Here is a list of selected policy documents to which I have contributed at the Central Bank of Chile:
Green Hydrogen in Chile: Outlook on Demand and Investment (in Spanish), September 2024. Central Bank of Chile Blog (with Jorge Arenas, Sofía Bauducco, Gabriela Contreras, and Stephany Griffith-Jones).
Recent Evolution of Credit to Firms (in Spanish). Box I.3 of the June 2024 Monetary Policy Report. I co-authored Box I.3 and the accompanying policy note (with Sofía Bauducco, Ramiro de Elejalde, and Valeria Ulloa).
Chilean Firms during the Covid-19 Crisis (in Spanish). Policy document that summarizes research and analysis conducted at the Bank on the impact of the Covid-19 crisis on firms, and on credit and employment policies oriented to firms. I edited chapter 3, “Impact of the Crisis on Firms in Chile.”
Potential and Trend Output (in Spanish). Policy note cited in Box II.1 of the December 2022 Monetary Policy Report. I co-authored Box II.1 and the chapter 1, “Trend Growth”, of the policy note (with Sofía Bauducco, Gabriela Contreras, Luigi Durand, Jorge Fornero, Josefa Guerrero, and Manuel Taboada).
Business-Oriented Public Policies During the Covid-19 Crisis (in Spanish). Box II.1 of the December 2021 Monetary Policy Report. I co-authored this box, which draws heavily from the paper “Anatomy of Firms’ Margins of Adjustment: Evidence from the COVID Pandemic,” with Elías Albagli, Andrés Fernández, Federico Huneeus, and Pablo Muñoz.
Estimation of Structural Parameters for the Chilean Economy (in Spanish). Policy note cited in boxes V.1 and V.2 of the June 2021 Monetary Policy Report. I co-authored the chapter “Trend GDP Growth for 2021-2050 and Analysis of Total Factor Productivity Using Microdata” (with Álvaro Aguirre, Rosario Aldunate, Mario Canales, Gabriela Contreras, Andrés Fernández, Camila Gómez, Daniel Guzmán, Federico Huneeus, Bernabé López-Martín, and Manuel Taboada).
Macroeconomic Models at the Central Bank of Chile (in Spanish), 2020. Book that describes the models used for policy analysis and forecasting at the Bank. I contributed to the section on overlapping generations models and wrote the box on the Lucas critique and the use of models.