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Greenflation: The cost of the green transition in small open economies
(2022-12-28)
We propose a new model of a small open economy with efficient energy use to investigate the inflationary dynamics along the green transition. The model incorporates the production of green energy that substitutes exogenous ...
Illegal Migration and Weather Shocks: Evidence from Rural Mexico
(2022-12-28)
We study the effect of weather shocks on legal and illegal migration from rural Mexico to the US. First, we find that shocks in the wet season on precipitation and temperature increase migration. The increment is entirely ...
Deforestation, Institutions, and Property Rights: Evidence from land titling to indigenous peoples and local communities in Ecuador
(2022-12-21)
Deforestation is a matter of pressing global concern, contributing to declining ecosystem services, biodiversity loss, and ultimately climate change through growing emissions. We evaluate the effect of assigning property ...
The role of unwanted childbirths on female wages and education
(2022-12-21)
This paper documents how unwanted childbirths relate to women’s education and wages. Unwanted childbirths, especially early in life, can affect women’s education and labor market decisions. Using data from the National ...
Comparing Protection Types in The Peruvian Amazon: Multiple-Use Protected Areas Did No Worse for Forests
(2022-12-20)
Protected areas (PAs), which restrict economic activities, are the leading land and marine policy for ecosystem conservation. Most contexts feature different types of protection that vary in their stringency of management. ...
Lasting Scars: The Unequal Impacts of Unemployment in Latin America
(2022-12-13)
We study the impact of the unemployment rate at the time of labor market entrance on the labor outcomes of individuals of different social origin in 18 Latin American countries. Higher unemployment increases the probability ...
Asymmetric Effects of Trade and FDI: The Role of Country Size and Bridge Multinational Production
(2022-12-13)
Total gains from openness come through three channels: (i) trade, (ii) domestic multinational production (DMP), and (iii) bridge multinational production (BMP). We develop a quantitative theory to measure the effects of ...
Cuaderno del Desarrollo 05 - Recomendaciones éticas para la inteligencia artificial
(2022-12)
En el marco del Diplomado de Gobernabilidad e Innovación Pública para Líderes y Lideresas de América Latina y el Caribe organizado y dictado por CAF, en conjunto con dieciséis universidades de la región, se imparten doce ...
The Effect of Split-Ticket Voting Cost on Electoral Enfranchisement
(2022-12)
The features of electoral systems can affect electoral outcomes even for fixed societal preferences. We analyze a quasi-experiment around a staggered change from a paper ballot to an electronic ballot system, which reduces ...
Importaciones para exportar y cadenas de valor en Argentina y Uruguay
(CAF, 2022-11-10)
Las importaciones forman parte del mix de insumos que utilizan en su producción las empresas exportadoras. A partir de registros aduaneros este artículo analiza el rol que tuvieron los programas de importación temporal en ...