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Articles by Mauricio Ulate
Are Inflation Expectations Currently Well Anchored?
The elevated inflation in the United States since 2021 has been attributed in large part to supply shocks such as logistic bottlenecks, tariffs, and rising energy prices (Shapiro 2022). Supply shocks generate a trade-off for monetary policymakers as economic activity and inflation move in opposite directions.
Comprensión lectora en estudiantado universitario de primer año: Hallazgos del estudio DIALECT en Costa Rica
español Objetivo. Las habilidades de comprensión lectora son clave en la educación superior para adquirir conocimientos complejos. Este estudio explora dichas habilidades y sus factores predictivos en estudiantado universitario de primer ingreso e identifica brechas entre los textos utilizados en cursos de primer año y los niveles de comprensión del estudiantado. Metodología.
Implementación del Meeting Centre Support Programme en países hispanohablantes: un análisis exploratorio de los casos de España y Ecuador
español Antecedentes y objetivos La falta de recursos y sistemas de salud inadecuados en países con ingresos económicos bajos y medianos dificultan afrontar los retos de la atención a la demencia. Una alternativa de atención con mayor integración socio-comunitaria y mejor relación costo-beneficio es el Meeting Centre Support Programme (MCSP).
Música para la esperanza: transformación de la realidad social en un barrio vulnerable de Costa Rica
Ayuda Buscar en la ayuda Buscar en la ayuda Música para la esperanza: transformación de la realidad social en un barrio vulnerable de Costa Rica Zamora Ulate, Mauricio [1] [1] Universidad de Costa Rica Localización: Ensayos Pedagógicos, ISSN-e 2215-3330, ISSN 1659-0104, Vol. 20, Nº. 2, 2025 (Ejemplar dedicado a: July-December), pág.
A Macroeconomic Model of Central Bank Digital Currency
Skip to main content We thank Joseph Abadi, Katrin Assenmacher, Rhys Bidder, Markus Brunnermeier, Francois Gourio, Pengfei Jia, Todd Keister, Narayana Kocherlakota, Michael Kumhof, Ashley Lannquist, Emi Nakamura, Dirk Niepelt, Anna Orlik, Daniel Sanches, Sanjay Singh, and Jon Steinsson for useful comments and suggestions.
The 2025 Trade War: Dynamic Impacts Across U.S. States and the Global Economy
We thank Feodora Teti for sharing her tariff data. Any opinions and conclusions expressed herein are solely those of the individual authors and do not represent the views of the Federal Reserve Bank of San Francisco, the Federal Reserve System, or the National Bureau of Economic Research. Related
The Transmission of Negative Nominal Interest Rates in Finland
Working Papers 2023-11 | April 2023 More Working Papers Despite the implementation of negative nominal interest rates by several advanced economies in the last decade and the many papers that have been written about this novel policy tool, there is still much we do not know about the effectiveness of this instrument. The pass-through of negative policy rates to loan rates is one of the main points of contention.
Labor Market Effects of Global Supply Chain Disruptions
Working Papers 2023-08 | February 2023 More Working Papers We examine the labor market consequences of recent global supply chain disruptions induced by COVID-19. Specifically, we consider a temporary increase in international trade costs similar to the one observed during the pandemic and analyze its effects on labor market outcomes using a quantitative trade model with downward nominal wage rigidities.
Supply Chain Disruptions, Trade Costs, and Labor Markets
Global supply chain disruptions due to the COVID-19 pandemic have increased the costs of trade between countries. Given the interconnectedness of the U.S. economy with the rest of the world, higher trade costs can have important impacts on U.S. labor markets. A model of the U.S. economy that incorporates variation in industry concentrations across regions can help quantify these effects.
Understanding the unemployment and welfare effects of the China shock
One concern about international trade often raised by the public and the popular press is that it may destroy jobs and lead to unemployment. The debate about the potential gains from trade has become increasingly salient in the light of the growing evidence within high-income countries about the adverse employment effects in labour markets that are relatively more exposed to import competition from low-income countries such as China.
New-Keynesian Trade: Understanding the Employment and Welfare Effects of Trade Shocks
There is a growing empirical consensus that trade shocks can have important effects on unemployment and nonemployment across local-labor markets within an economy.
The US economy is not yet back to its potential
The US economy is not yet back to its potential Estimates of potential output around the world have been systematically revised downward since the Great Recession. This column argues that the methods used to create these estimates do not distinguish between transitory and permanent shocks, or demand and supply shocks. Taking these differences into account suggests US output is almost 10 percentage points below potential output.
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