Published Papers

• “The Illiquidity of Water Markets: Efficient Institutions for Water Allocation in Southeastern Spain” with Javier Donna, The Review of Economic Studies, forthcoming

• This paper was awarded the Best Paper in Regulatory Economics at IIOC (2016).

  Read our short essays in VOX EU, Global Water Forum and EuropeNow.

• “Entry Games under Private Information” with Álvaro Parra and Yuzhou Wang The Rand Journal of Economics, 2023, Vol. 54, No. 3, 512-540. Online Appendix
• “La ‘Doña’ è Mobile: the Role of Women in Social Mobility in a Pre-modern Economy,” with Salvador Gil-Guirado and Chris Vickers, The Journal of Economic History, 2022, Vol. 82, No. 1, pp 1-41 (Lead article).
• “Praying for rain, resilience, and social stability in Murcia (Southeast Spain)” with Salvador Gil-Guirado, Ecology and Society, 2022, Vol. 27, No. 2, #9.
• “Water Theft as Social Insurance: Southeastern Spain, 1851-1948,” with Javier Donna, The Economic History Review, 2021, Vol. 74, No. 3, pp 721-753.

Read our blog post at the Economic History Review

• “Labor Income Inequality in Pre-Industrial Mediterranean Spain: the city of Murcia in the 18th Century” with Salvador Gil-Guirado, W. Daniel Giraldo-Paez and Chris Vickers, Explorations in Economic History, 2019, Vol. 73.
• “Complements and Substitutes in Sequential Auctions: The Case of Water Auctions” (Appendix), with Javier Donna, The RAND Journal of Economics, 2018, Vol. 49, No 1, pp 87-127.

This article was awarded the Best Paper Award at EARIE (2012) and JEI (2012).

• “Institutional Inertia: Persistent Inefficient Institutions in Spain,” The Journal of Economic History, 2017, Vol. 77, No 3, pp 692-723.

This paper was awarded the 10th Prize in Agrarian History at SEHA (2016).

Read our short essays in Global Water Forum and NEG.

• “The Long-Term Effect of Health Insurance on Near-Elderly Health and Mortality,” with Bernard Black, Eric French, Kate Litvak, 2017, American Journal of Health Economics, Vol. 3, No. 3, pp 281-311.
• “Can we learn from the past? Four hundred years of changes in adaptation to floods and droughts. Measuring the vulnerability in two Hispanic cities,” with Salvador Gil-Guirado and María Del Rosario Prieto, Climatic Change, 2016, Vol. 139, pp 183-200.
• “Dissertation Summary of ‘The Illiquidity of Water Markets,’” Journal of Economic History, 2016, Vol. 76, No. 2, pp 616-618.

Working Papers

• “From the Convent to Hollywood: The Legacy of Spanish and American Rule in the Philippines” with Leticia Arroyo Abad and Noel Maurer, CEPR DP19535
• “Experimental Persuasion” with Ian Ball, Cowles Foundation Research paper 2298
• “Praying for Rain” with Salvador Gil-Guirado and Nicholas Ryan, NBER wp 31411
• “Women and the Econometrics of Family Trees” with Joseph Ferrie and Chris Vickers, NBER wp 31598
• “War of Attrition with Externalities” with Jorge Catepillan
• “Order Statistics from Independent Non-Identical Exponentiated and Proportional Hazard Rate Random Variables” with Tianhao Wu
• “Spillovers and Fairness: The Owens Valley Controversy as a Game of Spatial Externalities” with Nicholas Ryan and Santiago Truffa

Work in Progress

“Gambling for America: The First Wave of Migration to the Americas, 1492-1540” with Leticia Arroyo Abad, Yannay Spitzer and Ariel Zimran

“Efficient Mechanisms with Liquidity Constrained Agents”

“Sympathy for the Devil” with Salvador Gil-Guirado

Reviews and Other Research
Book Review for “Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II, by Mauricio Drelichman and Hans-Joachim Voth,” Business History Review, 2015, Vol. 89, No. 3, pp 588-590.
Book Review for “The Commons in History: Culture, Conflict and Ecology, by Derek Wall,” Journal of Economic History, 2015, Vol. 75, No. 1, pp 270-272.
“The Institutional Revelation: A Comment on Douglas W. Allen’s The Institutional Revolution”(with Joel Mokyr), The Review of Austrian Economics, 2013, Vol. 26, No. 4, pp 375-381.
“The ‘Bird in the Hand’ is not a fallacy: A Model of Dividends based on Hidden Savings,” Master’s Thesis CEMFI No.0808