This paper analizes with cross-sectional data if the Golden Rule condition satisfies: where the saving index is equal to capital (beta) or to the real interest rate, equal to the gross output growth of households.

This book presents a set of studies on contemporary discrimination in Latin America that takes advantage of these new tools by focusing on social interactions that range from cooperation, group formation, and the impact of migration in poor families to specific markets such as housing and labor....

The objective of this paper is to better understand peer popularity during adolescence and detect discrimination. The paper subsequently explores how student's characteristics affect their popularity. It is found that physically attractive students and with high academic performance are highly...

This paper studies the convergence in output per capita in 7 Latin American Economies, during the period 1960-1995, breaking it down on its two main determinants: total input and total factor productivity. Total input is in turn broken down in two inputs (labor and capital) and each one of these...

This paper aims at assessing the importance of total factor productivity (TFP) on economic growth and at “explaining” TFP growth. The contribution share of TFP growth to GDP growth will be estimated for 96 countries in the period 1950-1987. Additionally, previous estimates covering a longer...

The main objective of this paper is to evaluate the role of infrastructure investment (ISI) in the economic growth of Latin American countries. Previous studies evaluating the role of infrastructure capital on economic growth have generally focused on industrialized countries; few have...

The objective of this paper is to study economic regional convergence in Argentina, Brazil, and Peru using the methodology of Barro and Sala-i-Martin. Even though the regional data on those countries are not as rich as needed to fully apply their methodology, it provides a reasonable start in...