Matı́as Vieyra

UCLA Department of Economics mativieyra@gmail.com

8283 Bunche Hall www.matiasvieyra.com
Los Angeles, CA-90095 (202) 367-6839

EDUCATION PhD in Economics 2019 (expected)

University of California, Los Angeles
MA in Economics 2012
Universidad Torcuato di Tella, Buenos Aires, Argentina
BA in Economics 2009
Universidad Torcuato di Tella, Buenos Aires, Argentina

REFERENCES Prof. Ariel Burstein Prof. Saki Bigio

arielb@econ.ucla.edu sbigio@econ.ucla.edu
(310) 206-6732 (310) 825-9397

Prof. Pablo Fajgelbaum

pfajgelbaum@gmail.com
(310) 794-7241

RESEARCH Macroeconomics, Monetary Economics, Household Heterogeneity, Numerical

INTERESTS Methods

WORKING The Expenditure Channel of Monetary Policy (Job Market Paper)

PAPERS Download latest version
Abstract: I study the redistributive effects of monetary policy generated by
differences in expenditure choices over goods. I show that necessities, which
feature low expenditure elasticities, and are therefore consumed relatively more
by low-expenditure households, have a higher frequency of price adjustments
relative to luxuries. I develop a multisector monetary model with incomplete
markets to quantify the effects of monetary shocks on consumption for house-
holds with different levels of labor income and financial wealth. The model
can replicate the allocation of expenditure over goods observed in the Con-
sumer Expenditure Survey. Following an expansionary monetary shock, I find
that households that are borrowing-constrained and have low labor income face
inflation rates higher than the aggregate, and therefore increase their consump-
tion 15% less than the increase predicted by a model that doesn’t account for
expenditure heterogeneity.

WORK IN Asset Pricing with Nonhomothetic Preferences (with Andrés Schneider)

PROGRESS
ACADEMIC Research Assistant
EXPERIENCE For John Asker (University of California, Los Angeles) Spring 2018
For Saki Bigio (University of California, Los Angeles) Winter 2018
For Walker Hanlon (University of California, Los Angeles) Summer 2015
For Sergio Schmukler (The World Bank) 2013
For Juan José Cruces (Universidad Torcuato di Tella) 2012

Teaching
Lecturer at University of California, Los Angeles Summer 2016
Macroeconomic Theory
Teaching Assistant at University of California, Los Angeles 2014-2018
Macroeconomic Theory, Econometrics, Investments
Teaching Assistant at Universidad Torcuato di Tella 2009-2011
Microeconomics, Macroeconomics, International Trade

Presentations
UCLA Proseminar in Macroeconomics (2014-2018), Federal Reserve Bank of
St. Louis (2018), Central Bank of Chile (2016).

FELLOWSHIPS UCLA Dissertation Year Fellowship 2018-2019

AND Dissertation Internship, Federal Reserve Bank of St. Louis Summer 2018
AWARDS Graduate Students Visiting Program, Central Bank of Chile Summer 2016
UCLA Graduate Student Fellowship 2013-2018

COMPUTER Python, Matlab, Stata, LATEX, GPU Computing.

SKILLS

LANGUAGES Spanish (Native), English (Proficient)

Last updated: 11/30/2018