Contact Information
202-452-3987
mark.a.carlson@frb.gov

Fields of Interest
Banking and Financial Institutions
Economic History
Monetary Policy

Education
Ph.D., Economics, University of California at Berkeley, 2001
B.S., Economics, University of Minnesota, 1996

Professional Experience
Board of Governors of the Federal Reserve System, 2001-present

Selected Publications

• Distress in the Financial Sector and Economic Activity (with Thomas B. King and Kurt F. Lewis), Finance and Economics Discussion Series 2008-43. Washington: Board of Governors of the Federal Reserve System, 2008.
• Alternatives for Distressed Banks and the Panics of the Great Depression, Finance and Economics Discussion Series 2008-07. Washington: Board of Governors of the Federal Reserve System, 2008.
• Market Conditions and Hedge Fund Survival (with Jason Steinman), Finance and Economics Discussion Series 2008-28. Washington: Board of Governors of the Federal Reserve System, 2008.
• A Brief History of the 1987 Stock Market Crash with a Discussion of the Federal Reserve Response, Finance and Economics Discussion Series 2007-13. Washington: Board of Governors of the Federal Reserve System, 2007.
• ''Branch Banking, Bank Competition, and Financial Stability'' (with Kris James Mitchener), Journal of Money, Credit, and Banking, vol. 38 (August 2006), pp. 1293-1328.
• ''Rating Agencies and Sovereign Debt Rollover'' (with Galina Hale), Topics in Macroeconomics, vol. 6 (2006).
• ''Causes of Bank Suspensions in the Panic of 1893,'' Explorations in Economic History, vol. 42 (2005), pp. 56-80.
• ''Profits and Balance Sheet Developments at U.S. Commercial Banks in 2003'' (with Roberto Perli), Federal Reserve Bulletin, vol. 90 (Spring 2004), pp. 162-192.
• ''Are Branch Banks Better Survivors? Evidence from the Depression Era,'' Economic Inquiry, vol. 42 (January 2004), pp. 111-126.
• Determinants and Repercussions of the Composition of Capital Inflows (with Leonardo Hernandez), International Finance Discussion Papers 717. Washington: Board of Governors of the Federal Reserve System, 2002.
• ''Profits and Balance Sheet Developments at U.S. Commercial Banks in 2001'' (with William F. Bassett), Federal Reserve Bulletin, vol. 88 (June 2002), pp. 259-288.