Aug 2021
Author(s): Alviarez, Vanessa;Fioretti, Michele;Kikkawa, Ken;Morlacco, Monica
Firms in global value chains (GVCs) are granular and exert bargaining power over the terms of trade. We show that these features are crucial to understanding the well-established variation in prices…
Jun 2021
Author(s): Ayres, João;Raveendranathan, Gajendran
We analyze shocks to productivity, collateral constraint (credit shock), firm operation, and labor disutility in a model of firm dynamics with entry and exit. Shocks to firm operation and labor…
Nov 2020
Author(s): Berlinski, Samuel;Ferreyra, María Marta;Flabbi, Luca;Martin, Juan David
We develop and estimate a model of child care markets that endogenizes both demand and supply. On the demand side, families with a child make consumption, labor supply, and child-care decisions…
Oct 2020
Author(s): Aruoba, S. Boragan;Drazen, Allan;Vlaicu, Razvan
The opportunity to run for reelection provides a significant incentive for incumbent U.S. governors to exert effort, creating a disciplining effect. This improves policy outcomes by 4.9 percent.…
Oct 2020
Author(s): Aruoba, S. Boragan;Drazen, Allan;Vlaicu, Razvan
La oportunidad para presentarse a la reelección representa un incentivo importante para que los gobernadores actuales en Estados Unidos se esfuercen y creen un efecto disciplinante. Esto mejora los…
Apr 2020
Author(s): Ayres, João;Raveendranathan, Gajendran
We analyze a general equilibrium model of firm dynamics to study the effects of shocks to productivity, labor wedge, and collateral constraint (credit shock) on firm exit. We find that only the…
Jan 2020
Author(s): Castro Abril, Miguel
The new surge in electric vehicle (EV) charging in Texas can be served efficiently during the early morning hours with large wind generation, low electricity demand, low prices, and low environmental…
Jul 2019
Author(s): Ayres, João;Raveendranathan, Gajendran
We use firm dynamics statistics on employment by age, entry, exit, and job flows to identify sources of business cycle fluctuations in the U.S. economy since 1980.
We extend the Hopenhayn (…
Mar 2017
Author(s): Székely, Miguel;Mendoza, Pamela
This paper explores families' investment in skills development through education in a high-inequality, low-education quality country such as Mexico, comparing it to a lower-inequality, higher-…
Mar 2017
Author(s): Acerenza, Santiago;Gandelman, Néstor
This paper characterizes household spending in education using microdata from income and expenditure surveys for 12 Latin American and Caribbean countries and the United States. Bahamas, Chile and…
Dec 2016
Author(s): Krishna, Kala;Lychagin, Sergey;Frisancho, Verónica
Placement, both in university and in the civil service, according to performance in competitive exams is the norm in much of the world. Repeat taking of such exams is common despite the private and…
May 2016
Author(s): Colacito, Riccardo;Hoffmann, Bridget;Phan, Toan
This paper documents that seasonal temperatures have significant and systematic effects on the U.S. economy, both at the aggregate level and across a wide crosssection of economic sectors. This…
Apr 2016
Author(s): Schuster, Christian
Merit-based selection of bureaucrats is central to state capacity building, yet rare in developing countries. Most executives instead favor patronage -political discretion- in public employment.…
Feb 2016
Author(s): López-Calva, Luis Felipe;Levy Algazi, Santiago
Over the last two decades Mexico has had an open trade regime, experienced macroeconomic stability, and made substantial progress in education. However, average workers¿ earnings have stagnated and…
Oct 2015
Author(s): Wilson, Riley;Miller, Sebastián J.
Growing vehicle use and congestion externalities have led many to consider alternative congestion pricing mechanisms, as road pricing often has high infrastructural costs and faces public opposition…
Oct 2015
Author(s): Araujo, María Caridad;Ardanaz, Martín;Armendáriz, Edna;Behrman, Jere R.;Berlinski, Samuel;Cristia, Julian P.;Flabbi, Luca;Hincapie, Diana;Jalmovich, Analía;Kagan, Sharon Lynn;Lopez Boo, Florencia;Pérez Expósito, Ana;Schady, Norbert
Child well-being matters for both ethical and economic reasons as children who flourish in the early years are more likely to become healthy, productive citizens later in life. This year's…
Oct 2015
Author(s): Araujo, María Caridad;Ardanaz, Martín;Armendáriz, Edna;Behrman, Jere R.;Berlinski, Samuel;Cristia, Julian P.;Flabbi, Luca;Hincapie, Diana;Jalmovich, Analía;Kagan, Sharon Lynn;Lopez Boo, Florencia;Pérez Expósito, Ana;Schady, Norbert
El bienestar infantil es importante tanto por razones éticas como económicas porque los niños que prosperan en los primeros años tienen más probabilidad de volverse ciudadanos productivos y…
Oct 2015
Author(s): Araujo, María Caridad;Ardanaz, Martín;Armendáriz, Edna;Behrman, Jere R.;Berlinski, Samuel;Cristia, Julian P.;Flabbi, Luca;Hincapie, Diana;Jalmovich, Analía;Kagan, Sharon Lynn;Lopez Boo, Florencia;Pérez Expósito, Ana;Schady, Norbert
O bem-estar infantil é importante tanto por razões éticas como económicas porque as crianças que se desenvolvem nos primeiros anos são mais propensos a se tornarem cidadãos produtivos e saudáveis no…
Sep 2015
Author(s): Funaro, Rita
While Latin America and the Caribbean has made great gains in public health, these advances are threatened by the ongoing effects of climate change. This edition of IDEA explores some of the health…
Sep 2015
Author(s): Funaro, Rita
Si bien América Latina y el Caribe ha logrado grandes avances en materia de salud pública, éstos se ven amenazados por los efectos actuales del cambio climático. Este número de IDEA explora cómo…