Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Christian Upper
Growth and Productivity in the Americas
Abstract Across the Americas, low output and productivity growth are key policy challenges. Growth expectations for many countries have fallen in recent years, with Latin America and the Caribbean especially lagging behind emerging market peers. In many cases, total factor productivity growth has been negative for decades. This is due to several structural factors, including low overall investment, low educational attainment, high informality, and inadequate infrastructure.
Latin America’s Non-Linear Response to Pandemic Inflation
By Rafael Guerra, Steven Kamin, John Kearns, Christian Upper, and Aatman Vakil Abstract This paper estimates empirical Taylor rules to analyze the recent monetary policy of the five main Latin American inflation-targeting central banks. We find that during the inflationary surge of 2021–23, monetary policy reacted more strongly and more quickly to changes in inflation than predicted by a standard linear Taylor rule, estimated on data from the pre-pandemic period.
Latin America's non-linear response to pandemic inflation
Focus Over the past 15 years, central banks in emerging market economies (EMEs), including those in Latin America, appear to have pursued more balanced monetary policies. That is, the policies respond to deviations of both economic activity from some equilibrium level and inflation from target.
Central banking in the Americas: Lessons from two decades
This volume discusses the major developments of the last two decades and how they might affect the future. It presents a collection of chapters – one from each country represented on the BIS Consultative Council of the Americas (CCA). These contributions review the experience of the past 20 years to draw lessons that would help central banks to meet the challenges of the future. We complement this collection with two additional chapters.
Inflation and labour markets
Inflation shot up in both emerging market economies (EMEs) and advanced economies (AEs) in the wake of the Covid-19 pandemic. While labour market developments were not a key source of the surge, they could become important for the persistence of inflation and, thus, the path of disinflation.
The energy transition and its macroeconomic effects
The energy transition will have profound and varying effects across the globe. We assess how clean technologies are evolving – mainly wind, solar and electric vehicles – and the challenges and opportunities the transition poses for fossil fuel and metals and minerals producers in the short and long term. We describe the likely macroeconomic consequences of the energy transition and identify the countries that are most positively and negatively exposed.
Towards liquid and resilient government debt markets in EMEs
Over the last 20 years, government debt markets in emerging market economies (EMEs) have grown and matured. Not only has it become easier for foreign investors to participate in these markets, but also the local investor base has deepened. Our findings show that the investor base and size of hedging markets affect the liquidity and resilience of EME government debt markets.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Christian
Contact Christian, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack