Fernando Avalos
Senior Economist
Monetary and Economic Department, Financial Markets
Fernando Avalos joined the BIS in the spring of 2011. He 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 modelling. 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 Peru, among others. Fernando holds a PhD and MA in economics from the University of Chicago.
Fields of interest
- Financial markets
- International finance
- Monetary policy
- "When the walk is not random: commodity prices and exchange rates" (with E Kohlscheen and A Schrimpf), International Journal of Central Banking, forthcoming. Also published as BIS Working Papers, no 551.
- " Do oil prices drive food prices? The tale of a structural break", Journal of International Money and Finance, vol 42, April 2014, pp 253-71.
- " 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", Fondo Latinoamericano de Reservas, October 2011.