Economist
Federal Reserve Bank of Dallas

Mark Guzman graduated from Cornell University in 1997 with a Ph.D. in economics. His primary fields were macroeconomics and monetary economics. After graduating, he taught for two years in the Boston area at Wellesley College and Bentley College. He joined the Dallas Fed in August 1999.

Guzman's publications to date have focused on the macroeconomic effects of both monetary and fiscal policy in economies characterized by banking systems subject to binding and nonbinding reserve requirements, asymmetric information and liquidity shocks. His current research concentrates on understanding the effect of different market structures in the banking industry on economic growth. Additional work involves examining the interrelationship between immigration border enforcement and immigrant smugglers and how the two affect economic well-being in the countries impacted by migration.