Dr Ricardo Nogales Carvajal

Research Officer, OPHI

Ricardo Nogales C has been a Research Officer at OPHI since May 2018.

He holds a BSc and MSc in Economics and a PhD in Econometrics, all from the University of Geneva, Switzerland.

Before joining OPHI, he was a Professor of Economics at the School of Economics and Finance at the Universidad Privada Boliviana in Bolivia and a Research Assistant at the United Nations Research Institute for Social Development (UNRISD) in Switzerland. He carried out research activities in the field of development economics, poverty reduction and human development with the IDB, UNDP, ILO, World Bank, Oxfam and IDRC. He has been an external consultant for several public organisations in Bolivia, including the Program for Strategic Research, the Central Bank, the Institute for Agricultural Insurance and the Ministry of Economics and Public Finance.

  • Development Economics (Universidad Privada Boliviana - LSE, BSc in Economics International Program)
  • Econometrics II - Time Series (Universidad Privada Boliviana - LSE, BSc in Economics International Program)
  • Econometrics I - Cross Section Modelling (Universidad Privada Boliviana - LSE, BSc in Economics International Program)

Research Students supervised

Biruk Terrefe
Research Student

Journal articles and special issues

Nogales Carvajal, Ricardo (with M Olave, P Córdova) (2020) 'Bolivia: Una nueva mirada al rol de los recursos naturales en el crecimiento económico', Latin American Research Review. 55 (1) 81–98
Nogales Carvajal, Ricardo (with J Krishnakumar) (2020) 'Education, skills and a good job: a multidimensional econometric analysis', World Development 128
Nogales Carvajal, Ricardo (with P Córdova) (2019) 'On the Advantages and Feasibility of Weather Index-Based Crop Insurance Schemes in Bolivia', Emerging Markets Finance & Trade
Nogales Carvajal, Ricardo (with P Córdova, M Urquidi) (2019) 'On the relationship between labor policies and market outcomes in Bolivia: A search and matching approach', Estudios de Economía 46 (1) 61-87


Nogales Carvajal, Ricardo (with J Krishnakumar) (2018) 'Demystifying the use of simultaneous equation models for the operationalisation of the Capability Approach'. In F Comim, S Fennell, PB Anand (eds) New Directions of the Capability Approach , Cambridge: Cambridge University Press
Nogales Carvajal, Ricardo (with J Krishnakumar) (2017) 'Public policies for wellbeing with justice: A theoretical discussion based on capabilities and opportunities'. In I Muñoz, M Blondet, G Gamio (eds) Ética, Agencia y Desarrollo Humano , Lima, Perú: Universidad Católica del Perú
Nogales Carvajal, Ricardo (with J Alem, C Foronda) (2011) 'Bolivia: Frente a la Comercialización y la Competencia en las Microfinanzas, Qué rol deben tomar las políticas públicas?'. In B Balkenhol, A Valazza (eds) Microfinanzas y Políticas Públicas , Geneva, Switzerland: ILO
Research interests:

Human development, structural equation modelling, poverty, inequality