Fernando Avalos

Fernando Avalos

Senior Economist
Monetary and Economics Department, Economics for Latin American and the Caribbean

Fernando Avalos joined the BIS in the Spring of 2011 as Senior Economist in the Economics for Latin America and the Caribbean group of the Monetary and Economics Department. He has previously served as economist for Banco Itaú, in charge of covering the four Southern Cone countries: Argentina, Chile, Paraguay and Uruguay. Prior to that he was at the Central Bank of Argentina, where he launched and directed a department concerned with monetary and financial modeling. He also worked as economic and financial consultant in NERA Economic Consulting (New York), and performed consulting duties for the Inter-American Development Bank and the Securities Commission of Perú, among others. Fernando holds a Ph.D. and M.A. in economics from University of Chicago.


Fields of interest

  • Financial markets
  • Internatinonal finance
  • Monetary policy

Selected Publications

  • "Commodity prices: microeconomic drivers and emerging risks for Latin America", Papers and Proceedings of the 2011 Conference on "Challenges of macroeconomic policy in emerging and developing economies," FLAR, October 2011.
  • "Do oil prices drive food prices: A natural experiment," Journal of International Money and Finance, special issue on "Understanding International Commodity Price Fluctuations," forthcoming.

BIS Research papers

Date Research papers
Mar 2013

Hedging in derivatives markets: the experience of Chile

BIS Quarterly Review March 2013

Other authors: Ramon Moreno