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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…
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…
Sep 2013
Author(s): Espino, Emilio; González Rozada, Martín
This paper explores the qualitative and quantitative implications of optimal taxation in a developing economy when economic growth is endogenously determined. We differentiate this class of economies…
Nov 2012
Author(s): Espino, Emilio; González Rozada, Martín
This paper provides an estimation of the size of income and demand automatic stabilizers in a representative sample of Latin American and Caribbean (LAC) countries. The authors find that when a…
Dec 2011
Author(s): González Rozada, Martín; Ronconi, Lucas; Ruffo, Hernán
This paper takes advantage of several reforms that provide time and cross sectional variation to identify the effects of unemployment insurance and severance payments on the duration of unemployment…
Jan 2008
Author(s): Barrera-Osorio, Felipe; Galdo, Virgilio; Schargrodsky, Ernesto; Galiani, Sebastián; González Rozada, Martín; Nakasone, Eduardo; Chong, Alberto E.; Coombs, Elizabeth; Gonzalez-Eiras, Martín; Torero, Máximo; Alcázar, Lorena; Olivera, Mauricio; Carrillo, Paul E.; Rossi, Martín; Bellettini Cedeño, Orazio J.
This book provides a detailed microeconomic analysis of the impact of various privatizations in different countries in the region. Its central message is that in many cases, contrary to popular…
Mar 2007
Author(s): Galiani, Sebastián; González Rozada, Martín; Schargrodsky, Ernesto
This paper examines the effects of the expansion of the water network in urban shantytowns in Argentina. The authors find large reductions in the presence, frequency, and severity of diarrhea…
May 2006
Author(s): González Rozada, Martín; Levy Yeyati, Eduardo
This paper shows that a large fraction of the variability of emerging market bond spreads is explained by the evolution of global factors such as risk appetite (as reflected in the spread of high…