Dec 2012
Author(s): Beuermann, Diether;Cristia, Julian P.;Cruz-Aguayo, Yyannu;Cueto, Santiago;Malamud, Ofer
This paper presents results from a randomized control trial in which approximately 1,000 OLPC XO laptops were provided for home use to children attending primary schools in Lima, Peru. The…
Dec 2012
Author(s): Benigno, Gianluca;Chen, Huigang;Otrok, Christopher;Rebucci, Alessandro;Young, Eric R.
This paper studies whether policymakers should wait to intervene until a financial crisis strikes or rather act in a preemptive manner. This question is examined in a relatively simple dynamic…
Dec 2012
Author(s): Rossi, Martín;Tommasi, Mariano
This paper uses data from the Argentine House of Representatives to study the relationship between legislative effort and political success, as measured by reelection, becoming a leader of the House…
Dec 2012
Author(s): Moya, Ramiro
This study analyzes the current situation of the rental market of Argentina. It is characterized by a growing percentage of households demanding houses for renting up to the point that, for first…
Dec 2012
Author(s): Caballero, Julián
This paper explores whether the level of financial integration of banks in a country increases the incidence of systemic banking crises. The paper uses a de facto proxy for financial integration…
Dec 2012
Author(s): Bastos, Paulo;Bottan, Nicolas L.;Cristia, Julian P.
Evidence on the impacts of a large-scale expansion in public preprimary education is limited and mostly circumscribed to high and middle-income countries. This paper estimates the effects of such an…
Dec 2012
Author(s): Flabbi, Luca;Tejada, Mauricio
This paper makes three contributions to the existing literature. First, it provides descriptive evidence on gender differentials by education level in the US labor market over the last twenty years…
Dec 2012
Author(s): Palanza, Valeria;Scartascini, Carlos;Tommasi, Mariano
This paper proposes an agenda for the study of the determinants and the processes by which strong policymaking institutions emerge, with emphasis on the most central democratic institution: the…
Dec 2012
Author(s): Sánchez Torres, Fabio;España Eljaiek, Irina;Zenteno, Jannet
This paper surveys the evolution and implications of fiscal decentralization in Colombia in recent decades. After describing the fiscal decentralization process and its impact on sub-national…
Nov 2012
Author(s): Humpage, Sarah D.
Randomized controlled trials, prized for generating unbiased estimates of treatment effects, have become popular in development economics. However, RCTs do not always offer sufficient statistical…
Nov 2012
Author(s): Powell, Andrew;Tavella, Pilar
The October surveys of expectations for inflation and growth conducted by Central Banks in the region indicate increases in both growth and inflation expectations for a number of countries.…
Nov 2012
Author(s): Fernández, Jorge;Miller, Sebastián J.
The effectiveness of carbon markets in the reduction of emissions at minimal cost requires several conditions. In a dynamic context the inter-temporal dimension adds new conditions for the desirable…
Nov 2012
Author(s): Castañeda, Luis Cesar;Pardinas, Juan E.
This paper estimates potential Mexican sub-national tax revenues using a stochastic frontier model. The results suggest that states are exploiting their current tax bases, particularly the payroll…
Nov 2012
Author(s): Federico, Pablo M.
After the 2007-2009 global financial crisis and previous financial crises in Latin America, the liquidity-risk exposure of banking systems is considered one of the most important vulnerabilities. At…
Nov 2012
Author(s): Torres Ramírez, Jorge Enrique
Históricamente la producción formal de vivienda en Colombia ha presentado limitaciones en su dimensión y composición por la localización, el precio, el tipo de vivienda, etc. Esta oferta ha atendido…
Nov 2012
Author(s): Fernández Martín, Andrés;Gulan, Adam
Countercyclical country interest rates have been shown to be both a distinctive characteristic and an important driving force of business cycles in emerging market economies. In order to account for…
Nov 2012
Author(s): Navajas, Fernando;Panadeiros, Monica;Natale, Oscar
This paper models an energy tax reform process out of a status quo and towards environmentally related excises, distinguishing between uniform and non-uniform tax components, positive and normative…
Oct 2012
Author(s): Powell, Andrew;Tavella, Pilar
The September surveys of expectations for inflation and growth conducted by Central Banks in the region show mixed results with stable expectations for average growth and inflation across the eight…
Oct 2012
Author(s): Lora, Eduardo
Este documento es una actualización del trabajo original "Las reformas estructurales en América Latina: Qué se ha reformado y cómo medirlo" publicado en Diciembre de 2001. Este documento…
Oct 2012
Author(s): Jacquet, Bruno;Simmoneaux, Mathilde
La agricultura haitiana, en su mayoría familiar y de subsistencia, enfrenta en la actualidad diversos retos para mejorar sus niveles de productividad y el acesso a factores de producción. En 2011 se…