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Uruguay ha asistido a una disminución de las tasas de fecundidad y a un aumento de la actividad femenina y de los niveles educativos de la población, al igual que la gran mayoría de los países en el correr del siglo. Este estudio aborda estos cambios desde la perspectiva de las decisiones de...
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This paper uses a transaction-costs framework to link the policymaking process (PMP) and the outer features of public policies in Mexico. It shows how a highly secretive PMP, centralized around the presidency, fashioned nationalist policies that were stable, adaptable, coordinated and...
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quantifying the impact of uncertainty on macroeconomic dynamics. This paper studies the interrelation between financial markets …
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A prerequisite for the adoption of redistributive policies in a democracy is that there be elected representatives who are either committed to or who have an incentive to advocate for such policies. To evaluate the prospects of such an outcome, this paper develops a theory exploring two...
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