Details about Carlos Montoro

Access statistics for papers by Carlos Montoro.

Last updated 2024-07-01. Update your information in the RePEc Author Service.

Short-id: pmo426

Working Papers

2020

1. Information Heterogeneity and the Role of Foreign Exchange Interventions
   Working Papers, Banco Central de Reserva del Perú View citations (1)
2. The Portfolio Channel of Capital Flows and Foreign Exchange Intervention in A Small Open Economy
   Working Papers, Peruvian Economic Association View citations (3)

2019

3. La comunicación de la política monetaria en los bancos centrales de América del Sur
   Working Papers, Banco Central de Reserva del Perú
   See also Journal Article La comunicación de la política monetaria en los bancos centrales de América del Sur, Revista Moneda, Banco Central de Reserva del Perú (2020) (2020)

2018

4. Monetary policy spillovers, global commodity prices and cooperation
   BIS Working Papers, Bank for International Settlements View citations (7)
   Also in Working Papers, Banco Central de Reserva del Perú (2018) View citations (7)

2017

5. Financial and real shocks and the effectiveness of monetary and macroprudential policies in Latin American countries
   BIS Working Papers, Bank for International Settlements View citations (9)

2016

6. Foreign exchange intervention and monetary policy design: a market microstructure analysis
   Working Papers, Banco Central de Reserva del Perú View citations (15)
7. How much is too much? The fiscal space in emerging market economies
   Working Papers, Banco Central de Reserva del Perú View citations (7)

2015

8. Distribución de Ingresos y Dolarización Endógena
   Working Papers, Banco Central de Reserva del Perú

2012

9. Credit at Times of Stress: Latin American Lessons from the Global Financial Crisis - Working Paper 289
   Working Papers, Center for Global Development View citations (14)
10. Credit at times of stress: Latin American lessons from the global financial crisis
    BIS Working Papers, Bank for International Settlements View citations (24)
11. Inflation Dynamics in the Presence of Informal Labour Markets
    BIS Working Papers, Bank for International Settlements View citations (13)
    See also Journal Article Inflation Dynamics in the Presence of Informal Labour Markets, Journal Economía Chilena (The Chilean Economy), Central Bank of Chile (2012) View citations (14) (2012)

2010

12. Inflation, Oil Price Volatility and Monetary Policy
    Working Papers, Banco Central de Reserva del Perú View citations (5)
    See also Journal Article Inflation, oil price volatility and monetary policy, Journal of Macroeconomics, Elsevier (2020) View citations (9) (2020)
13. Monetary Policy in the presence of Informal Labour Markets
    Working Papers, Banco Central de Reserva del Perú View citations (27)
14. Oil shocks and optimal monetary policy
    BIS Working Papers, Bank for International Settlements View citations (6)
    Also in Working Papers, Banco Central de Reserva del Perú (2007) View citations (13)
    See also Journal Article OIL SHOCKS AND OPTIMAL MONETARY POLICY, Macroeconomic Dynamics, Cambridge University Press (2012) View citations (40) (2012)

2009

15. A Dynamic Stochastic General Equilibrium Model with Dollarization for the Peruvian Economy
    Working Papers, Banco Central de Reserva del Perú View citations (9)
16. Money, Infation and Interest Rate: Does the Link Change when the Policy Instrument Changes?
    Working Papers, Banco Central de Reserva del Perú

2007

17. Inflation Premium and Oil Price Volatility
    CEP Discussion Papers, Centre for Economic Performance, LSE View citations (12)
    Also in Working Papers Central Bank of Chile, Central Bank of Chile (2005) View citations (1)
    Macroeconomics, University Library of Munich, Germany (2006) View citations (2)
    Computing in Economics and Finance 2006, Society for Computational Economics (2006) View citations (2)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2007) View citations (9)
18. Monetary Policy Committees and Interest Rate Smoothing
    CEP Discussion Papers, Centre for Economic Performance, LSE View citations (12)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2007) View citations (10)
19. Structural Fiscal Rules and The Business Cycle
    Working Papers, Banco Central de Reserva del Perú
20. Why Central Banks Smooth Interest Rates? A Political Economy Explanation
    Working Papers, Banco Central de Reserva del Perú View citations (2)

2006

21. An Estimated Stochastic General Equilibrium Model with Partial Dollarization: A Bayesian Approach
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (28)
    See also Journal Article An Estimated Stochastic General Equilibrium Model with Partial Dollarization: A Bayesian Approach, Open Economies Review, Springer (2013) View citations (33) (2013)
22. From Money Aggregates to Interest Rate Rules in a Small Open Economy: A Second Order Approach
    Computing in Economics and Finance 2006, Society for Computational Economics View citations (3)
23. Measuring the Natural Interest Rate for the Peruvian Economy
    Working Papers, Banco Central de Reserva del Perú View citations (7)
24. Stylized Facts of the Peruvian Economy
    Working Papers, Banco Central de Reserva del Perú

Journal Articles

2023

1. The portfolio balance channel of capital flows and foreign exchange intervention in a small open economy
   Journal of International Money and Finance, 2023, 133, (C) View citations (5)

2022

2. El esquema de metas de inflación con control de riesgos
   Revista Moneda, 2022, (192), 22-29

2021

3. El mandato del Banco Central y la política monetaria contracíclica
   Revista Moneda, 2021, (187), 4-9

2020

4. Desarrollo del mercado de renta fija en el Perú y política monetaria
   Revista Moneda, 2020, (183), 21-27
5. Desarrollo del mercado financiero y política monetaria: la experiencia peruana
   Revista Estudios Económicos, 2020, (39), 9-20
6. El programa Reactiva Perú
   Revista Moneda, 2020, (182), 24-33 View citations (1)
7. Evolución de los Mercados Financieros locales en tiempos de la pandemia del COVID-19
   Revista Moneda, 2020, (182), 41-48
8. Inflation, oil price volatility and monetary policy
   Journal of Macroeconomics, 2020, 66, (C) View citations (9)
   See also Working Paper Inflation, Oil Price Volatility and Monetary Policy, Working Papers (2010) View citations (5) (2010)
9. La comunicación de la política monetaria en los bancos centrales de América del Sur
   Revista Moneda, 2020, (181), 4-9
   Also in Revista Estudios Económicos, 2019, (37), 9-30 (2019)
   See also Working Paper La comunicación de la política monetaria en los bancos centrales de América del Sur, Working Papers (2019) (2019)
10. Medidas del BCRP frente a la pandemia del nuevo coronavirus
    Revista Moneda, 2020, (182), 10-18 View citations (2)
11. Monetary Policy, Commodity Prices, and Misdiagnosis Risk
    International Journal of Central Banking, 2020, 16, (2), 45-79 View citations (3)

2019

12. Desarrollo reciente del mercado cambiario en el Perú
    Revista Moneda, 2019, (180), 4-9
13. El esquema de metas de inflación en América del Sur: Evaluación y perspectivas
    Revista Moneda, 2019, (179), 8-12
14. Evaluación de la estrategia de la política monetaria, herramientas y prácticas de comunicación de la Reserva Federal
    Revista Moneda, 2019, (179), 13-17
15. Monedas digitales de Bancos Centrales
    Revista Moneda, 2019, (178), 4-9

2018

16. Identificando el riesgo fiscal de los gobiernos subnacionales en el Perú
    Revista Estudios Económicos, 2018, (35), 83-102
17. Reglas fiscales para exportadores de materias primas: una aplicación para Perú
    Revista ESPE - Ensayos sobre Política Económica, 2018, 36, (85), 65-85 View citations (1)
    Also in Revista ESPE - Ensayos Sobre Política Económica, 2018, 36, (85), 65-85 (2018) View citations (1)

2015

18. Credit in Times of Stress: Lessons from Latin America during the Global Financial Crisis
    Review of Development Economics, 2015, 19, (2), 309-327

2013

19. An Estimated Stochastic General Equilibrium Model with Partial Dollarization: A Bayesian Approach
    Open Economies Review, 2013, 24, (2), 217-265 View citations (33)
    See also Working Paper An Estimated Stochastic General Equilibrium Model with Partial Dollarization: A Bayesian Approach, Working Papers Central Bank of Chile (2006) View citations (28) (2006)

2012

20. Credit in times of stress: lessons from Latin America
    BIS Quarterly Review, 2012 View citations (10)
21. Inflation Dynamics in the Presence of Informal Labour Markets
    Journal Economía Chilena (The Chilean Economy), 2012, 15, (1), 4-31 View citations (14)
    See also Working Paper Inflation Dynamics in the Presence of Informal Labour Markets, BIS Working Papers (2012) View citations (13) (2012)
22. OIL SHOCKS AND OPTIMAL MONETARY POLICY
    Macroeconomic Dynamics, 2012, 16, (2), 240-277 View citations (40)
    See also Working Paper Oil shocks and optimal monetary policy, BIS Working Papers (2010) View citations (6) (2010)

2011

23. The use of reserve requirements as a policy instrument in Latin America
    BIS Quarterly Review, 2011 View citations (132)

2010

24. Estimación de la Q de Tobin para la economía peruana
    Revista Estudios Económicos, 2010, (19), 33-45

2009

25. Choque externos, intervenciones cambiarias y política monetaria: Un análisis a partir del modelo MEGA-D
    Revista Moneda, 2009, (140), 36-40
26. El sistema de proyección del BCRP
    Revista Moneda, 2009, (142), 22-24 View citations (2)
27. Los retos de la crisis financiera a la teoría macroeconómica
    Revista Moneda, 2009, (142), 31-33
28. Un modelo de equilibrio general con dolarización para la economía peruana
    Revista Estudios Económicos, 2009, (17), 9-50 View citations (20)

2008

29. Política monetaria en una economía con dolarización parcial
    Revista Moneda, 2008, (138), 25-28
30. Reglas fiscales y la volatilidad del producto
    Revista Estudios Económicos, 2008, (15), 65-92 View citations (1)
31. ¿Son los choques del petróleo de los 2000s diferentes a los de los 1970s?
    Revista Moneda, 2008, (137), 16-19

2007

32. Hechos estilizados de la economía peruana
    Revista Estudios Económicos, 2007, (14), 33-75 View citations (18)
33. Regla fiscal estructural y el ciclo del producto
    Monetaria, 2007, XXX, (2), 107-132 View citations (4)

2005

34. Dolarización Parcial
    Revista Moneda, 2005, (131), 5-9 View citations (4)

1999

35. Costo de la reforma del Sistema Nacional de Pensiones: Una adaptación del modelo de generaciones traslapadas
    Revista Estudios Económicos, 1999, (4), 57-78 View citations (1)

Books

2022

1. Historia del Banco Central y la Política Monetaria de Perú, vol 2
   Libros, Banco Central de Reserva del Perú

Chapters

2023

1. Twenty years of inflation targeting in Peru: lessons and challenges ahead
   A chapter in Central banking in the Americas: Lessons from two decades, 2023, vol. 143, pp 129-147

2020

2. Financial market development and monetary policy: the Peruvian experience
   A chapter in Financial market development, monetary policy and financial stability in emerging market economies, 2020, vol. 113, pp 207-218 View citations (2)

2013

3. Impact of foreign exchange interventions on exchange rate expectations
   A chapter in Sovereign risk: a world without risk-free assets?, 2013, vol. 73, pp 39-54 View citations (10)

2012

4. Is monetary policy constrained by fiscal policy?
   A chapter in Fiscal policy, public debt and monetary policy in emerging market economies, 2012, vol. 67, pp 11-30 View citations (4)