Despite uncertainties in the global economy, Latin American countries have attracted a significant amount of Foreign Direct Investment (FDI) in recent years. Investing in Latin America is now a central pillar of many ...

El desarrollo de los países latinoamericanos, particularmente en las últimas décadas, ha sido errático e insuficiente. Medido por diversos índices, América Latina ha venido perdiendo relevancia en el mundo y muy especialmente ...

In this paper we analyze the relationship between skills and some outcomes later in life for a population of premature children. Pretreatment skills and characteristics are good predictors of childhood and adulthood skills ...

We assess the importance education as a signal of workers skills and the e¤ects of poor signaling quality on labor market outcomes. We do so by merging a frictional labor market model with a signaling setup where there is ...

In November 2008, Colombian authorities dismantled a network of Ponzi schemes, making hundreds of thousands of investors lose tens of millions of dollars throughout the country. Using original data on the geographical ...

This paper investigates whether lowering the cost of divorce can reduce domestic violence. The cost of divorce influences the bargaining position of spouses, and thus, their behavior within the marriage. This study takes ...

We analyze the relationship between urban sprawl and changing patterns of inequality and segregation in metropolitan areas of Argentina. The existing literature has endeavored to study the determinants of the expansion of ...

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 ...

What is the impact of trade liberalization and economic integration on the geographical distribution of economic activities? To address this question the present paper proposes a conceptual framework based on recent ...

This paper explores testable implications of a simple model of spatial heterogeneity in earnings, a model in which this spatial heterogeneity arises both from differences in the places that people work and differences among ...