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Browsing LACEA Journals by Title

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  • Seo, S. Niggol (Brookings Institution Press, 2012-03)
    This paper develops an integrated model of adapting natural resource intensive enterprises in Latin America to future climate changes. Based on about 2,000 rural household surveys, we model six specialized and diversified ...
  • de Gregorio, José; Landerretche, Oscar; Neilson, Christopher (Brookings Institution Press, 2007-03)
    This paper presents evidence of an important decline during recent decades in the pass-through from the price of oil to the general price level. We find that this decline is a generalized fact for a large set of countries. ...
  • Gaviria, Alejandro; Medina, Carlos; Mejía, Carolina (Brookings Institution Press, 2006-10)
    In 1993, Colombia implemented an ambitious health reform. Its key component was a radical transformation of the manner in which health care provision, particularly care that was directed toward lower-income individuals, ...
  • Araújo, Aloisio; Funchal, Bruno (Brookings Institution Press, 2005-10)
    This paper studies bankruptcy law in Latin America, focusing on the Brazilian reform. We start with a review of the international literature on this subject. Next we examine the economic incentives associated with several ...
  • Parsons, John (Brookings Institution Press, 2010-03)
    This paper addresses the question of whether the oil price spike of 2003-2008 was a bubble. We document and discuss what is known about the level of speculation in the paper oil market. We then analyze the dynamics of the ...
  • McKenzie, David; Schargrodsky, Ernesto (Brookings Institution Press, 2011-03)
    Households allocating time between market and non-market uses should respond to income variations by adjusting the time devoted to shopping search and other home production activities. In this paper, we exploit high-frequency ...
  • Schady, Norbert; Araujo, Maria Caridad (Brookings Institution Press, 2008-03)
    The impact of cash transfer programs on the accumulation of human capital is a topic of great policy importance. An attendant question is whether program effects are larger when transfers are"conditioned"on certain behaviors, ...
  • Berstein, Solange; Larraín, Guillermo; Pino, Francisco (Brookings Institution Press, 2006-03)
    As opposed to defined benefit pension schemes, which are showing sustainability problems around the world, individual capitalization systems are seen as financially solvent. However, there has been some controversy during ...
  • Rebucci, Alessandro; Cesa-Bianchi, Ambrogio; Pesaran, M. Hashem; Xu, TengTeng (Brookings Institution Press, 2012-03)
    This paper investigates how changes in trade linkages between China, Latin America, and the rest of the world have altered the transmission of international business cycles to Latin America. Evidence based on a GVAR model ...
  • Pincheira, Pablo; Calani, Mauricio (Brookings Institution Press, 2010-10)
    Communication with the public is an ever-growing practice among central banks and complements their decisions of interest rate setting. In this paper we examine one feature of the communicational practice of the Central ...
  • Frankel, Jeffrey (Brookings Institution Press, 2011-10)
    Seven possible nominal variables are considered as candidates to be the anchor or target for monetary policy. The context is countries in Latin America and the Caribbean (LAC), which tend to be price takers on world markets, ...
  • Karasulu, Meral (Brookings Institution Press, 2007-04)
    his paper, by Meral Karasulu, measures the degree of competition in the Chilean banking sector. This question has traditionally been addressed by measuring the degree of concentration in the sector. However, the relationship ...
  • Freije, Samuel; Bando, Rosangela; Arce, Fernanda (Brookings Institution Press, 2006-10)
    This article summarizes a microsimulation exercise for the Mexican human development program Oportunidades and presents a series of simulations of its actual and potential impact upon poverty at the national, urban and ...
  • de la Torre, Augusto; Ize, Alain (Brookings Institution Press, 2010-10)
    Financial crises happen when: (i) nobody really understands what is going on (the collective cognition paradigm); (ii) some understand better and take advantage (the asymmetric information paradigm); (iii) everybody ...
  • Rodríguez-Clare, Andrés (Brookings Institution Press, 2005-10)
    This paper discusses coordination failures, their relevance to developing countries, and the circumstances under which they occur, arguing that clusters can be seen as agglomerations of firms and organizations in related ...
  • Heckman, James; Pagés-Serra, Carmen (2000-09)
    This paper analyzes the costs of job security policies, using evidence from existing studies as well as new data. Latin America has implemented a wide range of labor market policies that provide natural experiments with ...
  • Di Tella, Rafael; Dyck, Alexander (Brookings Institution Press, 2008-03)
    We study the Chilean electricity distribution industry and find that costs (the ratio of reported costs to revenues) have fallen since price caps were introduced. Cost reductions are U-shaped since 1989: Strong initial ...
  • Hernández-Trillo, Fausto; Smith-Ramírez, Ricardo (Brookings Institution Press, 2009-10)
    Searching for an explanation for investment grades assigned to virtually bankrupt subnational governments in LDCs, we study the determinants of bond ratings for municipalities in Mexico. Our data set includes ratings from ...
  • Fajnzylber, Pablo; Loayza, Norman; Lederman, Daniel (2000-09)
    The recent upward trend in crime rates of developing countries has spurred widespread public concern about personal and proprietary insecurity. In some countries, the questions of crime, violence, and victimization are ...
  • Lustig, Nora (2000-09)
    Macroeconomic crises not only affect the current living standards of the poor, but their ability to grow out of poverty. This paper presents evidence on the impact of economic crisis on poverty and inequality in Latin ...

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