Eduardo Engel is Professor of Economics at the University of Chile and President of the Chilean independent think tank, Espacio Público. Engel holds a Ph.D. in Economics from the Massachusetts Institute of Technology (MIT), a Ph.D. in Statistics from Stanford University, and an engineering degree from the University of Chile. He was a full Professor of Economics at Yale University between 2001 and 2012, and during that time was voted Teacher of the Year on four occasions. Engel has published widely in the areas of macroeconomics, public finance, and regulation, and was awarded the Econometric Society’s 2002 Frisch Medal. He has been a consultant with the World Bank, the International Monetary Fund, the United Nations, the Inter-American Development Bank, and various ministries and government agencies in Latin America. His current research interests include dynamic macroeconomic models, private participation in infrastructure, and wage distribution dynamics. He authors a bi-weekly op-ed for the Sunday edition of La Tercera.