Search
Now showing items 1-10 of 159
Corruption, Custom Reform and Firm Growth: Quasi-Experimental Evidence from Colombia
(CAF, 2017-11-15)
Customs are often prone to corruption because it concentrates a lot of discretionary power in the hand of custom agents who take decisions with high economic stakes for the firms, providing an opportunity for custom agents ...
Financial Frictions, Trade, and Misallocation
(CAF, 2017-10-07)
We investigate the extent to which financial frictions shape the aggregate effects of a trade liberalization through their impact on aggregate total factor productivity (TFP) and capital misallocation. We study a small ...
Occupational Choice and Investments in Human Capital in Informal Economies
(CAF, 2017-12-12)
Countries di er greatly in their levels of schooling and also in their rates of entrepreneurship. At the same time, the share of the so-called \shadow economy" -informal economic activities- is very large in some countries ...
The distortionary effect of size and factor dependent policies: The role of factor substitutability in measuring the impact of a child-care subsidy policy in Chile
(CAF, 2017-04-04)
In an effort to increase female labor participation in Chile, firms with more than 19 women must pay for childcare for the children of their female employees. We evaluate the effects of such policy using a model that ...
On the middle 70%. The impact of fiscal policy on the emerging middle class in Latin America using Commitment to Equity
(CAF, 2017-08-05)
This paper analyzes the effects of indirect and direct taxes, as well as monetary and in-kind transfers on the income distribution in nine Latin American countries applying the CEQ methodology and using household and ...
El desafío del desarrollo de habilidades en América Latina. Un diagnóstico de los problemas y soluciones de política pública
(Diálogo Interamericano, Mathematica Policy Research, CAF, 2016-10-31)
La historia de América Latina se ha caracterizado por sus fluctuantes tasas de crecimiento económico, el desarrollo insuficiente del capital humano y altos niveles de desigualdad de ingresos. El final del ciclo
de una ...
Crecimiento verde en el sector energético y sus efectos en el desempeño económico general: desarrollo y aplicación de un modelo híbrido para Colombia
(CAF, 2017-07-01)
El cambio climático es uno de los mayores retos de la actualidad, siendo un tema de primera línea para los países y gobiernos comprometidos con generar políticas, materializadas en estrategias de desarrollo compatible con ...
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 ...
The Life-cycle Growth of Plants in Colombia: Fundamentals vs. Distortions
(CAF, 2017-10-05)
We take advantage of rich microdata on Colombian manufacturing establishments to decompose growth over an establishment’s life cycle into that attributable to fundamental sources of idiosyncratic growth ̶ physical productivity, ...
Rules vs. Discretion in Public Service: Teacher Hiring in Mexico
(CAF, 2017-08-18)
In this paper, I use a unique empirical setting that allows me to compare the performance of teachers hired in a discretionary process led by the teachers’ union in Mexico with the performance of those hired on the basis ...