Publications

Borrower leakage from costly screening: Evidence from SME lending in Peru, with I. Arraiz, M. Bruhn, B. Roth, C. Ruiz-Ortega. Journal of Development Economics, 153, 102719, 2021. [Working paper]

Mobilization effects of multilateral development banks, with C. Broccolini, G. Lotti, A. Maffioli, and A. Presbitero.  The World Bank Economic Review, 35 (2), 521-543, 2021. [Working Paper]

Knowledge spillovers through labor mobility: An employer-employee analysis, with V. Castillo, L. Figal-Garone, A. Maffioli, and S. Rojo. Journal of Development Studies, 56, 469-488, 2020.  [Working paper]

Do labor market regulations affect the link between innovation and employment? Evidence from Latin America, with L. Baensch, M. Lanzalot, and G. Lotti. The B.E. Journal of Economic Analysis and Policy, 19 (3), 2019. [Working Paper]

The impact of export restrictions on production: A synthetic controls approach, with E. Garcia Lembergman and M. Rossi, Economía, Journal of the Latin American and Caribbean Economic Association, 18 (2), 147-173, 2018. [Working Paper]

Psychometrics as a tool to improve credit information, with I. Arraiz and M. Bruhn, The World Bank Economic Review, 30 (Supplement 1), S67-S76, 2017. Featured in The Economist

Does dual employment protection affect TFP? Evidence from Spanish manufacturing firms, with J. J. Dolado and S. Ortigueira, SERIEs, Journal of the Spanish Economic Association, 7, 421-459, 2016. Featured in The Economist

Heterogeneous Productivity Shocks, Elasticity of Substitution and Aggregate Fluctuations, with A. Moro, Journal of Macroeconomics, 45, 45-53, 2015. [Working Paper]

Employment and Innovation: Firm level evidence from Argentina, with R. de Elejalde and D. Giuliodori, Emerging Markets Finance and Trade, 51 (1), 27-47, 2015. [Working Paper]

Partial credit guarantees and firm performance: Evidence from Colombia, with I. Arráiz and M. Melendez, Small Business Economics, 43 (3), 711-724, 2014.[Working Paper]

The effect of innovation policy on SMEs' employment and wages in Argentina, with V. Castillo, A. Maffioli, and S. Rojo, Small Business Economics, 42(2), 387-406, 2014. [Working Paper]

Does recession drive convergence in firms' productivity? Evidence from Spanish manufacturing firms, with A. Escribano, Journal of Productivity Analysis, 41 (3), 339-349, 2014. [Working Paper]

Supplier development programs and firm performance: Evidence from Chile, with I. Arráiz and F. Henríquez, Small Business Economics, 41(1), 277-293, 2013. [Working Paper]

Innovation and job creation in a dual labor market: Evidence from Spain, with D. Giuliodori, Economics of Innovation and New Technology, 21 (8), 801-813, 2012. [Working Paper]

Books

The Impact Evaluation of Cluster Development Programs: Methods and Practices (with A. Maffioli and C. Pietrobelli, Eds). Inter-American Development Bank, 2016.

Book chapters

Desarrollo financiero, inversión y productividad (with L. Sanguino, M.L Lanzalot, y G. Lotti) Cap. 6 en M. Ruiz-Arranz y M.C. Deza Creciendo con productividad: Una agenda para la region andina, Banco Interamericano de Desarrollo, Washington, DC, 2018.

Big questions about small firms (with P. Ibarraran and A. Maffioli) Ch 9 in Carmen Pages Ed. The Age of Productivity: Transforming Economies from the Bottom Up. Palgrave Macmillan Ltd, 2010. [The Spanish version of the book can be downloaded from here.]

Working Papers

Building socioemotional skills by playing: Experimental evidence from Brazil, with V. Azevedo, M. Lanzalot, R. Paes de Barros, and P. Yañez-Pagans. July 2021. 

Infrastructure investments and private sector catalyzation: The case of the Panama Canal expansion, with M. Lanzalot, A. Maffioli, and P. Yañez-Pagans. January 2019.

Work in Progress

The impact of guarantees on SMEs access to credit and employment.

The impact of reverse factoring on SMEs' growth.

Business cycle and trade finance, with C. Seri.

Promotion of water savings in Brazil through behavioural economics, with N. Chacon, C. Parilli, and C. Scartascini.

Competition and innovation.