Curriculum VitaeJanuary 2019

JESUS OTERO

Contact information

Facultad de EconomıaUniversidad del RosarioCalle 12C No. 4-69BogotaColombia

Phone: (+571) 297 - 0200 Ext. 4127Fax: (+571) 344 5763

Email: jesus.otero@urosario.edu.coEmail: jotero1@gmail.com

Home page: http://www.urosario.edu.co/Profesores/Listado-de-profesores/

Education

Economista (equivalent to BSc. in Economics). Universidad de losAndes, Colombia, 1985 to 1989.

Magister en Economıa (equivalent to MSc. in Economics). Univer-sidad de los Andes, Colombia, 1989 to 1990.

MSc. in Quantitative Development Economics. University ofWarwick, UK, 1993 to 1994.

Ph.D. in Economics. University of Warwick, UK, 1994 to 1998.

⋆ Thesis entitled “Coffee, the money market, the real exchange rate,and economic fluctuations in Colombia.” Supervisors: ProfessorJeremy Smith, Professor Neil Rankin.

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Professional experience

Research Economist. Department of Industrial Credit, Banco de laRepublica, Colombia. 1990 to 1993.

Research Fellow. Centre for Management under Regulation, War-wick Business School, University of Warwick, UK. 1998 to 1999.

Associate Professor. Department of Economics, Universidad delRosario, Colombia. 1999 to 2002.

Professor. Department of Economics, Universidad del Rosario, Colom-bia. 2003 to present.

Other academic positions

Associate Fellow. Centre for Management under Regulation, War-wick Business School, University of Warwick, UK. (December 1999 toNovember 2002).

Distinctions, awards and honours

Juan Agustın Uricoechea y Navarro Excellence Teaching Award.Department of Economics, Universidad del Rosario, 2003.

Fellow of the Colombian Academy of Economics, since Septem-ber 2005.

Mentor Recognition Award. University of California, San Diego.November 2005.

“Doctor Manuel Noriega Morales” Research Award. Third

Place. Banco de Guatemala, Guatemala. June 2018.

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Scholarships

Scholarship for MSc. Studies in Economics awarded by the De-partment of Economics of the Universidad de los Andes, August toDecember 1989.

Scholarship for Doctoral Studies in Economics awarded by TheBritish Council and the Fundacion para el Futuro de Colombia (Colfu-turo), October 1994 to September 1995.

Scholarship for Doctoral Studies in Economics awarded by theCentral Bank of Colombia (Banco de la Republica), October 1995 toSeptember 1998.

Visiting posts

Visiting Fellow. Department of Economics, University of Warwick,UK: September to December 2003; September 2006 to August 2007;July to November 2010; November 2013 to January 2014; October toNovember 2014; December 2016 to January 2017.

Visiting Academic. Institute for Empirical Research in Economics,University of Zurich, Switzerland: October 2017.

Visiting Scholar. World Institute for Development Economics Re-search, United Nations University, Finland: June to August 2011; Juneto August 2013.

Visiting Academic. Austrian Institute of Economic Research, Aus-tria: July to August 2017.

Visiting Academic. Centro de Investigacion y Docencia Economicas(CIDE) Aguascalientes, Mexico: September 2017.

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Administrative responsibilities

Member of the Appointments Committee. Department of Eco-nomics, Universidad del Rosario, Colombia: several years.

Member of the Promotions Committee. Department of Eco-nomics, Universidad del Rosario, Colombia: several years.

External Member of the Promotions Committee. Departmentof Economics, Universidad de los Andes, Colombia: 2005 to present.

Director Graduate School in Economics. Department of Eco-nomics, Universidad del Rosario, Colombia: September 2011 to May2013.

Research interests

Econometrics, macro-econometric time series modelling, unit roots,cointegration, non-linear models, unit roots and cointegration in paneldata.

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Teaching experience

Undergraduate courses

⋆ Universidad de los Andes, Colombia. Microeconomics III (Part-time Teaching Assistant). August 1989 to December 1989.

⋆ Universidad de los Andes, Colombia. Macroeconomics I (Part-time Teaching Assistant). January 1993 to May 1993; January1990 to May 1990.

⋆ University of Warwick, UK. Quantitative Techniques II (Part-timeTeacher). October 1996 to August 1999.

⋆ University of Warwick, UK. Economic Statistics & Econometrics(Part-time Teacher). October 1998 to August 1999.

⋆ Universidad del Rosario, Colombia. Basic Econometrics. SinceJanuary 2000.

⋆ Universidad del Rosario, Colombia. Research Tools in Economicsand Finance. Since January 2007.

Graduate courses

⋆ Universidad del Rosario, Colombia. Econometrics. Since January2000.

⋆ Universidad del Rosario, Colombia. Time Series Analysis. SinceJanuary 2000.

⋆ Universidad del Rosario, Colombia. Topics in Econometrics. SinceJanuary 2010.

Guest courses

⋆ Gastprofessor Socioeconomic Institute, Institute for EmpiricalResearch in Economics University of Zurich, Switzerland. UnitRoots and Cointegration in Heterogeneous Panel Data (short sum-mer course for PhD students). June 2009.

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Editorial service

Advisory Board. Revista de Economıa del Rosario: July 2006 topresent.

Editorial Board. International Journal of Energy and Statistics : April2013 to present.

Editorial Board. Ensayos Sobre Polıtica Economica (Banco de la Republicade Colombia): January 2004 to June 2009.

Editor-in-Chief. Revista de Economıa del Rosario: July 2001 to April2006.

Referee (in at least one occasion) for the following journals:

Agricultural Economics ; Agricultural and Food Economics ; Applied Eco-nomics ; Applied Financial Economics ; Desarrollo y Sociedad (Universidadde los Andes, Colombia); Economıa y Administracion (Universidad Autonomade Occidente, Colombia); Economıa Institucional (Universidad Externado,Colombia); Economic Modelling ; Economics Letters ; Emerging Markets Fi-nance and Trade; Empirical Economics ; Energy Economics ; Ensayos so-bre Polıtica Economica (Central Bank of Colombia); Estudios Gerenciales(Universidad ICESI, Colombia); Finance Research Letters ; International Re-view of Economics and Finance; International Economic Journal ; Journalof Applied Econometrics ; Journal of Development Economics ; Journal ofEmpirical Finance; Journal of International Financial Markets, Institutionsand Money ; Journal of Housing and the Built Environment ; Journal ofMoney, Credit and Banking ; Latin American Economic Review ; Latin Amer-ican Journal of Economics (formerly Cuadernos de Economıa); Lecturasde Economıa (Universidad de Antioquia, Colombia); Macroeconomics andFinance in Emerging Market Economies ; Open Economies Review ; OxfordBulletin of Economics and Statistics ; Portuguese Economic Journal ; Quar-terly Review of Economics and Finance; Revista de Economıa (UniversidadEAFIT, Colombia); The Energy Journal ; The Stata Journal ; Telecommuni-cations Policy.

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Other editorial service

Member of the Programme Committee for the XV meeting of the LatinAmerican and Caribbean Economic Association. Medellın, Colombia,November 11–13, 2010.

Scientific Committee 1st International Conference in Applied Theory,Macro and Empirical Finance, Thessaloniki, Greece, April 6–7, 2015.

Scientific Committee 2nd International Conference in Applied Theory,Macro and Empirical Finance, Thessaloniki, Grecia, May 6–7, 2016.

Member of the Programme Committee for the 2016 Latin AmericanMeeting of the Econometric Society. Medellın, Colombia, November10–12, 2016.

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Other academic activities

Referee for the Fundacion para la Promocion de la Investigacion y laTecnologıa of the Central Bank of Colombia.

Academic Coordinator and Organiser of the course “Non-LinearTime Series Models in Economics and Finance” by Professor Philip

Hans B.F. Franses (Erasmus University), delivered at the Universi-dad del Rosario, in Bogota, Colombia, November 14 – 18, 2000.

Academic Coordinator and Organiser of the course “EconometricAnalysis of Panel Data ” by Professor Badi H. Baltagi (Texas A& M University), delivered at the Universidad del Rosario, in Bogota,Colombia, May 26 – 30, 2003.

Academic Coordinator and Organiser of the course “Specification,Identification and Estimation of Discrete Choice Models” by ProfessorMelvyn Weeks (Cambridge University), delivered at the Universidaddel Rosario, in Bogota, Colombia, July 21 – 24, 2004.

Academic Coordinator and Organiser of the course “EconometricModels for Count Data ” by Professor Rainer Winkelmann (ZurichUniversity), delivered at the Universidad del Rosario, in Bogota, Colom-bia, August 11 – 15, 2008.

Academic Coordinator andOrganiser of the course “Topics in Em-pirical Industrial Organisation ” by Professor Melvyn Weeks (Cam-bridge University), delivered at the Universidad del Rosario, in Bogota,Colombia, September 1 – 5, 2008.

Academic Coordinator and Organiser of the course “EconomicForecasting” by Professor Graham Elliott (University of Californiaat San Diego), delivered at the Universidad del Rosario, in Bogota,Colombia, March 24 – 27, 2009.

Academic Coordinator and Organiser of the course “The Coin-tegrated VAR Model: Methodology and Applications” by ProfessorsKatarina Juselius and Søren Johansen (University of Copenh-aguen), delivered at the Universidad del Rosario, in Bogota, Colombia,January 25 – 29, 2010.

Academic Coordinator and Organiser of the course “EconometricAnalysis of Panel Data ” by Professor Badi H. Baltagi (Syracuse Uni-versity), delivered at the Universidad del Rosario, in Bogota, Colombia,October 31 – November 4, 2011.

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Academic Coordinator and Organiser of the course “Time Seriesin Macroeconomics and Finance ” by Professor Andrew C. Harvey

(Cambridge University), delivered at the Universidad del Rosario, inBogota, Colombia, March 12 – 16, 2012.

Academic Coordinator and Organiser of the course “Unit Rootsand Cointegration in Panels ” by Professor Anindya Banerjee (Birm-ingham University), delivered at the Universidad del Rosario, in Bo-gota, Colombia, November 26 – 30, 2012.

Academic Coordinator and Organiser of the course “Analysis ofMicrodata ” by Professor Rainer Winkelmann (Zurich University),delivered at the Universidad del Rosario, in Bogota, Colombia, Febru-ary 11 – 15, 2013.

Academic Coordinator and Organiser of the course “Topics inEmpirical Finance ” by Professor Marno Verbeek (Erasmus Univer-sity, Rotterdam), delivered at the Universidad del Rosario, in Bogota,Colombia, May 27 – 31, 2013.

Academic Coordinator and Organiser of the course “Introductionto Stata Programming ” by Professor Christopher F. Baum (BostonCollege), delivered at the Universidad del Rosario, in Bogota, Colom-bia, March 6 – 10, 2017.

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Publications

Refereed journal articles

1. “Structural breaks and seasonal integration” (with Jeremy Smith), Eco-nomics Letters, Vol. 56, No. 1, September 1997, 13 – 19.

2. “The real exchange rate in Colombia: An analysis using multivariatecointegration”, Applied Economics, Vol. 31, No. 5, May 1999, 661 –671.

3. “Testing for cointegration: Power versus frequency of observation –Further Monte Carlo results” (with Jeremy Smith), Economics Letters,Vol. 67, No. 1, April 2000, 5 – 9.

4. “Coffee, economic fluctuations and stabilisation: An intertemporal dis-equilibrium model with capital market imperfections”, Journal of De-velopment Economics, Vol. 62, No. 1, June 2000, 105 – 129.

5. “Coffee export booms and monetary disequilibrium: Some evidence forColombia”, Applied Economics, Vol. 33, No. 2, February 2001, 267 –276.

6. “Incumbent and entrant response to regulated competition: Signallingwith accounting costs and market prices” (with Catherine WaddamsPrice), Journal of Economics and Business, special issue on the themeDeregulation: Theory and Practice, S. Shaffer (invited editor), Vol. 53,No. 2-3, March-June 2001, 209 – 223.

7. “Price discrimination, regulation and entry in the UK residential elec-tricity market” (with Catherine Waddams Price), Bulletin of EconomicResearch, Vol.53, No.3, July 2001, 161 – 175.

⋆ Included in the Top 20 most cited articles for this journal in thelast three years (January-December 2007).

8. “Modelling the behaviour of the spot prices of various types of coffee”(with Costas Milas), Economic Modelling, Vol. 18, No. 4, December2001, 625 – 641.

9. “The timing of tariff structure changes in regulated industries: Ev-idence from England and Wales” (with Monica Giulietti), StructuralChange and Economic Dynamics, Vol. 13, No. 1, March 2002, 71 – 99.

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10. “Smooth transition vector error correction models for the spot pricesof coffee” (with Costas Milas), Applied Economics Letters, Vol. 9, No.14, November 2002, 925 – 928.

11. “On the dynamics of lending and deposit interest rates in emergingmarkets: A non-linear approach” (with Ana Marıa Iregui and CostasMilas), Studies in Nonlinear Dynamics and Econometrics, Vol. 6, No.3, 2002, Article 4.

12. “Modelling official and parallel exchange rates in Colombia under alter-native regimes: A non-linear approach” (with Costas Milas), EconomicModelling, Vol. 20, No. 1, January 2003, 165 – 179.

13. “On the dynamics of unemployment in a developing economy: Colom-bia” (with Ana Marıa Iregui), Applied Economics Letters, Vol. 10, No.14, November 2003, 895 – 898.

14. “Forecasting the spot prices of various coffee types using linear andnon-linear error correction models” (with Costas Milas and TheodorePanagiotidis), International Journal of Finance and Economics, Vol.9, No. 3, July 2004, 277 – 288.

15. “Testing for seasonal unit roots in heterogeneous panels” (with JeremySmith and Monica Giulietti), Economics Letters, Vol. 86, No. 2, Febru-ary 2005, 229 – 235.

16. “The KPSS test with outliers” (with Jeremy Smith), ComputationalEconomics, Vol. 26, No. 3-4, November 2005, 241– 249.

17. “Inflation before and after central bank independence: The case ofColombia” (with Manuel Ramırez), Journal of Development Economics,Vol. 79, No. 1, February 2006, 168 – 182.

⋆ Included in ScienceDirect’s Top 25 most downloaded articles forthis journal (January–March 2006).

18. “Testing for stock market integration in a developing economy: Colom-bia” (with Luis Gutierrez), Applied Financial Economics Letters, Vol.3, No. 4, July 2007, 231– 236.

19. “Testing for seasonal unit roots in heterogeneous panels in the presenceof cross section dependence” (with Monica Giulietti and Jeremy Smith).Economics Letters, Vol. 97, No. 2, November 2007, 179 – 184.

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20. “Testing for unit roots in three-dimensional heterogeneous panels inthe presence of cross-sectional dependence” (with Monica Giulietti andJeremy Smith). Economics Letters, Vol. 101, No. 3, December 2008,188 – 192.

21. “Testing for stationarity in heterogeneous panel data in the presence ofcross section dependence” (with Monica Giulietti and Jeremy Smith).Journal of Statistical Computation and Simulation, Vol. 79, No. 2,February 2009, 195 – 203.

⋆ Included in One of top cited articles within this journal accordingto the 2010 Journal of Impact Factors by Thomson Reuters .

22. “Modelling the monetary policy reaction function of the ColombianCentral Bank” (with Manuel Ramırez). Macroeconomics and Financein Emerging Market Economies, Vol. 2, No. 1, March 2009, 3 – 11.

23. “An estimation of the pattern of diffusion of mobile phones: The caseof Colombia” (with Luis Fernando Gamboa). TelecommunicationsPolicy, Vol. 33, No. 10-11, November-December 2009, 611 – 620.

24. “Are EU budget deficits stationary?” (with Mark Holmes and TheodorePanagiotidis). Empirical Economics, Vol. 38, No. 3, June 2010, 767 –778.

25. “Pricing behaviour under competition in the UK electricity supply in-dustry” (with Monica Giulietti and Michael Waterson). Oxford Eco-nomic Papers, Vol. 62, No. 3, July 2010, 478 – 503.

26. “On the stationarity of current account deficits in the European Union”(with Mark Holmes and Theodore Panagiotidis). Review of Interna-tional Economics, Vol. 18, No. 4, September 2010, 730 – 740.

27. “Testing the law of one price in food markets: Evidence for Colombiausing disaggregated data” (with Ana Marıa Iregui). Empirical Eco-nomics, Vol. 40, No. 2, April 2011, 269 – 284.

28. “The term structure of interest rates, the expectations hypothesis andinternational financial integration: Evidence from Asian economies”(with Mark Holmes and Theodore Panagiotidis). International Reviewof Economics and Finance, Vol. 20, No. 4, October 2011, 679 – 689.

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29. “Investigating regional house price convergence in the United States:Evidence from a pair-wise approach” (with Mark Holmes and TheodorePanagiotidis). Economic Modelling, Vol. 28, No. 6, November 2011,2369 – 2376.

30. “Real interest rate parity: A note on Asian countries using stationarytests” (with Mark Holmes and Theodore Panagiotidis). Journal ofAsian Economics, Vol. 22, No. 6, December 2011, 550 – 557.

31. “Response surface models for the Leybourne unit root tests and lagorder dependence” (with Jeremy Smith), Computational Statistics, Vol.27, No. 3, September 2012, 473 – 486.

32. “PPP in OECD countries: An analysis of real exchange rate station-arity, cross-sectional dependency and structural breaks” (with MarkHolmes and Theodore Panagiotidis). Open Economies Review, Vol.23, No. 5, November 2012, 767 – 783.

33. “Response surface estimates of the cross-sectionally augmented IPStests for panel unit roots” (with Jeremy Smith). Computational Eco-nomics, Vol. 41, No. 1, January 2013, 1 – 9.

34. “Testing the law of one price in retail banking: An analysis for Colom-bia using a pair-wise approach” (with Ana Marıa Iregui). EconomicsLetters, Vol. 118, No. 1, January 2013, 29 – 32.

35. “On the dynamics of gasoline market integration in the United States:Evidence from a pair-wise approach” (with Mark Holmes and TheodorePanagiotidis). Energy Economics, Vol. 36, March 2013, 503 – 510.

36. “The long-run behaviour of the terms of trade between primary com-modities and manufactures: A panel data approach” (with Ana MarıaIregui). Portuguese Economic Journal, Vol. 12, No. 1, April 2013, 35– 56.

37. “A spatio-temporal analysis of agricultural prices: An application toColombian data” (with Ana Marıa Iregui). Agribusiness: An Interna-tional Journal, Vol. 29, No. 4, Autumn 2013, 497 – 508.

38. “Modelling the behaviour of unemployment rates in the US over timeand across space” (with Mark Holmes and Theodore Panagiotidis).Physica A: Statistical Mechanics and Its Applications, Vol. 392, No.22, November 2013, 5711 – 5722.

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39. “Re-examining the Feldstein-Horioka and Sachs’ views of capital mobil-ity: A heterogeneous panel setup” (with Mark Holmes). InternationalReview of Economics and Finance, Vol. 33, September 2014, 1 – 11.

40. “A note on the extent of US regional income convergence” (with MarkHolmes and Theodore Panagiotidis). Macroeconomic Dynamics, Vol.18, October 2014, 1635 – 1655.

41. “Crude oil differentials, product heterogeneity and institutional ar-rangements” (with Monica Giulietti and Ana Marıa Iregui). EnergyEconomics, Vol. 46 (Supplement 1), December 2014, S28 – S32.

42. “A pair-wise analysis of the law of one price: evidence from the crudeoil market” (with Monica Giulietti and Ana Marıa Iregui). EconomicsLetters, Vol. 129, April 2015, 39-41.

43. “Interest rate pass through and aymmetries in retail deposit and lend-ing rates: An analysis using data from Colombian banks” (with MarkHolmes and Ana Marıa Iregui). Economic Modelling, Vol. 49, Septem-ber 2015, 270-277.

44. “The expectations hypothesis and decoupling of short and long-termUS interest rates: A pairwise approach” (with Mark Holmes and TheodorePanagiotidis). North American Journal of Economics and Finance,Vol. 34, November 2015, 301-313.

45. “A pairwise-based approach to examine the Feldstein-Horioka condi-tion of international capital mobility” (with Mark Holmes). EmpiricalEconomics, Vol. 50, March 2016, 279-297.

46. “On financial liberalization and long-run risk sharing” (with MarkHolmes). International Economics, Vol. 148, December 2016, 31-40.

47. “A pair-wise analysis of intra-city price convergence within the Parishousing market” (with Mark Holmes and Theodore Panagiotidis). Jour-nal of Real Estate Finance and Economics, Vol. 54, January 2017, 1-16.

48. “Integration in gasoline and ethanol markets in Brazil over time andspace under the flex-fuel technology” (with Hector M. Nunez). TheEnergy Journal, Vol. 38, January 2017, 1-26.

49. “Investigating diesel market integration in France: Evidence from mi-cro data” (with Jeisson Cardenas and Luis H. Gutierrez). Energy Eco-nomics, Vol. 63, March 2017, 314-321.

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50. “Response surface models for OLS and GLS detrending-based unit roottests in nonlinear ESTAR models” (with Jeremy Smith). The StataJournal, Vol. 17, 3rd Quarter 2017, 704-722.

51. “Response surface models for the Elliott, Rothenberg and Stock unitroot test” (con Christopher F. Baum). The Stata Journal, Vol. 17, 4thQuarter 2017, 985-1002.

⋆ Included in Top (purchased) Stata Journal articles from Novem-ber 2018 .

52. “Testing for spatial market integration: Evidence for Colombia using apair-wise approach” (with Ana Marıa Iregui). Agricultural Economics,Vol. 48, November 2017, 743-753.

53. “Unit root tests based on forward and reverse Dickey-Fuller regres-sions” (with Christopher F. Baum). The Stata Journal, Vol. 18, 1stQuarter 2018, 22-28.

⋆ Included in Top (purchased) Stata Journal articles from Novem-ber 2018 .

54. “Explaining coffee price differentials in terms of chemical markers: Ev-idence from a pairwise approach” (with Ricardo Arguello, Juan DanielOviedo and Manuel Ramırez). Economic Modelling, Vol. 72, June2018, 190-201.

55. “Climbing the property ladder: An analysis of market integration inLondon property prices” (with Mark Holmes and Theodore Panagio-tidis). Urban Studies, Vol. 55, September 2018, 2660-2681.

56. “Property heterogeneity and convergence club formation among localhouse prices” (with Mark Holmes and Theodore Panagiotidis). Journalof Housing Economics, Vol. 43, March 2019, 1-13.

57. “Re-examining the movements of crude oil spot and futures prices overtime” (with Mark Holmes). Energy Economics, forthcoming.

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Refereed articles in Colombian journals

1. “Una nota sobre la estructura tarifaria en la E.A.A.B: Distribucionde la carga tarifaria y generacion de recursos 1984 – 1988”, RevistaDesarrollo y Sociedad, No.26, Septiembre 1990, 117 – 154.

2. “Los determinantes de la tasa de cambio real en Colombia”, CoyunturaEconomica, Vol.27, No.4, Diciembre 1997, 169 – 180.

3. “Statistical inference for testing Gini coefficients: An application forColombia” (with Luis Fernando Gamboa and Andres Garcıa). EnsayosSobre Polıtica Economica, Vol. 28, No. 62, Junio 2011, 229 – 241.

Book review

1. Review of “Trade Shocks and Developing Countries. Volume 2: Asiaand Latin America” (Clarendon Press, Oxford, 1999), edited by PaulCollier, Jan Willem Gunning and Associates. Journal of DevelopmentEconomics, Vol.73, No.1, February 2004, 479 – 484.

Working papers

1. “The effects of seasonal adjustment linear filters on cointegrating equa-tions: A Monte Carlo investigation” (with Jeremy Smith), WarwickEconomics Research Papers 456, 1996.

2. “Identification and estimation of a labour market model for the trade-ables sector: The Greek case” (with Costas Milas), Warwick EconomicsResearch Papers 528, 1999.

3. “Seasonal adjustment and cointegration” (with Jeremy Smith), Bor-radores de Investigacion # 32, Facultad de Economıa, Universidad delRosario, 2002.

4. “Supply competition and price behaviour in the UK electricity supplyindustry” (with Monica Giulietti and Michael Waterson), Centre forManagement under Regulation, Warwick Business School, DiscussionPapers Series, 2004.

5. “Testing for seasonal unit roots in heterogeneous panels using monthlydata in the presence of cross sectional dependence” (with Monica Giuli-etti and Jeremy Smith). Warwick Economics Research Papers 865,2008.

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Conferences

XV Latin American Meeting of the Econometric Society. Santiago,Chile. August 12 – 15, 1997.

XVI Latin American Meeting of the Econometric Society. Lima, Peru.August 11 – 14, 1998.

XVII Latin American Meeting of the Econometric Society. Cancun,Mexico. August 2 – 6, 1999.

II Workshop on Economic Dynamics. Center for Nonlinear Dynam-ics in Economics and Finance (CeNDEF), University of Amsterdam.Amsterdam, Holland. January 4 – 6, 2001 (poster session).

XVIII Latin American Meeting of the Econometric Society. BuenosAires, Argentina. July 26 – 28, 2001.

VI Meeting of the Latin American and Caribbean Economic Associa-tion. Montevideo, Uruguay. October 18 – 20, 2001.

The Future of Perennial Crops: Investment and Sustainability in theHumid Tropics. International Conference organised by the Bureau Na-tional d’Etudes Techniques et de Developpement (BNETD), the Cen-tre de Cooperation Internationale en Recherche Agronomique pour leDeveloppement (CIRAD), the Economic and Social Institute - FreeUniversity of Amsterdam, and the European Commission. Yamous-soukro, Ivory Coast. November 5 – 9, 2001 (invited speaker in specialsession).

XIX Latin American Meeting of the Econometric Society. Sao Paulo,Brazil. July 24 – 27, 2002.

LVII European Meeting of the Econometric Society. Venice, Italy. Au-gust 25 – 28, 2002.

XX Latin American Meeting of the Econometric Society. Panama City,Panama. August 28 – 30, 2003.

XXI Latin American Meeting of the Econometric Society. Santiago,Chile. July 28 – 30, 2004.

IX Meeting of the Latin American and Caribbean Economic Associa-tion. San Jose, Costa Rica. November 4 – 6, 2004.

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XIII International Conference on Panel Data. Faculty of Economicsand Robinson College. University of Cambridge. Cambridge, UK. July7 – 9, 2006.

The Royal Economic Society Annual Conference 2007. Department ofEconomics. University of Warwick. Coventry, UK. April 11 – 13, 2007.

Oxford Business and Economics Conference 2008. St. Hugh’s College.University of Oxford. Oxford, UK. June 22 – 24, 2008.

XXIV Latin American Meeting of the Econometric Society. Rio deJaneiro, Brazil. November 20 – 23, 2008.

Oxford Business and Economics Conference 2009. St. Hugh’s College.University of Oxford. Oxford, UK. June 24 – 26, 2009.

XV International Conference on Panel Data. University of Bonn, Haus-dorff Center of Mathematics, IZA (Institute for the Study of Labor).Bonn, Germany. July 3 – 5, 2009.

Money, Macroeconomics and Finance Research Group 2009. School ofManagement. University of Bradford. Bradford, UK. September 7 – 9,2009.

Birmingham Econometrics and Macroeconomics Conference 2010. Uni-versity of Birmingham. Birmingham, UK. May 4 – 5, 2010.

XVI International Conference on Panel Data. Amsterdam School ofEconomics. University of Amsterdam. Amsterdam, Holland. July 2 –4, 2010.

LXXI International Atlantic Economic Conference. Athens, Greece.March 16 – 19, 2011.

XVIII International Conference on Panel Data. Banque de France.Paris, France. July 5 – 6, 2012.

LXVI European Meeting of the Econometric Society. Malaga, Spain.August 27 – 31, 2012.

Money, Macroeconomics and Finance Research Group 2012. TrinityCollege Dublin, Ireland. September 6 – 8, 2012.

XXVII Latin American Meeting of the Econometric Society. Lima,Peru. November 1 – 3, 2012.

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The Royal Economic Society Annual Conference 2013. Department ofEconomics. Royal Holloway University of London. Egham, UK. April3 – 5, 2013.

Agricultural Economics Society Annual Conference 2013. University ofWarwick. Coventry, UK. April 8 – 10, 2013.

XX International Conference on Panel Data. Hitotsubashi University.Tokyo, Japan. July 9 – 10, 2014.

VII FIW Research Conference on International Economics. ViennaUniversity of Economics and Business. Vienna, Austria. December 12– 13, 2014.

II Annual Conference of the International Association for Applied Econo-metrics. University of Macedonia. Thessaloniki, Greece. June 25 – 27,2015.

X Energy and Finance Conference. Cass Business School. City Uni-versity London. London, United Kingdom. September 9 – 11, 2015.

2017 London Stata Users Group Meeting. Cass Business School. CityUniversity London. London, United Kingdom. September 7 – 8, 2017.

The Royal Economic Society Annual Conference 2018. Department ofEconomics. University of Sussex. Brighton, United Kingdom. March26 – 28, 2018.

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Seminars

University of Warwick, Department of Economics. Coventry, UK: 1995,1997.

University of Warwick, Warwick Business School, Centre for Manage-ment under Regulation. Coventry, UK: 1999.

Central Bank of Colombia, Economic Research Department. Bogota,Colombia: 2000, 2001.

Central Bank of Colombia, Board of Directors. Bogota, Colombia:2001.

National Planning Department, Directorate of Economics Studies. Bo-gota, Colombia: 2003.

University of Loughborough, Department of Economics. Loughbor-ough, UK: 2003, 2006.

Instituto Colombiano de Ahorro y Vivienda (ICAV). Bogota, Colombia:2004.

Colombian Academy of Economics. Bogota, Colombia: 2005.

University of Keele, Department of Economics. Staffordshire, UK:2006.

University of Aston, Aston Business School. Birmingham, UK: 2007.

Universidad del Rosario. Department of Economics. Bogota, Colom-bia: 2007.

Universidad de los Andes. Department of Economics. Bogota, Colom-bia: 2008, 2014.

Universidad Javeriana, Department of Economics. Bogota, Colombia:2004, 2009.

Universidad ICESI, Department of Economics. Cali, Colombia: 2009,2010, 2012.

Fundacion para la Educacion Superior y el Desarrollo (FEDESAR-ROLLO). Bogota, Colombia: 2010.

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United Nations University, World Institute for Development EconomicsResearch. Helsinki, Finland: 2011, 2013.

Universidad Nacional de Colombia, Department of Economics. Bogota,Colombia: 2012.

Universidad del Valle, Department of Economics. Cali, Colombia:2012.

Universidad Tecnologica de Bolıvar, Department of Economics. Carta-gena, Colombia: 2012.

Universidad Autonoma de Bucaramanga, Faculty of Economics andAccounting. Bucaramanga, Colombia: 2012.

Universidad Industrial de Santander, School of Economics and BusinessAdministration. Bucaramanga, Colombia: 2012.

Universidad EAFIT, School of Economics and Finance. Medellın, Colom-bia: 2012.

University of Birmingham, Department of Economics. Birmingham,UK: 2013.

University of East Anglia, Centre for Competition Policy. Norwich,UK: 2014.

University of Warwick, Warwick Business School, Economic Modellingand Forecasting Group. Coventry, UK: 2014.

Austrian Institute of Economic Research. Vienna, Austria: 2017.

Centro de Investigacion y Docencia Economicas (CIDE) Aguascalientes,Mexico: 2017.

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Research grants

Research Grant from the Banco de la Republica (Central Bank ofColombia). February to August 2001. Title of Research: “On the de-terminants of the inflation rate in Colombia: A disequilibrium marketapproach” (with Manuel Ramırez).

⋆ A shorter (and revised) version of this project was published as“Inflation before and after central bank independence: The caseof Colombia” (with Manuel Ramırez), Journal of DevelopmentEconomics, Vol.79, No.1, February 2006, 168 – 182.

Research Grant from the Instituto Colombiano de Ahorro y Vivienda(ICAV). May to July 2004. Title of Research: “On the determinantsof mortgage loans in Colombia” (with Manuel Ramırez).

Research Grant from the Fundacion para la Promocion de la Inves-tigacion y la Tecnologıa del Banco de la Republica. September 2006to March 2007: “Contraste de raıces unitarias estacionales en panelesheterogeneos usando datos mensuales”.

Research Grant from the Fondo de Investigaciones de la Universidaddel Rosario (FIUR). June to November 2010. “Comportamiento delos salarios del sector publico en Colombia: Un analisis de convergen-cia”(with Andres Garcıa and Luis Fernando Gamboa).

Research Grant from the Fondo de Investigaciones de la Universidaddel Rosario (FIUR). February 2013 to February 2014. “Estimacionde modelos de superficie de respuesta de la prueba de raız unitaria deKapetanios, Shin y Snell (2003)”.

Research Grant from the Fondo de Investigaciones de la Universidaddel Rosario (FIUR). May to November 2014. “Integracion de mer-cados y ley del precio unico: Un analisis para el mercado mundial depetroleo”. Duracion: Proyecto de investigacion financiado por la Fondode Investigaciones de la Universidad del Rosario 2013–2014.

⋆ A shorter (and revised) version of this project was published as“Crude oil differentials, product heterogeneity and institutionalarrangements” (with Monica Giulietti and Ana Marıa Iregui). En-ergy Economics, Vol. 46 (Supplement 1), December 2014, S28 –S32.

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Languages

Spanish (native).

English (fluent).

Societies

Econometric Society.

Latin American and Caribbean Economic Association.

Supervisor of M.Sc. Dissertations

Gerson Javier Perez Valbuena. Universidad del Rosario (2004). Title:“A multivariate non-linear model to evaluate the asymmetric effects ofmonetary policy in Colombia”, in Spanish.

Julian Fernando Ramırez Alvarez. Universidad del Rosario (2005).Title “Inflationary uncertainty: An analysis of the Colombian case”,in Spanish.

Marisol Cuellar Mejıa. Universidad del Rosario (2005). Title “Pricetransmission in the Andean market for palm oil”, in Spanish. Ap-

proved with Distinction.

Nataly Obando. Universidad del Rosario (2013). Title “PPP, UIP andFisher parity: speculation or rational expectations? Evidence for fourLatin American countries”.

External Examiner of M.Sc. Dissertations

Mario Gildardo Galindo Castillo. Universidad de los Andes (2011).Title: “Non-linearities in the business cycle: An application of a TARmodel to Colombia”, in Spanish.

Marıa Cristina Torrado Barriga. Magıster en Economıa. Universidadde los Andes (2014). Title: “The persistence of price shocks. An anal-ysis for Colombia, Ecuador and Peru”, in Spanish.

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