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"The Cost of Job Security Regulation: Evidence from Latin American Labor Markets"

Pagés-Serra, Carmen - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2000)

This paper documents the high level of job security protection in Latin American labor markets and analyzes its impact on employment. We show that job security policies have substantial impact on the level and the distribution of employment in Latin America. They reduce employment and promote...

Persistent link: https://www.econbiz.de/10009021278

"Labor Turnover and Labor Legislation in Brazil"

Gonzaga, Gustavo - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2003)

One of the main characteristics of the Brazilian labor market is its impressively high job and worker turnover rates. Although labor legislation in Brazil is very restrictive, dismissal costs are not high when compared with other Latin American countries. Moreover, many authors argue that the...

Persistent link: https://www.econbiz.de/10009021273

Labor Market Rigidities and Informality in Colombia

Mondragón-Vélez, Camilo; Peña, Ximena; Wills, Daniel - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2010)

Informality is at the center of the economic debate in Colombia, fueled by the high level prevalent in the country and …-wage costs and the minimum wage on the size of the informal sector, the transition into and out of informality, and wages. Our … results indicate that rises in non-wage costs and the minimum wage, increase the probability of transition into informality as …

Persistent link: https://www.econbiz.de/10009003665

Recent Trends In Income Inequality In Latin America

Gasparini, Leonardo; Cruces, Guillero; Tornarolli, Leopoldo - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2011)

This paper documents patterns and recent developments on income inequality in Latin America (LA). New comparative international evidence confirms that LA is a region of high inequality, although maybe not the highest in the world. Income inequality has fallen in the 2000s, suggesting a turning...

Persistent link: https://www.econbiz.de/10009018078

What You Don´t Know CAN Hurt You-Or at Least Mislead You: Family Behaviors, Unobserved Heterogeneities, and the Determinants and Impacts of Human Reso

Behrman, Jere R. - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2009)

What one does not know, in the form of unobserved heterogeneity, can mislead one in empirical estimates. A simple model of intrahousehold allocations illustrates the possible importance of unobserved factors such as abilities in determining human resources and their impacts. The author reviews...

Persistent link: https://www.econbiz.de/10009018080

Do political budget cycles differ in Latin American democracies?

Barberia, Lorena; Avelino, George - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2011)

We test for political budget cycles in a panel of eighteen Latin American democracies from 1973 to 2008. Recent studies have argued that the pattern of deficit cycles in a large cross-section of countries is driven by the experience of ``new democracies. As a large share of the countries that...

Persistent link: https://www.econbiz.de/10009018084

To What Extent Do Latin Americans Trust, Reciprocate, and Cooperate?: Evidence from Experiments in Six Latin American Countries

Cárdenas, Juan Camilo; Chong, Alberto; Ñopo, Hugo - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2009)

This paper explores the extent to which individuals trust, reciprocate, cooperate, and pool risk. We use a battery of field experiments containing the trust game, the voluntary contribution mechanism, and the risk-pooling game, which we apply in six capital cities in Latin America. A salient...

Persistent link: https://www.econbiz.de/10009018085

"Regulating the Electricity Sector in Latin America"

Serra, Pablo; Fischer, Ronald - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2000)

During the past decade most Latin American countries reformed and liberalized their electric sectors. This paper examines these reforms, providing a critical examination of the effects. Late reformers learnt from the experience of earlier reforming countries, and in particular from the Chilean...

Persistent link: https://www.econbiz.de/10009021269

"The Economics of Latin American Art: Creativity Patterns and Rates of Return"

Edwards, Sebastian - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2004)

In this paper I use a large data set to analyze two aspects of the Latin American arts: (1) the nature of artistic creative process, and (2) Latin American art as an investment. I use data on auctions to understand the relation between artists' age and the value of their work. The analysis on...

Persistent link: https://www.econbiz.de/10009021275

"Contagion in Latin America: Definitions, Measurement, and Policy Implications"

Rigobón, Roberto; Forbes, Kristin - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2001)

This paper analyzes bond and stock markets in Latin America and uses these patterns to investigate whether contagion occurred in the 1990's. It defines shift-contagion' as a significant increase in cross-market linkages after a shock to one country or region. Several coin-toss examples and a...

Persistent link: https://www.econbiz.de/10009021276