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July 2026: I attended this year's meeting as a member of the Copper Reference Price Advisory Committee of the Chilean Government's Budget Office. This committee along with the Non-mining GDP Advisory Committee contribute to obtain the two key parameters to elaborate the 2027 Chilean Fiscal Budget project. More details here (Spanish)
July 2026: The IMF Executive Board concluded the 2026 Article IV consultation with Burkina Faso, completed the fifth review under the Extended Credit Facility, and approved an augmentation of access. The Board also completed the first review under the Resilience and Sustainability Facility. I was an amazing experience to contribute to this work as part of the Burkina Faso country team, an assignment I have just concluded, after two years of serving in the team. The review recognized the authorities' strong program performance and economic resilience, while addressing significant external, security, and humanitarian challenges. More information is available in the [press release] and the [Staff Report].
December 2025: New Working Paper. In this work "Good News Travels Fast: Global Demand Shocks, Oil Futures, and Emerging Markets Dynamics", we look at how surprises in global demand spread through the world economy, especially for emerging markets. Using a new way to track these shocks—based on how oil prices react to major job announcements in the US and Europe—we find that stronger global demand lifts production, lowers uncertainty, and improves financial conditions. For emerging markets, it boosts growth, raises inflation, strengthens their currencies, and reduces borrowing costs. Oil importers and exporters feel these effects differently, showing how net trade positions shape the impact. Our approach offers a new and reliable way to identify global demand shocks.
My name is David Coble and I hold a Ph.D in economics, obtained at the Department of Economics - The University of Chicago. I currently work as Economist at the International Monetary Fund in the Strategy, Policy and Review Department in Washington, DC. Previously, I worked as the Group Lead Economist of the Methodology and Quantitative Analysis Group at the Central Bank of Chile. My main research interests are Applied Macroeconomics and International Economics.
Prior to joining the Central Bank of Chile, I worked at InvestChile, the International Monetary Fund, and the Department of Economics at the University of Chile. While studying my Ph.D, I worked at the Becker Friedman Institute, the Energy Policy Institute, and the College at the University of Chicago.
My CV is available here.
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