Portrait of Mario Canales

Welcome!

I am a Ph.D. Candidate in the Economics program at UCLA Anderson School of Management.

My research interests are at the intersection of macroeconomics, international trade, and network economics. My current research focuses on endogenous network formation and how it affects the propagation of shocks and welfare.

I am on the 2026–2027 job market.

Here are my CV and Job Market Paper.

Job Market Paper
Link Dynamics and Welfare in Production Networks

Firms do not buy from the same suppliers forever. Buyer–seller links are formed, sustained, and broken, and that churn reallocates production across the economy. This paper studies how the endogenous formation of production links shapes efficiency and welfare — how much of aggregate performance is determined not by what firms produce, but by whom they choose to trade with.

Using confidential administrative records from Chile, I document high creation and destruction rates of business links, with systematic selection: older relationships are larger and less likely to dissolve, and relationships that begin with larger transactions last longer. I build a general equilibrium model in which the production network emerges from firms’ optimal decisions to establish and maintain customer relationships, estimate it by simulated method of moments, and find that endogenous network formation plays a quantitatively small role for welfare. Compared with a constrained planner, the network externality is theoretically present but quantitatively small.

Research

Publications

Productivity Growth and Workers’ Job Transitions: Evidence from Census Microdata

The Economic Journal, 135(666), 405–429, 2025

Coauthors: E. Albagli, M. Tapia, C. Syverson, and J.M. Wlasiuk

Exchange Rates, Uncertainty and Price-setting: Evidence from CPI Microdata

Economic Modelling, vol. 139, 2024: 106762

Coauthor: B. Lopez-Martin

Work in Progress

Link Dynamics and Welfare in Production Networks (Job Market Paper)

Presentations: NASMES 2026, Atlanta

Firm Dynamics and Wages

Presentations: Anderson Ph.D. Student Seminar, SOLE 2023, RES 2024, MEA Chicago 2025, Heriot-Watt University 2025

Pre-Ph.D. Papers

High Growth Firms and Productivity: Microeconomic Evidence for Chile

Estudios Públicos, vol. 153: 57–93, 2019 (in Spanish)

Coauthor: A. García

The Effect of Knowledge Obstacles to Innovation in Chilean Firms

Journal of Technology Management and Innovation, vol. 12(3): 78–85, 2017 (in Spanish)

Coauthor: R. Álvarez

Misallocation or Misspecification? The Effect of Average Distortions on TFP Gains Estimations

Central Bank of Chile Working Paper No. 835, 2019

Coauthors: E. Albagli, A. Martner, M. Tapia, and J.M. Wlasiuk

Firm Productivity Dynamics and Distribution: Evidence for Chile Using Micro Data from Administrative Tax Records

Central Bank of Chile Working Paper No. 831, 2019

Coauthors: E. Albagli, C. de la Huerta, M. Tapia, and J.M. Wlasiuk

Curriculum Vitae
Contact

Phone

+1 213 442 4872

Office

UCLA Anderson School of Management
110 Westwood Plaza
Los Angeles, CA