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As of June 13th, 2019 Liliana Varela is no longer a current member of the department

Curriculum Vitae

Contact details

Telephone: +44 (0)24 761 50047

Email: L dot Varela at warwick dot ac dot uk

Room: S2.91

Advice and feedback hours: by appointment (via email).

Related links

Assistant Professor

Research Interests

  • International economics
  • Macroeconomics
  • Finance
  • Growth


Research Affiliate, Centre for Economic Policy Research (CEPR).

Research Associate, Centre for Competitive Advantage in the Global Economy (CAGE).

Journal Publications

"Reallocation, Competition and Productivity: Evidence from a Financial Liberalization Episode", The Review of Economic Studies, 2018, Vol. 85, Issue 2, 1279-1313.

"Sector Heterogeneity and Credit Market Imperfections in Emerging Markets", Journal of International Money and Finance, 2017, Vol. 70, 433-451.

Current Research

"Exchange Rate Exposure and Firm Dynamics" (with Juliana Salomao), CEPR Dicussion Papers 12654, July 2018.

"The Micro and Macro Dynamics of Capital Inflows" (with Felipe Saffie and Kei-Mu Yi), April 2019.

"Innovation and the Patterns of Trade: A Firm-Level Analysis" (with Ana Maria Santacreu), June 2018.

“Multinationals and Structural Change” (with V. Alviarez, C. Chen, N. Pandalai-Nayar, K.M. Yi and H. Zhang).

"Export Elasticities and Balance Sheet Effects: How Do Depreciations Affect Export Choices?", April 2014.