The Santiago Macro Workshop is an annual workshop that aims at bringing together macroeconomists from Chile and abroad to achieve three goals. First, to be a venue to discuss the latest research on macro. Second, to give local researchers exposure and feedback from international researchers in order to improve their research. Finally, to promote intellectual exchange among domestic and international scholars.
The conference is organized by the Economics Department of the Catholic University of Chile (PUC-Chile) and the Central Bank of Chile. This year, the conference will be held in person at the Central Bank of Chile and at PUC-Chile.
Program 2024
VIII Santiago Macro Workshop: Program
Organizers: Miguel Acosta-Henao, Caio Machado and Javier Turen
Times are in GMT-3 (Stgo, Chile)
All sessions will be conducted in English, with 45 minutes for presentation (including questions) plus 5 minutes for additional Q&A at the end.
Program last updated on December 1st
Thursday, December 5
Location: Morande 115, 2nd floor, Auditorio Banco Central de Chile
9:00 - 9:20 Arrival and coffee
9:20 - 9:30 Opening remarks
9:30 - 10:20 “Expansionary Fiscal Consolidations Under Sovereign Risk”
Carlos Esquivel (Rutgers University) and Agustin Samano
10:20 - 11:10 “Sovereign Wealth Funds and Optimal Foreign Reserves”
Miguel Acosta-Henao, Carlos Rondon (Central Bank of Chile), Humberto Martínez
11:10 - 11:40 Coffee break
11:40 - 12:30 “A Theory of International Official Lending”
Qing Liu, Zhanhui Liu and Vivian Yue (Emory University)
12:30 - 14:00 Lunch
14:00 - 14:50 “Heterogeneous UIPDs Across Firms: Spillovers from U.S. Monetary Policy Shocks”
Miguel Acosta-Henao (Central Bank of Chile), Maria Alejandra Amado, Montserrat Marti and David Perez-Reyna
14:50 - 15:40 “Managing Overreaction During a Run”
Caio Machado (PUC Chile)
15:40 - 16:10 Coffee break
16:10 - 17:00 “Shock-Dependent Cognitive Discounting and the Forward Guidance Puzzle”
Agustin Arias (Central Bank of Chile), Benjamín García, Ignacio Rojas
17:00 - 17:50 “The Labor Demand and Labor Supply Channels of Monetary Policy”
Sebastian Graves, Christopher Huckfeldt, Eric Swanson (University of California, Irvine)
20:00 Dinner (by invitation)
Restaurant Quitral
José Victorino Lastarria 70
Friday, December 6
Location: Campus San Joaquín, PUC Chile, Vicuña Mackenna 4860
Facultad de Economía y Administración
Room AE101
9:00 - 9:30 Arrival and coffee
9:30 - 10:20 “Firm-to-firm Price Rigidity within a Network”
Álvaro Castillo, Luis Felipe Céspedes, Jorge Miranda-Pinto and Javier Turen (PUC Chile)
10:20 - 11:10 “Concentration and Markups in International Trade”
Vanessa Alviarez (Inter-American Development Bank), Michele Fioretti, Ken Kikkawa, Monica Morlacco
11:10 - 11:40 Coffee break
11:40 - 12:30 “Business, Liquidity, and Information Cycles”
Gorkem Bostanci and Guillermo Ordoñez (University of Pennsylvania)
12:30 - 14:00 Lunch
14:00 - 14:50 “Sustainability with Risky Growth”
David Love, Gregory Phelan (Williams College)
14:50 - 15:40 “Regressive Trend Inflation”
Evi Pappa, Sebastian Rast and Alejandro Vicondoa (PUC Chile)
15:40 - 16:10 Coffee break
16:10 - 17:00 “The Causal Effects of Expected Depreciations”
Martha Elena Delgado, Juan Herreno, Marc Hofstetter and Mathieu Pedemonte (Inter-American Development Bank)
The Pontificia Universidad Católica de Chile received funds Vicerrectoría de Investigación and FONDECYT to host this workshop.