My research interests include macroeconomics and applied microeconomics. My recent work has focused on credit risk and on agency models of career concerns.
Leonardo Martinez is on leave from his position as an economist in the Research Department to work at the International Monetary Fund. He joined the Richmond Fed after graduating from the University of Rochester in 2004.
Ph.D., University of Rochester, 2004
M.A., University of Rochester, 2001
B.A., Universidad Nacional de Tucumán, 1998
"Heterogeneous Borrowers in Quantitative Models of Sovereign Default." (with Juan Carlos Hatchondo and Horacio Sapriza). International Economic Review 50, no. 4 (November 2009): 1129-1151.
"Long-Duration Bonds and Sovereign Defaults." (with Juan Carlos Hatchondo). Journal of International Economics 79, no. 1 (September 2009): 117-125.
"A Theory of Political Cycles." Journal of Economic Theory. 144, no. 3 (May 2009): 1166-1186.
"Reputation, Career Concerns, and Job Assignments". B.E. Journal of Theoretical Economics. 9, no. 1 (January 2009): Article 15.
| Issue | Title | Author(s) |
|---|---|---|
| Summer 2009 | Why Could Political Incentives Be Different During Election Times? |
Leonardo Martinez
|
| Spring 2008 | On the Evolution of Income Inequality in the United States | Kevin A. Bryan Leonardo Martinez |
| Summer 2007 | Quantitative Models of Sovereign Default and the Threat of Financial Exclusion |
Juan Carlos Hatchondo
Leonardo Martinez Horacio Sapriza |
| Spring 2007 | The Economics of Sovereign Defaults |
Juan Carlos Hatchondo
Leonardo Martinez Horacio Sapriza |
| Winter 2006 | Are We Working Too Hard or Should We Be Working Harder? A Simple Model of Career Concerns | Andrew Foerster Leonardo Martinez |
| 10-08 May 2010 |
Debt Dilution and Sovereign Default Risk |
Juan Carlos Hatchondo
Leonardo Martinez Cesar Sosa Padilla |
| 10-04 March 2010 |
Quantitative Properties of Sovereign Default Models: Solution Methods Matter |
Juan Carlos Hatchondo
Leonardo Martinez Horacio Sapriza |
| 08-2R May 2008 |
Long-Duration Bonds and Sovereign Defaults (Revised July 2009) |
Juan Carlos Hatchondo
Leonardo Martinez |
| 07-1R March 2007 |
Heterogeneous Borrowers in Quantitative Models of Sovereign Default (Revised: Sep. 2008) |
Juan Carlos Hatchondo
Leonardo Martinez Horacio Sapriza |
| 06-1R January 2006 |
Reputation, Career Concerns, and Job Assignments (Revised Apr. 2009) |
Leonardo Martinez
|
| 05-4R July 2005 |
A Theory of Political Cycles (Revised: Dec. 2008) |
Leonardo Martinez
|
| Essay | Title | Author(s) |
|---|---|---|
| 08-02 November 2008 |
What Income Inequality Measures Can (and Cannot) Tell Us | Leonardo Martinez Stephen Slivinski |
"On the Design and Effectiveness of Targeted Expenditure Programs" (with Ehtisham Ahmad). Revise and resubmit, Economics & Politics.
"On the Cyclicality of the Interest Rate in Emerging Economies: Solution Methods Matter" (with Juan Carlos Hatchondo and Horacio Sapriza). Revise and resubmit, Review of Economic Dynamics.
"Credit Risk without Commitment" (with Juan Carlos Hatchondo).
"Mortgages and Foreclosures" (with Juan Carlos Hatchondo and Juan Sánchez).
Leonardo Martinez
(804) 697-8337