The ongoing initiatives to offer central bank money to consumers in the form of retail central bank digital currency (CBDC) have triggered discussions on its optimal design. So far, the perspective of potential users has not been considered widely. To strengthen this perspective, we survey 2006...

While there is widespread evidence of increasing markups in the United States and other developed economies in the last several decades, little is known about that evolution in developing economies, particularly Latin American countries. Using a harmonized dataset on listed firms from 70...

Although the effectiveness of flushing floods in restoring basic environmental functions in highly engineered rivers has been extensively tested, the opportunity cost is still considered to represent an important limitation to putting these actions into practice. In this paper, we present a...