Working papers

• "Monetary Policy in Small Open Economies and the International Zero Lower Bound". January 2026. [replication material]

• "Beyond Costs: The Dominant Role of Strategic Complementarities in Pricing," with Elías Albagli, Francesco Grigoli, Emiliano Luttini, and Dagoberto Quevedo. August 2025.

• "Input Price Dispersion Across Buyers: New Evidence and Implications for Aggregate Productivity" with Ariel Burstein and Javier Cravino. June 2025. [slides]

• "Freight costs and Substitution Among Import Regions: Implications for Domestic Prices" with Gustavo González and Emiliano Luttini. April 2025.

Publications

• From Dominant to Producer Currency Pricing: Dynamics of Chilean Exports

with José De Gregorio, Pablo García and Emiliano Luttini.

Journal of International Economics, 2024. Vol. 149. 103934. 

[replication material] [working paper]

• Population Aging and Structural Transformation

with Javier Cravino and Andrei Levchenko 

American Economic Journal: Macroeconomics, 2022. Vol. 14(4). 479-498.

[replication material] [working paper]

• From Ambiguity and Long-Run Cooperation in Strategic Games

with Damián Vergara.

Oxford Economic Papers, 2021. Vol. 73(3). 1077-1098.

[replication material]

Work in progress (upon request)

• "Credit Supply and Firm Pricing: Evidnce from Match Bank-Firm Product Data," with Sofía Bauducco, Ramiro de Elejalde, Alonso Villacorta, Lucciano Villacorta

• "Switching in the Currency of Invoicing" 

• "Invoices rather than Surveys: using ML to nominal and real indices," with Pablo Acevedo, Emiliano Luttini, Matías Pizarro and Dagoberto Quevedo

Policy work (in Spanish)

• Notas de Discusión N°10: "Efectos de sanciones comerciales y aranceles" (Diciembre 2025)

• Notas de Discusión N°9: "Evolución del poder de mercado: Evidencia y potenciales implicancias" (Junio 2025)

• "Rigideces Nominal y Normalización de la Inflación" (Junio 2023)

• "Evolución de los Márgenes de Empresas Chilenas en el Ciclo Económico" (Marzo 2023)

• "Dinámicas Recientes del Mercado Laboral y Economías Desarrolladas y Chile" (Diciembre 2022)

• "Estudio de la Dinámica de Márgenes con Microdatos" (Junio 2022)