Portrait of Alvaro Silva

Alvaro Silva

Economist, Federal Reserve Bank of Boston

I work on international economics.

Working Papers

  1. Connected for Better or Worse? The Role of Production Networks in Financial Crises
    with Miranda-Pinto, Rojas, and Saffie.
    December 2025.
  2. US Firms Exposure to Tariffs: A Comparison of the 2018 and 2025 Episodes
    with Barbiero, Sheremirov, and Stein.
    First draft: November 2025.
  3. Pandemic-Era Inflation Drivers and Global Spillovers
    with di Giovanni, Kalemli-Ozcan, and Yildirim.
    July 2024.
  4. Startup Employment and Career Trajectories
    with Garcia-Trujillo and Gonzalez-Prieto.
    April 2023.

Publications

  1. Commodity Prices and Production Networks in Small Open Economies
    with Caraiani, Miranda-Pinto, and Olaya-Agudelo.
    Journal of Economic Dynamics and Control, 2024.
  2. Business Cycle Asymmetry and Input-Output Structure: The Role of Firm-to-Firm Networks
    with Miranda-Pinto and Young.
    Journal of Monetary Economics, 2023.
  3. Price Controls, Hyperinflation and the Inflation - Relative Price Variability Relationship
    with Cerda and Luders.
    Empirical Economics, 2020.
  4. Impact of Economic Uncertainty in a Small Open Economy: The Case of Chile
    with Cerda and Valente.
    Applied Economics, 2017.

Other Publications

  1. Quantifying the Inflationary Impact of Fiscal Stimulus under Supply Constraints
    with di Giovanni, Kalemli-Ozcan, and Yildirim.
    AEA Papers and Proceedings, 2023.
  2. Global Supply Chain Pressures, International Trade, and Inflation
    with di Giovanni, Kalemli-Ozcan, and Yildirim.
    ECB Forum on Central Banking Proceedings, 2022.
  3. Towards Measuring Economic Policy Uncertainty in Latin America: A First Little Step
    Latin American Policy Journal, 2018.
  4. School Funding in Chile
    with Urzua.
    In Ideas en Educacion II: Definiciones en Tiempos de Cambio, 2018.

Discussions

  1. An Anatomy of U.S. Establishments' Trade Linkages in Global Value Chains
    May 2025. System Committee on International Economic Analysis.
  2. Trade Costs and Inflation Dynamics
    August 2025. CEBRA Annual Conference.

Datasets

I helped construct two economic uncertainty indices for Chile prior to my Ph.D. They continue to be updated and are available here:

Disclaimer: The views expressed here are my own and do not necessarily represent the views of the Federal Reserve Bank of Boston or the Federal Reserve System.