Aug 2019
Author(s): Aranco, Natalia; Sorio, Rita
Uruguay es uno de los países más envejecidos de la región. Esto, aun siendo buena noticia, impone desafíos; unos de los más apremiantes es el aumento en la demanda de servicios de apoyo a largo plazo…
Aug 2019
Author(s): López-Ortega, Mariana; Aranco, Natalia
La transición demográfica, el envejecimiento poblacional, y el aumento en la importancia de las enfermedades no transmisibles frente a las transmisibles, imponen retos económicos, sociales y de…
Aug 2019
Author(s): Duryea, Suzanne; Sampaio, Breno; Sampaio, Gustavo R.; Ribas, Rafael P.; Trevisan, Giuseppe
This paper examines the labor market returns to attending free elite higher education for different socioeconomic and demographic groups in Brazil. Using restricted-access data from a flagship public…
Jun 2019
Author(s): Voege, Tom
The scope of this discussion paper is to describe the main trends disrupting transport services and the policy implications for Latin American and Caribbean (LAC) countries; this includes both those…
Jun 2019
Author(s): Guala, Federico; Pineda, Emilio
Empresas de propiedad estatal (EPE) presentan un desafío importante para programas de reforma fiscal de América Latina y el Caribe. Si bien los expertos del tema han propuesto varias estrategias para…
May 2019
Author(s): Huete García, Agustín
Los avances de los países de América Latina y el Caribe (ALC) en el fortalecimiento de la institucionalidad de la protección social no necesariamente han estado acompañados por un reconocimiento de…
Apr 2019
Author(s): Hincapie, Diana; Duryea, Suzanne; Hincapié, Isabel
This policy brief uses data from censuses and household surveys in the Latin America and the Caribbean (LAC) region to analyze the gaps in school attendance and completion rates between children and…
Mar 2019
Author(s): Ponce De León, Marisela; Koinange, Carly
Caminar, ir en bicicleta (movilidad activa ) y en transporte público son actividades cotidianas en la región de América Latina y el Caribe, sin embargo, la falta de seguridad vial y seguridad…
Aug 2018
Author(s): López-Martín, Bernabé; Ramírez de Aguilar, Alberto; Samano, Daniel
We exploit a hidden Markov model where inflation is determined by government deficits financed through money creation and/or by destabilizing expectations dynamics (expectations can potentially…
Jul 2018
Author(s): Alonso, Pablo
The establishment of the inflation targeting regime in Paraguay is relatively recent, however, the results have been satisfactory. This is because based on the observed data, from the implementation…
Jul 2018
Author(s): Zárate, Héctor; Zapata-Sanabria, Daniel R.
The purpose of this paper is twofold. First, we evaluate the responses to the questions on inflation expectations in the World Economic Survey for sixteen inflation targeting countries. Second, we…
Jul 2018
Author(s): Castañeda-Fuentes, Juan Carlos; Valle-Samayoa, Héctor Augusto; Catalán-Herrera, Juan Carlos; Arriaza-Herrera, Juan Carlos; Gutiérrez-Morales, José; Castillo-Maldonado, Carlos Eduardo; Galindo-Gonzáles, Douglas Napoleón; Hurtarte-Aguilar, Guisela; Ortiz-Cardona, Edson Roger
Forecasting the inflation path is an important task for central banks in an inflation targeting regime. Therefore, central banks must continuously evaluate the forecasting accuracy of the models used…
Jun 2018
Author(s): Garegnani, Lorena; Gómez Aguirre, Maximiliano
In 2016 the Central Bank of Argentina began to announce inflation targets. In this context, providing authorities with good estimates of relevant macroeconomic variables is crucial for making…
Jun 2018
Author(s): Fuertes, Alberto; Gimeno, Ricardo; Marqués, José Manuel
In this paper we estimate inflation expectations for several Latin American countries using an affine model that takes as factors the observed inflation and the parameters generated from zero-coupon…
May 2018
Author(s): Medellín, Nadin; Ibarrarán, Pablo; Stampini, Marco
Los gobiernos de América Latina y el Caribe enfrentan el reto de diseñar una respuesta de política pública para promover que un número cada vez mayor de personas con dependencia accedan a servicios…
Apr 2018
Author(s): Mora Barrenechea, Mauricio; Heredia Gómez, Juan Carlos; Zeballos Coria, David
This paper analyzes the time-varying degree of inflation expectations anchoring in Bolivia and, more precisely, whether inflation expectations have been in line with the inflation objectives…
Mar 2018
Author(s): Ter-Minassian, Teresa
This paper presents an overview of the SOE sector in Peru, with special focus on the fiscal risks that it may create. The analysis suggests that such risks have generally been contained through a…
Feb 2018
Author(s): Prat, Jordi; López, Arnoldo; Manzano, Osmel; Solera, Marco; Ochoa, Elizabeth
Central America and the Dominican Republic had stable economic growth in 2017. The performance of the United States economy and low commodity prices, mainly oil, meant that the key indicators for the…
Feb 2018
Author(s): Prat, Jordi; López, Arnoldo; Manzano, Osmel; Solera, Marco; Ochoa, Elizabeth
En 2017 Centroamérica y República Dominicana tuvo un crecimiento económico estable. El desempeño de Estados Unidos y los bajos precios de las materias primas, principalmente de los hidrocarburos,…
Jan 2018
Author(s): Aranco, Natalia; Stampini, Marco; Ibarrarán, Pablo; Medellín, Nadin
El proceso de envejecimiento acelerado que están atravesando los países de América Latina y el Caribe impone presiones sin precedentes en el ámbito de los cuidados de largo plazo. En este sentido, el…