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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 ...
Gender wage discrimination by distribution of income in Mexico, 2005-2020
(Centro de Investigación y Docencia Económicas, 2020-12-31)
This paper aims to analyze the hourly gender wage gap between men and women in Mexico for the period 2005-2020. To this end, a number of variables is selected to reflect workers' human capital, household circumstances and ...
Sanctions and oil production: evidence from Venezuela’s Orinoco Basin
(Centro de Investigación y Docencia Económicas, 2022-09-22)
We use the differential access to credit of oil firms in Venezuela’s Orinoco Basin to identify the economic effects of financial and oil sanctions on firm output. Using a panel of monthly firm-level oil production from ...
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 ...
Automation and the jobs of young workers
(Centro de Investigación y Docencia Económicas, 2022-02-14)
New automation technologies affect workers in a heterogeneous manner according to their demographic characteristics, skills, and the tasks they perform. In this paper we study the effects of automation on labor market ...
Government intervention in rural insurance and reinsurance markets in Mexico, 1940-2000
(Centro de Investigación y Docencia Económicas, División de Economía, 2021)
This paper explains the historical development of agricultural insurance and reinsurance in Mexico in the second half of the 20th century. The central argument is that the Mexican government did not fully actívate the rural ...
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 ...
Size-dependent gender gaps in entrepreneurship: the case of Chile
(Centro de Investigación y Docencia Económicas, 2022-02-28)
This paper documents differences in firm size depending on whether their manager is a man or a woman and studies the aggregate implications of these gender gaps in Chile. We document that in 2007 less than a quarter of ...
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 ...