Ingeniero Comercial, Universidad de Chile
M.S. en Economía, European University
Ph.D. en Economía, European University Institute
Patricio Valenzuela is Assistant Professor of Finance and Economics at University of Chile’ 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, Journal of International Money and Finance, Journal of Banking and Finance, International Journal of Finance and Economics, Economic Letters, Finance Research Letters, and Journal of African Economies. He has also contributed chapters of several books on developing financial systems, including Towards a Better Global Economy: Policy Implications for Citizens in the 21st Century, Handbook of the Economics of Finance, and African Successes: Modernization and Development. Professor Valenzuela received his PhD. from European University Institute in 2012, and his B.S. degree in economics from University of Chile in 2001. Prior to becoming a PhD in economics, he worked in Washington D.C. at the research departments at the International Monetary Fund, Inter-American Development Bank, and World Bank.