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Diego Mendez-Carbajo




Ph.D. Economics
Florida International University

M.A. Economics
Florida International University

B.A. Economics
Universidad Autonoma de Madrid

Contact Info

Phone: (314) 444-7488
Fax: (314) 444-8731

Research Division
Federal Reserve Bank of St. Louis
P.O. Box 442
St. Louis, MO 63166-0442

For media inquiries contact:
Shera Dalin
Phone: (314) 444-3911

Diego Mendez-Carbajo

Senior Economic Education Specialist

Diego Mendez-Carbajo works to bridge economic education and the use of FRED. He regularly facilitates workshops on active learning with data at regional and national academic conferences. Before joining the Research Division, Diego was a Professor of Economics at Illinois Wesleyan University in Bloomington, Illinois, where he taught a wide range of courses for nineteen years. His scholarship on teaching and learning has been published in the Journal of Economic Education, International Review of Economics Education, and American Journal of Distance Education, among others. In 2017 he received the Abbejean Kehler Technology Award from the National Association of Economic Educators (NAEE) for his work promoting the use of technology to improve the delivery of programs in economic education. He is currently the chair of the NAEE Research Committee and an associate editor of The American Economist.

Selected Publications and Lessons

"Using FRED Data to Address Diversity and Inclusion in the Classroom," The American Economist, 67:2, April 2022, 1-14.

"Twenty Years of Business and Economic Education Research: Ranking Analysis of the Journals," (with Franklin Mixon). Journal of Teaching in International Business, 33: 1, May 2022, 80-99.

"Obstacles as Building Blocks: Font Disfluency and Performance on Economics Exams," (with Franklin Mixon). International Journal of Applied Behavioral Economics, 10: 4, September 2021, 1-11. 10.4018/IJABE.2021100101

"Baseline Competency and Student Self-efficacy in Data Literacy: Evidence from an Online Module." Journal of Business & Finance Librarianship, 26: 3-4, January 2021, 230-243.

"Federal Reserve Economic Data: A History," (with Genevieve Podleski). The American Economist, 66:1, March 2021, 61-73.

"Bringing Down the Walls in Business and Management Education: A Textual Analysis of Economic Education Articles," (with Carlos Asarta). Journal of Education for Business 96:1, February 2020, 10-21.

"The Impact of the COVID-19 Pandemic: Teaching and Learning with FRED Data." Teaching Resources for Economics at Community Colleges 2:2, September 2020, 4.

"The Ultimatum Game in The Dirty Dozen." In War Movies and Economics: Lessons from Hollywood's Adaptations of Military Conflict (pp. 36-42), Laura Ahlstrom and Franklin Mixon (editors). New York; NY: Routledge Economics and Popular Culture Series.

"Active Learning with FRED Data." Journal of Economic Education 51:1, February 2020, 87-94.

"Flipping the Classroom with," (with Lucy Malakar). Journal of Economic Education 51:1, February 2020, 95-102.

"Experiential and Service Learning through Local Data Projects," (with Stephanie Davis-Kahl). Scholarship and Practice of Undergraduate Research 2, no. 4 (July 2019): 23-29. 

"Keeping It Real: Information Literacy, Numeracy, and Economic Data," (with Charissa Jefferson and Katrina Stierholz). Numeracy 12, no. 2 (July 2019): 1-16.

"Keeping It Real: Teach ACRL Information Literacy Frames with FRED Data," (with Charissa Jefferson and Katrina Stierholz). Scholarship and Practice of Undergraduate Research 2, no. 4 (July 2019): 43. 

"Segmenting Education Content: Long-form vs. Short-form Online Learning Modules," (with Scott Wolla). American Journal of Distance Education 33, no. 2 (March 2019): 1-12.

"One Small Spoonful at a Time: Long-form vs. Short-form Financial Education Online Learning Modules," (with Scott Wolla). Empirical Pedagogy 32, no. 4 (January 2019): 401-415.

"Experiential Learning in Macroeconomics through FREDcast," International Review of Economics Education 30, no. 1 (January 2019): 1-10.

"Can Economic Education Improve Entry-Level Math Skills?" (with Franklin Mixon and Carlos Asarta). Perspectives on Economic Education Research 11, no. 1 (November 2018): 19-40.

"Active Learning with Data." Teaching Resources for Economics at Community Colleges 1, no. 2 (September 2018): 2.

"FREDcast: Economic Forecasting Game," (with Mary Suiter). Journal of Economic Education 49, no. 3 (July 2018): 296.

"Building a Taylor Rule Using FRED," (with Keith Taylor and Mark Bayles). Journal of Economics Teaching 2, no. 1 (June 2017): 14-29.

"Using FRED Data to Teach Price Elasticity of Demand," (with Carlos Asarta). Journal of Economic Education 48, no. 3 (May 2017): 176-185.

"Quantitative Reasoning and Information Literacy in Economics." In Information Literacy: Research and Collaboration across Disciplines (pp. 305-322), Barbara D’Angelo, Sandra Jamieson, Barry Maid, and Janice R. Walker (editors). Perspectives on Writing. Fort Collins, Colorado: WAC Clearinghouse and University of Colorado Press.

"Visualizing Data and the Online FRED Database." Journal of Economic Education 46, no. 4 (September 2015): 420-429.

Leadership and Service

National Association of Economic Educators, Research Committee Chairperson, 2018-present.

The American Economist, Associate Editor, 2018-present.

University of Delaware Center for Economic Education and Entrepreneurship, Visiting Scholar, 2018–present.

Universidad Católica de Santo Domingo, Dominican Republic - M.A. Program in Applied Economics, Visiting Associate Professor, 2009 & 2012

Professional Awards

National Association of Economic Educators, Abbejean Kehler Technology Award, 2017.

Illinois Wesleyan University, Student Nominations for Professor of the Year Award, 2013 & 2014

Illinois Wesleyan University, Phi Kappa Phi Academic Honors Society, 2012