Los estudios empíricos que tratan sobre la participación laboral en Colombia muestran que épocas de poco crecimiento económico o recesión aumenta el número de trabajadores secundarios (niños o amas de casa) que deciden ofrecer su fuerza de trabajo. Los hogares más vulnerables a esta...

This paper analyses the effect of soliciting a rating on the rating outcome of banks. This type of analysis sheds light on an important policy question, namely whether there is a difference in treatment between banks which request a rating and those which do not. Using a sample of Asian banks...

This paper develops a partial equilibrium model to account for stylized facts about the behavior of oligarchs, politically and economically strong conglomerates in transition and developing countries. The model predicts that oligarchs are more likely than other owners to invest in productivity...