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The Effect of the Kangaroo Mother Care Program (KMC) on Wages: A structural Model
(CAF, 2016-04-14)
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 ...
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 ...
The impact of the minimum wage on the destruction and creation of products
(CAF, 2017-12-06)
We study the impact of changes in the legal minimum wage on the creation and destruction of products at the firm level. This can be a relevant way for increasing firm productivity and for explaining why the raises in the ...
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 ...
The Effect of the Increasing Demand for Elite Schools on Stratification
(CAF, 2017-05-31)
I use detailed applications data to document a case in which, contrary to prevailing concerns, increasing school stratification by ability co-existed with stable stratification by family income: Mexico City public high ...
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 ...
Optimal age-dependent taxation in emerging markets: A quantitative assessment
(CAF, 2019-12-29)
This paper studies the design and welfare implications of an optimal age-dependent taxation scheme for an emerging economy. The setting is an overlapping generations economy with uninsured productivity risk, partially ...
What explains output recoveries in developing and emerging market economies after the global financial crisis?
(CAF, 2017-09-26)
This paper presents a systematic assessment of the macroeconomic factors associated with differences in GDP dynamics in emerging markets in the aftermath of the global financial crisis. We implement a Bayesian Model ...
Informality and Productivity: The Role of Unemployment Insurance Schemes
(CAF, 2017-02-22)
We study the design of optimal unemployment protection schemes to evaluate its impact on labor markets, welfare and productivity. We consider a life-cycle economies with formal and informal labor markets, unobservable ...
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 ...