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Tax structure in Latin America: its impact on the real economy and compliance
(CAF, 2011)
In this paper we review the structure of tax systems in Latin America and analyze their impact on the real economy-- economic growth, macro-economic stability, income redistribution and foreign direct investment--, and on ...
Development effects of electrification: evidence from the geologic placement of hydropower plants in Brazil
(CAF, 2011)
We estimate the development effects of electrification across Brazil over the period 1960-2000. Brazil relies almost exclusively on hydropower, which requires intercepting water at high velocity. We build an engineering ...
What do non-renewable natural resource rich countries do with their rents?
(CAF, 2011)
This paper examines three sets of questions related to the use of non-renewable natural resource rents: (1) To what extent countries rich in non-renewable natural resources use such rents to increase present consumption ...
Acceso al financiamiento de la pequeña y mediana empresa en Colombia: retos de política pública
(CAF, 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 ...
Training or technical assistance? A field experiment to learn what works to increase managerial capital for female microentrepeneurs
(CAF, 2011)
This study evaluates the impacts of a business training program serving female microentrepreneurs in Lima that have previously benefited with the titling of their urban parcels. The intervention included personal development, ...
Government performance, taxation and citizen participation: evidence from Brazil
(CAF, 2011)
Fiscal contract theories of the state hypothesize that government performance affects tax collection and that institutions that foster representation and accountability link taxes and services. These propositions have yet ...
Credit Constraints for Higher Education
(CAF, 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 ...
Efectos dinámicos de los precios de las materias primas en las posiciones fiscales de América Latina
(CAF, 2010)
El último episodio de auge y caída en los precios de las materias primas ha generado preocupación acerca del impacto de precios volátiles en las posiciones fiscales de los países de América Latina. Este trabajo, usando una ...
Banking Services Supply and Micro Firm Performance: Evidence from Colombia
(CAF, 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 ...
Oil abundance and growth
(CAF, 2010)
The aim of this paper is to investigate the following questions: Is an abundance of oil, a curse or a blessing? What are the effects of oil abundance on growth and economic development, as seen in the level of income per ...