Michael Pedersen

Michael Pedersen

Ph.D. in Economics
Profesor Asistente
ESCUELA DE NEGOCIOS
DINAMARCA
Viña
Linkedin: Saber +

Michael Pedersen

Ph.D. in Economics

Michael Pedersen es académico de la Escuela de Negocios de la Universidad Adolfo Ibáñez, dedicado a la macroeconomía aplicada, las finanzas públicas y el análisis de políticas. Su trayectoria integra investigación académica, docencia y consultoría, junto con amplia experiencia en bancos centrales en Europa y Chile en áreas de análisis macroeconómico, proyecciones y estudios económicos.

Es Doctor en Economía por el Instituto Universitario Europeo y Magíster en Economía por la Universidad de Copenhague. Ha publicado investigación en revistas académicas internacionales en temas relacionados con políticas económicas, formación de expectativas, economía internacional y macroeconomía aplicada. Ha impartido cursos de microeconomía, macroeconomía, econometría y economía global en programas de pregrado y posgrado, y ha desarrollado actividades docentes en diversas instituciones de educación superior en Chile y Dinamarca.
Además de su labor académica, ha realizado consultorías y asistencia técnica para organismos públicos y organizaciones internacionales, contribuyendo al análisis y diseño de políticas macroeconómicas, marcos fiscales y herramientas de evaluación económica. También ha servido como miembro del Consejo de la Comisión Chilena del Cobre y como integrante del Comité Consultivo de Expertos para el PIB No Minero Tendencial en Chile.


Michael Pedersen is a faculty member at the Business School of Universidad Adolfo Ibáñez, specializing in applied macroeconomics, public finance, and policy analysis. His professional background combines academic research, teaching, and consultancy work, along with extensive experience in central banks in Europe and Chile in areas related to macroeconomic analysis, forecasting, and economic studies.
He holds a Ph.D. in Economics from the European University Institute and a Master’s degree in Economics from the University of Copenhagen. His research has been published in international academic journals and focuses on topics such as economic policy, expectation formation, international economics, and applied macroeconomic analysis. He has taught courses in microeconomics, macroeconomics, econometrics, and global economics at undergraduate and graduate levels, and has held teaching appointments at various higher-education institutions in Chile and Denmark.
In addition to his academic work, he has carried out consultancy and technical assistance projects for public-sector institutions and international organizations, contributing to the analysis and design of macroeconomic policies, fiscal frameworks, and economic evaluation tools. He has also served as a member of the Board of the Chilean Copper Commission and as a member of the Expert Consultative Committee for Chile’s Non-Mining Trend GDP.

Economic impact of natural disaster shocks in Latin America and the Caribbean</>

Pedersen, M. & Villarreal, F., mar. 2026, In: Finance Research Letters, 91.

Consumer inflation expectations and local price changes</>

Łyziak, T., Pedersen, M. & Stanisławska, E., dic. 2025, In: Journal of Macroeconomics, 86.

Financial literacy and the impact of central bank communication on consumer inflation expectations</>

Pedersen, M. & Pérez, K., oct. 2025, In: Borsa Istanbul Review, 25, p. 53-58.

Consumers’ gasoline price expectations</>

Pedersen, M., 2025, In: Central Bank Review.

The effect of monetary policy on inflation expectations</>

Pedersen, M., ago. 2024, In: Economic Modelling, 137.

Judgment in macroeconomic output growth predictions</>

Pedersen, M., 2024, In: International Journal of Forecasting, 41, 2, p. 475-486.

The changing nature of the real exchange rate</>

Caputo, R. & Pedersen, M., ago. 2020, In: Economic Modelling, 90, p. 445-464.

The impact of commodity price shocks in a copper-rich economy</>

Pedersen, M., oct. 2019, In: Empirical Economics, 57, 4, p. 1291-1318.

A system for forecasting chilean cash demand–the role of forecast combinations</>

Camila Figueroa, S. & Pedersen, M., ago. 2019, In: Economia Chilena, 22, 2, p. 40-68.

Anomalies in macroeconomic prediction errors–evidence from Chilean private forecasters</>

Pedersen, M., jul. 2019, In: International Journal of Forecasting, 35, 3, p. 1100-1107.

Extracting information on economic activity from business and consumer surveys in an emerging economy (Chile)</>

Camila Figueroa, S. & Pedersen, M., 2019, In: Economia Chilena, 22, 3, p. 98-131.

Credit risk and monetary pass-through—Evidence from Chile</>

Pedersen, M., jun. 2018, In: Journal of Financial Stability, 36, p. 144-158.

Revisiting the price puzzle in Chile</>

Pedersen, M., abr. 2017, In: Economia Chilena, 20, 1, p. 72-79.

Propagation of inflationary shocks in Chile</>

Pedersen, M., dic. 2016, In: Economia Chilena, 19, 3, p. 4-25.

The Elusive Predictive Ability of Global Inflation</>

Medel, C., Pedersen, M. & Pincheira, P., jun. 2016, In: International Finance, 19, 2, p. 120-146.

What affects the predictions of private forecasters? The role of central bank forecasts in Chile</>

Pedersen, M., oct. 2015, In: International Journal of Forecasting, 31, 4, p. 1043-1055.

Propagation of shocks to food and energy prices</>

Pedersen, M., ago. 2015, In: Finance a Uver - Czech Journal of Economics and Finance, 65, 4, p. 272-289.

Effects of oil-price shocks on the economies of Chile and its trading partners</>

Pedersen, M. & Ricaurte B., M., 2014, In: Economia Chilena, 17, 1, p. 38-65.

Dinamica de tasas de interes de mercado en tiempos de turbulencia financiera</>

Juan Sebastián Becerra, C., Luis Ceballos, S., Felipe Córdova, F. & Pedersen, M., abr. 2010, In: Economia Chilena, 13, 1, p. 5-22.

Incertidumbre en las series desestacionalizadas de actividad y demanda en chile*</>

Medel, V. & Pedersen, M., abr. 2010, In: Economia Chilena, 13, 1, p. 63-72.

An alternative core inflation measure</>

Pedersen, M., 2009, In: German Economic Review, 10, 2, p. 139-164.