Program2022

Sixth Santiago Macro Workshop: Program

Organizers:   Alvaro Aguirre, Sofía Bauducco, Ezequiel Garcia-Lembergman and Caio Machado

Times are in GMT-3 (Stgo, Chile)

All sessions will be conducted in English


Monday, December 12

Location: Auditorium, Central Bank of Chile

Morande 115, 2nd floor

8:45 - 9:00                                            Arrival and coffee


9:00 - 9:05                                            Opening remarks (Sofia Bauducco, Head of Economic Studies, Central Bank of Chile)


9:05 - 10:00                                         “Inequality-driven Policy Uncertainty: Political Economy in Heterogeneous Agents’ Models”

                                                               Alvaro Aguirre (Central Bank of Chile)


10:00 - 11:00 “The Changing Polarization of Party Ideologies: The Role of Sorting”

  Satyajit Chatterjee (Fed Philadelphia) and Burcu Eyigungor (Fed Philadelphia)


11:00 - 11:30 Coffee break


11:30 - 12:30 “Monetary Policy Surprises and Expectations: The Cases of Chile and Brazil”

                                                                 Mariana García-Schmidt (Central Bank of Chile)


12:30 - 14:00                                        Lunch


14:00 - 15:00                                        “Survey-Based Monetary Policy Uncertainty and its Asymmetric Effects”

  Tatiana Dahlhaus (Bank of Canada) and Tatevik Sekhposyan (Texas A&M University)


15:00 - 16:00 “A Model of Expenditure Shocks” 

Jorge Miranda-Pinto (Central Bank of Chile), Daniel Murphy (U.  of Virginia), Kieran James Walsh (U.

                                                                of California, Santa Barbara), and Eric R. Young (U. of Virginia, Federal Reserve Bank of Cleveland)


16:00 - 16:30                                        Coffee break


16:30 - 17:30                                        “Who Are the Hand-to-Mouth?”

                                                                Mark Aguiar (Princenton University), Mark Bils (University of Rochester), Corina Boar (New York University) 


19:00                                                      Dinner (by invitation)

     Location: Le Bistrot de Gaeatan (Sta. Magdalena 80, Local 7, Providencia)




  Tuesday, December 13

   Location: Campus San Joaquín, PUC Chile, Vicuña Mackenna 4860

   Facultad de Economía y Administración

   Room AE203

8:20 - 8:30                                             Arrival and coffee


8:30 - 9:30                                            “Lumpy Forecasters”

                                                                Isaac Baley (UPF) and Javier Turen (PUC Chile)


9:30 - 10:30               “Nominal rigidities in U.S. business cycles”

 Camilo Morales-Jimenez (Fed Board) and Luminita Stevens (U. of Maryland)


10:30 - 10:50 Coffee break


10:50 - 11:50 “International Trade Finance and Learning Dynamics”

                                                                David Kohn (PUC Chile), Emiliano Luttini (Central Bank of Chile), Michal Szkup (U. of British Columbia), Shengxing Zhang (LSE)


11:50 - 12:50 “Global and Local Supply Chain Disruptions: 2020–2022”

                                                                George Alessandria (U. of Rochester), Shafaat Yar Khan (World Bank), Armen Khederlarian (U. of Rochester), 

    Carter Mix (Fed Board), Kim J. Ruhl (U. of Wisconsin–Madison)


12:50 - 13:50                                        Lunch


13:50 - 14:50                                        “Multi-establishment Firms, Pricing and the Propagation of Local Shocks: Evidence from US Retail”

  Ezequiel Garcia-Lembergman (PUC Chile)


14:50 - 15:50 “Mechanics of Spatial Growth”

                                                                Sheng Cai (Yale University), Lorenzo Caliendo (Yale University), Fernando Parro (Pennsylvania State University)

    Wei Xiang (Yale University)


16:00 - 18:00         Semifinals FIFA World Cup (we move to room PC1)



The Pontificia Universidad Católica de Chile received funds Vicerrectoría de Investigación and FONDECYT to host this workshop.