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The Political Economy of Slum Growth: Evidence from Brazil
(2023)
One-fourth of the world’s urban population lives in slums and the number of slum residents grew from 650 million in 1990 to 1 billion in 2018. Existing explanations for slum growth focus on rural-urban migration and poverty. ...
Educational Mobility Across Three Generations in Latin American Countries
(CAF, 2023-07-27)
This paper presents new evidence on educational mobility across
three generations in six Latin American countries (LAC). Combining survey information with national census data we build a
data set with 50,000 triads of ...
Learning About Opportunity: Spillovers of Elite School Admissions in Peru
(CAF, 2021-03-29)
This paper studies how the admission of a student to an elite school changes the schooling outcomes of younger cohorts in the student’s origin school in Peru. Using a sharp regression discontinuity design, the analysis ...
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 ...
The Causes and Consequences of the Spatial Organization of Agriculture in Brazil
(CAF, 2017-10-10)
Why are there vast differences in agricultural activity across space? How do these differences shape the aggregate impact of agricultural shocks? To address these questions, I build a quantitative general equilibrium model ...
Bimodal Transport Infrastructure and Regional Development: Evidence from Argentina, 1960 - 1991
(CAF, 2021-04-13)
We estimate the impact of railroad and road infrastructure on local economic development through the study of massive transport infrastructure changes in Argentina. Following a World Bank study, 10,000 kilometers of railroads ...
Financial Frictions, Occupational Choice and Economic Inequality
(CAF, 2012-12-10)
We develop a quantitative theory of entrepreneurship, income inequality, and financial frictions disciplined with household data from Brazil. The theory extends Lucas (1978) by modeling heterogeneity in two skills: -working ...
Capital Specificity, the Distribution of Marginal Products and Aggregate Productivity
(CAF, 2017-05-08)
This paper studies the role of capital specificity and investment irreversibility on the distribution of marginal products of capital and aggregate TFP. We use a methodology new to the misallocation literature, based on ...
Impact evaluation of innovation policy in Brazil
(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 ...
Waits and Delays in Road Freight Transport
(CAF, 2021-05-06)
This paper studies waits and delays in the trucking industry of a developing country: Colombia. We follow 186,000 longhaul trips over 926 routes between 2015 and 2019, using GPS devices located in trucks. We find that ...