This paper uses 113 household surveys from 18 Latin American countries to document patterns in secondary school graduation rates over the period 1990-2010. It is found that enrollment and graduation rates increased dramatically during that period, while dropout rates decreased. Two explanations...

El principal objetivo de la serie "Panorama de las Administraciones Públicas" consiste en proporcionar datos fiables e internacionalmente comparables sobre las actividades del gobierno y sus resultados en los países miembros de la OCDE. Al ampliar el alcance a otras regiones del mundo,...

La tributación en América Latina y el Caribe es considerada en gran parte como un medio de generar ingresos para mantener el gobierno en funcionamiento. En los últimos años, se ha avanzado hacia un aumento de los ingresos totales, pero la mayoría de los países de la región aún sigue a la...

This paper shows that the factors affecting labor supply have been key determinants of the changes in employment, unemployment, and income differentials in Latin America in the 1990s. The two main forces driving labor supply in the region have been demographics and education.

In the context of a perfect foresight, intertemporal optimizing, cash-in-advance model, this paper studies the dynamics of an inconsistent exchange rate-based stabilization policy that fixes the exchange rate without an underlying fiscal adjustment to ensure that the exchange rate policy is...

The Venezuelan experience in the 1980s is a particularly fertile ground for the analysis of negative shocks. Two large shocks took place under very different control regimes, thus highlighting the role the institutional setting plays in determining the response. Moreover, the experience can shed...

Presenta la incorporación y generación local de conocimientos tecnológicos en una planta metalmecánica argentina, la cual se desarrolla dentro de una tecnología discontinua, donde el nivel, estabilidad y ritmo de crecimiento de la demanda condicionan tanto el ritmo como la naturaleza del...

Government intervention in the construction sector as a way to boost the economy has been a constant in Colombia for the past 90 years. This paper explicitly tests the impact of the most recent of such interventions: a subsidy to the mortgage interest rate. The results show that the subsidy...

In this paper, social mobility is measured by looking at the extent to which family background determines socioeconomic success. Roughly speaking, social mobility can be measure by means of two distinct types of correlations: intergenerational correlations and sibling correlations.

This paper examines the impact of the availability of fiscal revenues from nonrenewable resources on other revenues of Latin American and Caribbean resource-exporting countries. It compares the performance of nonresource revenues in these countries to that in other countries in the region. The...