• Capital Controls and Firm Performance: The Effects of the Chilean Encaje 

      Andreasen, Eugenia; Bauducco, Sofía; Dardati, Evangelina (CAF; Santiago de Chile, 2017-11-30)
      This paper studies the effects of the capital controls imposed by Chile between 1991 and 1998, i.e. the Chilean encaje, on firms' production, investment and exporting decisions. We use a general equilibrium model with ...
    • Gender Gaps in Labor Informality: The Motherhood Effect 

      Berniell, Inés; Berniell, Lucila; de la Mata, Dolores; Edo, María; Marchionni, Mariana (CAF; Caracas, 2020-12-15)
      We estimate the short- and long-run labor market impacts of parenthood in a developing country, Chile, based on an eventstudy approach around the birth of the first child. We assess mechanisms behind these effects based ...
    • Programas de Financiamiento Productivo a pymes, acceso al crédito y desempeño de las firmas: Evidencia de Argentina 

      Butler, Inés; Guiñazu, Sebastián; Giuliodori, David; Martinez Correa, Julián; Rodriguez, Alejandro; Tacsir, Ezequiel (CAF; Buenos Aires, 2017-11-30)
      En Argentina se han implementado, en los últimos años, un importante abanico de políticas de financiamiento público hacia las micro, pequeñas y medianas empresas. Sin embargo, hasta el momento, no se han realizado trabajos ...
    • The effect of high dismissal protection on bureaucratic turnover and productivity 

      Estrada, Ricardo; Lombardi, María (CAF; Caracas, 2022-06-22)
      This paper studies the impact of high dismissal protection on bureaucratic turnover and productivity in the context of public school teachers in Chile. We take advantage of a law that required education administrators ...
    • The impact of the minimum wage on the destruction and creation of products 

      Álvarez, Roberto; Navarro, Lucas (CAF; Santiago de Chile, 2017-12-06)
      We study the impact of changes in the legal minimum wage on the creation and destruction of products at the firm level. This can be a relevant way for increasing firm productivity and for explaining why the raises in the ...