Projects per year
Personal profile
Professional Information
Patricio Valenzuela is an Associate Professor of Finance at the Universidad de los Andes, Chile. He is also a research fellow at the Wharton Financial Institutions Center, University of Pennsylvania.
Professor Valenzuela received his PhD. from the European University Institute in 2012, and his B.S. degree in economics from the University of Chile in 2001. Prior to becoming a Ph.D. in economics, he worked in Washington D.C. at the research departments at the International Monetary Fund, Inter-American Development Bank, and World Bank.
He has participated in the organization of international conferences such as the Summer School on Economic Theory and Computational Methods at Universidad de los Andes (2022) and the Economic Theory Workshop 2018. He was a member of the organizing committee of the Workshop in Economic Theory (SWET) from 2015 to 2017.
Among his professional activities, he has served as a member of expert panels for the Chilean Budget Office and SERNAC. His research interests include Simultaneous Optimization, Mathematical Economics, Market Segmentation, and Social and Sustainable Finance. He has also acted as a reviewer for various academic journals and research projects, including Financial Innovation and FONDECYT – Chile.
Research interests
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 Financial Stability, IMF Economic Review, British Journal of Management, Journal of International Money and Finance, Journal of Banking and Finance, International Journal of Finance and Economics, Journal of Business Research, International Journal of Public Health, Economic Inquiry, Economics Letters, Finance Research Letters, Journal of Aging and Health, Journal of African Economies, and Review of Development Economics. He has also contributed chapters of several books on developing financial systems, including Research Handbook of Alternative Finance, Handbook of Microfinance, Financial Inclusion and Development, Oxford Handbook of Banking, Handbook of the Economics of Finance, Towards a Better Global Economy: Policy Implications for Citizens in the 21st Century, and African Successes: Modernization and Development.
Education/Academic qualification
PhD, Economía, European University Institute
Keywords
- HG Finance
- HJ Public Finance
- HA Statistics
Habilitación para la dirección de tesis doctorales
- Habilitado
Proceso de habilitación doctoral
- HABILITACIÓN I-2022
Research Lines
- Research Lines
Fingerprint
- 1 Similar Profiles
Collaborations and top research areas from the last five years
-
FONDECYT REGULAR - 1250638: DISTANCE, INNOVATION, AND INCLUSIVE GROWTH DURING CRISES: EVIDENCE FROM SMALL BUSINESSES
Valenzuela Aros, P. A. (Principal Investigator)
Agencia Nacional de Investigation y Desarrollo
1/04/25 → 31/03/27
Project: RESEARCH
-
FONDECYT REGULAR - 1200070: FINANCIAL DECISIONS AND REGULATION DURING PERIODS OF FINANCIAL DISTRESS
Valenzuela Aros, P. A. (Principal Investigator)
Agencia Nacional de Investigación y Desarrollo
1/03/20 → 31/03/24
Project: RESEARCH
-
INSTITUTO MILENIO: IMPERFECCIONES DE MERCADO Y POLÍTICAS PÚBLICAS (MIPP)
Escobar, J. (Director), Corvalán, A. (Alternate Director), Clarke, D. (Principal Investigator), Valenzuela Aros, P. A. (Principal Investigator) & Valenzuela, M. (Principal Investigator)
1/01/15 → 1/01/25
Project: RESEARCH
-
BANKING IN AFRICA: Opportunities and Challenges in Volatile Times
Beck, T., Cull, R., Mare, D. S. & Valenzuela, P., 1 Jan 2025, The Oxford Handbook of Banking, Fourth Edition. Oxford University Press, p. 1056-1088 33 p.Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review
-
Corporate credit ratings, banking fragility, and sovereign credit risk
Valenzuela, P., Sep 2025, In: Finance Research Letters. 82, 107611.Research output: Contribution to journal › Article › peer-review
-
Informal debt and well-being among small business entrepreneurs
Borrescio-Higa, F., Droller, F., Johan, S. & Valenzuela, P., 5 Sep 2025, In: Journal of Entrepreneurship in Emerging Economies. 17, 5, p. 1240-1261 22 p.Research output: Contribution to journal › Article › peer-review
-
Economic uncertainty and credit risk: evidence from international corporate bonds
Valenzuela, P., Mella, J. & Claveria, J., Apr 2024, In: Economics Letters. 237, p. 1-4 4 p., 111666.Research output: Contribution to journal › Article › peer-review
3 Scopus citations -
Sovereign credit spreads, banking fragility, and global factors
Chari, A., Garcés, F., Martínez, J. F. & Valenzuela, P., Jun 2024, In: Journal of Financial Stability. 72, 101235.Research output: Contribution to journal › Article › peer-review
5 Scopus citations