Research

Working Papers

1.
Market Forces and Employer Racial Preferences: Evidence from Wartime Shortages(with Ellora Derenoncourt)
MinE Best Paper Award finalist, European Economic Association
Presented at NBER Summer Institute, European Economic Association, Race and Stratification Working Group (Spring 2025), Economic History Seminar (UC Berkeley), University of Michigan Labor Seminar, ASSA 2026 Annual Meeting
Media: Work Rise Network
Abstract
2.
The Long-Term Effects of Teachers' Gender Stereotypes on Labor Outcomes
Presented at Boston University, Bocconi University, Brookings Institution, CESifo, Chicago Harris School of Public Policy, Harvard Kennedy School, London School of Economics, MIT BREAD, Nova School of Business and Economics, Ohio State University, Stanford PacDev
Media: TV Perú (national public broadcaster), El Peruano, CEGA Blog, VoxDev
Abstract
3.
Racial Preferences in Recruiting under Fair Employment Laws
Abstract
4.
Central Bank Mandates, Evolution and Determinants: Lessons from Large Language Models(with Nergiz Dincer and Barry Eichengreen)
Abstract
5.
Labor Market Concentration and Financial Frictions: Distributional Effects on Workers(with Bryan Gutierrez)
Abstract

Publications

1.
Central Bank Independence: Views from History and Machine Learning(with Barry Eichengreen and Nergiz Dincer)
Annual Review of Economics, 2024
Media: VoxEU, Berkeley Economics Newsroom, Bloomberg
2.
Does Education Increase Risk Aversion in Households? Some Evidence Using Artefactual Experiments in Peru(with Alberto Chong)
Latin American Economic Review, 2021
3.
The School-to-Work Transition: Analysis of Labor Supply and Demand for Youth without University Education in Urban Areas(with Gustavo Yamada and Pablo Lavado)
Economia, 2014
4.
An Unfulfilled Promise? The Quality of University Education and Professional Underemployment, with Lavado, P., Yamada, G.
In Chang, R. (ed.), Peruvian Economy: Miracle or Fiction?, 425-439. Critica (2024)
5.
Persistent Effects of Professional Underemployment, 2004-2014: Evolution of Underemployment among University and Technical Institutes Graduates, with Lavado, P., Yamada, G.
In Yamada, G. & Lavado, P. (Eds.), Higher education and employment in Peru: A persistent gap, 157-195. Universidad del Pacífico (2017)
6.
Higher Education Quality and Unequal Returns in Peru, with Lavado, P., Yamada, G
In Céspedes, N., Lavado, P. & Roldán, N. (Eds.), Productivity in Peru: measurement, determinants and implications, 221-249. Universidad del Pacífico Press (2016)

Selected Work in Progress

1.
Labor Market Tightness and Intergenerational Mobility
2.
Equity and Efficiency in Merit-Based Scholarship Design(with Hadar Avivi)
3.
Building Better Negotiators? Experimental Evidence from Entrepreneurship Training in Uganda(with Paul Gertler, Laura Chioda, and Dana Carney)