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Las pymes en América Latina y el Caribe
(CAF- banco de desarrollo de América Latina y el Caribe, 2023-09)
Las matrices empresariales de América Latina y el Caribe cuentan con una alta representatividad de empresas pequeñas y medianas (pymes), tal como ocurre también en otras regiones del planeta. No obstante, estas empresas ...
The Political Economy of Slum Growth: Evidence from Brazil
(2023)
One-fourth of the world’s urban population lives in slums and the number of slum residents grew from 650 million in 1990 to 1 billion in 2018. Existing explanations for slum growth focus on rural-urban migration and poverty. ...
Nota de Productividad Perú: Productividad es la clave para retomar la senda de crecimiento
(CAF, 2022-09-12)
Perú es un país de ingreso medio alto que se expandió aceleradamente en las últimas dos décadas. No obstante, en el último quinquenio, se evidenció una desaceleración del crecimiento, tras el fin del super ciclo de materias ...
Intra-bloc tariffs and preferential margins in trade agreements
(CAF, 2022-07-11)
We study how countries choose intra-bloc tariffs and preferential margins in Preferential Trade Agreements (PTAs). Our model indicates that countries should set systematically lower prefer-ential margins when the bloc takes ...
How infrastructure shapes comparative advantage
(CAF, 2022-06-30)
This paper provides evidence that domestic trade costs are a source of comparative advantage. First, I build an international trade and internal geography model with transportation features and input-output linkages. Then, ...
Roads illuminate development: Using nightlight luminosity to assess the impact of transport infrastructure
(CAF, 2022-06-14)
The research aims to evaluate the impact of paved major roads on economic growth at the municipal level in Bolivia, Paraguay and Ecuador. Due to the absence of municipal information, pub-licly available satellite data are ...
Wealth in Latin America
(CAF, 2022-05-16)
This paper presents harmonized indicators for household wealth, its components, and its determinants (including intergenerational mobility) in four Latin American countries (Chile, Colombia, Mexico and Uruguay), using Spain ...
Nota de Productividad Brasil: El desafío de aumentar la productividad de la economía brasileña
(CAF, 2022-04-29)
La economía brasileña presenta un problema crónico de bajo crecimiento. Desde la época del milagro económico en los años setenta el Producto Interno Bruto no ha logrado marcar una senda de crecimiento sostenido. Aunque en ...
Intergenerational earnings mobility and macroeconomic shocks: Evidence based on administrative records
(CAF, 2022-04-26)
This paper provides novel evidence on trends in intergenerational earnings mobility in a developing country and explores some transmission mechanisms associated with the characteristics of the labor market. Using a novel ...
Motherhood and the Allocation of Talent
(CAF, 2021-12-29)
In this paper we show that motherhood triggers changes in the allocation of talent in the labor market beyond the well-known effects on gender gaps in employment and earnings. We use an event study approach with retrospective ...