Details about Luis Felipe Cespedes

Access statistics for papers by Luis Felipe Cespedes.

Last updated 2024-04-09. Update your information in the RePEc Author Service.

Short-id: pce53

Working Papers

2023

1. From Discussion to Action: Characterizing Areas of Reform in Latin America and the Caribbean
   IDB Publications (Working Papers), Inter-American Development Bank View citations (2)

2021

2. Innovation Strategy and Economic Development
   Working Papers, University of Chile, Department of Economics
   Also in Working Papers, Center for Global Development (2021)

2020

3. Optimal Foreign Reserves and Central Bank Policy Under Financial Stress
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
   Also in Working Papers, University of Chile, Department of Economics (2020) View citations (4)
   See also Journal Article Optimal Foreign Reserves and Central Bank Policy under Financial Stress, American Economic Journal: Macroeconomics, American Economic Association (2024) View citations (1) (2024)
4. The Macroeconomics of a Pandemic: A Minimalist Framework
   Working Papers, University of Chile, Department of Economics View citations (1)
   See also Journal Article The macroeconomics of a pandemic: A minimalist framework*, Journal of International Money and Finance, Elsevier (2022) View citations (1) (2022)
5. The Macroeconomics of a Pandemic: A Minimalist Model
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (21)

2015

6. Global Liquidity, House Prices and the Macroeconomy: Evidence from Advanced and Emerging Economies
   IDB Publications (Working Papers), Inter-American Development Bank View citations (94)
   Also in Bank of England working papers, Bank of England (2015) View citations (105)
   IMF Working Papers, International Monetary Fund (2015) View citations (106)
   See also Journal Article Global Liquidity, House Prices, and the Macroeconomy: Evidence from Advanced and Emerging Economies, Journal of Money, Credit and Banking, Blackwell Publishing (2015) View citations (82) (2015)

2013

7. Is Inflation Targeting Still on Target? The Recent Experience of Latin America
   Research Department Publications, Inter-American Development Bank, Research Department View citations (1)
   Also in IDB Publications (Working Papers), Inter-American Development Bank (2013)
   See also Journal Article Is Inflation Targeting Still on Target? The Recent Experience of Latin America, International Finance, Wiley Blackwell (2014) View citations (15) (2014)
8. Monetary Policy at the Zero Lower Bound: The Chilean Experience
   Working Papers Central Bank of Chile, Central Bank of Chile View citations (2)
   See also Chapter Monetary Policy at the Zero Lower Bound: The Chilean Experience, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2014) View citations (1) (2014)
   Journal Article Monetary policy at the zero lower bound: the chilean experience, Journal Economía Chilena (The Chilean Economy), Central Bank of Chile (2013) View citations (2) (2013)
9. Was This Time Different? Fiscal Policy in Commodity Republics
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
   Also in BIS Working Papers, Bank for International Settlements (2011) View citations (14)
   See also Journal Article Was this time different?: Fiscal policy in commodity republics, Journal of Development Economics, Elsevier (2014) View citations (63) (2014)

2012

10. Financial Intermediation, Exchange Rates, and Unconventional Policy in an Open Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
11. Is Inflation Targeting Still On Target?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
12. Macroeconomic Performance During Commodity Price Booms and Busts
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (68)
    See also Journal Article Macroeconomic Performance During Commodity Price Booms and Busts, IMF Economic Review, Palgrave Macmillan (2012) View citations (26) (2012)
13. Non-Ricardian Aspects of Fiscal Policy in Chile
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (13)
    See also Chapter Non-Ricardian Aspects of Fiscal Policy in Chile, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2013) View citations (10) (2013)
    Journal Article Non-Ricardian Aspects of Fiscal Policy in Chile, Journal Economía Chilena (The Chilean Economy), Central Bank of Chile (2011) View citations (16) (2011)

2011

14. The Impact of Uncertainty Shocks in Emerging Economies
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (20)
    See also Journal Article The impact of uncertainty shocks in emerging economies, Journal of International Economics, Elsevier (2013) View citations (95) (2013)

2010

15. Heterodox Central Banking
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (1)
    See also Chapter Heterodox Central Banking, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2011) View citations (4) (2011)
16. Monetary Policy Under Financial Turbulence: an Overview
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (7)
    See also Chapter Monetary Policy under Financial Turbulence: An Overview, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2011) View citations (22) (2011)

2006

17. Autonomía de Bancos Centrales: La Experiencia Chilena
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (1)
18. Comments
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
19. Credibility and Inflation Targeting in Chile
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (4)
    See also Chapter Credibility and Inflation Targeting in Chile, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2007) View citations (9) (2007)

2005

20. Credibility and Inflation Targeting in an Emerging Market: The Case of Chile
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (15)
21. Policy Responses to External Shocks: The Experiences of Australia, Brazil and Chile
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (4)
    See also Chapter Policy Responses to External Shocks: The Experiences of Australia, Brazil, and Chile, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2006) View citations (5) (2006)
22. The New Keynesian Phillips Curve in an Emerging Market Economy: The Case of Chile
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (37)

2004

23. Credit Constraints and Macroeconomic Instability in a Small Open Economy
    Econometric Society 2004 Latin American Meetings, Econometric Society
24. Uso de Análisis Factorial Dinámico para Proyecciones Macroeconómicas
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (6)

2003

25. Commodity Currencies and the Real Exchange Rate
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (17)
    See also Journal Article Commodity currencies and the real exchange rate, Journal of Development Economics, Elsevier (2004) View citations (326) (2004)
26. Must Original Sin Cause Macroeconomic Damnation?
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (1)
27. Pricing Policies and Inflation Inertia
    IMF Working Papers, International Monetary Fund View citations (10)
    Also in Working Papers Central Bank of Chile, Central Bank of Chile (2003) View citations (10)

2002

28. IS-LM-BP in the Pampas
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (37)
29. Keynes, Cocoa, and Copper: In Search of Commodity Currencies
    IMF Working Papers, International Monetary Fund View citations (46)

2000

30. Balance Sheets and Exchange Rate Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (280)
    See also Journal Article Balance Sheets and Exchange Rate Policy, American Economic Review, American Economic Association (2004) View citations (414) (2004)

Journal Articles

2024

1. Optimal Foreign Reserves and Central Bank Policy under Financial Stress
   American Economic Journal: Macroeconomics, 2024, 16, (3), 230-67 View citations (1)
   See also Working Paper Optimal Foreign Reserves and Central Bank Policy Under Financial Stress, NBER Working Papers (2020) View citations (5) (2020)

2022

2. The macroeconomics of a pandemic: A minimalist framework*
   Journal of International Money and Finance, 2022, 127, (C) View citations (1)
   See also Working Paper The Macroeconomics of a Pandemic: A Minimalist Framework, Working Papers (2020) View citations (1) (2020)

2017

3. Financial intermediation, real exchange rates, and unconventional policies in an open economy
   Journal of International Economics, 2017, 108, (S1), S76-S86 View citations (17)
   See also Chapter Financial Intermediation, Real Exchange Rates, and Unconventional Policies in an Open Economy, NBER Chapters, 2016 (2016) (2016)

2015

4. El desafío de crear oportunidades para todos
   Estudios Públicos, 2015, (138), 189-198
5. Global Liquidity, House Prices, and the Macroeconomy: Evidence from Advanced and Emerging Economies
   Journal of Money, Credit and Banking, 2015, 47, (S1), 301-335 View citations (82)
   See also Working Paper Global Liquidity, House Prices and the Macroeconomy: Evidence from Advanced and Emerging Economies, IDB Publications (Working Papers) (2015) View citations (94) (2015)

2014

6. Fiscal Rules and the Management of Natural Resource Revenues: The Case of Chile
   Annual Review of Resource Economics, 2014, 6, (1), 105-132 View citations (3)
7. Is Inflation Targeting Still on Target? The Recent Experience of Latin America
   International Finance, 2014, 17, (2), 185-208 View citations (15)
   See also Working Paper Is Inflation Targeting Still on Target? The Recent Experience of Latin America, Research Department Publications (2013) View citations (1) (2013)
8. Was this time different?: Fiscal policy in commodity republics
   Journal of Development Economics, 2014, 106, (C), 92-106 View citations (63)
   See also Working Paper Was This Time Different? Fiscal Policy in Commodity Republics, NBER Working Papers (2013) View citations (5) (2013)

2013

9. Monetary policy at the zero lower bound: the chilean experience
   Journal Economía Chilena (The Chilean Economy), 2013, 16, (2), 96-121 View citations (2)
   See also Working Paper Monetary Policy at the Zero Lower Bound: The Chilean Experience, Working Papers Central Bank of Chile (2013) View citations (2) (2013)
   Chapter Monetary Policy at the Zero Lower Bound: The Chilean Experience, Central Banking, Analysis, and Economic Policies Book Series, 2014, 19, 427-460 (2014) View citations (1) (2014)
10. The impact of uncertainty shocks in emerging economies
    Journal of International Economics, 2013, 90, (2), 316-325 View citations (95)
    See also Working Paper The Impact of Uncertainty Shocks in Emerging Economies, Working Papers Central Bank of Chile (2011) View citations (20) (2011)

2012

11. Macroeconomic Performance During Commodity Price Booms and Busts
    IMF Economic Review, 2012, 60, (4), 570-599 View citations (26)
    See also Working Paper Macroeconomic Performance During Commodity Price Booms and Busts, NBER Working Papers (2012) View citations (68) (2012)
12. PRICING POLICIES AND INFLATION DYNAMICS
    Macroeconomic Dynamics, 2012, 16, (4), 576-604

2011

13. Non-Ricardian Aspects of Fiscal Policy in Chile
    Journal Economía Chilena (The Chilean Economy), 2011, 14, (2), 79-107 View citations (16)
    See also Working Paper Non-Ricardian Aspects of Fiscal Policy in Chile, Working Papers Central Bank of Chile (2012) View citations (13) (2012)
    Chapter Non-Ricardian Aspects of Fiscal Policy in Chile, Central Banking, Analysis, and Economic Policies Book Series, 2013, 17, 283-322 (2013) View citations (10) (2013)

2006

14. Central Bank Autonomy: the Chilean Experience
    Journal Economía Chilena (The Chilean Economy), 2006, 9, (1), 25-47
15. El Fondo Gubernamental de Petróleo de Noruega
    Notas de Investigación Journal Economía Chilena (The Chilean Economy), 2006, 9, (1), 71-78 View citations (1)
16. INFLATION TARGETING AND MONETARY POLICY CREDIBILITY IN CHILE
    Journal Economía Chilena (The Chilean Economy), 2006, 9, (3), 53-70 View citations (1)

2005

17. Credibility and Inflation Targeting in an Emerging Market: Lessons from the Chilean Experience
    International Finance, 2005, 8, (3), 545-575 View citations (19)
18. On the Choice and Consequences of Exchange Rate Regimes
    International Finance, 2005, 8, (1), 151-166
19. Policy Responses to external Shocks in Australia, Brazil and Chile
    Journal Economía Chilena (The Chilean Economy), 2005, 8, (2), 7-44 View citations (4)

2004

20. Balance Sheets and Exchange Rate Policy
    American Economic Review, 2004, 94, (4), 1183-1193 View citations (414)
    See also Working Paper Balance Sheets and Exchange Rate Policy, NBER Working Papers (2000) View citations (280) (2000)
21. Commodity currencies and the real exchange rate
    Journal of Development Economics, 2004, 75, (1), 239-268 View citations (326)
    See also Working Paper Commodity Currencies and the Real Exchange Rate, Working Papers Central Bank of Chile (2003) View citations (17) (2003)
22. Use of Dynamic Factor Analysis in Macroeconomic Forecasts
    Journal Economía Chilena (The Chilean Economy), 2004, 7, (3), 35-46

Chapters

2020

1. Macroeconomic policy responses to a pandemic
   Chapter 1 in COVID-19 in Developing Economies, 2020, vol. 1, pp 175-186 View citations (4)

2016

2. Financial Intermediation, Real Exchange Rates, and Unconventional Policies in an Open Economy
   A chapter in NBER International Seminar on Macroeconomics 2016, 2016
   See also Journal Article Financial intermediation, real exchange rates, and unconventional policies in an open economy, Elsevier (2017) View citations (17) (2017)

2014

3. Monetary Policy at the Zero Lower Bound: The Chilean Experience
   Chapter 13 in Macroeconomic and Financial Stability: challenges for Monetary Policy, 2014, vol. 19, pp 427-460 View citations (1)
   See also Working Paper Monetary Policy at the Zero Lower Bound: The Chilean Experience, Central Bank of Chile (2013) View citations (2) (2013)
   Journal Article Monetary policy at the zero lower bound: the chilean experience, Central Bank of Chile (2013) View citations (2) (2013)

2013

4. Fiscal Policy and Macroeconomic Performance: An Overview
   Chapter 1 in Fiscal Policy and Macroeconomic Performance, 2013, vol. 17, pp 01-25 View citations (2)
5. Non-Ricardian Aspects of Fiscal Policy in Chile
   Chapter 8 in Fiscal Policy and Macroeconomic Performance, 2013, vol. 17, pp 283-322 View citations (10)
   See also Journal Article Non-Ricardian Aspects of Fiscal Policy in Chile, Central Bank of Chile (2011) View citations (16) (2011)
   Working Paper Non-Ricardian Aspects of Fiscal Policy in Chile, Central Bank of Chile (2012) View citations (13) (2012)

2011

6. Heterodox Central Banking
   Chapter 08 in Monetary Policy under Financial Turbulence, 2011, vol. 16, pp 219-281 View citations (4)
   See also Working Paper Heterodox Central Banking, Central Bank of Chile (2010) View citations (1) (2010)
7. Monetary Policy under Financial Turbulence: An Overview
   Chapter 01 in Monetary Policy under Financial Turbulence, 2011, vol. 16, pp 001-021 View citations (22)
   See also Working Paper Monetary Policy Under Financial Turbulence: an Overview, Central Bank of Chile (2010) View citations (7) (2010)

2007

8. Credibility and Inflation Targeting in Chile
   Chapter 14 in Monetary Policy under Inflation Targeting, 2007, vol. 11, pp 547-578 View citations (9)
   See also Working Paper Credibility and Inflation Targeting in Chile, Central Bank of Chile (2006) View citations (4) (2006)

2006

9. External Vulnerability and Preventive Policies: An Overview
   Chapter 1 in External Vulnerability and Preventive Policies, 2006, vol. 10, pp 001-014 View citations (3)
10. Policy Responses to External Shocks: The Experiences of Australia, Brazil, and Chile
    Chapter 5 in External Vulnerability and Preventive Policies, 2006, vol. 10, pp 109-170 View citations (5)
    See also Working Paper Policy Responses to External Shocks: The Experiences of Australia, Brazil and Chile, Central Bank of Chile (2005) View citations (4) (2005)

2002

11. Dollarization of Liabilities, Net Worth Effects, and Optimal Monetary Policy
    A chapter in Preventing Currency Crises in Emerging Markets, 2002, pp 559-600 View citations (16)

Editor

1. Central Banking, Analysis, and Economic Policies Book Series
   Central Bank of Chile
2. Journal Economía Chilena (The Chilean Economy)
   Central Bank of Chile