This paper provides new evidence on the impacts of trade reforms on wages. We first introduce a model of trade that combines a non-competitive wage setting mechanism due to unions with a factor abundance hypothesis. The predictions of the model are then econometrically investigated using...

Using a quarterly dataset of 185 listed firms in six Latin American countries between 1993 and 2009 we find that leverage is positively related to tangibility, firm size and the market to book ratio, and negatively related to profitability. The average cost of debt is negatively related with...

We use 292 household surveys from 18 Latin American countries to document patterns in secondary school graduation rates over the period 1990-2010. We find that enrollment and graduation rates increased during that period while dropout rates decreased. We provide two types of explanations for...

El presente trabajo mide las diferencias en la distribución salarial de individuos ocupados en el sector público y privado de Argentina en los años 1993 y 2003. Luego de analizar diversas alternativas metodológicas que permiten estimar la prima salarial del sector público se optó por...

This paper provides evidence on the incidence of poverty among the elderly in Latin America and the Caribbean, based on household survey microdata from 20 countries. The situation of older people is characterized in terms of income, employment, education, health and access to services vis-à-vis...

This paper discusses the use of aggregate and microeconometric decompositions to compare benefit-incidence results over time and across regions. Decompositions are applied to explore changes in targeting in health policies directed to pregnant women and children under 4 in Argentina. The results...