CV

Carlos A. Carrasco

Personal Information

Associate Professor of Economics

UDEM Business School (AACSB)

University of Monterrey (UDEM)

Phone: (+52) 8182151000 ext. 3892

Email: carlos.carrasco(at)udem(dot)edu

Positions

2016- | Associate Professor of Economics at UDEM Business School, University of Monterrey (UDEM, Mexico).

2019- | Head of UDEM Business School Research Committee

2019 (Spring) | Short-term Erasmus+ Visiting Professor at University of Debrecen (Hungary)
2015- | Member of the National System of Researchers (SNI-1 Conacyt, Mexico).
2015-2016 | CONACyT Postdoctoral Fellow at National Polytechnic Institute (Mexico).
2013-2015 | Member of the Basque Government Consolidated Research Group (IT712-13, Spain)
2015 (Summer) | Visiting Lecturer at ITESM-Puebla (Mexico).
2013-2015 | FESSUD Research Fellow at the University of the Basque Country (UPV/EHU, Spain).
2010-2013 | PhD Researcher at the University of the Basque Country (UPV/EHU, Spain).


Education

2009-2013 | PhD in Applied Economics (Economic Integration) - University of the Basque Country (International Doctorate)
2008-2009 | MA in Economic Integration - University of the Basque Country
2003-2007 | BA in Economics - Universidad Iberoamericana Puebla


Journal articles (peer reviewed)

  1. Tovar-Garcia, E.D. and Carrasco, C.A. (2019): "Export and import composition as determinants of bilateral trade in goods: Evidence from Russia" in Post-Communist Economies 31(4), 530-546.

  2. Carrasco, C.A. and Tovar-García, E.D. (2019, forthcoming): "Determinantes del Balance Comercial Bilateral de México: Ingreso, Tipo de Cambio y Composición de las Exportaciones" en Revista Finanzas y Política Económica 11(2).

  3. Tovar-Garcia, E.D. and Carrasco, C.A. (forthcoming): "High-tech trade as determinant of the US bilateral trade balance" in Journal of Economics, Finance and Administrative Science.

  4. Carrasco, C.A. and Durán-Bustamante, M. (2018): "War on drugs, violence, and the share of low-income workers in Mexico" in Economics Bulletin 38(2), pp. 696-702.

  5. Carrasco, C.A. (2018): "Is there a nonzero stable component in the Eurozone's External Balances?" in Journal of Economic Integration, 33(4), pp. 787-817.

  6. Carrasco, C.A. and Hernandez-del-Valle, A. (2018): "Causality and the long-term relationship between external balance and public balance in the Eurozone" in Cuadernos de Economía-Spanish Journal of Economics and Finance 41, 275-290.

  7. Carrasco, C.A. and Hernandez-del-Valle, A. (2017): "Revisiting the Factors behind European External Imbalances" in Journal of Economic Integration, 32(2), pp. 324-357.

  8. Carrasco, C.A. (2016): "Causality between external balance and (some) fiscal variables: Preliminary results for the Eurozone" in Economics and Business Letters, 5(3), pp. 80-86.

  9. Rodriguez, C. and Carrasco, C.A. (2016): "ECB policy responses between 2007 and 2014: a chronological analysis and an assessment of their effects" in Panoeconomicus, 63(4), pp. 455-473.

  10. Carrasco, C.A. (2015): "A note on European external imbalances and the euro adoption" in Economics Bulletin, 35(4), pp. 2104-2109.

  11. Carrasco, C.A. and Gainza, X. (2015): "La geografía de la 'Gran Moderación' en América Latina" in Revista de Economía Mundial, 41, pp. 109-131.

  12. Carrasco, C.A. and Peinado, P. (2015): "On the origin of European imbalances in the context of European integration" in Panoeconomicus, 62(2), pp. 177-191.

  13. Ferreiro, J.; Carrasco, C.A. and Gómez, C. (2014): "Convergence of public expenditures and implementation of a single model of public finances in the European Union" in Revista de Economía Mundial, 37, pp. 75-102.

  14. Carrasco, C.A. (2014): "El origen de los desequilibrios macroeconómicos en la economía española" in Problemas del Desarrollo. Revista Latinoamericana de Economía, 45(179), pp. 91-115.

  15. Carrasco, C.A.; Peinado, P. and Rodríguez-González, C. (2014): "The Spanish financial system and the crisis" in Intereconomics. Review of European Economic Policy, Forum section, 49(2), pp. 82-87.

  16. Carrasco, C. A. and Ferreiro, J. (2014): "Latin American inflation differentials with USA inflation: Does Inflation Targeting make a difference?" in Journal of Economic Policy Reform, 17(1), pp. 13-32.

  17. Carrasco, C. A. and Ferreiro, J. (2013): "Inflation Targeting in Mexico" in Journal of Post Keynesian Economics, 35(3), pp. 341-372.

  18. Carrasco, C. A. and Ferreiro, J. (2013): "Inflation Targeting and Inflation Expectations in Mexico" in Applied Economics, 45(23), pp. 3295-3304.

  19. Carrasco, C. A. and Ferreiro, J. (2011): “Inflation Targeting and Economic Performance: The Case of Mexico” in Panoeconomicus, 58(5), pp. 675-692.


Book chapters

  1. Carrasco, C.A. and Ferreiro, J. (2019): "La evolución del Banco de México visto desde sus leyes" in Perrotini-Hernández, I. y Vázquez-Muñoz, J.A. (eds.): Alternativas de Política Monetaria en la Poscrisis. Ed. UNAM, México, pp. 63-98.

  2. Carrasco, C.A., Ferreiro, J. Gálvez, C., Gómez, C. and González, A. (2016): “The impact of the financial and economic crisis on European Union member states” in Hein, E., Detzer, D., Dodig, N. (eds): Financialisation and the Financial and Economic Crises: Country Studies, Ed. Edward Elgar, USA-UK, pp. 299-320.

  3. Carrasco, C. A. and Ferreiro, J. (2016): "Crecimiento económico, gasto público y factores de riesgo externo. Un análisis del caso de México" in Tlatelpa, D. and Vázquez-Muñoz, A. (eds.): La contracción del gasto público en México. Análisis teóricos y aplicados. Ed. BUAP-Altres Costa-Amic Editores, México, pp. 263-286.

  4. Carrasco, C.A. and Serrano, F. (2015): "Global and European imbalances and the crisis: a critical review" in Hein, E., Detzer, D. and Dodig, N. (eds): The demise of finance-dominated capitalism. Explaining the financial and economic crises. Ed. Edward Elgar, USA-UK, pp. 265-288. (see here a review of this book by M. Nikolaidi in Economic Issues, 20 (2), pp. 98-100).


Prizes

2nd Place: Premio de Políticas Públicas del Consejo Nuevo León 2019 - Red de Conocimiento del Consejo Nuevo León

3rd Place: Premio Revista Comercio Exterior 2018 - Banco Nacional de Comercio Exterior (Bancomext)

Professional certifications

Declared suitable by ANECA (Spain) for the contractual figures in the Spanish University System:

Since 2015 | "Profesor Contratado Doctor" (Senior Lecturer in public universities).
Since 2015 | "Profesor de Universidad Privada" (Lecturer in private universities).
Since 2013 | "Profesor Ayudante Doctor" (Lecturer in public universities).


Teaching

University of Monterrey (UDEM, Mexico)

2019-2020 | Open Economy Macroeconomics; Macroeconomic Policy; Business Forecasting

2018-2019 | Open Economy Macroeconomics; Macroeconomic Policy; Business Forecasting

2017-2018 | Open Economy Macroeconomics; Macroeconomic Policy; Business Forecasting

2016-2017 | Open Economy Macroeconomics; Macroeconomic Policy; Money and Banking; Business Forecasting; Introductory Macroeconomics

University of Debrecen (Hungary)

2018-2019 | Public debt, price stability and trade openness: An overview from America Latina

Monterrey Institute of Technology and Higher Education (Mexico)

2014-2015 | Financial Econometrics

Universidad Iberoamericana Puebla (Mexico)

2014-2015 | Introductory Macroeconomics

University of the Basque Country (Spain)

2014-2015 | Fiscal Policy

2013-2014 | Fiscal Policy

2012-2013 | Macroeconomic Principles

2011-2012 | Countercyclical Economic Policy I

2010-2011 | Macroeconomic Policy

 

Research projects/groups

Research projects

  • Project name: "FESSUD-Financialisation, Economy, Society and Sustainable Development". Researchers: Malcolm Sawyer (main researcher) and researchers from 14 partner institutions. Call: FP7-SSH-2010-1 Proposal No. 266800-FESSUD; period: 01/12/2011-30/11/16. Amount: 7.9 millions of euros

  • Project name: “Calidad de las finanzas públicas y política fiscal en la Unión Europea”. Researchers: Ferreiro, J. (main researcher), Carrasco, C. A., García del Valle, M. and Gómez, C. Call: UPV/EHU-2009 (EHU09/33); period: 03/12/2009-02/12/2010. Amount: 11,533 euros

Research groups

  • Basque Government Consolidated Research Group (IT1052-16), 2016-2018; call: BOPV 16-11-2015; main researcher: Felipe Serrano

  • Basque Government Consolidated Research Group (IT712-13), 2013-2015; call: BOPV 27-07-2012; main researcher: Felipe Serrano

  • Basque Government Consolidated Research Group (IT379-10), 2010-2012; call: BOPV 04-11-2009; main researcher: Felipe Serrano

Editorial and Referee Services

Editorial services:

2014- | Member of the International Editorial Board of Panoeconomicus

2019- | Member of the Editorial Board of 360: Revista de Ciencias de la Gestión

Referee for:

MIT Press (book chapter); Emerging Markets Finance & Trade; Scottish Journal of Political Economy; Applied Economics; Applied Economics Letters; Economic Change and Restructuring; Journal of Economic Policy Reform; Revista de Economía Mundial; Problemas del Desarrollo; Cuadernos de economía-Spanish Journal of Economics and Finance; Panoeconomicus; Economic Analysis and Policy; Economics and Business Letters; and university research projects for BUAP and UNAM

Working papers and non-peer reviewed articles

  1. Carrasco, C. A. and Ferreiro, J. (2016): "An analysis of the determinants of the impact of the Great Recession on the Eurozone countries" in FESSUD Working Paper Series No. 149

  2. Carrasco, C. A. and Peinado, P. (2014): "On the origin of European imbalances in the context of European integration" in FESSUD Working Paper Series No. 71

  3. Rodríguez, C. and Carrasco, C.A. (2014): "ECB policy responses between 2007 and 2014: a chronological analysis and a money quantity assessment of their effects" in FESSUD Working Paper Series No. 65 (R&R)

  4. Carrasco, C.A. and Serrano, F. (2014): "Global and European Imbalances: A critical review" in FESSUD Working Paper Series No. 42

  5. Carrasco, C. A. and Ferreiro, J. (2014): "La Gran Moderación en América Latina y los Fundamentos Macroeconómicos" in Ola Financiera, Núm. 17, Enero-Abril, UNAM, pp. 37-56.

  6. Carrasco, C.A. (2013): "El NCM y la mediocridad del crecimiento económico en México" in MPRA Paper 53391.

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