Patricio Valenzuela is an Assistant Professor of Finance and Economics at the University of Chile’s Department of Industrial Engineering and a research fellow at the Center of Finance and the Center for Applied Economics. He is also a research fellow at the Wharton Financial Institutions Center, University of Pennsylvania.
Professor Valenzuela’s primary areas of research are corporate finance, financial economics, international finance, and development economics. He has empirically investigated the determinants of corporate credit risk and their impact on bond spreads and credit ratings, the costs and benefits of financial openness, the determinants of financial development and inclusion, the effects of natural disasters on financial markets, the effects of inequality on growth and credit, and the relationship between demographic factors and domestic savings rates.
Professor Valenzuela has published in several academic journals including the Review of Finance, IMF Economic Review, British Journal of Management, Journal of International Money and Finance, Journal of Banking and Finance, International Journal of Finance and Economics, Economic Inquiry, Economics Letters, Finance Research Letters, Journal of African Economies, and Review of Development Economics. He has also contributed chapters of several books on developing financial systems, including Oxford Handbook of Banking, Handbook of the Economics of Finance, Towards a Better Global Economy: Policy Implications for Citizens in the 21st Century, and African Successes: Modernization and Development.
Professor Valenzuela received his PhD. from the European University Institute in 2012, and his B.S. degree in economics from the University of Chile in 2001. Prior to becoming a Ph.D. in economics, he worked in Washington D.C. at the research departments at the International Monetary Fund, Inter-American Development Bank, and World Bank.
Department of Industrial Engineering, University of Chile