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Del dato administrativo de firmas al dato estadístico: desafíos a vencer en América Latina
(CAF, 2018-10-20)
El diseño, la implementación y la evaluación de las políticas públicas para el fomento de la productividad requieren cada vez más información estadística oportuna y de calidad. En los últimos veinte años, y especialmente ...
Microdatos para el estudio de la productividad en América Latina
(CAF, 2018-07)
La creciente disponibilidad de microdatos empresariales ha permitido a los investigadores indagar sobre el papel que la heterogeneidad entre las empresas o establecimientos productivos juega para explicar la productividad ...
Money can buy me life. The Effect of a Basic Pension on Mortality: a Regression Discontinuity Design
(2018-06-12)
This paper estimates the effect of a permanent income increase for the elderly on their health outcomes. Our regression discontinuity design exploits an eligibility cutoff in a Chilean basic pension program that grants ...
Evaluación de políticas públicas de apoyo a la innovación sobre la productividad de las empresas manufactureras y de servicios en Colombia
(CAF, 2017-12-01)
La presente investigación tiene como objetivo analizar el efecto de los instrumentos de apoyo público a la innovación sobre el desempeño productivo y la inversión en innovación de las empresas manufactureras y de servicios ...
Input-output linkages and sector-specific distortions in the Latin American development problem
(CAF, 2017-11-03)
In this paper, I analyze the Latin American development problem using a model with input-output linkages, sectorial productivity gaps, and sector-specific distortions. I provide a characterization of the sectorial linkages ...
The Effect of the Minimum Wage on Employment in Brazil
(CAF, 2017-10-16)
During the economic boom of the early 2000s, most Latin American countries increased their minimum wages. In Brazil, the real minimum wage increased by upwards of 60 percent from 2003 through 2012. In this paper, we take ...
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 ...
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, ...
Education, signaling and the allocation of entrepreneurial skills
(CAF, 2017-10-02)
We assess the allocative importance of education when workers can choose to self-employ. To do so, we build a model combining educational choices with the labor market and selfemployment. Education can increase workers' ...
Trade Integration in Colombia: A Dynamic General Equilibrium Study with New Exporter Dynamics
(CAF, 2017-08-01)
We study Colombia’s trade integration over a 30 year period through the lens of GE model in which non-exporters have access to a risky exporting technology and exporters must invest in accumulating a better exporting ...