SANTIAGO
TRUFFA

Profesor Asistente, ESE Business School

 

Área de Interés

Finanzas, Estrategia y Economía Aplicada

¿Quién es?

I am an assistant professor at ESE Business School, where I also serve as Academic Director of the Real Estate Modeling Lab (https://remlab.cl). I earned my Ph.D. in Business Administration from the Haas Business School, UC Berkeley. Prior to joining ESE, I spent two years in the faculty of the Finance Department at Tulane University.

My research agenda is centered around understanding how information, regulation, and social interactions shape decision-making in complex economic environments. I work across three interrelated domains: household finance, corporate finance, and urban economics, with a consistent focus on how space—both physical and social—structures economic behavior.

ESTUDIOS

  • 2017 UC Berkeley
    Phd Business Administration (Business and Public Policy)/ Berkeley, USA.
  • 2013 UC Berkeley
    Msc. in Business Administration / Berkeley, USA.
  • 2009 Universidad de Chile
    Msc. Applied Economics / Santiago, Chile
    B.A. Industrial Engineering / Santiago, Chile

Publicaciones Destacadas

 

“Removing the Fine Print: Standardized Products, Disclosure, and Consumer Outcomes” with S Kulkarni and G Iberti,  Journal of Financial Economics 
“Agglomeration, knowledge spillovers, and corporate investment ” with W Grieser, I Spyridopoulos and G Maturana, Journal of Corporate Finance 2022

publicaciones

 

Publications

  • 1.“Director Networks and Misconduct” with M Braun  and E Valdivieso,  Global Finance Journal 2025

    2.“Removing the Fine Print: Standardized Products, Disclosure, and Consumer Outcomes” with S Kulkarni and G Iberti,  Journal of Financial Economics 

    3.“Do political Parties Matter for Municipal Finances? Evidence from Property Reassessments and Estate Taxes” with F Aldunate  and C Diaz, PLOS ONE 2025

    4.“On the Geography of Inequality: Labor Sorting and Place-Based Policies in General Equilibrium” with A Montecinos Spatial Economic Analysis 2023

    5.“Agglomeration, knowledge spillovers, and corporate investment ” with W Grieser, I Spyridopoulos and G Maturana,Journal of Corporate Finance 2022

    6. “The importance of Large Shocks to Return Predictability” with J Diaz, H Galindo, A Montecinos and D Duarte, Pacific-Basin Finance Journal 2021

Working Papers

  • 1. “The Ripple Effect: ESG Decisions in Director Networks” with MBraun, V Corral and C Raddatz (under revision)

    2. “Shocked into Action: ESG Diffusion Through Director Networks” with M Braun, V Corral and C Raddatz (under revision)

    4.“Estimating the Information Component in Switching Costs: A Structural Approach” with S Kulkarni  and G Iberti (under revision)

    2.“Spillovers in the Owens Valley: Water Rights and Fairness with Spatial Externalities” with J Espin-Sanchez and N Ryan

    5.“Labor Market Effects of Deleting Delinquencies” with J Nickerson  and G Maturana (under revision)

    6.“Search and Negotiation with Biased Beliefs in Consumer Credit Markets”. ” with S Higgins, S Kulkarni and E Berwart

    7. “Scalable Property Valuation Models via Graph-based Deep Learning” with E Riveros, C Vairetti, S Maldonado and C Wegmann (under revision)

    8. “Immigration and Housing Markets: Exogenous Shocks and Regional Resilience in Emerging Economies” with F Aldunate, S Garate and  B Quiroga

Selected Work in Progress

  • 1.“Public Bank Lending During a Financial Crisis” with F Aldunate and  G Iberti
  • 2. “The Economic Consequences of Social Unrest” with G Maturana, R Ganduri and C Wegmann
  • 3. “Talent Allocation and the Urban Wage Premium: Evidence from Cognitive Skill Mismatch” with Yoonha Kim
  • 4.“Gender Discrimination in Consumer Credit Markets” with F Aldunate and  G Iberti
  • 5. “The effect of property taxes on house prices: Evidence from border discontinuities in Chile” with M Canepa, J Cortes, C Vairetti, S Maldonado and C Wegmann