Details about Patricio Valenzuela

Access statistics for papers by Patricio Valenzuela.

Last updated 2025-03-07. Update your information in the RePEc Author Service.

Short-id: pva264

Working Papers

2023

1. Banking in Africa: Opportunities and Challenges in Volatile Times
   Policy Research Working Paper Series, The World Bank

2022

2. Sovereign Credit Spreads, Banking Fragility, and Global Factors
   Working Papers Central Bank of Chile, Central Bank of Chile
   See also Journal Article Sovereign credit spreads, banking fragility, and global factors, Journal of Financial Stability, Elsevier (2024) (2024)

2018

3. Improving Access to Banking: Evidence from Kenya
   BAFFI CAREFIN Working Papers, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy View citations (2)
   Also in Working Papers, University of Pennsylvania, Wharton School, Weiss Center (2012) View citations (10)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (7)
   Policy Research Working Paper Series, The World Bank (2013) View citations (17)
   Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile (2013) View citations (15)
   See also Journal Article Improving Access to Banking: Evidence from Kenya*, Review of Finance, European Finance Association (2021) View citations (17) (2021)
4. Investment Opportunities and Corporate Credit Risk
   Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile View citations (2)

2017

5. Capital Controls and the Cost of Debt
   IMF Working Papers, International Monetary Fund View citations (2)
   Also in Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile (2015) View citations (3)
   Working Papers, University of Pennsylvania, Wharton School, Weiss Center (2015) View citations (3)
   See also Journal Article Capital Controls and the Cost of Debt, IMF Economic Review, Palgrave Macmillan (2019) View citations (3) (2019)
6. Efectos de la Reforma del Código de Aguas
   Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile
7. Inequality, Finance, and Growth
   Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile
8. Longevity, Human Capital and Domestic Investment
   Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile
   See also Journal Article Longevity, Human Capital and Domestic Investment, Economics Bulletin, AccessEcon (2018) (2018)
9. The Inequality-Credit Nexus
   Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile
   See also Journal Article The inequality-credit nexus, Journal of International Money and Finance, Elsevier (2019) View citations (8) (2019)

2016

10. Gone with the Wind: Demographic Transition and Domestic Saving
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center View citations (1)
    Also in IDB Publications (Working Papers), Inter-American Development Bank (2016) View citations (4)
    Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile (2016) View citations (3)
    See also Journal Article Gone with the wind: Demographic transitions and domestic saving, Review of Development Economics, Wiley Blackwell (2018) View citations (3) (2018)

2015

11. Financial Openness, Domestic Financial Development and Credit Ratings
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center View citations (1)
    Also in Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile (2015) View citations (1)
    See also Journal Article Financial openness, domestic financial development and credit ratings, Finance Research Letters, Elsevier (2016) View citations (20) (2016)
12. Inequality and Private Credit
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center
    Also in Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile (2015)

2014

13. Development Diagnostics for the Southern Cone
    IDB Publications (Working Papers), Inter-American Development Bank
14. The African financial development and financial inclusion gaps
    Policy Research Working Paper Series, The World Bank View citations (111)
    Also in Working Papers, University of Pennsylvania, Wharton School, Weiss Center (2013) View citations (9)
    Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile (2013) View citations (8)
    See also Journal Article The African Financial Development and Financial Inclusion Gaps, Journal of African Economies, Centre for the Study of African Economies (2014) View citations (112) (2014)

2013

15. Financial Openness, Market Structure and Private Credit: An Empirical Investigation
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center View citations (10)
    Also in Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile (2013) View citations (10)
    See also Journal Article Financial openness, market structure and private credit: An empirical investigation, Economics Letters, Elsevier (2013) View citations (10) (2013)
16. Resolving the African financial development gap: cross-country comparisons and a within-country study of Kenya
    Policy Research Working Paper Series, The World Bank View citations (6)
    Also in Economics Working Papers, European University Institute (2012) View citations (31)
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center (2012) View citations (27)
    NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (25)
    See also Chapter Resolving the African Financial Development Gap: Cross-Country Comparisons and a Within-Country Study of Kenya, NBER Chapters, National Bureau of Economic Research, Inc (2014) View citations (3) (2014)
17. Rollover Risk and Corporate Bond Spreads
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center View citations (2)
    Also in Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile (2013) View citations (4)
18. Sovereign Ceilings "Lite"? The Impact of Sovereign Ratings on Corporate Ratings
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center View citations (78)
    Also in Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile (2013) View citations (94)
    See also Journal Article Sovereign ceilings “lite”? The impact of sovereign ratings on corporate ratings, Journal of Banking & Finance, Elsevier (2013) View citations (90) (2013)

2012

19. Financial Intermediation, Markets, and Alternative Financial Sectors
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center View citations (7)
    Also in Economics Working Papers, European University Institute (2012) View citations (8)
    See also Chapter Financial Intermediation, Markets, and Alternative Financial Sectors, Handbook of the Economics of Finance, Elsevier (2013) View citations (12) (2013)

2009

20. Who Benefits from Capital Account Liberalization? Evidence from Firm-Level Credit Ratings Data
    IMF Working Papers, International Monetary Fund View citations (9)
    See also Journal Article Who benefits from capital account liberalization? Evidence from firm-level credit ratings data, Journal of International Money and Finance, Elsevier (2012) View citations (31) (2012)

2008

21. Debt Sustainability Under Catastrophic Risk: The Case for Government Budget Insurance
    Research Department Publications, Inter-American Development Bank, Research Department View citations (10)
    Also in Research Department Publications, Inter-American Development Bank, Research Department (2007) View citations (6)
    IMF Working Papers, International Monetary Fund (2008) View citations (10)
    IDB Publications (Working Papers), Inter-American Development Bank (2007) View citations (2)
    See also Journal Article Debt Sustainability Under Catastrophic Risk: The Case for Government Budget Insurance, Risk Management and Insurance Review, American Risk and Insurance Association (2009) View citations (37) (2009)

2007

22. Becoming an Entrepreneur
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (4)
    Also in IDB Publications (Working Papers), Inter-American Development Bank (2007)
    Research Department Publications, Inter-American Development Bank, Research Department (2007) View citations (5)
23. La Sostenibilidad de Deuda frente a Riesgo de Catastrofes Naturales
    Research Department Publications, Inter-American Development Bank, Research Department
24. Sovereign Ceilings “Lite”? The Impact of Sovereign Ratings on Corporate Ratings in Emerging Market Economies
    IMF Working Papers, International Monetary Fund View citations (36)
25. The Determinants of Corporate Risk in Emerging Markets: An Option-Adjusted Spread Analysis
    IMF Working Papers, International Monetary Fund View citations (21)
    Also in Research Department Publications, Inter-American Development Bank, Research Department (2007) View citations (25)
    IDB Publications (Working Papers), Inter-American Development Bank (2007) View citations (6)
    See also Journal Article The determinants of corporate risk in emerging markets: an option-adjusted spread analysis, International Journal of Finance & Economics, John Wiley & Sons, Ltd. (2010) View citations (43) (2010)

2005

26. Ingresos y Microempresarias en Chile
    Labor and Demography, University Library of Munich, Germany View citations (1)

2004

27. Impactos de un Shock Externo en un Modelo Estocástico de Equilibrio General para una Economía Abierta: El Caso de Chile
    Macroeconomics, University Library of Munich, Germany View citations (1)

Journal Articles

2024

1. Economic uncertainty and credit risk: Evidence from international corporate bonds
   Economics Letters, 2024, 237, (C) View citations (1)
2. Sovereign credit spreads, banking fragility, and global factors
   Journal of Financial Stability, 2024, 72, (C)
   See also Working Paper Sovereign Credit Spreads, Banking Fragility, and Global Factors, Working Papers Central Bank of Chile (2022) (2022)

2023

3. Business advisory services and innovation during crises: Evidence from small businesses in Chile
   Journal of Business Research, 2023, 168, (C)

2021

4. Improving Access to Banking: Evidence from Kenya*
   (A matter of experience? Understanding the decline in group lending)
   Review of Finance, 2021, 25, (2), 403-447 View citations (17)
   See also Working Paper Improving Access to Banking: Evidence from Kenya, BAFFI CAREFIN Working Papers (2018) View citations (2) (2018)

2019

5. Capital Controls and the Cost of Debt
   IMF Economic Review, 2019, 67, (2), 288-314 View citations (3)
   See also Working Paper Capital Controls and the Cost of Debt, IMF Working Papers (2017) View citations (2) (2017)
6. DOES FINANCE ALTER THE RELATION BETWEEN INEQUALITY AND GROWTH?
   Economic Inquiry, 2019, 57, (1), 410-428 View citations (17)
7. The inequality-credit nexus
   Journal of International Money and Finance, 2019, 91, (C), 105-125 View citations (8)
   See also Working Paper The Inequality-Credit Nexus, Documentos de Trabajo (2017) (2017)

2018

8. Gone with the wind: Demographic transitions and domestic saving
   Review of Development Economics, 2018, 22, (4), 1744-1764 View citations (3)
   See also Working Paper Gone with the Wind: Demographic Transition and Domestic Saving, Working Papers (2016) View citations (1) (2016)
9. Longevity, Human Capital and Domestic Investment
   Economics Bulletin, 2018, 38, (3), 1547-1553
   See also Working Paper Longevity, Human Capital and Domestic Investment, Documentos de Trabajo (2017) (2017)

2016

10. Financial openness, domestic financial development and credit ratings
    Finance Research Letters, 2016, 16, (C), 11-18 View citations (20)
    See also Working Paper Financial Openness, Domestic Financial Development and Credit Ratings, Working Papers (2015) View citations (1) (2015)
11. Rollover Risk and Credit Spreads: Evidence from International Corporate Bonds
    Review of Finance, 2016, 20, (2), 631-661 View citations (8)

2014

12. The African Financial Development and Financial Inclusion Gaps
    Journal of African Economies, 2014, 23, (5), 614-642 View citations (112)
    See also Working Paper The African financial development and financial inclusion gaps, Policy Research Working Paper Series (2014) View citations (111) (2014)

2013

13. Financial openness, market structure and private credit: An empirical investigation
    Economics Letters, 2013, 121, (3), 478-481 View citations (10)
    See also Working Paper Financial Openness, Market Structure and Private Credit: An Empirical Investigation, Working Papers (2013) View citations (10) (2013)
14. Sovereign ceilings “lite”? The impact of sovereign ratings on corporate ratings
    Journal of Banking & Finance, 2013, 37, (11), 4014-4024 View citations (90)
    See also Working Paper Sovereign Ceilings "Lite"? The Impact of Sovereign Ratings on Corporate Ratings, Working Papers (2013) View citations (78) (2013)

2012

15. Who benefits from capital account liberalization? Evidence from firm-level credit ratings data
    Journal of International Money and Finance, 2012, 31, (6), 1649-1673 View citations (31)
    See also Working Paper Who Benefits from Capital Account Liberalization? Evidence from Firm-Level Credit Ratings Data, IMF Working Papers (2009) View citations (9) (2009)

2010

16. The determinants of corporate risk in emerging markets: an option-adjusted spread analysis
    International Journal of Finance & Economics, 2010, 15, (1), 59-74 View citations (43)
    See also Working Paper The Determinants of Corporate Risk in Emerging Markets: An Option-Adjusted Spread Analysis, IMF Working Papers (2007) View citations (21) (2007)

2009

17. Debt Sustainability Under Catastrophic Risk: The Case for Government Budget Insurance
    Risk Management and Insurance Review, 2009, 12, (2), 273-294 View citations (37)
    See also Working Paper Debt Sustainability Under Catastrophic Risk: The Case for Government Budget Insurance, Research Department Publications (2008) View citations (10) (2008)

Chapters

2024

1. International comparison of alternative finance
   Chapter 12 in Research Handbook on Alternative Finance, 2024, pp 283-302

2014

2. Resolving the African Financial Development Gap: Cross-Country Comparisons and a Within-Country Study of Kenya
   A chapter in African Successes, Volume III: Modernization and Development, 2014, pp 13-62 View citations (3)
   See also Working Paper Resolving the African financial development gap: cross-country comparisons and a within-country study of Kenya, The World Bank (2013) View citations (6) (2013)

2013

3. Financial Intermediation, Markets, and Alternative Financial Sectors
   Elsevier View citations (12)
   See also Working Paper Financial Intermediation, Markets, and Alternative Financial Sectors, University of Pennsylvania, Wharton School, Weiss Center (2012) View citations (7) (2012)