Research / Investigación

Publications / Publicaciones

  1. Bond risk premia and the return forecasting factor, with Agustín Gutierrez and Martín Solá, Forthcoming, Studies in Nonlinear Dynamics and Econometrics.
  2. Real exchange rates and primary commodity prices, with Joao Ayres and Juan Pablo Nicolini, Working paper Journal of International Economics, 2020, Vol. 122.
  3. Bond risk premia and restrictions on risk prices with Martín Solá. Journal of Risk and Financial Management, 2018, 11, 60.
  4. Risk premia and seasonality in commodity futures, with Ivan Petrella and Martín Solá. Online supplement here. Working paper. Journal of Applied Econometrics, 2018, Vol 33, Issue 6, pp. 853-873.
  5. Assessing the degree of international consumption risk sharing, with Luis Servén. Online supplement here. Working paper. Journal of Development Economics, 2018, Vol 134, pp. 176-190.
  6. Monitoring money for price stability, with Juan Pablo Nicolini. Working paper. Journal of Economic Dynamics and Control, 2018, Vol 89, pp. 50-63.
  7. Privatization and nationalization cycles, with Roberto Chang and Norman V. Loayza. Working paper. Macroeconomic Dynamics, 2018, Vol 22, Issue 2, pp. 331-361.
  8. Estimating and forecasting the yield curve using a Markov switching dynamic Nelson and Siegel model, with Martín González Rozada, Martín Solá, and Fabio Spagnolo. Working paper. Journal of Applied Econometrics, 2015, Vol 30, Issue 6, pp. 987-1009.
  9. Emerging market fluctuations: What makes the difference? Working paper here. Online Appendix Journal of International Economics, 2014, Vol 94, Issue 1, pp. 33-49.
  10. Optimal devaluations, with Juan Pablo Nicolini. Working paper. IMF Economic Review, 2013, Vol 61, No 1.
  11. How resilient and countercyclical were emerging economies to the global crisis? with Tatiana Didier and Sergio Schmukler. Journal of International Money and Finance, 2012, Vol 31 No 8.
  12. Saving and growth in Egypt, with Norman V. Loayza. Middle East Development Journal, 2012, Vol 4, No 1.

Other publications / otras publicaciones

  1. Política monetaria y la enfermedad holandesa: rigidez de precios y de salarios, with Juan Pablo Nicolini. Economía Chilena, 2015. Vol. 18 No. 2, pp. 28-60.
  2. Respuestas de política a la crisis financiera global: ¿Qué hicieron diferente las economías emergentes?, with Francisco Ceballos, Tatiana Didier, and Sergio Schmukler. Revista de Estudios Económicos, 2012 Central Bank of Peru 24, 27-43.
  3. Emerging country responses to the global crisis, with Tatiana Didier and Sergio Schmukler in Financial Contagion: The Viral Threat to the Wealth of Nations, Robert W. Kolb (Ed.), John Wiley & Sons, Inc., 2011, 203-218.

Working papers / trabajos no publicados y en progreso

Non-technical articles / Notas de difusión y otros artículos