Research

Working Papers

"Shareholder liability and bank failure" with Dirk Jenter, Arthur Korteweg, and Peter Koudijs. 

"Do political parties matter for property taxes?" with Cristóbal Díaz and Santiago Truffa. August 2022. Submitted

"Pension Fund Flows, Exchange Rates, and Covered Interest Rate Parity" with Zhi Da, Borja Larraín, and Clemens Sialm. April 2023. 

Publications

1.     "The limits of hegemony: U.S. banks and Chilean firms in the Cold War" 

with Felipe González and Mounu Prem

Journal of Development Economics, 166:103212, 2024

2.     "Nonparametric Identification and Estimation of Score Auctions in Multi-Attribute Procurement" 

with Bernardo Quiroga

Operations Research Letters, 49 (5): 748-751, September 2021.

3.     "Privatization and Business Groups: Evidence from the Chicago Boys in Chile" 

with Felipe González, Mounu Prem, and Francisco Urzúa 

Explorations in Economic History, 78:101355, 2020.

4.     "Deposit Insurance, Bank Risk Taking and Failures: Evidence from Early Twentieth-Century State Deposit Insurance Systems"

Review of Corporate Finance Studies, 8(2), pp. 260-301, 2019. 

Winner of the RCFS Best Paper Award, 2020.

5.     "Firm Competition and CEO Turnover: Evidence from US Railroad Deregulation", 

Financial Management, 47(2), pp. 451-476, 2018.

6.     "Consumption and Hedging in Oil-Importing Developing Countries" 

with Jaime Casassus 

European Financial Management, 18(5), pp. 896-928, 2012.