I am an assistant professor at Universidad Adolfo Ibáñez (UAI). I earned my Ph.D. in Business Administration from the Haas Business School, UC Berkeley. Prior to joining UAI, I was at the Finance Department at Tulane University and later at Universidad de los Andes.
Research
I study how information frictions shape consumer financial markets, corporate decisions, and the spatial organization of talent and innovation. I combine administrative data, field experiments, quasi-experimental methods, and structural models to understand these mechanisms and evaluate policies that improve market outcomes.
A. Household Finance
Credit helps households manage shocks and pursue opportunities, but complex contracts and costly borrowing can cause lasting financial distress. I study how disclosure, contract design, and consumer beliefs shape borrowing decisions, search, and negotiation—and when regulation and technology can provide actionable information at the moment of choice.
I also examine how financial participation generates information that shapes future opportunities. Credit histories can affect employment prospects, while banking relationships can influence access to credit. These projects explore how financial inclusion and information sharing affect screening and create spillovers across markets.
A1.“Removing the Fine Print: Standardized Products, Disclosure, and Consumer Outcomes” with S Kulkarni and G Iberti, Journal of Financial Economics (2026)
A2.“Search and Negotiation with Biased Beliefs in Consumer Credit Markets”. with S Higgins, S Kulkarni and E Berwart (link)
A3.“Estimating the Information Component in Switching Costs: A Structural Approach” with S Kulkarni and G Iberti (link)
A4.“Labor Market Effects of Deleting Delinquencies” with J Nickerson and G Maturana Economic Letters (2026)
A5. “Dynamic Screening and Information Acquisition: Labor Market Effects of Deleting Financial Delinquencies“ with Bernardo Quiroga
A6.“Identifying Screening Standards from Regulated Thresholds: Theory and Evidence from Consumer Credit” with F Aldunate and G Iberti
A7. “Search as Self-Discovery: Sequential Search over Screened Contracts.” with G Iberti
A8.“Who Banks the State Bank’s Borrowers? Selective Private Entry over a Public Credit Base“, with F Aldunate and G Iberti
B. Corporate Finance
Firms’ investment and governance decisions are shaped by what they learn through geographic and professional networks. I study how these connections transmit knowledge and spread corporate practices—from learning about investment opportunities among nearby firms to the diffusion of ESG practices and misconduct through directors’ past professional ties.
B1.“Director Networks and Misconduct” with M Braun and E Valdivieso, Global Finance Journal (2025)
B2.“Agglomeration, knowledge spillovers, and corporate investment” with W Grieser, I Spyridopoulos and G Maturana, Journal of Corporate Finance (2022)
B3. “Beyond the Interlock: ESG Diffusion Through Directors’ Prior Co-Service Networks“, with M Braun, C Raddatz, V Corral
B4. “The importance of Large Shocks to Return Predictability”with J Diaz, H Galindo, A Montecinos and D Duarte, Pacific-Basin Finance Journal (2021)
C. Cities and Organizations
Tacit knowledge resides in people. Where they live, work, and connect shapes how their knowledge and abilities are put to use. I study how cities and organizations shape access to opportunity and the allocation of talent through spatial sorting, skill–task matching, and organizational hierarchies.
Housing markets influence who can access places and their opportunities. I study how these markets respond to demographic change, taxation, and local institutions, and develop methods for estimating property values. Related work examines spatial externalities in land and water markets, where transactions affect neighboring owners and communities.
C1. “Cities as Opportunity Sets: Spatial Sorting and Innovation“
C2.“Spillovers and Fairness: The Owens Valley Controversy as a Game of Spatial Externalities” with J Espin-Sanchez and N Ryan (link)
C3.“On the Geography of Inequality: Labor Sorting and Place-Based Policies in General Equilibrium” with A Montecinos Spatial Economic Analysis (2023)
C4.“Do political Parties Matter for Municipal Finances? Evidence from Property Reassessments and Estate Taxes” with F Aldunate and C Diaz, PLOS ONE (2025)
C5. “The effect of property taxes on house prices” with P Gutierrez, J Cortes, C Vairetti, S Maldonado and C Wegmann
C6. “Who Arrives, and Where: Immigration and Housing Prices in Chile” with F Aldunate, S Garate and B Quiroga
C7. “Skill–Task Mismatch and the Allocation of Talent” with Yoonha Kim
C8. “Hierarchies: New Facts from Administrative HR Data” with F Aldunate, A Enrione and M Torres
C9. “Who Reports to Whom? Revealed Staffing Rules Inside Firms” with F Aldunate
C10. “Scalable Property Valuation Models via Graph-based Deep Learning” with E Riveros, C Vairetti, S Maldonado and C Wegmann (link)