Economist, European Department, International Monetary Fund

700 19th St NW, Washington, DC 20431

email: dgarciamacia at imf.org

Curriculum Vitae

Interests: Macroeconomics, Finance, Economic Growth, Innovation

Working Papers

How Destructive is Innovation?, with Chang-Tai Hsieh & Peter Klenow, revised and resubmitted to Econometrica

Coverage: NBER Digest, Chicago Booth Review, Financial Times, Bloomberg

The Financing of Ideas and the Great Deviation, IMF Working Paper 17/176

Awarded the Kauffman Dissertation Fellowship (2014), Ewing Marion Kauffman Foundation

Macroprudential Policy with Liquidity Panics, with Alonso Villacorta, ESRB Working Paper No. 24

Runner-up of the Ieke van den Burg Prize for Research on Systemic Risk (2016), European Central Bank

The Stabilizing Role of Net Foreign Asset Returns, with Gustavo Adler, IMF Working Paper 18/79

Corporate Financing of Innovation and the Medium-Run Cycle

Sean Buckley Memorial Award for the Best Second-Year Paper (2013), Economics Department, Stanford University

From Wood to Coal May Well Be from Malthus to Solow, with Egemen Eren

International Financial Integration and the Exchange Rate Disconnect, with Gustavo Adler and Igor Cesarec

Non-Refereed Publications

An Open-Economy Neoclassical Growth Model with a Two-Party System, with Pau Roldan & Peter Zorn, Addenda Review, 3, Spring 2012.

Policy Contributions

2017 External Sector Report, International Monetary Fund, 2017

2015 Refinements to the External Balance Assessment (EBA) Methodology, Technical Background Note, International Monetary Fund, 2017