This paper it proposes a new indicator of the investment

There is no doubt; consumer credits are more and more present in the economic life of the Chileans. It is enough to go to any shopping mall, supermarket or even medical centre to realize that today it is possible to buy almost everything with some kind of loan. The expansion of consumer credit...

Inequality in PISA test scores of Argentinean students is among the highest of the participating countries. This paper explores the determinants of this inequality and quantifies the marginal contribution of characteristics of students and schools. We estimate Multilevel Models of the...

Resumen: Un modelo switching aplicado a información de la encuesta ENNViH 2002 evidencia diferencias significativas en la formación de habilidad cognitiva infantil através de los estratos sociales mexicanos. Un pequeño conjunto de variables de política pública y de características...

Housing construction has been fueled in recent years by a speculative process that has ended up generating an extraordinary oversupply. The aim of this study is to quantify the gap between supply and demand for housing in the Spanish economy between 1996 and 2007. Different estimates of the...

The following work is to estimate the theoretical demand for housing in Spain given the demographic trends and the preferences of investors between 2001 and 2008. The paper shows how much of the demand does not respond to demographic factors. The stock of unsold new houses is estimated and it is...

No one can ignore the importance of financial innovation in mortgage markets. A relevant issue is the choice of the amortization system. This article shows how the French amortization system has reduced the price of loans in the short term whereas price of loans has become more expensive in the...

This paper it proposes new economic indicators of investment in infrastructure and house