This verdict shows that there is still needed improvement, particularly regarding punishing collusive practices. Claudio A. Agostini, Eduardo Saavedra, & Manuel Willington, Alberto Hurtado University

Before 1978, most of the domestic copper production in the US and an important share of imports were traded at a price set by the major US producers. At the same time, the rest of the world was trading copper at prices determined in auction markets. This two-price system ended in 1978, when the...

Summary Despite two decades of rapid growth, indigenous Chileans are reported to face high poverty rates. However, non-representative surveys provide imprecise estimates of income, so quantifying poverty and inequality has been difficult. This paper estimates poverty and inequality using poverty...

This article examines the effects of state corporate income taxes on the location of foreign direct investment in the United States, taking into account the endogeneity of taxes and the outside options of investors. States have a set of characteristics that influence investors' decisions; some...

This article both theoretically and empirically addresses how a vertical structure in the motion pictures industry determines the number of prints a distributor releases of a new film. A simple theoretical model shows that the optimal number of copies is increasing on the expected demand for the...