Vlad Manole

Vlad Manole


vlad.manole [at] rutgers.edu



Office Location

801 Hill Hall

Vlad Manole is Associate Professor in the Department of Economics, Rutgers University, Newark. He holds a Ph.D. in Economics from Washington University in St. Louis. His research interests focus on international economics, international migration and industrial organization. He is currently working on issues related to international migration, tariff aggregation, international trade, innovation and competition. Before joining Rutgers University he worked for The Conference Board, the United Nations and the World Bank where he was involved in research related on the impact of tariffs on trade liberalization, developed models to analyze the effects of human and social capital on the patterns of migration, and analyzed the productivity of commercial banks in emerging markets.

Courses Taught

International Trade

Intermediate Microeconomics

Game Theory

Introduction to Microeconomics


  • "Do bank liquidity shocks hamper firms’ innovation?" with  Mariana Spatareanu, and Ali Kabiri, International Journal of Industrial Organization 67 (2019): 102520.

  •  "Exports and bank shocks: Evidence from matched firm-bank data" with  Mariana Spatareanu,  and Ali Kabiri,  Structural Change and Economic Dynamics 47 (2018): 46-56.

  • “The origin of FDI and domestic firms’ productivity—Evidence from Vietnam.",  Ni, Bin, Mariana Spatareanu, Tsunehiro Otsuki, and Hiroyuki Yamada, Journal of Asian Economics 52 (2017): 56-76.

  • "Sovereign Risk and Deposit Dynamics: Evidence from Europe,” with David Grigorian, Applied Economics,  49, no. 29 (2017): 2851-2860.

  • “Bank distress and firms’ investment during the Great Recession - evidence from Ireland” with Mariana Spatareanu and Ali Kabiri, Applied Economics Letters, published online April 21, 2016, forthcoming on paper.

  • “Aggregating trade distortions” with Will Martin, Economics Bulletin, Vol. 36 No. 1 p.A32, 2016.

  • “Investment climate, foreign networks and exporting – evidence from Africa” with M. Spatareanu, International Review of Applied Economics, 29(3), 349 – 373, 2015.

  • “Foreign direct investment spillovers and firms’ access to credit” with M. Spatareanu, Applied Financial Economics, 24 (12), 801-809, 2014.

  • “A Cross-Country Non-Parametric Analysis of Bahrain's Banking System,” with D. Gregorian, Acta Universitatis Sapientiae - Economics and Business. Volume 1, Issue 1, Pages 23–38, 2014.

  • "Migration and Diversity: Human versus Social Capital" with Maurice Schiff, Review of International Economics, 21 (2), 281-294, 2013.

  •  “The Impact of ICT on the Geographic Distribution of Employment” with Randall Weiss, in Bart Van Ark ed.,  The Linked World - How ICT Is Transforming Societies, Cultures, and Economies, Published by Ariel and Fundación Telefónica, 2011. Spanish version “El impacto de las TIC sobre la distribución geográfica del trabajo”

  • “Exporting, capital investment and financial constraints” with Mariana Spatareanu, Review of World Economics, 146 (1), 2010.

  • “Trade openness and income — A re-examination” with Mariana Spatareanu, Economics Letters, vol. 106(1), 2010.

  • Productivity, Performance, and Progress: Germany in International Comparative Perspective,” with Bart van Ark, Kirsten Jaeger, and Andreas Metz, published by  The Conference Board, New York, March 2009. A summary version of the book in German is available from the Friedrich-Ebert- Stiftung under the title: Wohlstand durch Produktivität. Deutschland im internationalen Vergleich (www.fes.de/zukunft2020).

  • “Growing Beyond Oil: Productivity, Performance, and Progress in the Countries of the Gulf Cooperation Council” with Ewout Frankema,  Andrew Tank and Bart van Ark,  Research Report, The Conference Board, June 2008.

  • “China’s Emergence as the Workshop of the World” with Will Martin, in B. M. Fleisher, N. C. Hope, A. A. Pena, and D. T. Yang, eds.  Policy Reform and Chinese Markets - Progress and Challenges, Edward Elgar Publishing, 2008.

  • “Determinants of Commercial Bank Performance in Transition: An Application of Data Envelopment Analysis” with D. Grigorian, Comparative Economic Studies, 48: 497–522, 2006.

  • “Choosing formulas for market access negotiations: efficiency and market access considerations,” with J. Francois, W. Martin, in Jayasuriya, S., ed., Trade Policy Reforms and Development: Essays in Honour of Peter Lloyd, Volume II, Edward Elgar Publishing, 2005. A version was published as “Formula Approaches to Liberalizing Trade in Goods: Efficiency and Market Access Considerations.” With Francois, Joseph and William Martin.. In Simon Evenett and Bernard Hoekman, eds., Economic Development and Multilateral Trade Cooperation. A co-publication of the World Bank, Washington D.C., and Palgrave Macmillan, United Kingdom, 2005.

  • “WITS – World Integrated Trade Solutions,” in P. Dee and M. Ferrantino, eds Quantitative Methods for Assessing the Effects of Non-Tariff Measures and Trade Facilitation, World Scientific, Singapore, 2005.