Based on a cross-country comparison of dynamic new firms, this paper attempts to characterize Latin American middle-class entrepreneurs and their firms. In general, Latin American middle-class entrepreneurs tend to face more difficult conditions in terms of resources and skills acquisition than...

Total factor productivity (TFP) in Latin America has not increased relative to the US since the mid- 1970s, and in many countries it has declined. Moreover, resource misallocation can lower aggregate TFP. This paper presents evidence based on firm-level data from 10 Latin American countries to...

This paper uses joint scaling methods and similar items from three large-scale surveys to place voters, parties and politicians from different Latin American countries on a common ideological space. Contrary to the conventional wisdom, the findings reveal that the median voter in Latin America...

Inflation targeting has been adopted in a set of emerging economies, including eight countries in Latin America. The success of this regime may depend critically on the credibility of the target and the expectation that the authorities will take appropriate actions if the target is breached....

Using information obtained with uniform methodologies from recent Gallup World Polls, this paper assesses individual health perceptions in Latin America and the Caribbean, comparing them with perceptions in other regions. As suggested by previous literature, cross-national comparisons of health...

This study explores the relationship between demographic factors and saving rates using a panel dataset covering 110 countries between 1963 and 2012. In line with predictions from theory, this paper finds that lower dependency rates and greater longevity increase domestic saving rates. However,...