Arnulfo Rodríguez
Arnulfo Rodríguez
Principal Economist

Arnulfo Rodriguez is a Senior Economist at BBVA Research since 2012. As a professional economist, Arnulfo has analyzed various macroeconomic, financial, regional and sectoral issues related to the Mexican economy.

Between 2004 and 2011 Arnulfo worked for the Central Bank of Mexico as an Economic Researcher. He has been a Professor at the Economics Department of CIDE in Mexico City, Assistant Instructor at the Economics Department of UT Austin and External Professor at St. Edward’s University in Austin, Texas.

He has published numerous papers in prestigious international academic journals like Computational Economics, Economics Letters and the Journal of Forecasting. Arnulfo came in third and second place in the Pensions National Prize organized by CONSAR and AMAFORE in 2007 and 2008, respectively.

He earned a B.A. in Electrical Engineering from the Monterrey Institute of Technology (ITESM), where he completed his studies with the support of a fellowship and graduated with the highest honors in 1995. Arnulfo also obtained a PhD degree in economics from The University of Texas at Austin in May 2004 with the dissertation “Essays on inflation forecast based rules, robust policies and sovereign debt.”

Latest publications

Economic package reinforces signals of fiscal discipline by establishing a primary surplus target at a weak period of the business cycle.Consequently, it is positive that the federal government has proposed a primary surplus of 0.7% of GDP instead of the 1.3% that it had suggested in Pre-Criteria of economic policy for 2020
Having stood at USD 20.1 billion in 2017, the current account deficit increased to USD 22.0 billion in 2018.
Despite the reduced fiscal space, we consider it desirable to boost private consumption and, by the same token, aggregate demand by reducing the target for the 2019 primary balance to 0.5% of GDP.