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Mostrando ítems 11-20 de 34
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 ...
The Effect of the Minimum Wage on Employment in Brazil
(CAF, 2017-10-16)
During the economic boom of the early 2000s, most Latin American countries increased their minimum wages. In Brazil, the real minimum wage increased by upwards of 60 percent from 2003 through 2012. In this paper, we take ...
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 ...
Financial Frictions, Trade, and Misallocation
(CAF, 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 ...
The Life-cycle Growth of Plants in Colombia: Fundamentals vs. Distortions
(CAF, 2017-10-05)
We take advantage of rich microdata on Colombian manufacturing establishments to decompose growth over an establishment’s life cycle into that attributable to fundamental sources of idiosyncratic growth ̶ physical productivity, ...
Education, signaling and the allocation of entrepreneurial skills
(CAF, 2017-10-02)
We assess the allocative importance of education when workers can choose to self-employ. To do so, we build a model combining educational choices with the labor market and selfemployment. Education can increase workers' ...
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 ...
Rules vs. Discretion in Public Service: Teacher Hiring in Mexico
(CAF, 2017-08-18)
In this paper, I use a unique empirical setting that allows me to compare the performance of teachers hired in a discretionary process led by the teachers’ union in Mexico with the performance of those hired on the basis ...
Taking One for the Team: Shocks at Destination and Households' Supply of Migrants
(CAF, 2017-08-9)
We study how unemployment shocks in the United States affect Mexican households’ migration decisions. We emphasize households at origin (as op-posed to individuals) as the decisionmaking units for migration decisions. We ...
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 ...