Public Call for Research Projects
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The Central Bank of Chile calls on researchers from the academic community, research centers, and national and international institutions to participate in the Public Call for Research Projects – Pilot 2024.
This initiative aims to contribute to economic and financial analysis within the research agenda of the Issuing Institute and to establish a space for collaboration with the academic world. In this context, the goal is for external co-authors to develop projects in partnership with professionals from the Bank.
The application period for the Call will be from Wednesday, August 28 to Sunday, October 20, both dates inclusive, and the process will be completed by filling out the application form available on this website.
The research areas established for this Call include topics that are part of the agenda approved by the Council, related to Monetary Policy, Financial Policy, and Statistics and Data.
General Conditions
The research projects submitted to this Call will be governed by the following conditions:
- To apply for the Call, a technical proposal must be submitted in line with the research agenda and the objectives and interests of the Bank. Specifically, this means ensuring the stability of the currency and the smooth functioning of domestic and external payments, which includes the regular monitoring of the financial system's status in various macroeconomic aspects, as well as compiling and publishing, in a timely manner, the main national macroeconomic statistics, including those of a monetary and exchange nature, balance of payments, and national accounts or other global economic and social accounting systems.
- Financial Intermediation
- International Finance and Financial Innovations
- Risks and Vulnerabilities of Credit Users
- Inflationary Dynamics
- Structural Change and Trend Growth
- Risks and Vulnerabilities of Households and Businesses
- Structural Analysis of Interdependencies between Industries and Foreign Trade
- Carbon Footprint in National and Global Trade Networks
- Analysis of the Production Network Concerning Ownership Type (National and Multinational) and Trade Direction (Exporters and Non-Exporters)
- Each research area will have a Bank official participating in the project as an author and internal counterpart.
- Access to and use of the microdata available at the Bank may only be conducted by the internal counterpart. The external researcher may only access aggregated, anonymized results in accordance with internal regulations.
- During the development of the research project, the necessary information for the project may be used, subject to the restrictions and conditions imposed by internal policies and regulations, as well as the agreements signed by the Bank for the transfer of information.
If the use of information not provided by the Bank is required, the external researcher must have the necessary authorizations for its use, in addition to complying with the terms and conditions agreed upon with the institutions or companies that own the data. - Without prejudice to any subsequent disclosures, the final result must first be published as a Bank Working Paper, which must comply with the existing internal guidelines for this purpose.
The research project must be published as a Working Paper within 18 months from the start date of the project, extendable by 6 months, without prejudice to the authors continuing to work on improved versions and accessing the necessary information. - The final document associated with the research project must not mention or allow the identification, directly or indirectly, of any natural and/or legal person.
- The selected research projects will not entail any payments to the external researcher nor will they incur any associated costs. Notwithstanding the above, external co-authors may receive funding from external sources, in which case the Bank will provide the required support.
Proposals related to one of the following research areas will be particularly considered:
Schedule
| Activity | Date |
|---|---|
| I. Publication of Call Guidelines | August 28 |
| II. Application Period | August 28 to October 20 |
| III. Evaluation of Applications | October 21 to December 16 |
| IV. Announcement of Call Results | December 17 |
| V. Signing of Documentation for Project Initiation | December 18 to 20 |
Participation guidelines
Public Call Results
The Central Bank of Chile announces the results of its Public Call for Research Projects – Pilot 2024. This initiative aims to promote economic and financial analysis within the research agenda of the Bank and create a space for collaboration with the academic field.
Between Wednesday, August 28 and Sunday, October 20, 2024, the academic community, study centers, and institutions both national and international were invited to submit research proposals aligned with the interests of the Bank.
As a result of this call, fifteen proposals were received, of which four were selected by the evaluation team, prioritizing according to the Bank's research agenda and available resources.
Below are the accepted projects:
- "Imperfect Labor Markets: Characterization of labor transitions and wage dynamics in developing countries", from José Valenzuela Álvarez (Universidad Católica del Maule).
- "Data Sharing and Small Business Financing: Evidence from Chile's Electronic Invoicing", from Borja Larraín (Universidad Católica de Chile), Jacelly Cespedes (University of Minnesota) and Carlos Parra (Universidad Católica de Chile).
- "Stressed Relations: Global financial spillovers to local firms in Chile, the role of banking intermediation", from Pablo García (Universidad Adolfo Ibáñez) and Kevin Cowan (Universidad Adolfo Ibáñez).
- "Characterization of the distribution network of supplies for Chilean companies", from Sebastián Claro (Universidad de los Andes) and Bernardo Blum (University of Toronto).
The Central Bank of Chile appreciates the interest shown in this call and invites researchers to participate in future collaboration initiatives.