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Political cycles in Latin America: more evidence on the Brazilian economy
(Centro de Investigación y Docencia Económicas, 2021-11-04)
This paper aims to shed additional light on the existence of opportunistic and partisan political-business cycles in the Brazilian economy over the 1996-2016 period. To that end, it relies on two different approaches: (I) ...
Equality without equity: the gender pay gap at the National University of Colombia
(Centro de Investigación y Docencia Económicas, 2021-12-01)
The National University of Colombia boasts a clear and egalitarian salary regime for its academic staff. Apart from rules concerning maternity and paternity leaves, which follow national Colombian legislation, the Academic ...
How has labor demand been affected by the COVID-19 pandemic? Evidence from job ads in Mexico
(Centro de Investigación y Docencia Económicas, 2021-05-26)
There is a concern among social scientists and policymakers that the COVID-19 crisis might permanently change the nature of work. We study how labor demand in Mexico has been affected during the pandemic by web scraping ...
The COVID-19 economic crisis in Mexico through the Lens of a financial conditions index
(Centro de Investigación y Docencia Económicas, 2021-12-08)
The COVID-19 pandemic not only generated real shocks affecting economic activity severely, but also a broad uncertainty that unleashed an extreme shock to financial markets. In this paper, we focus on the financial dimension ...
Labor market indicator for Colombia
(Centro de Investigación y Docencia Económicas, 2021-06-18)
Although the unemployment rate is traditionally used to diagnose the current state of the labor market, this indicator does not reflect the existence of asymmetries, mobility costs, and rigidities which impede labor to ...
The dynamics of social deprivation in Mexico
(Centro de Investigación y Docencia Económicas, 2021-06-04)
This paper aims to model the dynamics of social deprivation in Mexico using a Markovian approach. First, we establish a scenario where a list of items characterizing social deprivation evolves as a first-order Markov chain ...
Sex-ratios and work in Latin American households: evidence from Mexico, Peru, Ecuador, Colombia, and Chile
(Centro de Investigación y Docencia Económicas, 2021-06-18)
We analyze the relationship between sex-ratios in the region of residence, and the time devoted to paid and unpaid work by couples in Mexico (2002, 2009, 2014), Peru (2010), Ecuador (2012), Colombia (2012, 2017) and Chile ...
Macroeconomic effects of loan supply shocks: empirical evidence for Peru
(Centro de Investigación y Docencia Económicas, 2021-07-09)
This paper quantifies and assesses the impact of an adverse loan supply (LS) shock on Peru’s main macroeconomic aggregates using a Bayesian vector autoregressive (BVAR) model in combination with an identification scheme ...
Does education increase risk aversion in households? Some evidence using artefactual experiments in Peru
(Centro de Investigación y Docencia Económicas, 2021-09-20)
We provide empirical evidence supporting a causal link between education and risk attitudes when using representative data from representative surveys and artefactual or lab-on-the-field experiments in Lima, Peru. We employ ...
How do the tax burden and the fiscal space in Latin America look like? Evidence through laffer curves
(Centro de Investigación y Docencia Económicas, 2021-11-17)
How much fiscal space do Latin American countries have to increase their tax burdens in the long term? This paper provides an answer through Laffer curves estimates for taxes on labor, capital, and consumption for the six ...