How do improvements in the urban transport infrastructure affect the spatial sorting of residents with different levels of in-come and education within a city? What are the welfare effects of improving urban transit once ...

We study how countries choose intra-bloc tariffs and preferential margins in Preferential Trade Agreements (PTAs). Our model indicates that countries should set systematically lower prefer-ential margins when the bloc takes ...

Investing in human capital requires, among others, access and capacity to process information. This paper focuses on understanding the role of expected returns to education in determining schooling decisions. Using data ...

Deforestation is a matter of pressing global concern, contributing to declining ecosystem services, biodiversity loss, and ultimately climate change through growing emissions. We evaluate the effect of assigning property ...

The features of electoral systems can affect electoral outcomes even for fixed societal preferences. We analyze a quasi-experiment around a staggered change from a paper ballot to an electronic ballot system, which reduces ...

Does transit infrastructure reduce labor market power? This paper estimates the effects of a large subway expansion on local labor market outcomes in Santiago, Chile. Using a linked employer-employee dataset with spatial ...

Protected areas (PAs), which restrict economic activities, are the leading land and marine policy for ecosystem conservation. Most contexts feature different types of protection that vary in their stringency of management. ...

We propose a new model of a small open economy with efficient energy use to investigate the inflationary dynamics along the green transition. The model incorporates the production of green energy that substitutes exogenous ...

We study the impact of the unemployment rate at the time of labor market entrance on the labor outcomes of individuals of different social origin in 18 Latin American countries. Higher unemployment increases the probability ...

We study the effect of weather shocks on legal and illegal migration from rural Mexico to the US. First, we find that shocks in the wet season on precipitation and temperature increase migration. The increment is entirely ...