7 citations · 17 across the 10 of their papers we have counts for
10 papers
Bank Earnings, Credit Supply & the Macroeconomy: Evidence from Canada
Santiago Camara, Sanaa Latif
This paper studies whether news about banks' balance sheets propagates to aggregate financial conditions and macroeconomic activity. We construct high-frequency Canadian bank net-w…
International Spillovers of ECB Interest Rates: Monetary Policy & Information Effects
Santiago Camara
This paper shows that disregarding the information effects around the European Central Bank monetary policy decision announcements biases its international spillovers. Using data f…
Borrowing Constraints in Emerging Markets
Santiago Camara, Maximo Sangiacomo
Borrowing constraints are a key component of modern international macroeconomic models. The analysis of Emerging Markets (EM) economies generally assumes collateral borrowing const…
The Transmission of US Monetary Policy Shocks: The Role of Investment & Financial Heterogeneity
Santiago Camara, Sebastian Ramirez Venegas
This paper studies the transmission of US monetary policy shocks into Emerging Markets emphasizing the role of investment and financial heterogeneity. First, we use a panel SVAR mo…
Granular Linkages, Supplier Cost Shocks & Export Performance
Santiago Camara
This paper presents evidence on the granular nature of firms' network of foreign suppliers and studies its implications for the impact of supplier shocks on domestic firms' perform…
Does an increase in the cost of imported inputs hurt exports? Evidence from firms' network of foreign suppliers
Santiago Camara
This paper examines the relationship between changes in the cost of imported inputs and export performance using a novel dataset from Argentina which identifies domestic firms' net…
TANK meets Diaz-Alejandro: Household heterogeneity, non-homothetic preferences & policy design
Santiago Camara
This paper studies the role of households' heterogeneity in access to financial markets and the consumption of commodity goods in the transmission of foreign shocks. First, I use s…
It's not always about the money, sometimes it's about sending a message: Evidence of Informational Content in Monetary Policy Announcements
Yong Cai, Santiago Camara, Nicholas Capel
This paper introduces a transparent framework to identify the informational content of FOMC announcements. We do so by modelling the expectations of the FOMC and private sector age…
Spillovers of US Interest Rates: Monetary Policy & Information Effects
Santiago Camara
This paper quantifies the international spillovers of US monetary policy by exploiting the high-frequency movement of multiple financial assets around FOMC announcements. I use the…
US Spillovers of US Monetary Policy: Information effects & Financial Flows
Santiago Camara
This paper quantifies the international spillovers of US interest rates by explicitly controlling for the "Fed Information Effect". I use multiple identification strategies that id…