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Browsing Economia Journal by Title

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  • López-Cordova, Ernesto; Micco, Alejandro; Molina, Danielken (Brookings Institution Press, 2008-03)
    This paper estimates the elasticity of substitution of U.S. imports using detailed trade data over the 1990-2003 period. The authors use a two-stage least squares framework in order to identify the elasticity parameter of ...
  • Coelho, Christiano Arrigoni; De Mello, João Manoel Pinho; Garcia, MArcio Gomes Pinto (Brookings Institution Press, 2010-04)
    Using the different response timings of credit demand and supply, we isolate supply shifts after monetary policy shocks. We show that the bank lending channel exists in Brazil: after an increase (decrease) in the basic ...
  • Thorbecke, Erik (Brookings Institution Press, 2008-10)
    This paper consists of four parts following an introduction. Section 2 analyzes and describes the main channels (transmission mechanisms) through which the process of globalization affects poverty directly and indirectly. ...
  • Torero, Máximo; Schroth, Enrique; Pasco-Font, Alberto (Brookings Institution Press, 2003-10)
    This paper analyzes how, in addition to the improvement in the performance of the firm and the quality of service, the privatization of the telecommunications industry in Peru led to price changes that had an impact on ...
  • de Carvalho, Fabia A.; Bugarin, Maurício S. (Brookings Institution Press, 2006-03)
    This paper tests the rationality of inflation forecasts surveyed in Mexico, Brazil, and Chile and identifies their recent formation rule. There is strong evidence that forecasts are unbiased, but forecasters have not been ...
  • Schmidt-Hebbel, Klaus; Werner, Alejandro (2002-03)
    Since New Zealand first adopted the regime in 1990, a growing number of industrial and developing countries have followed suit. Latin America is part of this world trend. After recording the highest inflation in the world ...
  • Hofstetter, Marc (Brookings Institution Press, 2011-10)
    In recent years, five of the main economies in Latin America -Brazil, Chile, Mexico, Colombia and Peru- have adopted Inflation Targeting regimes. In the context of these converging monetary strategies, would the IT nations ...
  • Maloney, William F.; Lederman, Daniel (Brookings Institution Press, 2008-10)
    The debate over the curse of natural resources has haunted developing countries for decades if not centuries. A review of existing empirical evidence suggests that the curse remains elusive. The fragile negative effect of ...
  • Tommasi, Mariano (Brookings Institution Press, 2006-03)
    The effects of public policies on social and economic outcomes depend on some fundamental state capacities, such as the ability to commit to a policy course; the ability to adjust policies when circumstances change; and ...
  • Fields, Gary S.; Duval Hernández, Robert; Freije, Samuel; Sánchez Puerta, María Laura (Brookings Institution Press, 2007-03)
    Economic mobility has not been widely studied in developing countries until very recently owing to the lack of suitable data. Studying mobility requires longitudinal data tracking economic units (that is, individuals, ...
  • Mejía, Daniel; Uribe, María José (Brookings Institution Press, 2011-10)
    Violence against union members in Colombia has been at the center of a debate for several years now. Union leaders and NGOs in Colombia and abroad continuously argue that free trade agreements with Colombia should be blocked ...
  • Cowan, Kevin; Micco, Alejandro; Pagés, Carmen (Brookings Institution Press, 2004-10)
    This paper examines the reasons behind the sudden increase and the slow recovery of unemployment in Chile after the economic slowdown that took place in 1998 as a result of the Asian Crisis. To do so, we analyze the response ...
  • Mondragón-Vélez, Camilo; Peña, Ximena; Wills, Daniel (Brookings Institution Press, 2010-10)
    Informality is at the center of the economic debate in Colombia, fueled by the high level prevalent in the country and its substantial increase during the 1990s. We study the effect of labor market rigidities, namely the ...
  • Gonzaga, Gustavo (Brookings Institution Press, 2003-10)
    One of the main characteristics of the Brazilian labor market is its impressively high job and worker turnover rates. Although labor legislation in Brazil is very restrictive, dismissal costs are not high when compared ...
  • de la Torre, Augusto; Levy Yeyati, Eduardo; Schmukler, Sergio L. (Brookings Institution Press, 2003-03)
    The rise and fall of Argentina´s currency board illustrates the extent to which the advantages of hard pegs have been overstated. The currency board did provide nominal stability and boosted financial intermediation, at ...
  • Caballero, Ricardo (Brookings Institution Press, 2000-09)
    After decades of trial, error, and occasional regress the pieces of a successful Latin American economic model can be seen scattered among the leading economies of the region. The most traditional macroeconomic maladies ...
  • Ferreira, Francisco H. G.; Leite, Phillippe G. (Brookings Institution Press, 2003-03)
    The authors investigate whether micro-simulation techniques can shed light on the types of policies that should be adopted by countries wishing to meet their Millennium Development Goals. They compare two families of ...
  • Lemos, Sara (Brookings Institution Press, 2004-10)
    The international literature on minimum wages greatly lacks empirical evidence for Latin America. In Brazil, not only are minimum wage increases large and frequent, but they also have been used as both a social policy and ...
  • Maloney, William F. (Brookings Institution, 2002-10)
    Latin America missed opportunities for rapid resource-based growth that similarly endowed countries-Australia, Canada, Scandinavia- were able to take advantage of. Fundamental to this poor performance was deficient ...
  • Alfaro, Laura; Rodríguez-Clare, Andrés (Brookings Institution Press, 2004-03)
    Several recent papers have used plant-level data and panel econometric techniques to carefully explore the existence FDI externalities. One conclusion that emerges from this literature is that it is difficult to find ...

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