Browsing 6.1 Documentos de trabajo en investigación socioeconómica by Subject "Finanzas"
Now showing items 1-6 of 6
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Asymmetric Effects of Trade and FDI: The Role of Country Size and Bridge Multinational Production
(2022-12-13)Total gains from openness come through three channels: (i) trade, (ii) domestic multinational production (DMP), and (iii) bridge multinational production (BMP). We develop a quantitative theory to measure the effects of ... -
Financial Frictions, Trade, and Misallocation
(CAF; Buenos Aires, 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 ... -
Human Capital and Financial Development: Firm-Level Interactions and Macroeconomic Implications
(CAF; Caracas, 2019-12-04)Capital-skill complementarity in production implies non-trivial interactions between availability of human capital and financial constraints. Firms that are constrained in their access to finance hire a lower proportion ... -
Impact evaluation of innovation policy in Brazil
(Caracas, 2018-10-22)This paper aims to assess the innovation policy in Brazil after the edition of the innovation law, in 2004, and the fiscal subsidies to innovation law, in 2005. We use data from the Brazilian Innovation Survey and from the ... -
Optimal age-dependent taxation in emerging markets: A quantitative assessment
(CAF; Caracas, 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 ... -
Savings Groups Reduce Vulberability but have Mixed Effect on Financial Inclusion
(CAF; Caracas, 2021-01-08)This paper evaluates the impact of the introduction of savings groups on poverty, vulnerability, and financial inclusion outcomes in rural Peru. Using a cluster randomized control trial and relying on both survey and ...
