Pontificia Universidad Católica de Chile, Department of Economics
Part time lecturer, 1991 – 1993

HONORS AND AWARDS
IADB, Project Director, Reseach Network on “Labor Market Dynamics, Growth, and Productivity”, 2002.

Fondecyt Grants (Chilean NSF) 1999-2001, 2001-2004, 2003-2005, 2004-2005 and 2005 (ranked first in 1999 and 2004 projects).

Fundación Andes Grant, Programa de Inserción de Científicos Chilenos, 1999.

Research and Development Department Grant, Universidad de Chile, 1998.

TIAA-CREF Paul Samuelson Award, Certificate of Excellence, 1998.

Alfred P. Sloan Foundation, Doctoral Dissertation Fellowship, 1997-1998.

Presidente de la República Scholarship, Ministerio de Planificación Chile, 1994-1997.

Fulbright Fellowship, 1994-1996.

Ford Foundation, 1994-1996.

Juan Mackenna Cerda Award, best student at the Universidad Católica de Chile, 1991-1992.

Raúl Iver Award, first in graduating class, Dept. of Economics, Univ. Católica, 1991-1992.

Universidad Católica Scholarship, best student Dept. Economics de Chile, 1987, 1989-1991.

Price Waterhouse Scholarship, best student Dept. Economics de Chile, 1987, 1989-1991.

PUBLICATIONS
Slow Recoveries”. Journal of Development Economics, 75(2), 473-506, December 2004 (with Raphael Bergoeing and Norman Loayza.)

“Productivity Dynamics” (Editorial). Journal of Development Economics, 75(2), 329-332, December 2004 (with Raphael Bergoeing and Sebastian Edwards.)

“The Dynamics of Earnings in Chile”, forthcoming in Economía Chilena (with C.Huneeus).

“Concentration, Hold-Up and Information Revelation in Bank Lending: Evidence From Chilean Firms”, in L. Ahumada and R.Fuentes (eds.) “Banking Industry and Monetary Policy Transmission”, Central Bank of Chile (with A.García, S.Rodríguez and R.Valdés). Also in Economía Chilena, December 2003.

“A Debt Puzzle”, in Philippe Aghion, Roman Frydman, Joseph Stiglitz, Michael Woodford (eds.) “Knowledge, Information, and Expectations in Modern Economics: In Honor of Edmund S. Phelps”, Princeton University Press, 2003 (with David Laibson and Jeremy Tobacman).

“The Hyperbolic Consumption Model: Calibration, Simulation, and Empirical Evaluation”, Journal of Economic Perspectives, Summer 2001, Vol. 15, No 3 (with Marios Angeletos, David Laibson, Jeremy Tobacman and Stephen Weinberg). Also in George Loewenstein, Daniel Read y R.Baumeister (eds.) “Time and Decision: Economic and Psychological Perspectives on Intertemporal Choice”. New York: Russell Sage Foundation Press, 2003.

“Método de Selección y Resultados Académicos, Escuela de Ingeniería, Universidad de Chile”, Estudios Públicos, diciembre 2003 (with Ronald Fischer).

“Financial Liberalization and Growth. A Comment”, Economia LACEA Journal, 2002, v1 #2.

“Contagion in Latin America. A Comment”, Economia LACEA Journal, 2001, v1 #2.

“Incentivos al Ahorro. Lecciones de la Economía del Comportamiento”, in Felipe Morandé y RodrigoVergara (eds.) Análisis Empírico del Ahorro en Chile, 2001, Banco Central de Chile and Centro de Estudios Públicos.

“Self-Control and Saving for Retirement”, Brookings Papers on Economic Activity 1, 1998 (with David Laibson and Jeremy Tobacman). Also forthcoming in R.Brooks and A.Razin (eds.) The Politics and Finance of Social Security Reform, Cambridge University Press.

“Las Exportaciones como Motor de Crecimiento”, in Patricio Meller (ed.) El Modelo Exportador Chileno. Santiago, Chile, May 1996 (with Pablo García and Patricio Meller).

“Indicadores de Competitividad de las Exportaciones Chilenas”, in Patricio Meller (ed.) El Modelo Exportador Chileno. Santiago, Chile, May 1996 (with Patricio Meller).

“Empleo y Remuneraciones en el Sector Exportador Chileno”, en Patricio Meller (ed.) El Modelo Exportador Chileno. Santiago, Chile, Mayo 1996 (co-autor: Patricio Meller).

“Chile”, Situación Latinoamericana, CEDEAL, several issues, Spain, 1993-1994 (with Sergio Lehmann).

“Políticas Macroeconómicas y Tipo de Cambio Real: Chile 1980-1991, Colección de Estudios CIEPLAN 39, Santiago, Chile, June 1994.

“Efectos de la Estrategia de Desarrollo Chilena en las Regiones”, Colección de Estudios CIEPLAN 37, Santiago, Chile, December 1993 (with Bernardita Escobar).

“Desempeño Macroeconómico Chileno Durante el Período 1992-1993”, Coyuntura Económica Latinoamericana, Colombia, October 1993 (with Sergio Lehmann).

“Determinantes de Largo Plazo del Tipo de Cambio Real: una Aplicación al Caso Chileno”, Colección de Estudios CIEPLAN 36, Santiago, Chile, December 1992.

WORK IN PROGRESS
“Estimating Discount Functions from Consumption Choices” (with D.Laibson and J. Tobacman).

“Do Bank Lending Relationships Benefit Borrowers?” (with S. Rodriguez and R.Valdés. Submitted to the Journal of Financial Intermediation).

“The Effects of Bank M&As on Firm Financing” (with F.Duarte and R.Valdés).

“Productivity Dynamics in Chile” (with R.Bergoeing and A.Hernando).

“Dissagregate Fluctuations and Policy” (with R.Bergoeing and A.Hernando).

“Does Survival Depend on Productivity?” (with J.M.Benavente and C.Ferrada).

“Personal Bankruptcies and Individual Wealth Accumulation”.

SEMINARS
Massachusetts Institute of Technology (MIT), New York University (NYU), Columbia University, Federal Reserve Bank of New York, Council on Foreign Relations, National Bureau of Economic Research (NBER) Summer Institute, Brookings Panel on Economic Activity, Banco Central de Chile, CIEPLAN, ILADES, Universidad de Chile, Universidad Católica de Chile, LACEA Meetings, World and Latin American Econometric Society Meetings.

REFEREEING
American Economic Review, Journal of Political Economy, Review of Economic Studies, European Economic Review, Journal of Monetary Economics, Journal of Public Economics, International Tax and Public Finance, Cuadernos de Economía, Economía Chilena, Estudios de Economía, Revista de Análisis Económico, Conicyt, Vicerrectoría Académica Pontificia Universidad Católica.

OTHER PROFESSIONAL ACTIVITIES
Academic Director, MA Program in Economics, Dept. of Industrial Engineering, U. of Chile, 2003-

Member of the editorial committee, Cuadernos de Economía, 2004 -.

Elected director of the Chilean Economic Association.

Co-chair, NBER-IASE Meetings, organized with R.Bergoeing and S.Edwards, 2003.

Member of the Economia Panel, Latin American and Caribbean Economic Association, 2002-2003.

Co-director, MA and PhD Programs in Economics, Dept. Industrial Engineering, U. of Chile, 1999-2002.

Consultant, Ministry of Finance, 2001.

Consultant, IADB, 1998-2000.