## ARI AISEN

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**Canonical URL:** [ARI AISEN](https://www.imf.org/-/media/files/cv/pdfs/ari-aisen.pdf)

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### Profile
- Over 15 years of experience as a Development Economist with extensive experience in Latin America, Asia and the Middle East working in international organizations and the public sector.
- Research and publication record in refereed journals on topics including Political Economy, Macroeconomics and International Finance and Trade.
- Contact:
  - 107A Rudaki Avenue, Dushanbe - Tajikistan
  - Home: (992 44) 6003234
  - Cell: (992) 98 8882501
  - Email: aaisen@imf.org

### Education
- University of California, Los Angeles
  - Ph.D., Economics, 2003
  - M.A., Economics, 1999
- Hebrew University of Jerusalem
  - M.A., Economics, 1998
- University of Sao Paulo, Brazil
  - B.A., Economics, 1992

### Work experience
- 2010-Present: International Monetary Fund, Resident representative in Tajikistan
- 2009-2010: Central Bank of Chile, Head of International Surveillance Team, Financial Stability Division
- 2009-2010: Universidad Alberto Hurtado - Georgetown University, Primary Lecturer on International Economics in the Master of Applied Economics
- 2008-2010: Pontifícia Universidad Católica de Chile, Primary Lecturer, Department of Economics
- 2007-2009: Central Bank of Chile, Senior Economist, Department of Short-Term Forecasting
- 2005-2007: International Monetary Fund, Economist, Asia-Pacific Department
- 2004-2005: International Monetary Fund, Economist, Monetary and Financial Systems Department
- 2003-2004: International Monetary Fund, Economist, Western Hemisphere Department
- 2002-2003: University of California - Los Angeles, Primary Lecturer, Extension Courses
- 2001-2001: Inter-American Development Bank, Research Fellow, Research Department
- 2000-2000: IBMEC – Sao Paulo, Brazil, Visiting Professor, International Economics
- 1999-2002: University of California - Los Angeles, Teaching Assistant in Macroeconomics
- 1996-1998: Hebrew University of Jerusalem, Teaching Assistant in Monetary Economics
- 1996-1998: University of Manchester, Israeli Branch, Teaching Assistant in International Macroeconomics
- 1995-1995: Wong Metals Co., Independent Consultant, Brazil
- 1993-1993: Wong Metals Co., Independent Consultant, Indonesia
- 1992-1993: Banco do Brasil, Economist, Foreign Exchange Department

### Completed research and publications
- “Política Fiscal en EEUU y Europa: Efectos Macroeconómicos de Mediano Plazo”, Revista de Análisis Económico – Economic Analysis Review, North America, 26, December 2011 (with David Moreno)
- “Bank credit during the 2008 financial crisis: A cross-country comparison”, VOXEU, May 2010 (with Michael Franken)
- “Crisis en la Zona Euro: Fundamentos tras el Reciente Aumento de Spreads Soberano”, Revista de Economia Chilena, Vol.13 No.1, Abril 2010 (with Ingrid Jones)
- “Global imbalances: Are emerging Markets the new guest at the party?” VOXEU, February 2010 (with Dalibor Eterovic)
- “Modelo de Corto Plazo Para Proyectar el Empleo de la Construcción”, Revista de Economia Chilena, Vol.12 No.2, August 2009 (with Ingrid Jones)
- “The Political Economy of Seigniorage”, Journal of Development Economics Vol.87 No.1 August 2008 (with Francisco J. Veiga)
- “Political Instability and Inflation Volatility”, Public Choice 135(3-4) June 2008 (with Francisco J. Veiga)
- “Growth Determinants in Low-Income and Emerging Asia: A Comparative Analysis”, Asia-Pacific Development Journal, Vol.14 No.2, December 2007
- “Money-Based versus Exchange-Rate-Based Stabilization: Is There Room for Political Opportunism?”, IMF Staff Papers vol.54, No.2, Sept.2007
- “Political Instability and Growth in Nepal”, The Economic Journal of Nepal, Vol. 30 No. 2 (April-June 2007), Issue No.118, pp. 117-122
- “Policy Options and Challenges for Developing Asia—Perspectives from the IMF”, IMF policy paper for the joined conference IMF-JBIC, April 2007
- “Nepal Peace Accord Promises New Start”, IMF Survey, Jan.2007 (with Edimon Ginting)
- “Does Political Instability Lead to Higher Inflation? A Panel Data Analysis”, Journal of Money, Credit and Banking, vol.38, No.5, Aug.2006 – Translated to Serbian: Da li politička nestabilnost vodi ka višoj ipromenljivijoj inflaciji? Analiza panel podatakaπανoeconomicus (Panoeconomicus) 1/2007, 5-27 (with Francisco J. Veiga)
- “Policy choices to stabilize inflation: Is there space for political opportunism?”, IMF Survey Vol.33, Number 16, Aug.2004.
- “Interest Rate Policy, Exchange-Rate, Sterilization and Inflation: Israel 1991—1996”, mimeo Hebrew University of Jerusalem, Aug. 1998.

### Working papers
- “Credit Contraction and International Trade: Evidence from Chilean Exporters” (with Roberto Alvarez, Andres Sagner, and Javier Turen)
- “How Does Political Instability Affect Economic Growth?”, IMF Working Paper No. 11/12, January 2011 (with Francisco J. Veiga)
- “Bank Credit During the 2008 Financial Crisis: A Cross Country Comparison”, IMF Working Paper No. 10/47, February 2010 (with Michael Franken)
- “Budget Deficits and Interest Rates: A Fresh Perspective”, IMF Working Paper No. 08/42, December 2008 (with D. Hauner)

### Academic service and refereeing
- Referee for: Journal of Development Economics, Journal of International Money and Finance, Journal of Latin American Economics, Economica, Revista de Economia Chilena, Revista Brasileira de Economia

### Additional information
- Languages: Portuguese (Native), English, Spanish and Hebrew (Fluent), Russian (Intermediate), French (Basic), Italian (Basic)
- Personal websites:
  - http://www.imf.org/external/country/tjk/rr/index.htm
  - http://www.imf.org/external/np/cv/CV.aspx?AuthID=125
- Nationality: Brazilian, Israeli

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_Source: https://www.imf.org/-/media/files/cv/pdfs/ari-aisen.pdf_