SERGIO VILLALVAZO

Ph.D. Candidate in Economics

The University of Pennsylvania

I am a Ph.D. Candidate in the Economics Department at the University of Pennsylvania. I'm mainly interested in international economics, macro-finance, public economics, and macroeconometrics.

I will be joining the Federal Reserve Board in the Financial and Macroeconomic Stability Studies section.

Google Scholar

SergioFoto.JPG
 

RESEARCH & PUBLICATIONS

Inequality and Asset Prices during Sudden Stops. (Job Market Paper)

Working Paper Version
Presentations: 2020: Penn, Atlanta Fed, ITAM, Fed Board.

2021: Chicago Fed, Queen Mary U London, World Bank, Bank of England, Fed Board, Tufts University, Penn State, UT Austin, SUNY Albany, Dallas Fed, ITAM, U Maryland.

FDI Flows and Sudden Stops in Small Open Economies. 

Working Paper Version

Presentations: Macro Financial Modelling Summer Session at Cape Cod (2018), Latin American Meeting of the Econometric Society at Guayaquil (2018), European Winter Meeting of the Econometric Society at Naples (2018).

SVARs with Occasionally-Binding Constraints. with Boragan Aruoba, Marko Mlikota and Frank Schorfheide.

The Journal of Econometrics (R&R). | Working Paper Version

Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk. with Dirk Krueger and Alexander Ludwig.

Journal of Public Economics (R&R). | Working Paper Version

Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally-Binding Constraints. with Boragan Aruoba, Pablo Cuba-Borda, Kenji Higa-Flores and Frank Schorfheide.

Review of Economic Dynamics (Forthcoming). | Link to document | Working Paper Version | NBER extended WP

Replication Files: Julia Replication NK DSGE Model (Main Paper), Julia Replication Consumption-Savings Model (Appendix)

FiPIt: A simple, fast global method for solving models with two endogenous states & occasionally binding constraints. with Enrique G. Mendoza.

Review of Economic Dynamics, Volume 37, July 2020, Pages 81-102. | Link to document | Link to UserGuide and Codes | PIER Working Paper Version | NBER extended WP 

The effect of natural gas shortages on the Mexican economy. with Carlo Alcaraz.

Energy Economics Volume 66, August 2017, Pages 147-153. | Link to document | Working Paper Version

Press Coverage: Proceso

Decomposition of financial crises in Mexico (in Spanish). 

Gaceta de Economía 34 (2015). | Link to document

 

WORK IN PROGRESS

Changing Jobs to Fight Inflation: Labor Market Reactions to Inflationary Shocks. with Gorkem Bostanci and Omer Koru.

Working Paper Version

Rising Intangibles and Fading Listed. with Sara Casella and Hanbaek Lee.

Slides

 

EDUCATION

PHD ECONOMICS

The University of Pennsylvania, 2021

MA ECONOMICS

The University of Pennsylvania, 2017

MA ECONOMIC THEORY, HONORS

ITAM, 2015

BA ECONOMICS, HIGHEST HONORS

ITAM, 2011

 

PROFESSIONAL

June 2020 - July 2020

Dissertation Scholar. Federal Reserve Bank of Atlanta, Research Department.

June 2019 - August 2019

Quantitative Researcher. Citadel, Global Fixed Income.

2012 - 2015

Economist. Central Bank of Mexico, Economic Research Division.

 

CONTACT ME

Department of Economics

University of Pennsylvania
The Ronald O. Perelman Center for Political Science and Economics

133 South 36th Street
Philadelphia, PA 19104

vsergio (at) sas.upenn.edu