Contact Information
202-452-3776
jaime.marquez@frb.gov

Fields of Interest
International Finance
Econometrics and Statistics
Open Economy Macroeconomics

Education
Ph.D., Economics, University of Pennsylvania, 1983
B.A., Economics, Universidad Catolica Andres Bello, 1978

Professional Experience
Board of Governors of the Federal Reserve System, 1983-present
Professorial Lecturer, Georgetown University, 1984-1985
Professorial Lecturer, University of Maryland, 1986-1990
Professorial Lecturer, Johns Hopkins University-SAIS, 1990-present
Editor, Springer Series on Advanced Studies in Theoretical and Applied Econometrics, 1990-present
Consultant, International Monetary Fund, 2006-2007

Selected Publications

• Measuring U.S. International Relative Prices: A WARP View of the World (with Charles P. Thomas and Sean Fahle ), International Finance Discussion Papers 917. Washington: Board of Governors of the Federal Reserve System, 2008.
• ''Exchange-rate Effects on China's Trade'' (with John Schindler), Review of International Economics, vol. 15 (November 2007), pp. 837-53.
• ''Estimating Elasticities for U.S. Trade in Services,'' Economic Modelling, vol. 23 (March 2006), pp. 276-307.
• ''IT Investment and Hicks' Composite-Good Theorem: The U.S. Experience'' (with Shing-Yi Wang), Journal of Economic and Social Measurement, vol. 31 (2006), pp. 33-46.
• ''International Comparisons of Productivity Growth: The Role of Information Technology and Regulatory Practices'' (with Christopher Gust), Labour Economics, vol. 11 (2004), pp. 33-58.
• ''Productivity, Investment, and Current Accounts: Reassessing the Evidence,'' Weltwirtschaftliches Archiv , vol. 140 (2004), pp. 282-301.
• ''An Empirical Analysis of Inflation in OECD Countries'' (with Jane Ihrig), International Finance, vol. 7 (2004), pp. 61-84.
• Estimating Trade Elasticities. Dordrecht, The Netherlands: Kluwer Academic Publishers, 2002.
• ''Modeling the IMF’s Statistical Discrepancy in the Global Current Account'' (with Lisa Workman), IMF Staff Papers, vol. 48 (December 2001), pp. 499-521.
• ''Long-period Trade Elasticities for Canada, Japan, and the United States,'' Review of International Economics, vol. 7 (1999), pp. 102-116.
• ''A Framework for Economic Forecasting'' (with Neil Ericsson), Econometrics Journal, vol. 1 (1998), pp. 228-66.
• ''The Econometrics of Elasticities or the Elasticity of Econometrics: An Empirical Analysis of the Behavior of U.S. Imports,'' Review of Economics and Statistics, vol. 76 (1994), pp. 471-81.
• ''Encompassing the Forecasts of U.S. Trade-balance Models'' (with Neil Ericsson), Review of Economics and Statistics, vol. 75 (1993), pp. 19-31.
• ''The Dynamics of Uncertainty or the Uncertainty of Dynamics: Stochastic J-Curves,'' Review of Economics and Statistics, vol. 73 (1991), pp. 125-33.
• ''Bilateral Trade Elasticities 1990,'' Review of Economics and Statistics, vol. 72 (1990), pp. 70-77.
• ''Income and Price Elasticities for Exports of Developing Countries'' (with C. McNeilly), Review of Economics and Statistics, vol. 70 (1988), pp. 306-314.
• ''"Money Demand in Open Economies: A Currency Substitution Model for Venezuela,'' Journal of International Money and Finance, vol. 6 (1987), pp. 167-178.
• ''International Policy Coordination and Growth Prospects of Developing Countries: An Optimal Control Application'' (with P. Pauly), Journal of Development Economics, vol. 25 (1987), pp. 89-104.
• ''Oil Price Effects in Theory and Practice,'' Journal of Development Economics, vol. 24 (1986), pp. 1-27.
• ''Foreign Exchange Constraints and Growth Possibilities for The LDCs,'' Journal of Development Economics, vol. 19 (1985), pp. 39-57.