A professional headshot of Cristhian Molina

Cristhian Molina

Ph.D. Candidate in Economics
University of Illinois at Urbana-Champaign

I am an applied microeconomist and PhD candidate at the University of Illinois (graduating May 2026). My work focuses on labor economics, the economics of education, and industrial organization. I use causal inference and advanced data tools to analyze strategic behavior and market responses to regulation.

Research

Working Papers

Job Market Paper: Signaling Quality or Gaming the System? Evidence from College-Major Accreditation

with RocĂ­o Valdebenito.

[PDF]
This paper examines program-level accreditation in higher education, analyzing student responses and institutional adjustments to this quality signal. Using administrative data from Chile (2007-2018) and a difference-in-differences approach exploiting staggered adoption, we estimate the effects of this information shock. First-time accreditation increases student demand (applications +10.2\%, enrollment +7.3\%), attracts stronger students, and reduces transfers, suggesting improved match quality. These effects are consistent across socioeconomic backgrounds. Investigating the signal's construction, we find no evidence of pre-accreditation increases in long-term structural inputs but document a significant rise in on-time graduation rates concentrated immediately before evaluation and not sustained post-accreditation. Effects are amplified by institutional reputation and weaker under mandatory regimes. Our findings reveal a policy trade-off: accreditation signals can enhance student sorting, even when institutional responses focus on evaluation metrics rather than long-term, structural improvements.

School Starting Age and the College Application Margin: Evidence from Chile

[PDF]
This study examines the impact of delayed school enrollment on college application and enrollment outcomes in Chile using a quasi-experimental design based on first-grade enrollment age cutoffs. Our findings reveal that students who enroll in first grade one year later are approximately 2\% more likely to apply to and enroll in college. Additionally, a one-year delay in enrollment is associated with a higher high school GPA by 0.08 standard deviations. The local average treatment effect estimates on standardized test scores show no statistical difference in math scores and an increase of 0.05 standard deviations in verbal scores, particularly for students born after the July $1^{st}$ cutoff. These results are more pronounced among female students. These findings suggest that policy adjustments to school entry age can enhance educational outcomes and equity, with a particular emphasis on supporting younger and male students to close achievement gaps.

Work in Progress

Grading the Graders: Competition and Quality Inflation in Certification Markets

Teaching

Teaching Statement

My teaching statement is available for download.

Download Teaching Statement (PDF)

Teaching Evaluations

A summary of my teaching evaluations from the University of Illinois and Universidad de Santiago de Chile is available for download.

Download Teaching Evaluations (PDF)

Lecturer

Intermediate Microeconomics

Universidad de Santiago de Chile (Spring 2019)

Microeconomic Principles

Universidad de Santiago de Chile (Spring 2018, Fall 2018, Spring 2019)

Introduction to Economics

Universidad de Santiago de Chile (Spring 2018, Fall 2018, Spring 2019)

Teaching Assistant

Intermediate Microeconomic Theory

University of Illinois (Fall 2023, Spring 2023, Fall 2024, Spring 2025)

Microeconomic Principles

University of Illinois (Fall 2020, Spring 2021, Fall 2021)

Teaching Awards & Honors

List of Teachers Ranked as Excellent at the University of Illinois

Spring 2023, Fall 2023, Fall 2024, Spring 2025

More About Me

Outside of research and teaching, I have a variety of interests. I grew up playing soccer in Chile and continue to enjoy sports and outdoor activities. Coming from Chile, hiking is a must, and it's something that I enjoy tremendously while doing my PhD as well.

I'm also passionate about music—listening to new artists, sharing musical tastes, and going to concerts. I also play guitar as a hobby.

At home, I have a black cat named Inosuke.

A photo hiking at Torres del Paine, Chile.

Torres del Paine, Chile.