Rodolfo E. Manuelli
August, 2000
Department of Economics
University if Wisconsin
6448A Social Science
1180 Observatory Drive
Madison, WI, 53706
email: manuelli@ssc.wisc.edu

 Personal Data

 Personal Address: 1426 E. Skyline Dr.
 Home Number: (608) 238 8630
 Citizenship:  Argentina (U.S. permanent resident).

 Education

  Ph. D. (Economics) from University of Minnesota, 1986.
  M.A. (Economics) from University of Minnesota, 1986.
  Licenciado (Economics) from the University of Buenos Aires, Argentina, 1975.

Thesis

  Topics in Intertemporal Economics

Major Fields of Concentration

 Aggregate economics, international economics, monetary theory and public finance

Honors and Award

1975 Graduated from the University of Buenos Aires with honors  (Diploma de Honor -- top 5% of class).
1974 Chamber of Commerce Fellowship, Argentina
NSF Grant SES-8909526 for the period 1989/1991.
NSF Grant SES-9109708 for the period 1991/1993.
Graduate School of Business Faculty Fellow for 1990-91.
NBER Faculty Research Fellow, 1991-.
NSF Grant 1994-97
Vilas Associates Award 1994-1995.
NSF Grant 1997 - 2001.

Experience

 1996-  Professor, Department of Economics, University of Wisconsin-Madison
 1993-1996 Associate Professor, Department of Economics, University of Wisconsin- Madison.
 1991-1993  Associate Professor, Graduate School of Business, Stanford University.
 1987-1991 Assistant Professor, Graduate School of Business, Stanford University
 1985-87 Assistant Professor, Kellogg School of Management, Northwestern University, Evanston, Illinois.
 1984-85 Visiting Scholar, Federal Reserve Bank of Minneapolis.
 1983-84 Research Associate, Federal Reserve Bank of Minneapolis.
 1978-80 Chief Economist, Foundation for Latin American Economic. Research (FIEL), Argentina.
 1978  Consultant to the Ministry of Education and Culture (Argentina).
 1975-78 Economist, National Institute for Hydraulic Sciences and Techniques (Argentina).

Published Work

Educational Costs in Argentina -- Methodology and Main Results, FIEL, 1976 (with M. Bianchi, J. Meier and M. Binimelis) .

 Determinants of Educational Achievement in Argentina, FIEL, 1976 (with M. Bianchi, J. Meier and M. Binimelis) .

Opening the Economy: The Effect of Changes in the Tariff Structure, FIEL, 1980 (with G. Nielsen and A. Sturzenegger) .

Modern Business Cycle Analysis: A Guide to the Prescott-Summers Debate, Federal Reserve Bank of Minneapolis Quarterly Review, Fall 1986.

Exercises in Dynamic Macroeconomic Theory, (with Tom Sargent), Harvard University Press, 1987.

"Models of Business Cycles: A Review Article,"  (with Tom Sargent), Journal of Monetary Economics, 1988.

"Labor Contracts in a Model of Imperfect Competition ", (with V.V. Chari and Larry Jones), May 1989, American Economic Review.

"Efficient and Inefficient Commodity 'Money' Equilibria,"  Federal Reserve Bank of Minneapolis (with Neil Wallace) (to be published in Journal of Economic Dynamics and Control).

"Exchange Rate Volatility in an Equilibrium Asset Pricing Model." August 1990 (with James Peck), International Economic Review.

"Existence and Optimality of Currency Equilibrium in Stochastic Overlapping Generations Models: The Pure Endowment Case," August 1990, Journal of Economic Theory.

"A Convex Model of Equilibrium Growth: Theory and Policy Implications," October 1990  (with Larry Jones), Journal of Political Economy.

"Sunspots-Like Effects of Random Endowments" , April 1992, (with James Peck), Journal of Economic Dynamics and Control.

"The Coordination Problem and Equilibrium Theories of Recessions," June 1992 (with Larry Jones),  American Economic Review.

"Optimal Taxation in Models of Endogenous Growth", August 1993 (with Larry Jones and Peter Rossi), Journal of Political Economy.

"Finite Lifetimes and Growth", December 1992, (with Larry Jones), Journal of Economic Theory.

"Capital Fundamentalism, Economic Development, and Economic Growth: A Comment", June 1994, Carnegie-Rochester Conference Series on Public Policy, Vol. 40.

"Growth and the Effects of Inflation", October 1995 (with Larry Jones), Journal of Economic Dynamics and Control.

"The Sources of Growth," (with Larry Jones) , Journal of Economic Dynamics and Control, January, 1997. Also published as "Las Fuentes del Crecimiento" in Cuadernos Economicos, No. 58, 1994/3.

"Endogenous Growth Theory: A Midterm Report - Introduction," (with Larry Jones) , Journal of Economic Dynamics and Control, January, 1997. Also published as "Teorias del Crecimiento Endogeno: Una Introduccion," in Cuadernos Economicos, No. 58, 1994/3.

"The Growth Effects of Monetary Policy," October 1995 (with V.V. Chari and Larry Jones), Federal Reserve Bank of Minneapolis Quarterly Review.

"Endogenous Growth and Financial Intermediation", October, 1996, (with V.V. Chari and Larry Jones),in  Price Stability and Economic Growth, Federal Reserve Bank of Saint Louis.

"On the Optimal Taxation of Capital Income" (with Larry Jones and Peter Rossi), May, 1997 , Journal of Economic Theory.

"Tax Evasion, Endogenous Spending and the Design of Optimal Tax Codes," in Essays on Tax Administration and Policy in Honor of C. M. Tacchi,  Argentine National Academy of Administrative Sciences and Institute of Economic Studies, UADE, Buenos Aires (Spanish version), 1999.

"Volatile Policy and Private Information: The Case of Monetary Shocks," (forthcoming, 2000) Journal of Economic Theory,  (with Larry Jones). For a working paper version click on (pdf)

"Endogenous Policy Choice: The Case of Pollution and Growth," (forthcoming, 2000), Review of Economic Dynamics, (with Larry Jones). Also NBER Working Paper No. 5205. (Revised May 1997). For a working paper version click on  (pdf)
 
 

Working Papers

"A General Equilibrium Model of International Credit Markets," manuscript,

"Longer Trading Periods in a Townsend Turnpike Model," October 1988 (with Tom Sargent)

"Notes on the Existence of Walrasian Equilibrium in Infinite Horizon Economies with Taxes and Government Spending" (with Larry Jones)  May, 1997.

"Alternative Monetary Policies in a Turnpike Environment," (with Tom Sargent), (under revision)

"A Note on the Behavior of Solutions to Dynamic Stochastic Models," January 1993.

"On Endogenous Versus Exogenous Growth," June 1997 (with Larry Jones and Ennio Stacchetti)

"Technology (and Policy) Shocks in Models of Endogenous Growth," March 1999 (with Larry Jones and Ennio Stacchetti) (pdf)

"Optimal Fiscal Policy in Dynamic Models," August 1998 (with Larry Jones).

"On the Taxation of Human Capital," March 1999 (with Larry Jones) (pdf)

"Tax Evasion, Endogenous Spending and the Design of Optimal Tax Codes," March 1999 (pdf)

"Increases in Risk, and the Probability of Trade," March 1999 (with Larry Jones) (pdf)

"Growth and Business Cycles," April 2000, (with Larry Jones and Henry Siu), NBER working paper No. 7633 (pdf)

"Technological Change, the Labor Market and the Stock Market," (pdf)
 

Other

Visiting Professor at
     Universidad de Tucuman, Tucuman, Argentina, 1993, 1998, 2000.
     Universidad DiTella, Buenos Aires, Argentina, 1994, 1996, 1997, 1998, 1999, 2000.
     Fundacao Getulio Vargas, Rio de Janeiro, Brazil, 1996.
Director, Social Systems Research Institute, University of Wisconsin, July 1995 - July 1997.