This paper analyses the equilibrium effects of individual information filters. Information is modelled as advertisements which are distributed across a population of consumers with heterogeneous preferences. An advertisement that provides knowledge about a product with little or no utility for a...

This paper constructs time series data on savings per type of agent for Chile during the period 1960-2012. It is found that the economy's average savings rate increased by 11 percentage points in the period 1985-2012 compared to 1960- 1984, with particularly pronounced growth in corporate...

This paper uses a model of intergenerational accounting to simulate the intergenerational distribution of oil wealth in Venezuela. Venezuelan oil production does not seem to follow an optimal extraction path. Nevertheless, this is true if we do not consider what the government does with the...

In the light of Trinidad and Tobago’s colonial history, its labour market is characterized by two about equal sized majority racial groups that had during colonialism been highly segregated in terms of education, occupation, industry and sector of work and facing a large institutionalized pay...

This study analyzes the evolution of gender-based educational and occupational segregation, from 1999 to 2016, for four Caribbean countries (The Bahamas, Barbados, Jamaica, and Trinidad and Tobago). The focus is on the role of educational segregation in explaining occupational segregation. There...

How deep are the roots of Latin America's economic inequalities? In this chapter we survey both the history and the literature about the region's extreme economic disparities, focusing on the most recent academic contributions. We begin by documenting the broad patterns of national and...

How does exposure to soap operas with LGBTIQ+ characters affect attitudes toward the LGBTIQ+ community? To answer this question, we construct a novel database of 175 telenovelas (soap operas) with LGBTIQ+ characters airing in 14 countries in Latin America and the Caribbean between 2002 and 2019....

In this study we explore in detail the causes of corruption in China using two different sets of data at the regional level (provinces and cities). We observe that regions with more anti-corruption efforts, histories of British rule, higher openness, more access to media and relatively higher...

In this paper, we empirically investigate a channel through which social capital may improve economic wellbeing and the functioning of institutions: political accountability. The main idea is that voters who share norms of generalized morality demand higher standards of behavior on their elected...

This paper presents theoretical and empirical evidence on the nexus between corruption and democracy. We establish a political economy model where the effect of democracy on corruption is conditional on income distribution and property rights protection. Our empirical analysis with...