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 2025
IX Santiago Macro Workshop: Program
Organizers: Marco Rojas and Javier Turén
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 November 24
Thursday, December 11
Location: Agustinas 1180, 3rd floor, "Sala Pedro Lira", Banco Central de Chile
08:30 - 9:00 Arrival and coffee
09:00 - 09:50 “Monetary Policy, Financial Access and Lumpy Investment”
S. Boragan Aruoba (University of Maryland), Andrés Fernandez (IMF) , Will Lu (Central Bank of Chile), and Felipe Saffie (University of Virginia)
09:50 - 10:40 “Frost and Fire: A Tale of two Crises”
Vladimir Asriyan (CREI - UPF) , Priit Jeenas (CREI-UPF), and Alberto Martion (CREI - UPF)
10:40 - 11:10 Coffee break
11:10 - 12:00 “Micro and Macro Cost-price Dynamics in Normal Times and During Inflation Surges”
Luca Gagliardone (Yale), Mark Gertler (NYU), Simone Lenzu (NY-FED), and Joris Tielens (National Bank of Belgium)
12:00 - 12:50 “Input Price Dispersion Across Buyers: New Evidence and Implications for Aggregate Productivity”
Ariel Burstein (UCLA), Javier Cravino (University of Michigan), and Marco Rojas (Central Bank of Chile).
12:50 - 14:20 Lunch
14:20 - 15:10 “State-dependent Forecasting in Volatile Times”
Isaac Baley (CREI-UPF) and Javier Turen (PUC Chile)
15:10 - 15:40 Coffee break
15:40 - 16:30 “The Long-term Decline of the U.S. Job Ladder”
Aniket Baksy (University of Melbourne), Daniele Caratelli (US Treasury), and Niklas Engbom (NYU - Stern)
16:30 - 17:20 “Earning Distribution, Sorting patterns, and Labor Trajectories”
Rosario Aldunate (University of Michigan), Gabriela Contreras (Central Bank of Chile), and Matias Tapía (Central Bank of Chile)
19:30 Dinner (by invitation)
Restaurant "Castillo Forestal" - Av. Cardenal José María Caro 390, Santiago, Región Metropolitana
Friday, December 12
Location: Campus San Joaquín, PUC Chile, Vicuña Mackenna 4860
Facultad de Economía y Administración
Room AE101
08:30 - 09:00 Arrival and coffee
09:00 - 09:50 “The Financial Channel of Tax Amnesty Policies”
Federico Bernini (UBA), Paula Donaldson (UC San Diego), Leticia Juarez (IADB), and Ezequiel García-Lembergman (PUC Chile)
09:50 - 10:40 “The Empirical Distribution of Firm Dynamics and its Macro Implications”
Giuseppe Berlingieri (ESSEC Business School), Nir Jaimovich (UC San Diego), Stephen J. Terry (University of Michigan), and Nicolas Vincent (HEC Montreal)
10:40 - 11:10 Coffee break
11:10 - 12:00 “Attention to the Macroeconomy”
Sebastian Link (Ifo Institute), Andreas Peichl (University of Munich) , Oliver Pfäuti (UT Austin), Chris Roth (University of Cologne), and Johannes Wohlfart (University of Cologne)
12:00 - 12:50 “The Roots of Self-fulfilling Debt Crises”
Gastón Chaumont (University of Rochester), Grey Gordon (Richmond FED), and Bruno Sultanum (University of Essex)
12:50 - 14:20 Lunch
14:20 - 15:10 “Currency Risk Premia and Pricing to Market”
Luciana Juvenal (Inter-American Development Bank) and Paulo Santos Monteiro (University of York)
15:10 - 16:00 “Global Financial Spillovers of Chinese Macroeconomic Surprises ”
Camila Gutiérrez (IMF), Javier Turen (PUC Chile), and Alejandro Vicondoa (PUC Chile)
16:00 - 18:00 Farewell Drinks
Gardens of the "Instituto de Economía"
The Pontificia Universidad Católica de Chile received funds Vicerrectoría de Investigación and FONDECYT to host this workshop.