Huneeus, Federico, Kaboski, Joseph, Larrain, Mauricio, Schmukler, Sergio, Vera, Mario. 2025. “Crisis Credit, Employment Protection, Indebtedness, and Risk,” World Bank Policy Research Working Paper 10958. Revised and resubmitted to the American Economic Journal: Macroeconomics, third round.

• Earlier version available as “The Distribution of Crisis Credit: Effects on Firm Indebtedness and Aggregate Risk,”  Central Bank of Chile Working Paper 942, CEPR Discussion Paper 17061, NBER Working Paper 29774, and World Bank Policy Research Working Paper 9937

• Featured on the NBER frontpage, Apr 28, 2022

• Winner of Best Policy Research Methods Award, LACademia, World Bank, June 2025

Moretti, Matias, Pandolfi, Lorenzo, Schmukler, Sergio, Villegas, German, Williams, Tomas, 2026. “Inelastic Demand Meets Optimal Supply of Risky Sovereign Bonds,” CSEF Working Paper 173, IMF Working Paper 2024/227, World Bank Policy Research Working Paper 10735. Revise and resubmit at Econometrica.

• Winner of Best Policy Research Methods Award, LACademia, World Bank, June 2026

Cortina, Juan, Raddatz, Claudio, Schmukler, Sergio, and Williams, Tomas. 2025. “Green Debt Transition: From Issuances to Emissions,” GWU Working Paper 2025-012, MoFiR Working Paper 193, World Bank Policy Research Working Paper 11226.

Broner, Fernando, Cortina, Juan, Schmukler, Sergio, and Williams, Tomas. 2026. “Demand Shocks in Equity Markets and Firm Financing.” Barcelona School of Economics Working Paper 1157, CEPR DP21311, GWU Working Paper 2026-002, MoFiR Working Paper 196, World Bank Policy Research Working Paper 11315.

Larrain, Mauricio, Luna, Facundo, Raddatz, Claudio, Rojas, Cristian, and Schmukler, Sergio. 2026. “Natural Disasters and Credit Risk,” mimeo.

Garcia-Santana, Manuel, Kirpichev, Dmitri, Moretti, Matias, Schmukler, Sergio, 2026. “Capital Markets and Misallocation: Evidence from Global Firm-level Issuances,” mimeo.

Schmukler, Sergio, Tessada, Jose, Vasquez, Cristian, and Vera, Mario, 2026. “Winners and Losers from Interest Rate Ceilings: Quasi-experimental Evidence from Chile,” mimeo.