• Acceso al financiamiento de la pequeña y mediana empresa en Colombia: retos de política pública 

      Meléndez, Marcela (CAF; Caracas, 2011)
      Este artículo presenta de manera resumida las reflexiones y hallazgos de trabajos previos sobre el acceso al financiamiento de PYMES con el propósito de que la discusión de aspectos del caso Colombiano sirva para aportar ...
    • Access to financing of SMEs in Argentina 

      Pasquini, Ricardo; De Giovanni, Martín (CAF; Caracas, 2010)
      In this paper, we examine SMEs in Argentina in search for a measurement of those who are credit constrained. We also estimate a model for the determinants of credit rejection taking into account those that are self-excluded. ...
    • An exploratory study of entrepeneurial ventures in Argentina, their financing and first years' growth 

      Pasquini, Ricardo; Mastroscello, Laura; Valli, Fenando; Segovia, Rodrigo (CAF; Caracas, 2012)
      This is a study of entrepreneurial ventures in Argentina, in particular regarding their finance and growth in their early years. We sample young manufacturing SMEs (i.e., with an average of six years and a maximum of ten ...
    • Banking services supply and micro firm performance: evidence from Colombia 

      Álvarez, Fernando; Meléndez, Marcela (CAF; Caracas, 2010)
      This paper uses a dataset of a survey of Colombian micro firms from 2003 to 2007 in combination with data from publicly available sources about banking services supply at the municipality level, to assess the impact of the ...
    • Benefits to Elite Schools and the Expected Returns to Education: Evidence from Mexico City 

      Estrada, Ricardo; Gignoux, Jérémie (CAF; Buenos Aires, 2017-03-10)
      We exploit data on the future earnings students at high school completion expect to receive with and without a college education, together with information on learning achievement and college outcomes, to study the benefits ...
    • Broadband funding mechanisms 

      Katz, Raúl (CAF; Caracas, 2014)
      This paper reviews funding models to support the deployment of broadband technology. The success or failure of a broadband deployment project is primarily a function of two factors: the investment model that assesses the ...
    • Business cycles in emerging markets: the role of durable goods and financial frictions 

      Álvarez, Fernando; Brandao-Marques, Luis; Toledo, Manuel (CAF; Caracas, 2012)
      There is a growing literature studying business cycles in emerging economies. This paper contributes to this literature by examining how durable goods and financial frictions shape cyclical fluctuations in a small open ...
    • Can a mining windfall improve welfare? Evidence from Peru with municipal level data 

      Arreaza, Adriana; Reuter, Alexandra (CAF; Caracas, 2012)
      In this paper we investigate whether fiscal performance is affected by the presence of natural resource revenues. We compare policy outcomes from mineral-abundant municipalities and non mineral-abundant municipalities in ...
    • Canon minero y decisiones fiscales subnacionales en el Perú 

      Sanguinetti, Pablo (CAF; Caracas, 2010)
      Este trabajo estudia el impacto del canon minero en las prácticas fiscales sub-nacionales en Perú. En particular se explorara si el régimen de distribución de fondos asociados a la actividad minera ha promovido o no la ...
    • City Size, Distance and Formal Employment Creation 

      O´Clery, Neave; Lora, Eduardo (CAF; Caracas, 2016-10-09)
      Cities thrive through the diversity of their occupants because the availability of complementary skills enables firms in the formal sector to grow, delivering increasingly sophisticated products and services. The appearance ...
    • Clean Energy Innovation in Latin America 

      Miller, Justin; Viscidi, Lisa (Interamerican Dialogue; CAF; Washington D.C., 2016-03-01)
      Clean energy research and commercialization have taken off over the last decade. The annual number of clean technology patent documents more than tripled between 2000 and 2014,while venture capital (VC) investment in the ...
    • Comercio internacional de electricidad. Asignación de rentas de congestión en transacciones internacionales de electricidad 

      Vasconcelos, Jorge (CAF; Caracas, 2009)
      Primera edición de documentos de trabajo sobre energía, publicados por CAF. La publicación presenta recomendaciones de política regulatoria para el manejo y la distribución de las rentas de congestión que se originan en ...
    • Contracting the road to development: early impacts of a rural roads program 

      Valdivia, Martín (CAF; Caracas, 2009)
      We studied here the early impacts of the Peruvian rural roads program (RRP) that is characterized by the contracting of private local firms for the rehabilitation and maintenance of rural roads with local supervision by ...
    • Credit constraints for higher education 

      Solis, Alex (CAF; Caracas, 2011)
      This paper addresses the importance of credit constraints explaining the gap on college enrollment between students coming from rich and poor families. Measuring the effect of credit constraints on college enrollment is ...
    • Crime perceptions and reality in Latin America 

      Maris, Lesbia; Ortega, Daniel (CAF; Caracas, 2014)
      We show that perceptions of insecurity are strongly correlated with victimization at the individual level and suggest that the reason this relationship is usually not uncovered in simple cross country studies is that they ...
    • Crime protection investment spillovers: theory and evidence from the city of Buenos Aires 

      Amodio, Francesco (CAF; Caracas, 2013)
      This paper studies spillover effects among potential crime victims from investment in observable protection technologies. Criminals and potential victims interact in a frictional market for offenses. Externalities within ...
    • Decentralisation and local and regional development 

      Rodríguez-Pose, Andrés (CAF; Caracas, 2008)
      Este artículo explora el impacto de la descentralización sobre el potencial para el desarrollo local y regional, tanto desde una perspectiva teórica como utilizando ejemplos de América Latina. Pone de relieve que la ...
    • Decentralization and access to social services in Colombia 

      Faguet, Jean-Paul; Sánchez, Fabio (CAF; Caracas, 2009)
      A central claim in favor of decentralization is that it will improve access to public services, but few studies examine this question empirically. This paper explores the effects of decentralization to access to health and ...
    • Decisiones laborales en América Latina: el caso de los emprendedores 

      Gluzmann, Pablo; Jaume, David; Gasparini, Leonardo (CAF; Caracas, 2012)
      Los países de América Latina han experimentado fuertes transformaciones en sus mercados laborales, las cuales han tenido consecuencias en términos sociales y productivos. Analizar al mercado laboral, y en particular a las ...
    • Deterrence and reciprocity effects on tax compliance: experimental evidence from Venezuela 

      Ortega, Daniel; Sanguinetti, Pablo (CAF; Caracas, 2013)
      A recent debate on tax compliance asks whether enforcement mechanisms can be complemented, or even substituted by appeals to the taxpayer’s tax morality: his or her intrinsic willingness to pay taxes, motivated by purely ...