Mark Spiegel

Senior Research Advisor
FRBSF

415.974.3241

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Areas of interest

  • Banking
  • International finance and lending
  • Economic development and human capital

Background

Mark Spiegel is a Senior Research Advisor in the Economic Research Department of the Federal Reserve Bank of San Francisco. Prior to joining the Federal Reserve, he served as an assistant professor in the Department of Economics at New York University. He has served as a visiting professor in the Economics Department of U.C. Berkeley, as well as a lecturer at the Haas School of Business at U.C. Berkeley and Bocconi University in Milan, Italy. He has also served as a consultant at the World Bank, as a visiting scholar at the Bank of Japan, and as Chairman of the Federal Reserve System Committee on International Economic Analysis. Mr. Spiegel received his Ph.D. in economics from the University of California at Los Angeles. He has published numerous articles in both academic and policy-oriented journals on international financial issues, with an emphasis on international lending and sovereign risk. He has also written extensively on Japanese banking issues.

Selected research

"Financial Development and Growth: Are the APEC Nations Unique?," in 2001 APEC World Economic Symposium Proceedings, APEC, 79-106, (2002).

"The Role of Financial Development in Growth and Investment," (with Jess Benhabib), Journal of Economic Growth, Vol. 5, 341-360, (2000).

"Threshold Effects in International Lending," Journal of Development Economics, Vol. 46, Number 2, April, 341-356, (1995).

"Determinants of Long-Run Productivity Growth: A Selective Survey with Some New Empirical Results," (1995), background paper for World Development Report 1995: Workers in an Integrating World, World Bank (Washington DC).

"The Role of Human Capital in Economic Development: Evidence from Aggregate Cross-Country Data," (with Jess Benhabib) Journal of Monetary Economics, Vol. 34, Number 2, October, 143-174, (1994).

"The Role of Human Capital and Political Instability in Economic Development," (with Jess Benhabib), in Baldassari, Mario, Luigi Paganetto, and Edmund S. Phelps, eds., International Differences in Growth Rates, (St. Martin's Press: New York) 55-94, (1994).