23/10/2025
Winners of the 2025 CEMLA Central Bank Award
CEMLA’s Board of Governors decided to grant:
🥇 First Place: “The Nonlinear Effects of Interbank Market Frictions on Monetary Policy Transmission Mechanism”
—Willian Bejarano
🥈 Second Place: “The Effect of Hurricane Otis on Card Payments in Mexico”
—Miriam Juárez-Torres, Cynthia Urgel Ponce de León, and Daira García Maldonado
🥉 Third Place: “Private Credit Bureaus and Positive Information Sharing: Are there benefits for borrowers?”
—Raquel de Freitas Oliveira, José Renato Haas Ornelas, and Ricardo Schechtman
🔗Link for further information: https://www.cemla.org/centralbankaward.html