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El tamaño del estado y su impacto redistributivo en América Latina
(CAF, 2011)
Este ensayo analiza la evolución del gasto público en América Latina a lo largo de las dos últimas décadas, y ofrece como referencia una perspectiva de más larga duración cuando la disponibilidad de estadísticas lo permite. ...
Patrones de desarrollo en América Latina: ¿convergencia o caída en la trampa del ingreso medio?
(CAF, 2012)
América Latina cuenta con el mayor número de países de ingreso medio del mundo, sin embargo, durante la mayor parte del siglo XX las tasas de crecimiento per cápita de los países de la región fueron inferiores a aquellas ...
The economics of tax evasion
(CAF, 2011)
This paper begins by reviewing the problem of tax evasion measurement. Based on available data, I conclude that this problem is far from being negligible, both for developed and developing countries. I also present in more ...
Development effects of electrification: evidence from the geologic placement of hydropower plants in Brazil
(CAF, 2011)
We estimate the development effects of electrification across Brazil over the period 1960-2000. Brazil relies almost exclusively on hydropower, which requires intercepting water at high velocity. We build an engineering ...
What do non-renewable natural resource rich countries do with their rents?
(CAF, 2011)
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 ...
Can a Mining Windfall Improve Welfare? Evidence from Peru with Municipal Level Data
(CAF, 2012)
In this paper we investigate whether fiscal performance is affected by the presence of natural resource revenues. We compare policy outcomes from mineral-abundant municipalities and non mineral-abundant municipalities in ...
Oil abundance and growth
(CAF, 2010)
The aim of this paper is to investigate the following questions: Is an abundance of oil, a curse or a blessing? What are the effects of oil abundance on growth and economic development, as seen in the level of income per ...
Criminal Dominance and Campaign Concentration
(CAF, 2019-01-1)
There are many journalistic and anecdotal accounts about the prevalence of electoral corrals in Brazil, geographic areas where brokers, politicians, or community leaders influence residents to vote for a specific candidate. ...
Information sharing and access to finance of SMEs: cross country evidence from survey data
(CAF, 2010)
Using a survey of firms in 61 countries around the world (WBES) and econometric techniques that allow us to deal with observed and unobserved country specific components as well as with partial endogeneity, we explore the ...
State formation, tax structures and mineral abundance Chile and Peru, 1850-1930s
(CAF, 2010)
The paper assesses the impact of natural resource abundance on state formation by looking at how tax structures responded to booming periods in the early ages of the Chilean and Peruvian republic, 1850-1930s. The paper ...