The aim of this paper is to evaluate the impact that the anti-crime program Comuna Segura: Compromiso 100 had on the reporting rate of different types of crimes. This program implemented in Chile from 2001 was very much criticized, and therefore was eliminated in the year 2006. This report...

The Chilean Electronic Market for Annuities was created in 2004 in order to correct several malfunctions of the market for annuities. The Chilean Pension System is composed of two phases. On the accumulation phase, savings are collected and managed by asset managers. The payout phase consists in...

We analyze whether changes in external macroeconomic conditions are associated with changes in the dynamics of risk and changes in the degree of informativeness of the price system for the Chilean economy. By focusing our analysis in Chile, we hope to isolate the effect of external macroeconomic...

El propósito de este estudio es aportar información para políticas públicas tendientes a fortalecer el proceso de elección de establecimientos educativos, por parte de los padres. Para ello, se determina la utilidad que aportan los distintos atributos de la escuela en dicha elección y se...

In vertical relationships in which manufacturers and retailers bargain over a volatile surplus, negotiated wholesale prices determine both payoffs and risk-exposure. We use actual wholesale prices to study the profit-sharing and risk-sharing behavior of manufacturers and retailers in the coffee...