Carolina Osorio Buitron

Last Updated: September 18, 2019

Carolina Osorio Buitron

Carolina Osorio-Buitron is an Economist in the IMF's Research Department. She holds a PhD and Masters in Economics from the University of Oxford. Her research interests include open economy macroeconomics, financial economics and labor economics. Before joining the IMF, Carolina worked as an Economist in the Central Bank of Colombia.

Fluent In: Spanish.

Education:

Ph.D. in Economics - University of Oxford, UK (2013). Dissertation “Towards a New Theory of Financial Intermediation” (Professors David Vines and Thomas Noe).

M.Phil. Economics - University of Oxford, UK (2009).

MSc. Economics – Universidad De los Andes, Colombia (2005).

B.A. Economics – Universidad De los Andes, Colombia (2002).


Previous Experience:

Central Bank of Colombia – Economist (2004- 2007); Monetary and Reserves Affairs.


Referee Activities:

Oxford Economic Papers


Current Position:

Economist, Research Department


IMF Career:

Research Department (RES): Economist, Open Economy Division (2017- present)

Research Department (RES): Economist, Multilateral Surveillance Division (2014-17)

European Department (EUR): Economist, Other Advanced Economies Unit (2012-14)

Asia and Pacific Department (APD): Summer Intern, Regional Studies Division (2010)

IMF Books and Working Papers:

Dominant Currencies and External Adjustment , Staff Discussion Note No. 20/05 , July 20, 2020

Global Value Chains and External Adjustment: Do Exchange Rates Still Matter? , Working Paper No. 19/300 , December 27, 2019

US vs. Euro Area: Who Drives Cross-Border Bank Lending to EMs? , Working Paper No. 19/199 , September 20, 2019

The Level REER model in the External Balance Assessment (EBA) Methodology , Working Paper No. 19/192 , September 13, 2019

The External Balance Assessment Methodology: 2018 Update , Working Paper No. 19/65 , March 19, 2019

Policy Mix and the US Trade Balance , Working Paper No. 17/204 , September 19, 2017

Tipping the Scale? The Workings of Monetary Policy through Trade , Working Paper No. 17/142 , June 28, 2017

Big Players Out of Synch : Spillovers Implications of US and Euro Area Shocks , Working Paper No. 15/215 , September 30, 2015

Spillover Implications of Differences in Monetary Conditions in the United States and the Euro Area , Policy Discussion Paper No. 15/1 , July 23, 2015

Inequality and Labor Market Institutions , Staff Discussion Note No. 15/14 , July 17, 2015

Inflation Dynamics in Asia : Causes, Changes, and Spillovers From China , Working Paper No. 11/257 , November 01, 2011

A Quantitative Assessment of Financial Conditions in Asia , Working Paper No. 11/170 , July 01, 2011

F&D articles

"Power from the People", March 2015, Vol. 52, No. 1

Selected Issue

"The Housing Market in Israel".

Carolina Osorio Buitron

Carolina Osorio-Buitron is an Economist in the IMF's Research Department. She holds a PhD and Masters in Economics from the University of Oxford. Her research interests include open economy macroeconomics, financial economics and labor economics. Before joining the IMF, Carolina worked as an Economist in the Central Bank of Colombia.

Fluent In: Spanish.

Education:

Ph.D. in Economics - University of Oxford, UK (2013). Dissertation “Towards a New Theory of Financial Intermediation” (Professors David Vines and Thomas Noe).

M.Phil. Economics - University of Oxford, UK (2009).

MSc. Economics – Universidad De los Andes, Colombia (2005).

B.A. Economics – Universidad De los Andes, Colombia (2002).


Previous Experience:

Central Bank of Colombia – Economist (2004- 2007); Monetary and Reserves Affairs.


Referee Activities:

Oxford Economic Papers


Current Position:

Economist, Research Department


IMF Career:

Research Department (RES): Economist, Open Economy Division (2017- present)

Research Department (RES): Economist, Multilateral Surveillance Division (2014-17)

European Department (EUR): Economist, Other Advanced Economies Unit (2012-14)

Asia and Pacific Department (APD): Summer Intern, Regional Studies Division (2010)

IMF Books and Working Papers:

Dominant Currencies and External Adjustment , Staff Discussion Note No. 20/05 , July 20, 2020

Global Value Chains and External Adjustment: Do Exchange Rates Still Matter? , Working Paper No. 19/300 , December 27, 2019

US vs. Euro Area: Who Drives Cross-Border Bank Lending to EMs? , Working Paper No. 19/199 , September 20, 2019

The Level REER model in the External Balance Assessment (EBA) Methodology , Working Paper No. 19/192 , September 13, 2019

The External Balance Assessment Methodology: 2018 Update , Working Paper No. 19/65 , March 19, 2019

Policy Mix and the US Trade Balance , Working Paper No. 17/204 , September 19, 2017

Tipping the Scale? The Workings of Monetary Policy through Trade , Working Paper No. 17/142 , June 28, 2017

Big Players Out of Synch : Spillovers Implications of US and Euro Area Shocks , Working Paper No. 15/215 , September 30, 2015

Spillover Implications of Differences in Monetary Conditions in the United States and the Euro Area , Policy Discussion Paper No. 15/1 , July 23, 2015

Inequality and Labor Market Institutions , Staff Discussion Note No. 15/14 , July 17, 2015

Inflation Dynamics in Asia : Causes, Changes, and Spillovers From China , Working Paper No. 11/257 , November 01, 2011

A Quantitative Assessment of Financial Conditions in Asia , Working Paper No. 11/170 , July 01, 2011

F&D articles

"Power from the People", March 2015, Vol. 52, No. 1

Selected Issue

"The Housing Market in Israel".

Publications in Journals (Refereed)

"Tipping the scale? The workings of monetary policy through trade" (with G. Adler), 2020. Rev Int Econ. 00:1–16

“Inequality: traditional drivers and the role of union power” (with F. Jaumotte), 2019. Oxford Econ. Papers.

“Policy mix and the US trade balance” (with G. Adler), 2018. International Finance.

“Inflation Dynamics in Asia: Causes, Changes and Spillovers from China” (with F. Unsal), 2013. Journal of Asian Economies, 24, pp 26-40.

“A Proposal on Macro-prudential Regulation”, 2011. Revista Ensayos sobre Politica Economica, No. 64

Publications in Books and Conference Volumes

“The Optimal Monetary Policy Instrument, Inflation vs. Asset Price Targeting, and Financial Stability”, (with C. Goodhart and D. Tsomocos), in Twenty Years of Inflation Targeting: Lessons Learned and Future Prospects. Eds D. Cobham, Ø. Eitrheim and S. Gerlach, Cambridge University Press, 2010.