Details about Luis Felipe Cespedes

Access statistics for papers by Luis Felipe Cespedes.

Last updated 2022-12-14. Update your information in the RePEc Author Service.

Short-id: pce53

Working Papers

2021

1. Innovation Strategy and Economic Development
   Working Papers, University of Chile, Department of Economics

2020

2. Optimal Foreign Reserves and Central Bank Policy Under Financial Stress
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
   Also in Working Papers, University of Chile, Department of Economics (2020) View citations (2)
3. The Macroeconomics of a Pandemic: A Minimalist Framework
   Working Papers, University of Chile, Department of Economics View citations (1)
   See also Journal Article in Journal of International Money and Finance (2022)
4. The Macroeconomics of a Pandemic: A Minimalist Model
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (18)

2015

5. Global Liquidity, House Prices and the Macroeconomy: Evidence from Advanced and Emerging Economies
   IDB Publications (Working Papers), Inter-American Development Bank View citations (87)
   Also in Bank of England working papers, Bank of England (2015) View citations (97)
   IMF Working Papers, International Monetary Fund (2015) View citations (97)
   See also Journal Article in Journal of Money, Credit and Banking (2015)

2013

6. 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 in International Finance (2014)
7. Monetary Policy at the Zero Lower Bound: The Chilean Experience
   Working Papers Central Bank of Chile, Central Bank of Chile View citations (1)
   See also Chapter (2014)
   Journal Article in Journal Economía Chilena (The Chilean Economy) (2013)
8. 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 in Journal of Development Economics (2014)

2012

9. Financial Intermediation, Exchange Rates, and Unconventional Policy in an Open Economy
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
10. Is Inflation Targeting Still On Target?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
11. Macroeconomic Performance During Commodity Price Booms and Busts
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (58)
    See also Journal Article in IMF Economic Review (2012)
12. Non-Ricardian Aspects of Fiscal Policy in Chile
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (13)
    See also Chapter (2013)
    Journal Article in Journal Economía Chilena (The Chilean Economy) (2011)

2011

13. The Impact of Uncertainty Shocks in Emerging Economies
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (19)
    See also Journal Article in Journal of International Economics (2013)

2010

14. Heterodox Central Banking
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (1)
    See also Chapter (2011)
15. Monetary Policy Under Financial Turbulence: an Overview
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (7)
    See also Chapter (2011)

2006

16. Autonomía de Bancos Centrales: La Experiencia Chilena
    Working Papers Central Bank of Chile, Central Bank of Chile
17. Credibility and Inflation Targeting in Chile
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (3)
    See also Chapter (2007)

2005

18. Credibility and Inflation Targeting in an Emerging Market: The Case of Chile
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (14)
19. 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 (2006)
20. 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 (36)

2004

21. Uso de Análisis Factorial Dinámico para Proyecciones Macroeconómicas
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (6)

2003

22. Commodity Currencies and the Real Exchange Rate
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (17)
    See also Journal Article in Journal of Development Economics (2004)
23. Must Original Sin Cause Macroeconomic Damnation?
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (1)
24. Pricing Policies and Inflation Inertia
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (10)
    Also in IMF Working Papers, International Monetary Fund (2003) View citations (10)

2002

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

2000

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

Journal Articles

2022

1. The macroeconomics of a pandemic: A minimalist framework*
   Journal of International Money and Finance, 2022, 127, (C)
   See also Working Paper (2020)

2017

2. Financial intermediation, real exchange rates, and unconventional policies in an open economy
   Journal of International Economics, 2017, 108, (S1), S76-S86 View citations (14)
   See also Chapter (2016)

2015

3. El desafío de crear oportunidades para todos
   Estudios Públicos, 2015, (138), 189-198
4. 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 (75)
   See also Working Paper (2015)

2014

5. 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)
6. Is Inflation Targeting Still on Target? The Recent Experience of Latin America
   International Finance, 2014, 17, (2), 185-208 View citations (12)
   See also Working Paper (2013)
7. Was this time different?: Fiscal policy in commodity republics
   Journal of Development Economics, 2014, 106, (C), 92-106 View citations (57)
   See also Working Paper (2013)

2013

8. Monetary policy at the zero lower bound: the chilean experience
   Journal Economía Chilena (The Chilean Economy), 2013, 16, (2), 96-121 View citations (1)
   See also Chapter (2014)
   Working Paper (2013)
9. The impact of uncertainty shocks in emerging economies
   Journal of International Economics, 2013, 90, (2), 316-325 View citations (73)
   See also Working Paper (2011)

2012

10. Macroeconomic Performance During Commodity Price Booms and Busts
    IMF Economic Review, 2012, 60, (4), 570-599 View citations (24)
    See also Working Paper (2012)
11. PRICING POLICIES AND INFLATION DYNAMICS
    Macroeconomic Dynamics, 2012, 16, (4), 576-604

2011

12. 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 (2012)
    Chapter (2013)

2006

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

2005

16. Credibility and Inflation Targeting in an Emerging Market: Lessons from the Chilean Experience
    International Finance, 2005, 8, (3), 545-575 View citations (17)
17. On the Choice and Consequences of Exchange Rate Regimes
    International Finance, 2005, 8, (1), 151-166
18. 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

19. Balance Sheets and Exchange Rate Policy
    American Economic Review, 2004, 94, (4), 1183-1193 View citations (391)
    See also Working Paper (2000)
20. Commodity currencies and the real exchange rate
    Journal of Development Economics, 2004, 75, (1), 239-268 View citations (301)
    See also Working Paper (2003)
21. 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 (2)

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 in Journal of International Economics (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
   See also Working Paper (2013)
   Journal Article in Journal Economía Chilena (The Chilean Economy) (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 (9)
   See also Journal Article in Journal Economía Chilena (The Chilean Economy) (2011)
   Working Paper (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 (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 (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 (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 (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 (15)

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