2020 issue of the Journal of Risk and Financial Management
Ongoing Research
The Future of Illusion or Illusions of the Future: FOMC Economic Projections 2008-2015 (2016),with Sebastian Herador.
Forecasting FOMC Forecasts (2018) with S. Yanki Kalfa
Refereed Articles
"FOMC Forecasts: Are They Useful for Understanding Monetary Policy?" (with S. Yanki Kalfa) J. Risk Financial Manag. 2019, 12, no. 3: 133.
"OTC Derivatives and Global Economic Activity," (with G. Bodnar and J. Fortun) J. Risk Financial Manag. 2017, 10(2), 13; doi:10.3390/jrfm10020013
"The Federal Reserve's Balance Sheet and Overnight Interest Rates: Empirical Modeling of Exit Strategies," (2013) (with A. Morse and B. Schlusche (2013), Journal of Banking and Finance, in press (https://dx.doi.org/10.1016/j.jbankfin.2013.01.015)
"Foreign Holdings of U.S. Treasuries and U.S. Treasury Yields," (2013) (with Beltran, Daniel O., Maxwell Kretchmer and Charles P. Thomas, Journal of International Money and Finance, vol. 32, pp. 1120-1143.
“Some Simple Tests of the Globalization and Inflation Hypothesis," (2010) (with J. Ihrig, S. Kamin, and D. Lindner), International Finance, Vol. 13, 343-375.
“Measures of International Relative Prices for China and the United States,” (2009) (with C. Thomas and S. Fahle), Pacific Economic Review, Vo. 14, 376-397.
“Measurement Matters for Modeling U.S. Import Prices,” (2009) (with C. Thomas), International Journal of Finance and Economics, Vol. 14, 120-138.
“Exchange-Rate Effect on China’s Trade,” (2007)(with J. Schindler), Review of International Economics, Vol. 15, 837-853.
“An Empirical Analysis of Inflation in OECD Countries,” (2004) (with J. Ihrig), International Finance, Vol. 7, 61-84.
“Productivity, Investment, and Current Accounts: Reassessing the Evidence,” (2004)
Weltwirtschaftliches Archiv, Vol. 140, 282-301.
“International Comparisons of Productivity Growth: The Role of Information Technology and Regulatory Practices," (2004) (with C. Gust), Labour Economics, Vol. 11, 33-58.
“Modeling the IMF’s Statistical Discrepancy in the Global Current Account,” (2001) (with L. Workman), IMF Staff Papers, Vol. 48, 499-521.
"Long-period Trade Elasticities for Canada, Japan, and the United States," (1999), Review of International Economics, Vol. 7, 102-116.
“A Framework for Economic Forecasting,” (1998), Econometrics Journal, (with N. Ericsson), Vol.1, 228-266.
The Econometrics of Elasticities or the Elasticity of Econometrics: An Empirical Analysis of the Behavior of U.S. Imports," (1994) Review of Economics and Statistics, Vol. 76, pp. 471-481.
"Life Expectancy of International Cartels: An Empirical Analysis," (1994), Review of Industrial Economics, Vol. 9, pp. 331-341.
"Encompassing the Forecasts of U.S. Trade-balance Models," (1993), (with N. Ericsson, Review of Economics and Statistics, Vol. 75, pp. 19-31.
"The Dynamics of Uncertainty or the Uncertainty of Dynamics: Stochastic J-Curves," (1991), Review of Economics and Statistics, Vol. 73, pp. 125-133.
"Bilateral Trade Elasticities," (1990), Review of Economics and Statistics, Vol. 72, pp. 70-77.
"Income and Price Elasticities for Exports of Developing Countries," (1988), (with C. McNeilly), Review of Economics and Statistics, Vol. 70, pp. 306-314.
"Money Demand in Open Economies: A Currency Substitution Model for Venezuela," Journal of International Money and Finance, Vol. 6, pp. 167-178; (1987).
"Oil Price Effects in Theory and Practice," Journal of Development Economics, Vol. 24, pp. 1-27; (1986).
"Foreign Exchange Constraints and Growth Possibilities for The LDCs," Journal of Development Economics, Vol.19, pp. 39-57; (1985).
Books and Monographs
Estimating Trade Elasticities, (2002), Kluwer Academic Publishers, Boston.
Trade Elasticities for G-7 Countries, (2000), (with P. Hooper and K. Johnson), Princeton Studies in International Economics, Vol. 87, August.
Economics in Theory and Practice, (1989), (co-editor, with L. Klein), Kluwer Academic Publishers, Dordrecht.
Econometrics and Economic Theory (ed.), Basil Blackwell, Oxford, (1985).
Oil Price Effects and OPEC's Pricing Policy: An Optimal Control Approach, Lexington Books, D.C. Heath, (1984).
The Future of Illusion or Illusions of the Future: FOMC Economic Projections 2008-2015 (2016),with Sebastian Herador.
Forecasting FOMC Forecasts (2018) with S. Yanki Kalfa
Refereed Articles
"FOMC Forecasts: Are They Useful for Understanding Monetary Policy?" (with S. Yanki Kalfa) J. Risk Financial Manag. 2019, 12, no. 3: 133.
"OTC Derivatives and Global Economic Activity," (with G. Bodnar and J. Fortun) J. Risk Financial Manag. 2017, 10(2), 13; doi:10.3390/jrfm10020013
"The Federal Reserve's Balance Sheet and Overnight Interest Rates: Empirical Modeling of Exit Strategies," (2013) (with A. Morse and B. Schlusche (2013), Journal of Banking and Finance, in press (https://dx.doi.org/10.1016/j.jbankfin.2013.01.015)
"Foreign Holdings of U.S. Treasuries and U.S. Treasury Yields," (2013) (with Beltran, Daniel O., Maxwell Kretchmer and Charles P. Thomas, Journal of International Money and Finance, vol. 32, pp. 1120-1143.
“Some Simple Tests of the Globalization and Inflation Hypothesis," (2010) (with J. Ihrig, S. Kamin, and D. Lindner), International Finance, Vol. 13, 343-375.
“Measures of International Relative Prices for China and the United States,” (2009) (with C. Thomas and S. Fahle), Pacific Economic Review, Vo. 14, 376-397.
“Measurement Matters for Modeling U.S. Import Prices,” (2009) (with C. Thomas), International Journal of Finance and Economics, Vol. 14, 120-138.
“Exchange-Rate Effect on China’s Trade,” (2007)(with J. Schindler), Review of International Economics, Vol. 15, 837-853.
“An Empirical Analysis of Inflation in OECD Countries,” (2004) (with J. Ihrig), International Finance, Vol. 7, 61-84.
“Productivity, Investment, and Current Accounts: Reassessing the Evidence,” (2004)
Weltwirtschaftliches Archiv, Vol. 140, 282-301.
“International Comparisons of Productivity Growth: The Role of Information Technology and Regulatory Practices," (2004) (with C. Gust), Labour Economics, Vol. 11, 33-58.
“Modeling the IMF’s Statistical Discrepancy in the Global Current Account,” (2001) (with L. Workman), IMF Staff Papers, Vol. 48, 499-521.
"Long-period Trade Elasticities for Canada, Japan, and the United States," (1999), Review of International Economics, Vol. 7, 102-116.
“A Framework for Economic Forecasting,” (1998), Econometrics Journal, (with N. Ericsson), Vol.1, 228-266.
The Econometrics of Elasticities or the Elasticity of Econometrics: An Empirical Analysis of the Behavior of U.S. Imports," (1994) Review of Economics and Statistics, Vol. 76, pp. 471-481.
"Life Expectancy of International Cartels: An Empirical Analysis," (1994), Review of Industrial Economics, Vol. 9, pp. 331-341.
"Encompassing the Forecasts of U.S. Trade-balance Models," (1993), (with N. Ericsson, Review of Economics and Statistics, Vol. 75, pp. 19-31.
"The Dynamics of Uncertainty or the Uncertainty of Dynamics: Stochastic J-Curves," (1991), Review of Economics and Statistics, Vol. 73, pp. 125-133.
"Bilateral Trade Elasticities," (1990), Review of Economics and Statistics, Vol. 72, pp. 70-77.
"Income and Price Elasticities for Exports of Developing Countries," (1988), (with C. McNeilly), Review of Economics and Statistics, Vol. 70, pp. 306-314.
"Money Demand in Open Economies: A Currency Substitution Model for Venezuela," Journal of International Money and Finance, Vol. 6, pp. 167-178; (1987).
"Oil Price Effects in Theory and Practice," Journal of Development Economics, Vol. 24, pp. 1-27; (1986).
"Foreign Exchange Constraints and Growth Possibilities for The LDCs," Journal of Development Economics, Vol.19, pp. 39-57; (1985).
Books and Monographs
Estimating Trade Elasticities, (2002), Kluwer Academic Publishers, Boston.
Trade Elasticities for G-7 Countries, (2000), (with P. Hooper and K. Johnson), Princeton Studies in International Economics, Vol. 87, August.
Economics in Theory and Practice, (1989), (co-editor, with L. Klein), Kluwer Academic Publishers, Dordrecht.
Econometrics and Economic Theory (ed.), Basil Blackwell, Oxford, (1985).
Oil Price Effects and OPEC's Pricing Policy: An Optimal Control Approach, Lexington Books, D.C. Heath, (1984).