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Mark Carlson is an Advisor in the Division of Monetary Affairs at the Board of Governors of the Federal Reserve System.  In addition to contributing to staff efforts supporting monetary policy at the Federal Reserve, he has worked on issues related to the discount window, financial stability, and developments in the commercial banking sector.  His research focuses on understanding financial crises, particularly historical episodes such as the banking crises of the 1930s and the panics of the National Banking Era, and the impact of such crises on financial intermediation.  Dr. Carlson’s work has been published in the Journal of Political Economy; the Journal of Money, Credit, and Banking; the Journal of Financial Economics, and Explorations in Economic History.  Dr. Carlson has also held the position of senior economist at the Bank for International Settlements.  He received his doctorate from the University of California, Berkeley.