"Investment Externalities in Models of Fire Sales" Abstract: In canonical models with financial constraints, the possibility of fire sales creates a pecuniary externality that results...
"The Rise and Persistence of Illegal Crops: Evidence from a Naive Policy Announcement" Coautoreado con Daniel Mejia (Universidad de los Andes, Colombia) y Juan F....
"Efficiency with Political Power Dynamics and Costly Policy Change" Coautoreado con Hülya Eraslan (Rice University) Abstract: We consider a dynamic model in which two parties...
"A simple way to assess inference methods" Abstract: We propose a simple way to assess the quality of asymptotic approximations required for inference methods. Our...
"Expropriation: A Mechanism Design Approach" Coautoreado con Nicolás Figueroa y Juan-Pablo Montero (PUC-Economía) Abstract: We consider a buyer that needs to purchase a fixed amount...
"Real Exchange Rate Uncertainty Matters. Trade, Shipping Lags, and Default" Abstract: I study how real exchange rate uncertainty affects international trade. At the aggregate level,...
"Information Exchange through Secret Vertical Contracts" Coautoreado con Jihwan Do Abstract: Can downstream firms exchange their private demand forecasts through secret vertical contracts? This paper...
"Recidivism and Neighborhood Institutions: Evidence from the Rise of the Pentecostal Church in Chile" Coautoreado con Jorge García-Hombrados (Universidad Autónoma de Madrid) Abstract: Using rich...
"The Aggregate-Demand Doom Loop: Precautionary Motives and the Welfare Costs of Sovereign Risk" Abstract: Sovereign debt crises coincide with deep recessions. I propose a model...
"Costly multi-unit search" Coautoreado con Rodrigo Harrison (UAI) Abstract: We solve a costly multi-unit search problem of a seller liquidating inventory. There is no organized...
Los invitamos a la Escuela Abierta virtual de Doctorados UC 2020 en las áreas de Ciencias Sociales y Humanidades, organizada por la Escuela de Graduados de la Vicerrectoría...
"Personalizing or Reminding? How to better incentivize savings amongst low-income individuals" Coautoreado con Viviane Azevedo (BID Invest), Liliana Olarte (Y-Analytics) y José Tessada (Administración-PUC) Abstract:...