Mauricio Villamizar-Villegas has been a Board Member of the Colombian Central Bank (Banco de la República) since February 2021. Born in Cali (Colombia), he holds a Ph.D. in Economics from Georgetown University. Having joined the Central Bank in 2014 as research economist, he went on to work as Chief Officer for Economic Studies in 2018. His main research fields are Monetary Policy, Econometrics, International Finance, and Empirical Macroeconomics. His publications and working projects can be consulted at More specifically, his work has focused on (i) the problem that central banks face when having a large number of objectives i.e., indeterminacy issues and identification failures, (ii) FX market and the effects of FX intervention, while applying novel tools in this area such as regression discontinuity designs, and (iii) the effects of government spending on firm investment through the effect of cross-bank liquidity variation on corporate lending.