Details about Benjamin Garcia

Access statistics for papers by Benjamin Garcia.

Last updated 2025-07-11. Update your information in the RePEc Author Service.

Short-id: pga517

Working Papers

2024

1. Central Bank Independence at Low Interest Rates
   Working Papers Central Bank of Chile, Central Bank of Chile
2. Transmission Mechanisms in HANK: an Application to Chile
   Working Papers Central Bank of Chile, Central Bank of Chile View citations (1)
   See also Journal Article Transmission mechanisms in HANK: An application to Chile, Latin American Journal of Central Banking (previously Monetaria), Elsevier (2024) View citations (1) (2024)

2023

3. Forward Guidance: Estimating a Behavioral DSGE Model with System Priors
   Working Papers Central Bank of Chile, Central Bank of Chile
4. Time-Varying Expenditure Shares and Macroeconomic Dynamics
   Working Papers Central Bank of Chile, Central Bank of Chile

2022

5. A Macro Financial Model for the Chilean Economy
   Working Papers Central Bank of Chile, Central Bank of Chile View citations (1)
6. Global Drivers and Macroeconomic Volatility in EMEs: a Dynamic Factor, General Equilibrium Perspective
   Working Papers Central Bank of Chile, Central Bank of Chile
7. Unconventional credit policies during crises: A structural analysis of the Chilean experience during the COVID-19 pandemic
   Working Papers Central Bank of Chile, Central Bank of Chile View citations (1)

2020

8. On the Response of Inflation and Monetary Policy to an Immigration Shock
   Working Papers Central Bank of Chile, Central Bank of Chile View citations (3)
   See also Journal Article On the Response of Inflation and Monetary Policy to an Immigration Shock, Journal of Human Capital, University of Chicago Press (2025) (2025)

2019

9. Job Ladders and Labor Productivity Dynamics
   2019 Meeting Papers, Society for Economic Dynamics
10. XMAS: An extended model for analysis and simulations
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (14)

2018

11. Asymmetric monetary policy responses and the effects of a rise in the inflation target
    Working Papers Central Bank of Chile, Central Bank of Chile

2017

12. Inferring the Shadow Rate from Real Activity
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)

2016

13. Welfare Costs of Inflation and Imperfect Competition in a Monetary Search Model
    Working Papers Central Bank of Chile, Central Bank of Chile
14. Zero Lower Bound Risk and Long-Term Inflation in a Time Varying Economy
    Working Papers Central Bank of Chile, Central Bank of Chile

2010

15. Evidence on the variability of the monetary policy inertia for inflation-targeting countries
    Working Papers Central Bank of Chile, Central Bank of Chile

Journal Articles

2025

1. On the Response of Inflation and Monetary Policy to an Immigration Shock
   Journal of Human Capital, 2025, 19, (2), 383 - 433
   See also Working Paper On the Response of Inflation and Monetary Policy to an Immigration Shock, Working Papers Central Bank of Chile (2020) View citations (3) (2020)

2024

2. Transmission mechanisms in HANK: An application to Chile
   Latin American Journal of Central Banking (previously Monetaria), 2024, 5, (3) View citations (1)
   See also Working Paper Transmission Mechanisms in HANK: an Application to Chile, Working Papers Central Bank of Chile (2024) View citations (1) (2024)

2021

3. Evolution and Use of Structural Models in the Central Bank of Chile
   Ensayos Económicos, 2021, 1, (78), 28-46

2009

4. Efectos de Primas Financieras Sobre la Actividad Agregada
   Notas de Investigación Journal Economía Chilena (The Chilean Economy), 2009, 12, (3), 89-101 View citations (2)