August 2019-Present: Research Economist at Banco de México
January 2013 M.A Economic Theory, Instituto Tecnológico Autónomo de
México (ITAM) – México
Macroeconomics, Development Economics.
2015-2016 Research Assistant for Professor Todd Schoellman (ASU)
2011-2012 Research Assistant for Professor Andrei Gomberg (ITAM)
2008-2010 Research Assistant for Professor Jose Luis de la Cruz (ITESM-CEM)
2018 Arizona State University: Best Progress towards Dissertation.
2015, 2016, 2017, 2018 Arizona State University: Performance award.
2016 Arizona State University: Best oral presentation (Comprehensive examination).
2015 Arizona State University: Best third year paper (Written examination).
2011-2012 Instituto Tecnológico Autónomo de México: Academic Merit Scholarship (México).
2009 University of California, at Berkeley – Instituto Tecnológico y de Estudios Superiores de Monterrey: Excellence Scholarship for Summer Session.
2006-2010 Instituto Tecnológico y de Estudios Superiores de Monterrey, Campus Estado de México, Rectoría Zona Centro: Excellence Scholarship (Programa de Alto Rendimiento Académico) (México).
All in the family. Firm dynamics and family management (Job Market Paper)
I use administrative data on the ownership, management, and taxes for the universe of all firms in Ecuador to study the aggregate implications of family-management. A novel finding I document is that family-managed firms grow half as quickly as externally-managed firms. This growth differential implies that family-managed firms account for only 40% of employment, despite being the 80% of firms. I construct a general equilibrium model of firm dynamics that is consistent with these facts. Entrepreneurs choose whether to utilize family members as managers or hire external managers. External managers allow firms to scale up production, but their efficiency is affected due to contractual frictions. Improving the efficiency of external managers could increase output on the order of 20%, as it leads more firms to abandon family-management and consequently enjoy rapid growth.
Attached once, attached forever: the persistent effects of concertaje in Ecuador
I collected and digitized historical tax records from the Spanish colonial regime in Ecuador to estimate the long-run effects of a forced labor institution called concertajeon today’s economic performance. This institution allowed landlords to retain indigenous workers due to unpaid debts, and forced them to work as peasants in rural estates known as haciendas. In order to identify the causal effects of concertaje, I exploit variation in its intensity caused by differences in labor requirements from the crops a region can grow. I first report that an increase in 10 percentage points in concertaje rates is associated with 5 percentage points increase in contemporary poverty, and negatively associated to average night light intensity, a proxy for economic development. I then explore several channels of persistence that might explain those results. Due to the capture of workers from early ages, I document that districts with higher concertaje rates have been historically associated with higher illiteracy rates, lower school enrollment, and populations with lower years of education. I also report that concertaje is associated with a higher fraction of people working in the agricultural sector, reflecting its role as a barrier to labor mobility, while inequality and public goods provision do not appear to be channels of persistence. I conclude that historical forced labor has persistent effects by generating barriers to the allocation of labor and affecting the formation of human capital.
A slave to the past? Labor coercion and intergenerational mobility in the long-run
I study the intergenerational effects of labor coercion on income in the long-run. I start with a novel dataset from Ecuador that includes the names of people who were listed as property in historical tax records taken from around 1800. I link these to recent individual tax records using a two-sample two-stage least squares approach, which involves matching based on uniqueness of names. I report that being a descendant of a formerly coerced worker is associated with 15 to 20% lower taxable income today.
Research in progress
Education and Public Sector Employment (with Todd Schoellman)
Estimates of Intergenerational Mobility in Ecuador through Surnames
2018: Midwest Economic Association Meeting;
2017: Midwest Macroeconomic Meeting;
2018: Midwest Economic Association Meeting;
2017: ITAM Alumni Conference;
Spanish (native), English (fluent), French (fair).