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Now showing items 11-20 of 44
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) ...
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 ...
Latin American falls and rebounds since the COVID-19
(Centro de Investigación y Docencia Económicas, 2023-10-04)
This paper proposes comprehensive measures of the Latin American business cycle that help to infer the expected deepness of recessions, and strength of expansions, as they unfold in real time. These measures are based on ...
Long-term effects of initial labor market conditions on young Mexicans
(Centro de Investigación y Docencia Económicas, 2023-09-06)
In this paper, we analyze the long-term effects of initial labor market conditions on young Mexicans. We construct a synthetic panel from the National Survey of Occupation and Employment. The sample is grouped according ...
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 ...
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 ...
The fiscal cost of the provision of basic public services, subsidies for expenditure on food and basic citizen income per household during the COVID-19 pandemic: an expenditure analysis
(Centro de Investigación y Docencia Económicas, 2020-12-31)
The objective of this article is to estimate the fiscal costs, using income and expenditure surveys, of the provision of basic public services (electricity, water, telephone and internet) for the 40% of the population with ...
Investigating the heterogeneity of economic convergence in Latin America Countries-an econometric análisis of systems of regression equations
(Centro de Investigación y Docencia Económicas, 2020-12-31)
For a selected group of Latin America countries we estimated the parameters of convergence equations on the basis of anual data. We test cross-country heterogeneity of parameters within a system of Seemingly Unrelated ...
Social conflict in rural regions and firm ownership: evidence from the mining sector in Latin America
(Centro de Investigación y Docencia Económicas, 2020-12-23)
Using firm-level data for five countries in Latin America we find a negative and statistically significant link between social conflict in rural areas and ownership of mines. This result suggests that the social conflict ...
Efficiency of university education: a partial frontier analysis
(Centro de Investigación y Docencia Económicas, 2020-12-23)
This article investigates the efficiency of the university education using two linked databases (Saber Pro and Saber 11) from the Colombian Institute for Evaluation of Education (ICFES) corresponding to 2014. We use a ...