Research

Publications

Modrego, F, Canales, A, Bahamonde, H. "Employment Effects of Covid‐19 across Chilean Regions: An application of the translog cost function". Reg Sci Policy Pract. 2020. https://doi.org/10.1111/rsp3.12337

Bahamonde, H., & Canales, A. (2022). Electoral risk and vote buying, introducing prospect theory to the experimental study of clientelism. Electoral Studies, 80, 102497. https://doi.org/10.1016/j.electstud.2022.102497

Working Papers

Industrial Organization and Mechanism Design

Regulating Vertical Markets through Delegation with Nicolas Figueroa and Hugo Silva [Submitedd]

We study a principal that must regulate a market with an upstream input supplier and a downstream final good’s producer. Since communication with the downstream firm is prohibitively costly, the principal delegates decisions to the upstream firm. For example, the upstream monopoly can be an airport dealing with an airline. Contrary to the theory of delegation inside a firm, we show that delegation contracts cannot generally achieve the same result as direct regulation of both firms. We then introduce a class of simple delegation contracts, widely used in practice, and provide lower bounds on their performance in linear-quadratic environments.

Political Economy

Vote-Selling and Vote-Buying: Does the House Always Win? Gambling Votes in the Lab with H. Bahamonde. Under review.

Government Distance and Support for Technocratic Delegation: Evidence from Finland with H. Bahamonde, I. Saikkonen and M. Trasberg.

Water Resource Economics

Can Non-Use Fees Promote Sustainable Water Management? The Chilean Case (with J. De Frutos, V. Bucarey and J. Suárez).

Water Extraction and Land-Use Choice in an Infinite Time Horizon Control Problem (with V. Bucarey, F. Ordóñez, A. Jean-Marie and M. Tidball).

Work in Progress

How Do Prices Respond to Monetary Policy Shocks Across Countries? Evidence from Harmonized Disaggregated CPI Data with J. Ledezma and J. M. Wlasiuk.

Collusion in Contestable Markets.

Book Chapters

NAVARRO SCHIAPPACASSE, María Pilar y CANALES GUTIÉRREZ, Andrea. “Instrumentos tributarios para hacer frente a los efectos del COVID19”. En ROJAS CALDERÓN, Christian, FERRADA BÓRQUEZ, Juan Carlos; MÉNDEZ ORTIZ, Pablo y (Coords.). Derecho Público y emergencia. Respuestas ante el COVID-19, Santiago: Thomson Reuters, pp. 83-109