Apr 2015
Author(s): Espino, Emilio; González Rozada, Martín
This paper explores the qualitative and quantitative implications of taxation for growth and savings in three Latin American countries: Brazil, Chile and Mexico, studying a small open economy in the…
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…
Feb 2014
Author(s): Sola, Martín; González Rozada, Martín
Using a dynamic stochastic general equilibrium model with financial frictions, this paper evaluates the effects of a rule that incorporates not only the interest rate but also the legal reserve…
Feb 2008
Author(s): Ibarrarán, Pablo; Sarzosa, Miguel; Soares, Yuri
This paper assesses the welfare impacts of local investments projects in rural areas of Guatemala. Using census track data from two rounds of the Guatemalan population census, as well as…