Working papers

"Navigating by Falling Stars: Monetary Policy with Fiscally Driven Natural Rates"  with  Rodolfo Campos (Banco de España),  Jesus Fernández-Villaverde (University of Pennsylvania), and  Galo Nuño (Banco de España)

Revision requested at the Journal of Political Economy: Macroeconomics

draft  |  slides  |  Twitter thread

"Transmission of Monetary Policy to Credit Supply in the Euro Area" with Miguel Garcia-Posada (Banco de España) 

Featured in the Challenges for Monetary Policy Transmission in a Changing World (ChaMP) Research Network by the European System of Central Banks

Other versions: Bank of Spain WP 2430   [September 2024]   

"Bank Capitalization Heterogeneity and Monetary Policy" 

Other versions:  Bank of Spain WP 2234 [October 2022]   

Publications

"Economic Growth and Wage Stagnation in Peru: 1998-2002" with Carlos Urrutia (ITAM) 

Review of Development Economics, 19(2): 328-345, 2015.

Policy Papers

"The Real Income Channel and Contractionary Devaluations in a Heterogeneous Agent Model for Latin America" with Rodolfo Campos (Banco de España)

Policy Presentations:

"La Política Monetaria del Eurosistema: conceptos, estrategia e instrumentación"  with Clodomiro Ferreyra (Banco de España), April 2024

"The Monetary Policy of the Eurosystem: objectives, transmission and implementation" with Jorge Abad (Banco de España), March 2024

Useful Codes and Contributed Examples

Toolbox for GDSGE: A Toolbox for Solving DSGE Models with Global Methods

Contributed example for Kiyotaki and Moore (1997): Credit Cycles   

Short bio

I was born in Peru and attended San Marcos University for my undergraduate studies, where I began studying economics. After earning my bachelor's degree, I worked at the Central Bank of Peru for several years. I then pursued a Master's degree in economics at ITAM in Mexico City. Fortunately, I had the opportunity to move to the United States for further education. I was accepted into a graduate program at NYU, where I completed my PhD in 2021