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Estimating Production Functions Using Inputs to Control for Unobservables

Levinsohn, James - 2000

We introduce a new method for conditioning out serially correlated unobserved shocks to the production technology by building ideas first developed in Olley and Pakes (1996). Olley and Pakes show how to use investment to control for correlation between input levels and the unobserved...

Persistent link: https://www.econbiz.de/10012470924

Interest Rates, Contagion and Capital Controls

Edwards, Sebastian - 2000

the type Chile implemented throughout most of the 1990s reduce a country's vulnerability to contagion. I also deal, albeit … presented in this paper shows that the effectiveness of Chile's controls on inflows has often been overstated. Indeed, Chile was …

Persistent link: https://www.econbiz.de/10012470949

Macroeconomic Volatility in Latin America : A View and Three Case Studies

Caballero, Ricardo J. - 2000

better economic environment. In this paper I review these sources through the recent experiences of Argentina, Chile and …

Persistent link: https://www.econbiz.de/10012470968

Economic Reforms and Labor Markets : Policy Issues and Lessons from Chile

Edwards, Sebastian - 2000

This paper deals with the reform to labor market regulation implemented by Chile during the last twenty years. We … taxes. Our interest is to understand to what extent these reforms helped reduce Chile's rate of unemployment from European …

Persistent link: https://www.econbiz.de/10012471121

Controls on Capital Inflows : Do they Work?

De Gregorio, Jose - 2000

This paper analyzes the effectiveness of capital controls, in particular the Chilean experience with the use of the unremunerated reserve requirement. We examine the effects on interest rates, real exchange rate, and the volume and composition of capital inflows. The effects are elusive and it...

Persistent link: https://www.econbiz.de/10012471122

How Effective are Capital Controls?

Edwards, Sebastian - 1999

-based controls on inflows - similar to those implemented by Chile - have the potential for lengthening the maturity of foreign debt …

Persistent link: https://www.econbiz.de/10012471368

Designing Indexed Units of Account

Shiller, Robert J. - 1999

and money illusion, and evidence from countries (notably Chile) that have created indexed units of account, suggests that …

Persistent link: https://www.econbiz.de/10012471627

Mutual Funds and Institutional Investments : What is the Most Efficient Way to Set Up Individual Accounts in a Social Security System?

James, Estelle - 1999

One of the biggest criticisms leveled at defined contribution individual account (IA) components of social security systems is that they are too expensive. This paper investigates the cost-effectiveness of three options for constructing funded social security pillars: 1) IA's invested in the...

Persistent link: https://www.econbiz.de/10012471752

Poisoned Grapes, Mad Cow, and Protectionism

Engel, Eduardo - 1999

their products to protect their citizens' health. The first case is the poisoned grapes crisis involving Chile and the …

Persistent link: https://www.econbiz.de/10012471848

The Distribution of Crisis Credit : Effects on Firm Indebtedness and Aggregate Risk

Huneeus, Federico; Kaboski, Joseph Paul; Larraín, Mauricio - National Bureau of Economic Research - 2022

risk. We analyze a large-scale program of public credit guarantees in Chile during the COVID-19 pandemic using unique …

Persistent link: https://www.econbiz.de/10012938743

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