Showing 41 - 50 of 618
In 1981, Chile introduced nationwide school choice by providing vouchers to any student wishing to attend private …
Persistent link: https://www.econbiz.de/10012468690
Chile from 1991-98. Previous empirical assessments of the encaje conclude that it may have generated some small economic … of small and medium-sized companies in Chile, however, claim that the encaje made it substantially more difficult to …-equation framework. Results indicate that during the encaje, smaller traded firms in Chile experienced significant financial constraints …
Persistent link: https://www.econbiz.de/10012468929
unemployment. Results from simulation exercises suggest that in the case of Chile the reforms resulted in an increase in informal … the reduction of Chile's aggregate of unemployment …
Persistent link: https://www.econbiz.de/10012469790
Both Chile and Mexico experienced severe economic crises in the early 1980s, but Chile recovered much faster than did … of this difference between the two countries was the faster productivity growth in Chile, rather than higher investment … or employment. Our hypothesis is that this difference in productivity was driven by earlier policy reforms in Chile, the …
Persistent link: https://www.econbiz.de/10012469822
It has become increasingly common to allocate highway franchises to the bidder that offers to charge the lowest toll. Often, building a highway increases the value of land held by a small group of developers, an effect that is more pronounced with lower tolls. We study the welfare implications...
Persistent link: https://www.econbiz.de/10012469912
In this paper I analyze, within the context of the new 'financial architecture,' the relationship between exchange rate regimes, capital flows and currency crises in emerging economies. The paper draws on lessons learned during the 1990s, and deals with some of the most important policy...
Persistent link: https://www.econbiz.de/10012470189
Chile and Mexico experienced severe economic crises in the early 1980s. This paper analyzes four possible explanations … for why Chile recovered much faster than did Mexico. Comparing data from the two countries allows us to rule out a … two countries was the earlier policy reforms in Chile that generated faster productivity growth. The most crucial of these …
Persistent link: https://www.econbiz.de/10012470198
There are many industries in which potentially competitive segments require services provided by natural monopoly bottlenecks (essential facilities). Since it is difficult to regulate these facilities, developing countries are using Demsetz auctions, where the facility is awarded to the firm...
Persistent link: https://www.econbiz.de/10012470580
distinguish such a regime from a floating exchange rate. We apply the econometrics, first, to the example of Chile and, second, by …
Persistent link: https://www.econbiz.de/10012470836
This paper empirically investigates the effects of trade liberalization on plant productivity in the case of Chile …. Chile presents an interesting setting to study this relationship since it underwent a massive trade liberalization that …
Persistent link: https://www.econbiz.de/10012470891