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-employee and firm-to-firm transactions data from Chile. Counterfactual simulations using our estimated model show that …
Persistent link: https://www.econbiz.de/10012482640
This paper quantifies the direct impact of taxes on income distribution at the household level in Chile and estimates … redistribution through progressivity of the tax system is rather limited. By contrast, for parameter values observed in Chile, and …
Persistent link: https://www.econbiz.de/10012471983
Persistent link: https://www.econbiz.de/10000645265
We introduce a new method for conditioning out serially correlated unobserved shocks to the production technology by building ideas first developed in Olley and Pakes (1996). Olley and Pakes show how to use investment to control for correlation between input levels and the unobserved...
Persistent link: https://www.econbiz.de/10012470924
the type Chile implemented throughout most of the 1990s reduce a country's vulnerability to contagion. I also deal, albeit … presented in this paper shows that the effectiveness of Chile's controls on inflows has often been overstated. Indeed, Chile was …
Persistent link: https://www.econbiz.de/10012470949
better economic environment. In this paper I review these sources through the recent experiences of Argentina, Chile and …
Persistent link: https://www.econbiz.de/10012470968
This paper deals with the reform to labor market regulation implemented by Chile during the last twenty years. We … taxes. Our interest is to understand to what extent these reforms helped reduce Chile's rate of unemployment from European …
Persistent link: https://www.econbiz.de/10012471121
This paper analyzes the effectiveness of capital controls, in particular the Chilean experience with the use of the unremunerated reserve requirement. We examine the effects on interest rates, real exchange rate, and the volume and composition of capital inflows. The effects are elusive and it...
Persistent link: https://www.econbiz.de/10012471122
-based controls on inflows - similar to those implemented by Chile - have the potential for lengthening the maturity of foreign debt …
Persistent link: https://www.econbiz.de/10012471368
and money illusion, and evidence from countries (notably Chile) that have created indexed units of account, suggests that …
Persistent link: https://www.econbiz.de/10012471627