ACADEMIC & RESEARCH INTEREST
International Macroeconomics, Sovereign Debt, Production Networks, Monetary Policy
EDUCATION
University of Minnesota
Ph.D. in Economics
Minneapolis, U.S.A | Sep. 2020- 2026 (expected)
Pontificia Universidad Javeriana
M.Sc. in Economics
Bogota, Colombia | Jan. 2016-Jun 2018
Pontificia Universidad Javeriana
B.A. in Economics
Bogota, Colombia | Jan. 2012-Dec 2016
ACADEMIC & RESEARCH EXPERIENCE
Federal Reserve Bank Minneapolis - Research Department
Research Fellow
Minneapolis, United States of America | Sep. 2020 - Current
University of Minnesota
Instructor for Principles of Macroeconomics
Minneapolis, United States of America | Sep 2020- May 2022
Inter-American Development Bank – Research Department
Research Fellow
Washington DC, United States of America | Jun. 2018- July 2020
Universidad de La Sabana
Adjunct Professor
Bogota, Colombia | Jan. 2018- Jun 2018
Pontificia Universidad Javeriana
Research Assistant
Bogota, Colombia | Jun. 2017Jun. 2018
Fedesarrollo – World’s 2nd Think Tank in Latin-America
Research Assistant
Bogota, Colombia | Jan. 2017- Jun. 2017
National Planning Department - DNP
Internship - Sectoral General Sub-direction
Bogota, Colombia | Jun. 2016- Jan. 2017
Pontificia Universidad Javeriana
Research Assistant
Bogota, Colombia | Jun. 2014- - Dec. 2016
WORK IN PROGRESS
Bolivar, Carlos, “Connecting Sovereign Risk and Production Networks”
LANGUAGE AND COMPUTER SKILLS
Languages: Spanish (native) | English (Advanced – C1-level)
Specialized Software: Julia, Stata, Matlab, LaTeX
Microsoft Office: Word, PowerPoint, Excel (Advanced skills)
JOB MARKET PAPER
Bolivar, Carlos, “The Micro Effects of Aggregate Shocks in Endogenous Trade Networks”
WORKING PAPERS
Bolivar, Wongrattanapiboon: “Optimal Maturity and Self-Fulfilling Crises”
Bolivar, Wongrattanapiboon: “Debt Sustainability, Confidence Risk and International Reserves”
Bianchi, Bolivar: “Sovereign Debt Crises and Monetary Policy”
Bianchi, Bolivar, Sosa-Padilla: “The Political Economy of Macroprudential Policies and Capital Flows”
Balestrini, Barreto, and Bolivar: “Sovereign Debt, Currency Composition, and Financial Repression”
Bolivar: “Domestic Debt and Self-Fulfilling Crises”
Bolivar, Dueñas, Valencia: “Natural Disasters, Adaptation, and Default Risk”
PRESENTATIONS
SED 2024, SED 2025, SED Winter 2024, MIDWEST Macro 2023, BSE Summer Forum 2024, BSE Summer Forum 2025, CEBRA 2025, Vigo Workshop 2025
DISSERTATION
Title: “Endogenous Networks, Trade Costs, and Aggregate Volatility”
Advisors: Professor Manuel Amador, Professor Timothy Kehoe, Dr. Javier Bianchi, Dr. Marco Basseto
Expected Completion: Summer 2026
REFERENCES
Professor Manuel Amador
(612) 624-4060
Department of Economics
University of Minnesota
4-101 Hanson Hall
1925 Fourth Street South
Professor Timothy Kehoe
(612) 625-1589
Minneapolis, Minnesota 55455
Dr. Javier Bianchi
Monetary Advisor
Federal Reserve Bank of Minneapolis
90 Hennepin Avenue
Minneapolis, Minnesota 55401
Dr. Marco Bassetto
Monetary Advisor
Federal Reserve Bank of Minneapolis




