Research
My research focuses on understanding policy consequences and trade-offs in banking and macroeconomics. My applied work broadly covers three branches: (i) combining modern econometric techniques with newly digitized historic datasets to address questions in US and British economic history; (ii) evaluating effects of modern macroprudential financial regulation; and (iii) studing the estimation of DSGE models with Markov switching mechanisms, relaxing the assumptions of rational expectations and introducing behavioral elements.
Research interests: Banking and Financial Economics, Macroeconomics, Bayesian Analysis, Economic History.
Working papers:
Bank Leverage Limits and Risk-Taking in the Mortgage Market: evidence from post-crisis reforms (job market paper) [PDF]
The 1920s Credit Boom, Stock Prices and Macroeconomic Fluctuations [PDF]
Capital Ratios and Bank Portfolio Allocation: a discrete-choice approach [PDF]
Contagion of Fear: Panics, Money, and the Great Depression (joint with Gary Richardson and Kris Mitchener)
Work in progress:
Acts of Parliament and British Economic Growth, 1509-1900 (joint with Dan Bogart and Gary Richardson)
Learning, Unlearning, and Relearning Keynes (joint with Fabio Milani and Rene Zamarripa Nayib)
Sentiment Shocks and Asset Price Fluctuations
Published papers and book chapters:
Marodin, F. A. & Portugal, M. S. Exchange rate pass-through in Brazil: a Markov switching DSGE estimation for the inflation targeting period. Russian Journal of Money & Finance, vol. 78, n. 1, March 2019. [PDF]
Carneiro, E. V. P. & Marodin, F. A. Remarks on the autonomy of the Central Bank of Brazil. Revista da Procuradoria-Geral do Banco Central, vol 9, n. 1, June 2015. [PDF]
Borenstein, D., Marodin, F. A. & Simonetto, E. O. DSS experiences in South America. In: Burstein, Frada, Holsapple, Clyde W. (Eds.). Handbook on Decision Support Systems vol 2. Berlin: Springer Verlag, 2008. [PDF]
Marodin, F. A. & Vargas, L. M. Estratégias de gestão de conhecimento e o uso de tecnologia de informação. FACEF Pesquisa, 2005. [PDF]
Papers presented at scientific conferences:
Marodin, F. A. Bank Leverage Limits and Risk-Taking in the Mortgage Market: evidence from post-crisis reforms. Eastern Finance Association (EFA) Annual Meeting, Washington, DC, 2022. International Banking, Economics and Finance Association (IBEFA) Summer Meeting, Portland, OR, 2022, FDIC Banking Research Conference, Arlington, VA, 2022.
Marodin, F. A. The 1920s Credit Boom, Stock Prices and Macroeconomic Fluctuations. Society for Nonlinear Dynamics and Econometrics Annual Symposium, Online, 2020. Economic History Association Annual Meeting, Atlanta, GA, 2019. Western Economic Association International Summer Meeting, San Diego, CA, 2023.
Marodin, F. A. & Portugal, M. S. Incomplete exchange rate pass-through in a Markov switching model. Brazilian Econometric Society Annual Meeting (SBE), Foz do Iguacu, Brazil, Dec 2016.
Marodin, F. A., Marodin, G. A. & Borenstein, D. Forest planning with timber species balancing in southern Brazil. Informs Anual Meeting, San Francisco, CA, Oct 2005.
Marodin, F. A. & Marodin, G. A. Integrating Sales and Production Planning in the Wood Industry. 8th International Conference of the Association of Information Systems, Porto Alegre, Brazil, Jul 2005.
Marodin, F. A. & Marodin, G. A. A LP model for multiple stand management with timber species constraints. Brazilian Symposium of Operations Research, Gramado, Brazil, 2005.
Marodin, G. A. & Marodin, F. A. Sistema de Programação da Produção na Indústria de Madeira. Symposium of International Operations and Production Management, Fundação Getulio Vargas / FGV, São Paulo, Brazil, 2005.
Marodin, F. A. & Vargas, L. M. Estratégias de Gestão de Conhecimento e o Uso de Tecnologia de Informação. Brazilian Academy of Management Conference. Curitiba, Brazil, 2004.
Marodin, F. A., Pitangueira, A. M.; Bezerra, C. & Santos, E. R. Otimização do Uso de Matéria-Prima. Brazilian Academy of Management Conference. Atibaia, Brazil, 2003.