Recent Publications

Rossi, B.,

"Identifying and Estimating the Effects of Unconventional Monetary Policy in the Data: How to Do It And What Have We Learned?"


Forthcoming in The Econometrics Journal, 2021

Published in External Financial Vulnerability and Preventive Policies, R. Caballero, C. Calderón, and L. Céspedes (eds.), Eight Annual Conference of the Central Bank of Chile, 2006, 15-39

G. Ganics, A. Inoue and B. Rossi,

"Confidence Intervals for Bias and Size Distortions in IV and Local Projections-IV Models"


Journal of Business and Economic Statistics, 2021, 39 (1), 307-324

Published in External Financial Vulnerability and Preventive Policies, R. Caballero, C. Calderón, and L. Céspedes (eds.), Eight Annual Conference of the Central Bank of Chile, 2006, 15-39

Asriyan, V., W. Fuchs and B. Green,

"Aggregation and Design of Information in Asset Markets with Adverse Selection"


Forthcoming in Journal of Economic Theory, 2021

Published in External Financial Vulnerability and Preventive Policies, R. Caballero, C. Calderón, and L. Céspedes (eds.), Eight Annual Conference of the Central Bank of Chile, 2006, 15-39

Asriyan, V.,

"Balance Sheet Channel with Information-Trading Frictions in Secondary Markets"


Forthcoming in The Review of Economic Studies, 2021

Published in External Financial Vulnerability and Preventive Policies, R. Caballero, C. Calderón, and L. Céspedes (eds.), Eight Annual Conference of the Central Bank of Chile, 2006, 15-39

Nagy, D., K. Desmet, R. Kopp, S. Kulp, M. Oppenheimer, E. Rossi-Hansberg and B. Strauss,

"Evaluating the Economic Cost of Coastal Flooding"


Forthcoming in American Economic Journal: Macroeconomics, 2021

Published in External Financial Vulnerability and Preventive Policies, R. Caballero, C. Calderón, and L. Céspedes (eds.), Eight Annual Conference of the Central Bank of Chile, 2006, 15-39

Broner, F., A. Martin and J. Ventura,

"On Public Spending and Economic Unions"


Forthcoming in IMF Economic Review, 2021

Published in External Financial Vulnerability and Preventive Policies, R. Caballero, C. Calderón, and L. Céspedes (eds.), Eight Annual Conference of the Central Bank of Chile, 2006, 15-39

Debortoli, D.,

"Comments on “Boosting Fiscal Space: The Roles of GDP-Linked Debt and Longer Maturities” by J. I. Kim and J. D. Ostry"


Forthcoming in Economic Policy, 2021

Published in External Financial Vulnerability and Preventive Policies, R. Caballero, C. Calderón, and L. Céspedes (eds.), Eight Annual Conference of the Central Bank of Chile, 2006, 15-39

R. Barnichon, D. Debortoli and C. Matthes,

"Understanding the Size of the Government Spending Multiplier: It’s in the Sign"


Forthcoming in The Review of Economic Studies, 2021

Published in External Financial Vulnerability and Preventive Policies, R. Caballero, C. Calderón, and L. Céspedes (eds.), Eight Annual Conference of the Central Bank of Chile, 2006, 15-39

Asriyan, V., L. Fornaro, A. Martin and J. Ventura,

"Monetary Policy for a Bubbly World"


Forthcoming in The Review of Economic Studies, 2021

Published in External Financial Vulnerability and Preventive Policies, R. Caballero, C. Calderón, and L. Céspedes (eds.), Eight Annual Conference of the Central Bank of Chile, 2006, 15-39

L. Alfaro, M. García-Santana and E. Moral-Benito,

"On the Direct and Indirect Real Effects of Credit Supply Shocks"


Forthcoming in Journal of Financial Economics, 2021

Published in External Financial Vulnerability and Preventive Policies, R. Caballero, C. Calderón, and L. Céspedes (eds.), Eight Annual Conference of the Central Bank of Chile, 2006, 15-39

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