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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 ...
Educación técnico vocacional post-secundaria: Lecciones, desafíos y recomendaciones para América Latina
(Diálogo Interamericano, CAF, 2016-09-15)
Las notas técnicas proporcionan resúmenes analíticos de temas fundamentales en el campo de la política educativa. Esta nota examina la educación técnica vocacional al nivel post-secundario, revisando experiencias de los ...
Encuestas de movilidad, oportunidades, dilemas técnicos, institucionales y de política pública. El caso de la encuesta de movilidad del área metropolitana de Montevideo
(CAF, 2016-11-11)
Las encuestas de movilidad juegan un rol central para la planificación de los sistemas de movilidad urbana. Tienen por tanto una incidencia significativa en una de las políticas urbanas con mayor trascendencia en la vida ...
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 ...
Public expenditures and debt at the subnational level: Evidence of fiscal smoothing from Argentina
(CAF, 2017-01-30)
This paper uses the particular features of the tax-sharing regime Coparticipación Federal de Impuestos and the fact that some provinces earn hydrocarbon royalties to investigate public expenditures and debt at the subnational ...
Are Taxes Credits Effective in Developing Countries? The Recent Uruguayan Experience
(CAF, 2017-05-17)
Investment promotion through tax incentives has been a key component of the growth strategies pursued in Uruguay by the last three administrations. A new regime was established, regulated by the Executive Decree 455, which ...
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 ...