Jun 2019
Author(s): Bernales, Alejandro; Beuermann, Diether; Cumming, Douglas; Olid, Christian
Relatively little is known about the effects of blue-collar crime (theft, robbery, vandalism or arson) on financial decisions. Previous literature has focused its attention either on 'regional…
Feb 2019
Author(s): Core Collaboration Group LLC
380,000 is the number of lives transformed by the New Employment Opportunities (NEO) Initiative, during 2013-2018 period. In a region plagued by precarious rates of youth unemployment, NEO has…
Nov 2018
Author(s): Novella, Rafael; Repetto, Andrea; Robino, Carolina; Rucci, Graciana
Youth is a critical stage in people's lives: a transition period in which transcendental decisions have to be made in many areas, especially in education and work. Knowing what lies behind the…
Nov 2018
Author(s): Novella, Rafael; Repetto, Andrea; Robino, Carolina; Rucci, Graciana
La juventud es una etapa crítica en la vida de las personas: un periodo de transición, en el que se han de tomar decisiones trascendentales en muchos ámbitos, especialmente en la educación y el…
Nov 2018
Author(s): Novella, Rafael; Repetto, Andrea; Robino, Carolina; Rucci, Graciana
La juventud es una etapa crítica en la vida de las personas: un periodo de transición, en el que se han de tomar decisiones trascendentales en muchos ámbitos, especialmente en la educación y el…
Aug 2018
Author(s): Novella, Rafael; Repetto, Andrea
La adolescencia es una etapa crítica en la vida en la que se toman decisiones clave para el futuro, incluidas las educativas y laborales. El objetivo central de este documento es revisar cuáles…
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…
Jan 2018
Author(s): Rucci, Graciana; Urzúa, Sergio
Labor market institutions shape the return to workers’ skills. They define the incentives of firms and workers to invest in general and specific skills, affecting the returns to experience and tenure…
Apr 2017
Author(s): Chirinos-Leañez, Ana María; Pagliacci, Carolina
This paper evaluates whether fiscal and foreign exchange policy shocks canexplain both credit and credit supply in Venezuela. Empirical evidence suggests that between 65 and 90 percent of credit…
Apr 2017
Author(s): Inter-American Development Bank (IDB)
This report is the second of two volumes which together constitute the Inter-American Development Bank's 2016 Annual Report. This report contains the management's discussion and analysis of…
Apr 2017
Author(s): Banco Interamericano de Desarrollo (BID)
Este es el segundo de dos volúmenes que constituyen el Informe Anual del Banco Interamericano de Desarrollo (BID) 2016. El presente volumen contiene la discusión y análisis de la Administración:…
Feb 2017
Author(s): Alvarez, Roberto; Hansen, Erwin
This paper examines a panel (1994-2014) of Chilean non-financial firms, both publicly listed and private, which was built to analyze the determinants of the use of foreign currency debt and their…
Jan 2017
Author(s): Valle, Mauricio Ribeiro do; Toneto Junior, Rudinei; Vieira Cicogna, Maria Paula; Tarantin Junior, Wilson
This paper shows that exchange rate depreciation has a negative effect on the balance sheet of Brazilian companies with foreign indebtedness; this effect stems mainly from the negative correlation…
Dec 2016
Author(s): Schmid, Juan Pedro
Jamaica entered the world economic downturn in 2008 from a position of ongoing weak economic performance and high, increasing debt levels. As a result, Jamaica's fiscal situation quickly became…
Dec 2016
Author(s): Multilateral Investment Fund
The Development Effectiveness Report is an annual analysis of the performance, effectiveness, and impact of the projects and activities of the Multilateral Investment Fund (MIF). This 2016 edition…
Dec 2016
Author(s): García-Cicco, Javier; Kawamura, Enrique
This paper empirically tests the effects of foreign currency debt on economic performance and investment behavior in non-financial firms in six Latin America and Caribbean countries. It is found find…
Oct 2016
Author(s): Barajas, Adolfo; Restrepo, Sergio; Steiner, Roberto; Medellín, Juan Camilo; Pabón, César
After building up foreign currency-denominated (FC) liabilities over several years, the balance sheets of Colombian firms might be particularly vulnerable to a shift in external conditions. This…
Oct 2016
Author(s): Mitnik, Oscar A.; Ripani, Laura; Rosas-Shady, David
The evidence on the effectiveness of youth training programs in Latin American and the Caribbean (LAC) tends to be encouraging regarding the quality of employment of beneficiaries (positive impacts…
Oct 2016
Author(s): Trujillo, Verónica; Navajas, Sergio
This report seeks to facilitate a deeper understanding of the financial systems in the region, combining aspects of sustainability and financial inclusion. The 2016 report includes information from…
Aug 2016
Author(s): Chang, Roberto; Fernandez, Andres; Gulan, Adam
Corporate sectors in emerging markets have noticeably increased their reliance on foreign financing, presumably reflecting low global interest rates. The evidence also shows a rebalancing from bank…