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Publications

by members of

Banco Central de Costa Rica

Central Bank of Costa Rica

These are publications listed in RePEc written by members of the above institution who are registered with the RePEc Author Service. Thus this compiles the works all those currently affiliated with this institution, not those affilated at the time of publication. List of registered members. Register yourself. Citation analysis. This page is updated in the first days of each month.
| Working papers | Journal articles | Chapters |

Working papers

2026

  1. Melissa Vega-Monge & Claudio Mora-García, 2026, "Allocative Efficiency in the Manufacturing Sector: A Firm-Level Analysis for Costa Rica," Documentos de Trabajo, Banco Central de Costa Rica, number 2602, Mar.

2025

  1. Fabio Gómez-Rodríguez & Catalina Sandoval-Alvarado, 2025, "The pass-through effect of the nominal exchange rate to prices in Costa Rica," Documentos de Trabajo, Banco Central de Costa Rica, number 2503, Sep.
  2. Kerry Loaiza-Marín & Jose Pablo Barquero-Romero, 2025, "Monetary Policy and the Credit Channel, 2008-2019," Documentos de Trabajo, Banco Central de Costa Rica, number 2504, May.
  3. Claudio Mora-García & Andy Pearson, 2025, "Costa Rica´s Enablers and Bottlenecks in Moving Along the Medical Devices Global Value Chain," Documentos de Trabajo, Banco Central de Costa Rica, number 2404, May.
  4. Córdoba Solano, Daniela & Gomez-Trejos, Felipe & Vindas Quesada, Alberto, 2025, "Market Power, Industry Concentration and Trade Liberalization: Evidence from Costa Rica," IDB Publications (Working Papers), Inter-American Development Bank, number 14003, Feb, DOI: http://dx.doi.org/10.18235/0013429.

2024

  1. Alonso Alfaro-Ureña & Manuel Esteban Sánchez-Gómez & Catalina Sandoval-Alvarado, 2024, "An Estimate of the Real Exchange Rate for Costa Rica, BEER Approach. 2007-2022," Notas Técnicas, Banco Central de Costa Rica, number 2402, Feb.
  2. Alonso Alfaro-Urena & Paolo Zacchia, 2024, "Matching to Suppliers in the Production Network: an Empirical Framework," CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague, number wp775, Mar.
  3. Alberto Vindas-Quesada & Carlos Brenes-Soto & Adriana Sandí-Esquivel & Susan Jiménez-Montero, 2024, "Univariate inflation forecasts in Costa Rica: model evaluation and selection," Notas Técnicas, Banco Central de Costa Rica, number 2405, Oct.
  4. Brodeur, Abel & Mikola, Derek & Cook, Nikolai & Brailey, Thomas & Briggs, Ryan & de Gendre, Alexandra & Dupraz, Yannick & Fiala, Lenka & Gabani, Jacopo & Gauriot, Romain & Haddad, Joanne & Federice, A, 2024, "Mass Reproducibility and Replicability: A New Hope," I4R Discussion Paper Series, The Institute for Replication (I4R), number 107.
  5. Adriana Corrales-Quesada & Fabio Gómez-Rodríguez & Carlos Segura-Rodriguez, 2024, "Stress Testing of the Central Bank of Costa Rica: Risk Assessment of Fixed-Income Instruments," Notas Técnicas, Banco Central de Costa Rica, number 2401, Feb.
  6. Yoosoon Chang & Fabio Gómez-Rodríguez & Christian Matthes, 2024, "The Influence of Fiscal and Monetary Policies on the Shape of the Yield Curve," Working Papers, Centre for Applied Macro- and Petroleum economics (CAMP), BI Norwegian Business School, number No 02/2024, Jan.
  7. Christian Volpe-Martincus & Kerry Loaiza-Marín & Sandro Zolezzi-Hernández & Keyssi Calderón-Medina, 2024, "How does investment and trade facilitation affect foreign affiliates performance: Firm-level evidence," Documentos de Trabajo, Banco Central de Costa Rica, number 2401, Feb.

2023

  1. Alonso Alfaro-Urena & Benjamin Faber & Cecile Gaubert & Isabela Manelici & Jose P Vasquez, 2023, "Responsible sourcing? Theory and evidence from Costa Rica," CEP Discussion Papers, Centre for Economic Performance, LSE, number dp1909, Mar.
  2. Alfaro-Urena, Alonso & Castro-Vincenzi, Juanma & Fanelli, Sebastian & Morales, Eduardo, 2023, "Firm Export Dynamics in Interdependent Markets," CEPR Discussion Papers, Centre for Economic Policy Research, number 18403, Aug.
  3. Campos-Rodríguez, Santiago & Chung, John, 2023, "A Comment on "The Relative Efficiency of Skilled Labor across Countries: Measurement and Interpretation" by Rossi (2022)," I4R Discussion Paper Series, The Institute for Replication (I4R), number 59.
  4. Fabio Gómez-Rodríguez, 2023, "Functional Time Series in the Analysis of Expected Inflation Survey in Costa Rica," Documentos de Trabajo, Banco Central de Costa Rica, number 2303, May.
  5. Carlos Brenes-Soto & Fabio Gómez-Rodríguez & Manfred Esquivel-Monge, 2023, "An Endogenous Regime Switching Model for the Exchange Rate Pass-Through Effect in Costa Rica," Documentos de Trabajo, Banco Central de Costa Rica, number 2308, Aug.
  6. Fabio Gómez-Rodríguez, 2023, "Estimation of Hodrick-Prescott Filter’s Smoothing Parameter for Costa Rica," Notas Técnicas, Banco Central de Costa Rica, number 2301, Feb.
  7. Jonathan Garita-Garita & Guillermo Pastrana & Pablo Slon-Montero, 2023, "Job Displacement Effects and Labor Market Sorting During COVID-19," Documentos de Trabajo, Banco Central de Costa Rica, number 2304, May.

2022

  1. Alfaro-Ureña, Alonso & Manelici, Isabela & Vasquez Carvajal, Jose, 2022, "The effects of joining multinational supply chains: new evidence from firm-to-firm linkages," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 112758, Jan.
  2. Yoosoon Chang & Fabio Gómez-Rodríguez & Mr. Gee Hee Hong, 2022, "The Effects of Economic Shocks on Heterogeneous Inflation Expectations," IMF Working Papers, International Monetary Fund, number 2022/132, Jul.
  3. Grace Huertas-Morales & Kerry Loaiza-Marín & Laura Ortiz-Coto, 2022, "Analysis of Productive Linkages of Multinational Enterprises Attracted by CINDE in Costa Rica," Documentos de Trabajo, Banco Central de Costa Rica, number 2201, Feb.

2021

  1. Alonso Alfaro Urena & Isabela Manelici & Jose P. Vasquez, 2021, "The Effects of Multinationals on Workers: Evidence from Costa Rican Microdata," Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies., number 285, Apr.
  2. Aliaga Lordemann, Javier & Mora-García, Claudio & Mulder, Nanno, 2021, "The main drivers of arabica coffee prices in Latin America," Documentos de Proyectos, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 46729, Mar.
  3. Aliaga Lordemann, Javier & Mora-García, Claudio & Mulder, Nanno, 2021, "Speculation and price volatility in the coffee market," Documentos de Proyectos, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 46923, May.
  4. Jose Pablo Barquero-Romero & Alberto Vindas-Quesada, 2021, "Quantitative analysis of interest rate substitutes for Libor rate," Notas Técnicas, Banco Central de Costa Rica, number 2103, Apr.
  5. Alberto Vindas-Quesada & Carlos Brenes-Soto & Susan Jiménez-Montero & Kevin Barrantes Castillo & Melissa Herra-Leandro, 2021, "Core Inflation Indicators: an Update," Notas Técnicas, Banco Central de Costa Rica, number 2107, Dec.

2020

  1. Lankester Campos, Valerie & Loaiza Marín, Kerry & Monge Badilla, Carlos, 2020, "Primary Balance: Sustainability Analysis under Uncertainty," IDB Publications (Working Papers), Inter-American Development Bank, number 10780, Oct, DOI: http://dx.doi.org/10.18235/0002800.
  2. Markus Brunnermeier & Rohit Lamba & Carlos Segura-Rodriguez, 2020, "Inverse Selection," Working Papers, Princeton University. Economics Department., number 2020-50, Apr.

2019

  1. Alfaro-Urena, Alonso & Manelici, Isabela & Vasquez, Jose P, 2019, "The Effects of Multinationals on Workers: Evidence from Costa Rica," Institute for Research on Labor and Employment, Working Paper Series, Institute of Industrial Relations, UC Berkeley, number qt51r419w9, Nov.
  2. Carlos Segura-Rodriguez, 2019, "Selling Data," PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, number 19-006, Apr.

2018

  1. Claudio A. Mora-García & Tom�s Rau, 2018, "Peer Effects in the Adoption of a Youth Employment Subsidy," Documentos de Trabajo, The Latin American and Caribbean Economic Association (LACEA), number 16839, Oct.

2016

  1. Jorge Campos & Pablo Slon & Juan Rafael Vargas, 2016, "Gasto catastrófico en salud de los adultos mayores en Costa Rica," Working Papers, Universidad de Costa Rica, number 201602, May, revised May 2016.

2015

  1. Alberto Vindas-Quesada & Carlos Monge-Badilla, 2015, "Combination of Potential Output Estimates With a Bayesian Method," Documentos de Trabajo, Banco Central de Costa Rica, number 1501, Jul.
  2. Alonso Alfaro-Ureña & Alberto Vindas-Quesada, 2015, "Structural Transformation and Sectorial Productivity in Costa Rica," Documentos de Trabajo, Banco Central de Costa Rica, number 1507, Nov.

2013

  1. Leon, Jorge, 2013, "Capital Inflows in a Small Open Economy: Costa Rica," MPRA Paper, University Library of Munich, Germany, number 44512, revised 2013.
  2. Leon, Jorge & Vega, Melissa, 2013, "What is driving the Capital Inflows to Costa Rica? Risk Premium and Interest Rate Differentials," MPRA Paper, University Library of Munich, Germany, number 59215, Nov.

2012

  1. Leon, Jorge, 2012, "A Disaggregate Model and Second Round Effects for the CPI Inflation in Costa Rica," MPRA Paper, University Library of Munich, Germany, number 44484, revised 2012.
  2. Leon, Jorge, 2012, "Managing the Uncertainty in the Hodrick Prescott Filter," MPRA Paper, University Library of Munich, Germany, number 44531, revised 2012.
  3. Leon, Jorge & Rodríguez, Adolfo, 2012, "Costos de Transacciones en Costa Rica
    [Costs of transactions in Costa Rica]    ," MPRA Paper, University Library of Munich, Germany, number 45279, revised 2012.
  4. Leon, Jorge, 2012, "Hábitos de Pago en Costa Rica
    [Payment Habits in Costa Rica]    ," MPRA Paper, University Library of Munich, Germany, number 45278, revised 2012.

2011

  1. Leon, Jorge & Segura, Carlos & Vasquez, Jose Pablo, 2011, "Inflación Internacional Relevante para Costa Rica
    [Relevant International Inflation for Costa Rica]    ," MPRA Paper, University Library of Munich, Germany, number 44497, revised 2011.

2010

  1. Esquivel Monge, Manfred & Gomez Rodriguez, Jose Fabio, 2010, "Asymmetries of the Exchange Rate Pass Through to Domestic Prices: The Case of Costa Rica," MPRA Paper, University Library of Munich, Germany, number 60251, Mar, revised Jul 2010.
  2. Leon, Jorge & Monge, Carlos, 2010, "Riesgo moral asociado al uso de endeudamiento externo de corto plazo por parte del sector financiero
    [Moral Hazard associated with the use of short-term foreign borrowing by the financial intermediaries in Costa Rica]    ," MPRA Paper, University Library of Munich, Germany, number 44486, revised 2010.
  3. Leon, Jorge, 2010, "International Portfolios and the U.S. Current Account," MPRA Paper, University Library of Munich, Germany, number 45281.

2004

  1. Leon, Jorge & Saenz, Manrique, 2004, "Determinantes de la Cuenta Corriente en Costa Rica
    [Determinants of the Costarican Current Account]    ," MPRA Paper, University Library of Munich, Germany, number 44507, revised 2004.

2003

  1. Leon, Jorge & Saenz, Manrique, 2003, "Análisis de Variación de Reservas Internacionales para Costa Rica
    [An Analysis of Foreign Reserves Variations for Costa Rica]    ," MPRA Paper, University Library of Munich, Germany, number 44629, revised 2003.
  2. Leon, Jorge & Mendez, Eduardo & Prado, Eduardo, 2003, "El Tipo de Cambio Real de Costa Rica
    [Real Exchange Rate of Costa Rica]    ," MPRA Paper, University Library of Munich, Germany, number 44509, revised 2003.

2002

  1. Leon, Jorge & Laverde, Bernal & Duran, Rodolfo, 2002, "Pass Through del Tipo de Cambio en los Precios de Bienes Transables y No Transables en Costa Rica
    [Exchange Rate Pass Through into the Prices of Tradable and Non Tradable Goods in Costa Rica]    ," MPRA Paper, University Library of Munich, Germany, number 44527, revised 2002.
  2. Leon, Jorge & Muñoz, Evelyn & Madrigal, Roger, 2002, "Un Enfoque Monetario de los Efectos Sobre Precios y Tasas de Interés del Tipo de Cambio Fijo
    [A Monetary Approach about the Effects of a Fixed Exchange Rate Regime on Prices and Interest Rates]    ," MPRA Paper, University Library of Munich, Germany, number 44525, revised 2002.

2001

  1. Leon, Jorge & Morera, Ana Patricia & Ramos, Welmer, 2001, "El Pass Through del Tipo de Cambio: Un Análisis para la Economía Costarricense de 1991 al 2001
    [Exchange Rate Pass Throught: an Analysis for the Costarican Economy from 1991 to 2001]    ," MPRA Paper, University Library of Munich, Germany, number 44508, revised 2001.

Undated

  1. Kasy, Maximilian & Ramos-Chaves, Alvaro, undated, "The impact of changing family structures on the income distribution among Costa Rican women 1993-2009," Working Paper, Harvard University OpenScholar, number 32852.
  2. Carlos Segura-Rodriguez, undated, "Higher Order Information Complementarities and Polarization," PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, number 19-007.

Journal articles

2026

  1. Chang, Yoosoon & Gómez-Rodríguez, Fabio & Matthes, Christian, 2026, "The influence of fiscal and monetary policies on the shape of the yield curve," Journal of Economic Dynamics and Control, Elsevier, volume 184, issue C, DOI: 10.1016/j.jedc.2026.105276.

2025

  1. Mora-García, Claudio A. & Prem, Mounu & Rodríguez-Lesmes, Paul & Vargas, Juan F., 2025, "Health workforce reallocation in the aftermath of conflict: Evidence from Colombia," Labour Economics, Elsevier, volume 94, issue C, DOI: 10.1016/j.labeco.2025.102710.
  2. Andres I Vecino-Ortiz & Timothy Roberton & Angelica López-Hernández & Caitlin M Noonan & Angela P Vega Landaeta & Daniel Maceira & Yvonne N Flores & Claudio A Mora-García & Paulina Giusti & T Alafia S, 2025, "Bending the curve: Modeling the impact of reducing risk factors for noncommunicable diseases to control future health expenditures in Latin America and the Caribbean," PLOS Global Public Health, Public Library of Science, volume 5, issue 7, pages 1-12, July, DOI: 10.1371/journal.pgph.0004791.

2024

  1. Mora-García, Claudio A. & Pesec, Madeline & Prado, Andrea M., 2024, "The effect of primary healthcare on mortality: Evidence from Costa Rica," Journal of Health Economics, Elsevier, volume 93, issue C, DOI: 10.1016/j.jhealeco.2023.102833.
  2. Garita, Jonathan & Pastrana, Guillermo & Slon, Pablo, 2024, "Job displacement effects and labor market sorting during COVID-19," Latin American Journal of Central Banking (previously Monetaria), Elsevier, volume 5, issue 2, DOI: 10.1016/j.latcb.2023.100109.

2023

  1. Claudio A. Mora-García & Tomás Rau, 2023, "Peer Effects in the Adoption of a Youth Employment Subsidy," The Review of Economics and Statistics, MIT Press, volume 105, issue 3, pages 614-625, May, DOI: 10.1162/rest_a_01047.

2022

  1. Alonso Alfaro-Ureña & Isabela Manelici & Jose P Vasquez, 2022, "The Effects of Joining Multinational Supply Chains: New Evidence from Firm-to-Firm Linkages," The Quarterly Journal of Economics, President and Fellows of Harvard College, volume 137, issue 3, pages 1495-1552.
  2. Ashwin Kambhampati & Carlos Segura‐Rodriguez, 2022, "The optimal assortativity of teams inside the firm," RAND Journal of Economics, RAND Corporation, volume 53, issue 3, pages 484-515, September, DOI: 10.1111/1756-2171.12419.

2020

  1. Lankester-Campos, Valerie & Loaiza-Marín, Kerry & Monge-Badilla, Carlos, 2020, "Assessing public debt sustainability for Costa Rica using the fiscal reaction function," Latin American Journal of Central Banking (previously Monetaria), Elsevier, volume 1, issue 1, DOI: 10.1016/j.latcb.2020.100014.
  2. Rodríguez-Vargas, Adolfo, 2020, "Forecasting Costa Rican inflation with machine learning methods," Latin American Journal of Central Banking (previously Monetaria), Elsevier, volume 1, issue 1, DOI: 10.1016/j.latcb.2020.100012.

2019

  1. Alfaro Ureña, Alonso, 2019, "Gains from trade: The Costa Rican case," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, volume 37, issue 2, December.

2018

  1. Claudio A. Mora-García, 2018, "Can Benefits from Malaria Eradication Be Increased? Evidence from Costa Rica," Economic Development and Cultural Change, University of Chicago Press, volume 66, issue 3, pages 585-628, DOI: 10.1086/695880.

2017

  1. Ricardo Monge González & Juan Carlos Leiva & Federico Torres Carballo & Alonso Alfaro Ureña & Cristina Morales Sandoval & Ángela Solano Gómez, 2017, "Gazelle firms in Costa Rica: an exploratory study of identification and characterization," TEC Empresarial, School of Business, Costa Rica Institute of Technology (ITCR), volume 11, issue 3, pages 17-26.
  2. Muñoz-Salas, Evelyn & Rodríguez-Vargas, Adolfo, 2017, "Estimation of the neutral real interest rate for Costa Rica," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, volume 35, issue 2, December.

2016

  1. León Murillo, Jorge & Méndez-Chacón, Esteban, 2016, "A survival analysis of sudden current account correction for Costa Rica," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, volume 34, issue 2, December.
  2. Yong Chacón, Marlon & Loaiza Marín, Kerry, 2016, "Bank non-performing loans cyclical analysis and econometric modelling for economic activity in 1999-2013," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, volume 34, issue 1, December.

2014

  1. Alfaro Ureña, Alonso & Monge Badilla, Carlos, 2014, "Inflation expectations in Costa Rica," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, volume 32, issue 1, December.
  2. León Murillo, Jorge & Valerio Berrocal, Marco, 2014, "Inflation persistence on Services and Regulated Goods in Costa Rica," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, volume 32, issue 2, December.
  3. Maximilian Kasy & Alvaro Ramos-Chaves, 2014, "The Impact of Changing Family Structures on the Income Distribution among Costa Rican Women 1993-2009," Feminist Economics, Taylor & Francis Journals, volume 20, issue 2, pages 122-144, April, DOI: 10.1080/13545701.2013.862343.
  4. Rodríguez Vargas, Adolfo, 2014, "Forecasting Costa Rican Quarterly Growth with Mixed-frequency Models," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, volume 32, issue 2, December.
  5. Rodríguez Vargas, Adolfo & Vega Monge, Melissa, 2014, "Exclusion-based and Reweighting-based Indicators of Core Inflation for Costa Rica," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, volume 32, issue 1, December.
  6. Vindas Quesada, Alberto José, 2014, "Price Adjustment in Costa Rica: A First Assessment Using Micro-Data," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, volume 32, issue 2, December.

2010

  1. Carlos Mora & Gómez Adolfo Rodríguez Vargas, 2010, "Combinación de proyecciones de inflación: nuevas metodologías," Monetaria, CEMLA, volume 0, issue 1, pages 1-40, enero-mar.

2007

  1. Collado, Andrea, 2007, "Capital social y su vínculo con la pobreza en Costa Rica," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, volume 25, issue 1, December.

2006

  1. Zúñiga, Edwin & Slon, Pablo, 2006, "Dinámica de la pobreza en Costa Rica: datos de panel a partir de cortes transversales," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
  2. Zúñiga, Edwin & Slon, Pablo, 2006, "Poverty dynamics in Costa Rica with panel data from cross-sections," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.

2004

  1. Mauricio Mayorga Martínez & Evelyn Muñoz Salas, 2004, "¿Existe disciplina de mercado en el sistema bancario costarricense?," Monetaria, CEMLA, volume 0, issue 3, pages 263-289, julio-sep.

Chapters

2011

  1. Luis Rpsero-Bixby & Paola Zú-iga- Brenes & Andrea Collado, 2011, "Transfer accounts in Costs Rica's mixed economy under rapidly changing demographica conditions," Chapters, Edward Elgar Publishing, chapter 29, in: Ronald Lee & Andrew Mason, "Population Aging and the Generational Economy".

2009

  1. Adolfo Rodriguez Vargas, 2009, "Assessing the contribution of financial innovations to the production of implicit services of financial intermediation in Costa Rica," IFC Bulletins chapters, Bank for International Settlements, in: Bank for International Settlements, "Proceedings of the IFC Conference on "Measuring financial innovation and its impact", Basel, 26-27 August 2008".

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