The apathy for electoral and political participation in Latin America shows an increasing trend that deserves the scholar community's attention. In this sense, this paper models the voter registration decision in a mandatory voting system that includes the margin of victory as a potential...

This paper proposes a theoretical model for the decision of voter registration, which recovers the classical notion that democracy is a public good. The solution of the citizen's problem implies three types of Nash equilibrium (null, partial, and full enrollment), where the real cost for voter...

This paper analyzes the response of the stock market returns to monetary policy decisions by the Central Bank of Chile. It adopts the event-study methodology in order to gauge the influence of anticipated and unanticipated changes in the Chilean monetary policy interest rate (TPM), decided in...

Youth voter registration is a worldwide phenomenon that exhibits a marked decline over the last two decades. On this basis, this article presents evidence regarding those factors that determine the voter registration of Chilean youth, in particular, the inhabitants of Bio Bio region. The...

In this paper we analize the consistency of financial indexes and the ordering of investments based on the mean-variance and the stochastic dominance (SD) approaches. We take 47 mutual funds from the Chilean financial market in order to compute several algorithms that enable us to verify...

This paper analyzes the cyclical behavior of production and unemployment at regional level, using Chilean quarterly data which spans between 1986:Q1 and 2005:Q4. Once the data set is characterized, it proceeds to modeling the cyclical performance of regional unemployment using auto regressive...

In this paper we assess the ability of a cash-in-advance model to replicate the behavior of the macroeconomic variables of the Chilean economy for quarterly data spanning between Q1:1986 and Q1:2000. The monetary models that we studied are able to replicate the phase shift and correlation with...