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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 ...
Estimating the reservation wage across city groups in Colombia: a stochastic frontier approach
(Centro de Investigación y Docencia Económicas, 2024-01-30)
We use the stochastic frontier approach to estimate the reservation wage across different cities in Colombia. Using the Household Surveys from 2008–2019 for 23 urban cities, we find empirical evidence supporting search ...
State dependence of fiscal multipliers in Chile – an independent component approach to identification
(Centro de Investigación y Docencia Económicas, 2023-01-25)
In studying the economic cycle dependency of fiscal multipliers in Chile, we implement an independent component analysis for structural shock identification within a non-linear vector autoregressive setting with generalized ...
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 ...
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 ...
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 ...
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 ...
Population and economic growth in Mexico: regime dynamics and causality
(Centro de Investigación y Docencia Económicas, 2024-03-20)
This paper examines the joint dynamics of population and economic performance using panel data from the 32 Mexican states throughout the period 1940-2020. The analysis considers the population growth rate and per capita ...
Inconsistent choices among adolescents in El Salvador
(Centro de Investigación y Docencia Económicas, 2025-01-24)
This paper examines inconsistencies in the decision-making of a sample of 2,248 adolescents from El Salvador when completing two classic experiments: temporal discounting and risk preferences. Inconsistency in responses ...
Convergence of carbon dioxide emissions in the Americas and its determinants
(Centro de Investigación y Docencia Económicas, 2022-12-26)
This paper investigates the convergence behaviour of carbon dioxide emissions for 39 countries in the Americas from 1960-2016. A linear regression test of convergence which looks for conditional sigma convergence is employed, ...










