May 2022
Author(s): Huneeus, Federico;Larrain, Borja;Larrain, Mauricio;Prem, Mounu
We use matched employer-employee data together with data on the ownership networks of Chilean firms to document a novel relationship between inequality in labor income and ownership structures.…
May 2022
Author(s): Baumann Fonay, Iván
Since the turn of the century, emerging market economies have begun to develop markets for bonds denominated in their local currencies, thus trying to avoid the “original sin” that resulted in many…
Apr 2022
Author(s): Bolzico, Javier;Prats Cabrera, Joan Oriol
Esta publicación presenta el análisis y conclusiones de un estudio sobre esquemas de garantía pública en tiempos de COVID-19 en América Latina y el Caribe (ALC). Para mitigar los efectos económicos…
Feb 2022
Author(s): Cornick, Jorge;Frieden, Jeffry;Mesquita Moreira, Mauricio;Stein, Ernesto H.
Few propositions in economics are as widely accepted as the theory of comparative advantage: If two countries have a comparative advantage in the production of different goods and services, trade can…
Oct 2021
Author(s): Berlinski, Samuel;Busso, Matías;Dinkelman, Taryn;Martínez, Claudia
We document large gaps between parents knowledge and school reports of students attendance and grades. Sending frequent text messages with information on attendance, grades and school behavior…
Oct 2021
Author(s): Berlinski, Samuel;Busso, Matías;Dinkelman, Taryn;Martínez, Claudia
Existen grandes brechas entre la información que tienen las familias y las escuelassobre la asistencia y las calificaciones de los estudiantes. El envío frecuente de mensajes de texto con información…
Oct 2021
Author(s): Chauvin, Juan Pablo
This paper presents an overview of how health outcomes vary across cities in Latin America and discusses some of the known drivers of this variation. There are large disparities in outcomes across…
Jul 2021
Author(s): Hernández, Karla;Hoffmann, Bridget;Ruiz-Tagle V., Cristóbal;Schueftan, Alejandra
Air pollution is one of the primary causes of premature death worldwide. This paper examines the cost-effectiveness of two different air quality information programs that were implemented as part of…
Jun 2021
Author(s): Aromi, Daniel;Bonel, María Paula;Cristia, Julian P.;Llada, Martín;Palomino, Luis
This study analyzes mobility patterns during the COVID-19 pandemic for eight large Latin American cities. Indicators of mobility by socioeconomic status (SES) are generated by combining georeferenced…
Jun 2021
Author(s): Andreasen, Eugenia;Bauducco, Sofía;Dardati, Evangelina
This paper studies the effect of capital controls on misallocation and welfare in an economy with financial constraints. We build a general equilibrium model with heterogeneous firms, financial…
May 2021
Author(s): Domínguez, Patricio;Ruffini, Krista
Many Latin American countries and cities have substantially lengthened the school day over the past generation. Chile, for example, increased the school day by 30 percent between 1997 and 2010. While…
May 2021
Author(s): Domínguez, Patricio;Ruffini, Krista
Numerosos países y ciudades de América Latina han alargado considerablemente la jornada escolar a lo largo de la última generación. Chile, por ejemplo, aumentó la jornada escolar en un 30% entre 1997…
May 2021
Author(s): Keefer, Philip;Perilla, Sergio;Vlaicu, Razvan
This paper examines new data on public sector employees from 18 Latin American countries to shed light on the role of trust in the performance of government agencies. We developed an original survey…
May 2021
Author(s): Berlinski, Samuel;Busso, Matías;Dinkelman, Taryn;Martínez, Claudia
We conducted an experiment in low-income schools in Chile to test the effects and behavioral changes triggered by a program that sends attendance, grade, and classroom behavior information to parents…
Apr 2021
Author(s): Heresi, Rodrigo
I study the firm-level dynamic response of a commodity-exporting economy to global cycles in commodity prices. To do so, I develop a heterogeneous-firms model that endogenizes declines in aggregate…
Mar 2021
Author(s): Fuentes, J. Rodrigo;Schmidt-Hebbel, Klaus;Soto, Raimundo
This paper reviews the design and operation of the Chilean fiscal rule in the past 30 years. Using different empirical approaches, we assess its impact on fiscal procyclicality, public debt, and…
Nov 2020
Author(s): Busso, Matías;Camacho, Juanita;Messina, Julián;Montenegro, Guadalupe
Latin American governments swiftly implemented income assistance programs to sustain families' livelihoods during COVID-19 stay-at-home orders. This paper analyzes the potential coverage and…
Nov 2020
Author(s): Berlinski, Samuel;Ramos, Alejandra
This paper analyzes the effect on teacher mobility of a program that rewards excellence in teaching practices in Chile. Successful applicants receive a 6 percent annual wage increase for up to 10…
Nov 2020
Author(s): Berlinski, Samuel;Ramos, Alejandra
Esta investigación analiza el efecto en la movilidad de los profesores de un programa que recompensa la excelencia en las prácticas docentes en Chile. Los postulantes exitosos al programa reciben un…
Oct 2020
Author(s): Hoffmann, Bridget;Armangue i Jubert, Tristany;Parrado, Eric
Using Chile as a case study, this document finds that financial returns would not have been lower if sovereign wealth and pension funds had followed environmental, social and governance (ESG)…