Fernando Rios-Avila

1 Dewey Ave • Troy, NY, 12180 • (404) 924-5176 •


Labor Economics, Applied Microeconomics, Applied Econometrics, Poverty and Inequality


PhD in Economics, Georgia State University, 2008-2013

Advanced Studies (M.Sc) International Economics, Kiel University - Germany, 2007-2008

Licenciatura en Economia (5 yr program, BS equivalent), Universidad Católica Boliviana, 2000-2004


Levy Economics Institute of Bard College, Research Scholar, August 2013 – Present

World Bank, Consultant, 2022-Present

Federal Reserve Bank of Atlanta, Research Assistant, August 2010 – June 2013

Georgia State University, Graduate Research Assistant, August 2008 – December 2013

Economic and Social Policy Analysis Unit (UDAPE), Consultant (UNICEF Project), July 2005 – June 2007


Levy Economics Institute, Master on Economic Policy

  • Intersecting Inequalities: Labor Market Institutions
  • Intersecting Inequalities: Decompositions Methods in Economics
  • Econometrics of Poverty, Inequality and Social Science Research
  • Applied Econometric Methods for Empirical Research & Policy Evaluation
  • Research Methods: Econometrics I


Refereed Publications

Aristizabal-Ramirez, Maria, Gustavo Canavire-Bacarreza, and Fernando Rios-Avila. 2015. “Revisiting the Effects of Innovation on Growth: A Threshold Analysis.” Applied Economics Letters 22 (18): 1474–79. https://doi.org/10.1080/13504851.2015.1039699.
Canavire-Bacarreza, Gustavo, Alberto Chong, Fernando Ríos-Avila, and Mónica Yáñez-Pagans. 2020. “Will Elders Provide for Their Grandchildren? Unconditional Cash Transfers and Educational Expenditures in Bolivia.” Review of Development Economics 24 (2): 424–47. https://doi.org/10.1111/rode.12647.
Canavire-Bacarreza, Gustavo, and Fernando Rios-Avila. 2017. “On the Determinants of Changes in Wage Inequality in Urban Bolivia.” Journal of Human Development and Capabilities 18 (4): 464–96. https://doi.org/10.1080/19452829.2017.1353350.
Hotchkiss, Julie L., Robert E. Moore, and Fernando Rios-Avila. 2012. “Assessing the Welfare Impact of Tax Reform: A Case Study of the 2001 U.s. Tax Cut.” Review of Income and Wealth 58 (2): 233–56. https://doi.org/10.1111/j.1475-4991.2012.00493.x.
———. 2014. “Assessing the Welfare Impact of Tax Reform: A Case Study of the 2001 U.S. Tax Cut.” Review of Income and Wealth 60 (2): 404–4. https://doi.org/10.1111/roiw.12113.
———. 2015. “Reevaluation of the Employment Impact of the 1996 Summer Olympic Games.” Southern Economic Journal 81 (3): 619–32. https://doi.org/10.4284/0038-4038-2013.063.
———. 2020. “Cost of Policy Choices: A Microsimulation Analysis of the Impact on Family Welfare of Unemployment and Price Changes.” Journal of Macroeconomics 63 (March): 103167. https://doi.org/10.1016/j.jmacro.2019.103167.
Hotchkiss, Julie L., Robert E. Moore, Fernando Rios-Avila, and Melissa R. Trussell. 2017. “A Tale of Two Decades: Relative Intra-Family Earning Capacity and Changes in Family Welfare over Time.” Review of Economics of the Household 15 (3): 707–37. https://doi.org/10.1007/s11150-016-9354-9.
Hotchkiss, Julie L., Melinda M. Pitts, and Fernando Rios-Avila. 2014. “A Search for Evidence of Skill Mismatch in the Aftermath of the Great Recession.” Applied Economics Letters 21 (9): 587–92. https://doi.org/10.1080/13504851.2013.870645.
Hotchkiss, Julie L., Myriam Quispe-Agnoli, and Fernando Rios-Avila. 2015. “The Wage Impact of Undocumented Workers: Evidence from Administrative Data.” Southern Economic Journal 81 (4): 874–906. https://www.jstor.org/stable/26160583.
Hotchkiss, Julie L., and Fernando Rios-Avila. 2013. “Identifying Factors Behind the Decline in the U.S. Labor Force Participation Rate.” Business and Economic Research 3 (1): 257–75. https://doi.org/10.5296/ber.v3i1.3370.
Jenkins, Stephen P., and Fernando Rios-Avila. 2020. “Modelling Errors in Survey and Administrative Data on Employment Earnings: Sensitivity to the Fraction Assumed to Have Error-Free Earnings.” Economics Letters 192 (July): 109253. https://doi.org/10.1016/j.econlet.2020.109253.
———. 2021. “Measurement Error in Earnings Data: Replication of Meijer, Rohwedder, and Wansbeek’s Mixture Model Approach to Combining Survey and Register Data.” Journal of Applied Econometrics 36 (4): 474–83. https://doi.org/10.1002/jae.2811.
———. 2023. “Reconciling Reports: Modelling Employment Earnings and Measurement Errors Using Linked Survey and Administrative Data.” Journal of the Royal Statistical Society Series A: Statistics in Society 186 (1): 110–36. https://doi.org/10.1093/jrsssa/qnac003.
Masterson, Thomas, Ajit Zacharias, Fernando Rios-Avila, and Edward N. Wolff. 2019. “The Great Recession and Racial Inequality: Evidence from Measures of Economic Well-Being.” Journal of Economic Issues 53 (4): 1048–69. https://doi.org/10.1080/00213624.2019.1664240.
Mercado, Alejandro F., Jorge Leitón, and Fernando Rios-Avila. 2004. “Segmentación En El Mercado Matrimonial.” Revista Latinoamericana de Desarrollo Económico, no. 3 (October): 49–76. http://www.scielo.org.bo/scielo.php?script=sci_abstract&pid=S2074-47062004000200003&lng=es&nrm=iso&tlng=es.
Morrar, Rabeh, and Fernando Rios-Avila. 2020. “Discrimination Against Refugees in the Palestinian Labor Market.” International Journal of Manpower 42 (6): 1002–24. https://doi.org/10.1108/IJM-08-2019-0396.
Mundra, Kusum, and Fernando Rios-Avila. 2021. “Using Repeated Cross-Sectional Data to Examine the Role of Immigrant Birth-Country Networks on Unemployment Duration: An Application of Guell and Hu (2006) Approach.” Empirical Economics 61 (1): 389–415. https://doi.org/10.1007/s00181-020-01855-x.
Rioja, Felix, Fernando Rios-Avila, and Neven Valev. 2014a. “The Persistent Effect of Banking Crises on Investment and the Role of Financial Markets.” Journal of Financial Economic Policy 6 (1): 64–77. https://doi.org/10.1108/JFEP-08-2013-0035.
———. 2014b. “Serial Banking Crises and Capital Investment.” Emerging Markets Finance and Trade 50 (6): 193–208. https://doi.org/10.1080/1540496X.2014.1013866.
———. 2017. “Productivity During Recessions with Banking Crises: Inter-Industry Evidence.” Economics Letters 152 (March): 50–53. https://doi.org/10.1016/j.econlet.2016.12.028.
Rios-Avila, Fernando. 2015. “Feasible Fitting of Linear Models with N Fixed Effects.” The Stata Journal 15 (3): 881–98. https://doi.org/10.1177/1536867X1501500318.
———. 2017. “Unions and Economic Performance in Developing Countries: Case Studies from Latin America.” Ecos de Economía 21 (44): 4–36. https://doi.org/10.17230/ecos.2017.44.1.
———. 2019. “A Semi-Parametric Approach to the OaxacaBlinder Decomposition with Continuous Group Variable and Self-Selection.” Econometrics 7 (2): 28. https://doi.org/10.3390/econometrics7020028.
———. 2020a. “Recentered Influence Functions (RIFs) in Stata: RIF Regression and RIF Decomposition.” The Stata Journal 20 (1): 51–94. https://doi.org/10.1177/1536867X20909690.
———. 2020b. “Smooth Varying-Coefficient Models in Stata.” The Stata Journal 20 (3): 647–79. https://doi.org/10.1177/1536867X20953574.
———. 2021. “Estimation of Marginal Effects for Models with Alternative Variable Transformations.” The Stata Journal 21 (1): 81–96. https://doi.org/10.1177/1536867X211000005.
Rios-Avila, Fernando, and Gustavo Canavire-Bacarreza. 2017. “The Effect of Intimate Partner Violence on Labor Market Decisions: Evidence from a Multi-Ethnic Country.” International Journal of Social Economics 44 (1): 75–92. https://doi.org/10.1108/IJSE-12-2014-0258.
———. 2018. “Standard-Error Correction in Two-Stage Optimization Models: A Quasi–Maximum Likelihood Estimation Approach.” The Stata Journal 18 (1): 206–22. https://doi.org/10.1177/1536867X1801800113.
———. 2020. “The Effect of Immigration on Labor Market Transitions of Native-Born Unemployed in the United States.” Journal of Labor Research 41 (3): 295–331. https://doi.org/10.1007/s12122-020-09304-5.
Rios-Avila, Fernando, and Barry T. Hirsch. 2014. “Unions, Wage Gaps, and Wage Dispersion: New Evidence from the Americas.” Industrial Relations: A Journal of Economy and Society 53 (1): 1–27. https://doi.org/10.1111/irel.12044.
Rios-Avila, Fernando, and Michelle Lee Maroto. 2022. “Moving Beyond Linear Regression: Implementing and Interpreting Quantile Regression Models With Fixed Effects.” Sociological Methods & Research, February, 00491241211036165. https://doi.org/10.1177/00491241211036165.
Saravia, Antonio, Gustavo Canavire-Bacarreza, and Fernando Rios-Avila. 2017. “Intellectual Property Rights, Foreign Direct Investment and Economic Freedom.” Global Economy Journal 17 (2). https://doi.org/10.1515/gej-2017-0017.
Searing, Elizabeth A. M., Fernando Rios-Avila, and Jesse D. Lecy. 2013. “The Impact of Psychological Trauma on Wages in Post-Conflict Bosnia and Herzegovina.” Social Science & Medicine 96 (November): 165–73. https://doi.org/10.1016/j.socscimed.2013.07.020.

Non-refereed publications

Zacharias, A., T. Masterson, F. Rios-Avila, K. Kim, and T. Khitarishvili. 2018. “The Measurement of Time and Consumption Poverty in Ghana and Tanzania.” Research Project Report, August. Annandale-on-Hudson, NY: Levy Economics Institute of Bard College.

Rios Avila, F. (2016) “Losing Ground: Demographic Trends in US Labor Force Participation”. Policy Note 2015-7. Levy Economics Institute of Bard College

Rios Avila, F. (2015) “A Decade of Declining Wages: From Bad to Worse”. Policy Note 2015-3. Levy Economics Institute of Bard College

Rios Avila, F.& Hotchkiss, J. L. (2014) “A Decade of Flat Wages?” Policy Note 2014-4. Levy Economics Institute of Bard College.

Yañez Pagans, P. & Rios-Avila, F. (2009). Bolivia-Derechos e Igualdad de Genero en la Niñez y Adolescencia, La Paz-Bolivia: UDAPE-UNICEF.

Czerniewicz-Kempff, N., Yañez Pagans, P., Rios-Avila, F., & Salinas Quiroga, B. (2008). Bolivia-Inversion Social en la Niñez y Adolescencia: Un Analisis del Gasto Publico Social en niveles Subnacionales, La Paz-Bolivia: UDAPE-UNICEF.

Meave Idiaquez, E., Figueroa Cardenas, M., & Rios-Avila, F. (2008). Bolivia-El Gasto de los Hogares en Educacion, La Paz-Bolivia: UDAPE-UNICEF.

Loayza, M.,Cuarite, R., Rios-Avila, F. (2006). Bolivia: Gasto Social Funcional y Gasto Social para la Niñez: 2000 – 2004, La Paz-Bolivia: UDAPE-UNICEF.


María Aristizábal-Ramírez (Undergraduate Thesis)

Ian Bowen (Master Thesis)

Alejandra Montoya (Master Thesis)

Daniella Medina (Master Thesis)

Rhett Maiorama (Master Thesis)

Esteban Rivera (Master Thesis)


Statistical software with programming experience: Stata, R, Eviews.

Languages: Spanish (Native), English (Fluent)