May 2021
Author(s): Busso, Matías; Frisancho, Verónica
This study examines the gendered effects of early and sustained exposure to high-performing peers on female educational trajectories. Exploiting random allocation to classrooms within middle schools…
Apr 2021
Author(s): Busso, Matías; González, María P.; Scartascini, Carlos
Telemedicine can expand access to health care at relatively low cost. Historically, however, demand for telemedicine has remained low. Using administrative records and a difference-in-differences…
Apr 2021
Author(s): Martínez Villarreal, Déborah; Parilli, Cristina; Rojas Méndez, Ana María; Scartascini, Carlos; Simpser, Alberto
Willingness to download health applications could be increased by addressing data privacy concerns indirectly. In Mexico, a survey experiment explored different priming prompts and their effect on…
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…
Apr 2021
Author(s): Bonomo, Marco; Frischtak, Claudio; Ribeiro, Paulo
We investigate the relation between existing fiscal rules and investments in the context of a fiscal crisis in Brazil. We analyze existing fiscal rules at national and subnational levels, their…
Apr 2021
Author(s): Benages, Eva; Mas, Matilde
This paper presents the framework and methodology for the economic valuation of the knowledge-based economy in five Latin American (LA) countries, namely Costa Rica, El Salvador, Mexico, Peru and the…
Mar 2021
Author(s): Scartascini, Carlos; Valle Luna, Joanna
Inclusive growth requires high levels of trust, both among individuals and in institutions, and trust is shaped by a variety of factors, including the distribution of income and wealth. This is…
Mar 2021
Author(s): Scartascini, Carlos; Valle Luna, Joanna
El crecimiento inclusivo requiere altos niveles de confianza, tanto entre las personas, así como en las instituciones; y la confianza se construye mediante diversos factores, entre los cuales se…
Mar 2021
Author(s): Obaya, Martín; Stein, Ernesto H.
Este trabajo analiza la experiencia de Argentina con las Mesas Sectoriales, un instrumento de diálogo público-privado desplegado en el periodo 2016-2019 bajo la responsabilidad del Ministerio de la…
Mar 2021
Author(s): Martínez Villarreal, Déborah; Parilli, Cristina; Rojas Méndez, Ana María; Scartascini, Carlos; Simpser, Alberto
Diagnostic and contact tracing apps are an important weapon against contagion during a pandemic. We study how the content of the messages used to promote the apps influences adoption by conducting a…
Mar 2021
Author(s): Stubrin, Lilia; Stein, Ernesto H.
La desburocratización y la simplificación de trámites son una materia pendiente en América Latina donde el Estado tiende a vincularse con las empresas, y los ciudadanos en general, a través de…
Mar 2021
Author(s): Cavallo, Eduardo A.; Powell, Andrew
The year 2020 will be remembered as one of the most challenging in modern history. Latin America and the Caribbean lost 7.4% of GDP, the largest drop on record in a single year. The region is…
Mar 2021
Author(s): Cavallo, Eduardo A.; Powell, Andrew
El año 2020 será recordado como uno de los más difíciles de la historia moderna. América Latina y el Caribe experimentó una caída de 7,4% del PIBla mayor registrada en un solo año. Se prevé que la…
Mar 2021
Author(s): Cordella, Tito; Powell, Andrew
International financial institutions (IFIs) generally enjoy preferred creditors treatment (PCT). Although PCT rarely appears in legal contracts, when sovereigns restructure bilateral or commercial…
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…
Mar 2021
Author(s): Arce, Eliécer; Robles, Edgar A.
This paper aims to provide evidence on the effects of fiscal rules on public investment, fiscal results and growth in Costa Rica and Panama. First, we find that the budget formulation process and the…
Feb 2021
Author(s): Artana, Daniel; Moskovits, Cynthia; Puig, Jorge; Templado, Ivana
This paper analyzes the implementation of Fiscal Rules (FR) in Argentina. Several clear attempts to establish a FR at the national level are identified. The analysis suggests that the environment…
Feb 2021
Author(s): Aromi, Daniel; Bonel, María Paula; Cristia, Julian P.; Llada, Martín; Pereira, Juan I.; Pulido, Xiomara; Santamaria, Julieth
The lockdowns implemented in Latin America and the Caribbean in March 2020 reduced the share of people who travel more than 1 km (about 0.6 miles) per day by 10 percentage points during the 15 days…
Feb 2021
Author(s): Aromi, Daniel; Bonel, María Paula; Cristia, Julian P.; Llada, Martín; Pereira, Juan I.; Pulido, Xiomara; Santamaria, Julieth
Los confinamientos implantados en América Latina y el Caribe en marzo de 2020 redujeron el porcentaje de personas que viajan más de 1 kilómetro al día en 10 puntos porcentuales durante los quince…
Feb 2021
Author(s): Arbeláez, María Angélica; Benítez, Miguel; Steiner, Roberto; Valencia, Oscar
In order to enhance fiscal sustainability and regain “investment grade” credit rating, in 2011 Colombia implemented a fiscal rule (FR) on the Central Government's structural balance. Investment…