Oct 2014
Author(s): Castro, Lucio; Scartascini, Carlos
There is growing evidence that individual responses to public policies are, to a large extent, mediated by the way the policies are framed, by people's cognitive and computational capabilities,…
Oct 2014
Author(s): Castro, Lucio; Scartascini, Carlos
Hay creciente evidencia de que las respuestas individuales a las políticas públicas están, en gran medida, mediatizadas por la manera en que se formulan las políticas, por las capacidades cognitivas…
Mar 2014
Author(s): Carballo, Jerónimo; Graziano, Alejandro; Schaur, Georg; Volpe Martincus, Christian
Time delays in international transactions impose trade costs. We examine transaction level Peruvian import data to show that firms are subject to significant costs of port-of-entry delays. At the…
Dec 2003
Author(s): Lora, Eduardo; Pagés, Carmen; Panizza, Ugo; Stein, Ernesto H.
The Research Department of the IDB (RES) performs innovative, comparative research on the development issues of greatest concern to the region today. It generates a wide variety of products based on…
Jul 2003
Author(s): Loboguerrero, Ana María; Panizza, Ugo
Inflation can grease the wheels of the labor market by relaxing downward wage rigidity but it can also increase uncertainty and have a negative sand effect. This paper studies the grease effect of…
Dec 1998
Author(s): Stein, Ernesto H.; Streb, Jorge M.
This paper presents a rational political budget cycle model for an open economy, in which devaluations are delayed in the pre-election period so as to increase the electoral chances of the party in…