Searcher
Fernando Soto
Fernando Soto
Senior Economist
Spain

Fernando Soto joined BBVA Research in 2012, covering the Chilean economy for South America unit.


He previously worked as research economist in the investment bank branch of Banco de Chile -Banchile Inversiones-, covering both the Chilean and global economy. Additionally, he was research economist at the National Agriculture Society, for the design and implementation of public policies in the Chilean agricultural sector, with vast expertise in new mechanisms that warrant access to both financing and insurance markets to small and medium agriculture firms.


He has been undergraduate lecturer of Macroeconomics and Microeconomics courses at various universities in Chile both public and private.


He holds a M.Sc. in Economics and Public Policy, and a Bachelor degree of Business Administration (B.B.A.) with a mention in Economics, both from Pontificia Universidad Católica de Chile (UC).

Latest publications

As digital markets continue to expand in size and complexity, more evidence are needed to understand them. Current research has focused on industrial organization of digital platforms. Insights arise from natural incentives and distortions behind them, leading to tax and antitrust policy concerns. The role of data seems to be a cornerstone to understand modern competition.
This year's symposium at Jackson Hole focused on the changes to market structures (i.e. competition, concentration... among others) brought by new technologies. Showcasing research insights from leading academics, it centered on the evidence, causes and implications to the economy and future monetary policy.
Confidence seem to level off pointing to a steady growth in 2H18. The 1Q18 slowdown in activity added to increasing uncertainty and higher commodity prices lead us to slash GDP growth forecasts to 2% and 1.7% in 2018-19. Higher oil prices and a weaker euro increase our headline inflation forecasts to 1.7% and 1.8% for this year and next. Trade war risks have intensified.