Nov 1999
Author(s): Flug, Karnit; Spilimbergo, Antonio; Wachtenheim, Erik
The focus of this paper is the link between income volatility and the accumulation of human capital in the presence of credit constraints. Also, the effect of income inequality on the accumulation of…
Feb 1999
Author(s): Filgueira, Fernando; Moraes, Juan Andrés; Fernández, Carlos; Filgueira, Carlos; Moreira, Constanza
This paper argues for a multi-level explanatory model for understanding institutional reform. Using the case of Uruguay, the authors seek to show how a changed political environment combined with…