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Working Papers

From Banco Central de Reserva del Perú
Contact information at EDIRC.

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2026-017: Efectos de los precios de commodities y factores macroeconómicos internos sobre la deuda pública: evidencia para Perú y Chile Downloads
Ian Carrasco, Juan Celi and Juan Sánchez
2026-016: How Much Does Monetary Policy Affect the Fiscal Multipliers in a Small and Open Economy? Evidence from Peru Downloads
Alexander Meléndez
2026-015: The Liquidity Premium Channel of Monetary Policy Downloads
Piero Garcia
2026-014: El costo educativo de un desastre natural: evidencia del terremoto de Pisco de 2007 Downloads
Mario Huarancca and Maria Rita Huarancca
2026-013: Una nueva medida de competitividad en el comercio internacional: Tipo de Cambio Real por Competidores Downloads
Bruno Gonzaga and Carmen Rojas
2026-012: Can Metadata Guide Variable Selection for Macroeconomic Forecasting? Downloads
Andrew R Garcia and Marco Vega
2026-011: Expectativas fiscales y costo de financiamiento soberano: evidencia para América Latina Downloads
Diego Mamani-Arpasi and Juan Celi
2026-010: Interoperability, Payment Substitution, and Household Financial Fragility Downloads
Denys Casiano Inga
2026-009: La Diversificación Productiva en el Perú: Evidencia Multidimensional Downloads
Nikita Cespedes Reynaga, Lourdes Alvarez and Ruben Yanayaco
2026-008: Global Uncertainty Shocks and Their Effects on LATAM Financial Markets and the Aggregate Economy Downloads
Fernando Pérez Forero
2026-007: Asymmetries and Non-linearities in the Exchange Rate Pass-Through to Inflation – Evidence for Peru Downloads
Fernando Pérez Forero
2026-006: ¿Amortiguadores o amplificadores? Evidencia microeconómica sobre el rol de los inventarios en la producción peruana Downloads
Bruno Gonzaga and Diego Mamani-Arpasi
2026-005: Productividad Total de Factores y Eficiencia en la asignación de recursos: Perú 2011-2019 Downloads
Manuel Ruiz
2026-004: Determinants of Current Account Dynamics: Simulation and Estimation of DSGE Models with a Bayesian Approach Downloads
Diego Winkelried, Nicolás Butrón and Carmen Rojas
2026-003: Nowcasting GDP using data revisions in an emerging economy Downloads
Diego Winkelried, Jason Cruz and Javier Torres
2026-002: The Macroeconomic Effects of Economic Policy Uncertainty in Peru: Evidence from a News-Based Index Downloads
Luis Gonzalo Llosa, Sergio Serván and Jeanpierre Flores
2026-001: Seen and Unseen: NAIRU, informal labor market and talking points for monetary policy Downloads
César Carrera and Marko Razzo
2025-026: Hiperinflación y estabilización: El caso del Perú 1988-1992 Downloads
Adrián Armas Rivas and Zenón Quispe Misaico
2025-025: ¿Cuán no lineal es la curva de Phillips de Perú? Downloads
MarcoVega and Andrew Garcia
2025-024: Economic Uncertainty from Business Tendency Surveys: The Peruvian case Downloads
Ana Paola Gutierrez, Luis-Gonzalo Llosa and Juan José Tang
2025-023: Banks and the Marginal Propensity to Lend in General Equilibrium Downloads
Angel Fernández Rojas
2025-022: Efectos distributivos de la inflación Downloads
Nikita Cespedes Reynaga and Mario Huarancca Bellido
2025-021: Un modelo bancario con pagos digitales Downloads
Angel Fernández Rojas and Zenon Quispe Misaico
2025-020: Heterogeneity, Production Networks and the Economic Impact of Weather Shocks Downloads
Christian Velasquez
2025-019: Policy interest rate expectations and the behavior of the interbank money market Downloads
Piero Garcia, Jorge Pozo and Rafael Velarde
2025-018: Macroeconomic Effects of the Minimum Wage in an Emerging Economy with Labor Informality Downloads
Oscar Avila-Montealegre, Juan J. OspinaTejeiro, Anderson Grajales-Olarte and Mario Ramos-Veloza
2025-017: The Impact of the Uncertainty in Bank Lending Standards Downloads
César Salinas
2025-016: Regional Inflation Spillovers and Monetary Policy Design: Evidence from Peru's Successful InflationTargeting Framework Downloads
Jose Aguilar and Ricardo Quineche
2025-015: Recent Tax Reforms in Peru: A Macro-Sectoral Assessment Using a Dynamic Computable General Equilibrium Model Downloads
Lourdes Alvarez and Braulio Escobar
2025-014: Liquidity Regulation and the LCR Premium: Evidence from Repo Market Dynamics in Peru Downloads
Delia Ruiz, Diego Franco and Walter Cuba
2025-013: The Impact of Deposit Dollarization on Credit Dollarization: Evidence of Natural Hedging and Excessive Risk-Taking Channels Downloads
Jorge Pozo
2025-012: The Economic Footprint of Natural Disasters: Demand-side or supply-side forces? Downloads
Jorge Pozo and Youel Rojas
2025-011: Dynamic Relationship between Credit and Economic Growth Downloads
Nicolás Butrón and Jorge Pozo
2025-010: On the Dynamics of Mental Health Downloads
Diego Ascarza-Mendoza and Christian Velasquez
2025-009: El muy prolongado viaje al trabajo en Perú Downloads
Nikita Céspedes-Reynaga
2025-008: Economic Activity, Inflation, and Monetary Policy after Extreme Weather Events: ENSO and its Economic Impact on the Peruvian Economy Downloads
John Aguirre, Alan Ledesma Arista, Fernando Pérez Forero and Youel Rojas
2025-007: Financial Institutions and Climate Shocks: Pre-emptive vs. Reactive Lending Adjustments in the Case of El Niño Downloads
Viktoria Vidahazy, Gerald Alex Cisneros Rojas and Alvaro Alejandro Hinostroza Lamilla
2025-006: Adoption and welfare effects of payment innovations: The case of digital wallets in Peru Downloads
Arturo Andia, Jose Aurazo and Marcelo Paliza
2025-005: ¿La Inflación en el Perú Presenta una Dinámica Asimétrica?: Un Enfoque Cuantílico Downloads
Jose Aguilar, Romina Garibay and Ricardo Quineche
2025-004: Natural events in Peru: A multidimensional analysis Downloads
Jhonatan Vicuña, Maria Fe García and Renzo Castellares
2025-003: Diseño e Implementación del Piloto de CBDC Minorista en Perú Downloads
Milton Vega, Elmer Sánchez León and Arturo Andia
2025-002: El Programa Reactiva y sus efectos reales en las empresas peruanas Downloads
Nikita Céspedes-Reynaga and Lesly Gonzales-Berrocal
2025-001: The Effects of Business Credit Support Programs: Evidence from a Regression Discontinuity Design Downloads
Balila Acurio and Alessandro Tomarchio
2024-024: Terms of Trade and Small Open Economies Business Cycles: The role of Global Shocks Downloads
Christian Velasquez
2024-023: Work from home and labor market outcomes in developing economies Downloads
Nikita Céspedes-Reynaga
2024-022: Ciclos Crediticios en el Perú Downloads
Cristian Alcaraz, Miguel Cabello and Rafael Nivin
2024-021: Dissecting The Risk-Taking Channel of Monetary Policy: A New Approach and Evidence from Peru Downloads
Jorge Pozo and Youel Rojas
2024-020: Competencia Fintech en el mercado minorista de cambio de divisas Downloads
Alvaro Hinostroza and David Ramírez
2024-019: Nowcasting Peruvian GDP with Machine Learning Methods Downloads
Jairo Flores Audante, Bruno Gonzaga, Walter Ruelas-Huanca and Juan Tang
2024-018: Monetary Policy, Bank Heterogeneity and the Marginal Propensity to Lend Downloads
Angel Fernández Rojas
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