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Mostrando ítems 11-14 de 14
Capital Specificity, the Distribution of Marginal Products and Aggregate Productivity
(CAF, 2017-05-08)
This paper studies the role of capital specificity and investment irreversibility on the distribution of marginal products of capital and aggregate TFP. We use a methodology new to the misallocation literature, based on ...
A Taxonomy of Colombia’s Informal Labor Market
(2016)
A taxonomy of the informal labor market is extremely important to understand and handle informality, particularly in a country as Colombia where this phenomenon is large and heterogeneous. As we will argue in this paper, ...
Ensayo sobre una política alternativa para el desarrollo latinoamericano
(CAF, 2015-06-10)
El desarrollo de los países latinoamericanos, particularmente en las últimas décadas, ha sido errático e insuficiente. Medido por diversos índices, América Latina ha venido perdiendo relevancia en el mundo y muy especialmente ...
People or places: the causes of spatial income differences in Brazil
(CAF, 2010)
This paper explores testable implications of a simple model of spatial heterogeneity in earnings, a model in which this spatial heterogeneity arises both from differences in the places that people work and differences among ...