1. Home
  2. Academics & Research
  3. Faculty
  4. Luis Felipe Céspedes

Luis Felipe Céspedes

  • Full professor
    Academic Training

  • Ph.D. in Economics, New York University
    M.A. in Economics, New York University

Publications in Magazines with Editorial Committee
● 2023 (Forthcoming) / Optimal Foreign Reserves and Central Bank Policy under Financial Stress / American Economic Journal-Macroeconomics -
● 2022 / The macroeconomics of a pandemic: A minimalist framework / JOURNAL OF INTERNATIONAL MONEY AND FINANCE - Vol. 127
● 2017 / Financial Intermediation, Real Exchange Rates, and Unconventional Policies in anOpen Economy / JOURNAL OF INTERNATIONAL ECONOMICS - Vol. 108, No. 1
● 2015 / Global Liquidity, House Prices, and the Macroeconomy: Evidence from Advanced and Emerging Market Economies / JOURNAL OF MONEY CREDIT AND BANKING - Vol. 47, No. 1
● 2014 / Was This Time Different? Fiscal Policy in Commodity Republics / JOURNAL OF DEVELOPMENT ECONOMICS - Vol. 106
● 2014 / Fiscal rules and the management of natural resource revenues: The case of Chile / Annual Review of Resource Economics - Vol. 6, No. 1
● 2014 / Is inflation targeting still on target? The recent experience of Latin America / International Finance - Vol. 17, No. 2
● 2013 / The Impact of Uncertainty Shocks in Emerging Economies / JOURNAL OF INTERNATIONAL ECONOMICS - Vol. 90, No. 2
● 2012 / Pricing Policies and Inflation Inertia / MACROECONOMIC DYNAMICS - Vol. 16, No. 4
● 2012 / Macroeconomic Performance During Commodity Price Booms and Busts / IMF Economic Review - Vol. 60, No. 4
● 2006 / El Fondo Gubernamental de Petróleo de Noruega / Economia Chilena - Vol. 9, No. 1
● 2006 / Central Bank Autonomy: The Chilean Experience / Economia Chilena - Vol. 9, No. 1
● 2005 / Credibility and Inflation Targeting in an Emerging Market: Lessons from the Chilean Experience / International Finance - Vol. 8, No. 3
● 2004 / Using Dynamic Factor Analysis to Forecast Chilean Macroeconomic Variables / Economia Chilena - Vol. 7, No. 3
Books
● 2013 / Fiscal Policy and MacroeconomicPerformance, Series on Central Banking, Analysis, and Economic Policies
● 2011 / Monetary Policy under Financial Turbulence, Series on Central Banking, Analysis, and Economic Policies
● 2006 / External Vulnerability and Preventive Policies, Series on Central Banking, Analysis, and Economic Policies
Book Chapters
● 2021 / Central banking and credit provision in emerging market economies during the Covid-19 crisis
● 2014 / Monetary Policy at the Lower Zero Bound: The Chilean Experience
● 2013 / Non-Ricardian Aspects of Fiscal Policy in Chile / Vol. 17
● 2013 / Fiscal Policy and Macroeconomic Performance: An Overview / Vol. 17
● 2011 / Política fiscal en países exportadores de bienes primarios: la experiencia chilena (Fiscal Policy in Commodity-Exporting Countries: The Chilean Experience)
● 2011 / Heteredox Central Banking / Vol. 16
● 2011 / Monetary Policy under Financial Turbulence: An Overview / Vol. 16
● 2010 / Economic Policy Responses to the Financial Crisis: The Chilean Experience
● 2007 / Credibility and Inflation Targeting in Chile / Vol. 11
● 2006 / Policy Responses to External Shocks: The Experience of Australia, Brazil and Chile
● 2006 / External Vulnerability and Preventive Policies: An Overview / Vol. 10
Research Monographs
● 2021 / Innovation Strategy andEconomic Development / Vol. 522
● 2020 / The Macroeconomics of a Pandemic: A Minimalist Framework / No. 504
● 2020 / Optimal Foreign Reserves and Central Bank Policy Under Financial Stress / No. 503
● 2007 / Compromisos Fiscales y la Meta de Superávit Estructural (Fiscal Commitments and the Structural Surplus Target) / No. 9
● 2005 / Financial Frictions and Real Devaluations / No. 318
● 2005 / The New Keynesian Phillips Curve in an Emerging Market Economy: The Case ofChile / No. 355
● 2003 / Commodity Currencies and the Real Exchange Rate / No. 236
Columna de Opinión
● 2021 / Un primer paso para un necesario pacto fiscal
● 2021 / Huele a peligro...macro
● 2021 / El difícil camino de salida de la crisis
● 2021 / El necesario debate sobre la productividad
● 2021 / Kansas o California: disyuntiva para nuestro crecimiento
● 2021 / Reforma de pensiones, riesgos fiscales y balance estructural
● 2021 / La licitación del Instituto de Tecnologías Limpias y la estrategia de desarrollo
● 2020 / Una recuperación económica parcial a nublado
● 2020 / Hidrógeno verde para el desarrollo sostenible
● 2020 / Una nueva estrategia de desarrollo
● 2020 / Recuperación sin empleos y estrategia de desarrollo
● 2020 / El espacio fiscal y la buena política
● 2020 / Urgente cambio de estrategia
● 2020 / Elementos para un acuerdo necesario y urgente
● 2020 / Evitemos un mal equilibrio
● 2020 / El espacio fiscal para el Covid-19
● 2020 / El coronavirus y el crédito: medidas urgentes
Competitive Research Awards Received
● 2020 / Currency Mismatches, Foreign Reserves Accumulation, and Macroprudential Policy
Professional practice standards or Public Policy
● 2003 / Fiscal Policy and Macroeconomic Volatility in Spain: An Empirical Assessment / No. 3