We build and estimate a dynamic model of teenagers' choices of schooling and crime, incorporating four factors that may contribute to the different routes taken by different teenagers: heterogeneous endowments, unequal opportunities, uncertainties about one's own ability, and contemporaneous...

We build and estimate a dynamic model of teenagers' choices of schooling and crime, incorporating four factors that may contribute to the different routes taken by different teenagers: heterogeneous endowments, unequal opportunities, uncertainties about one's own ability, and contemporaneous...

This paper proposes a matching estimator where the size of the weights and the number of neighbors are endogenously determined from the solution of a bi-level optimization problem. The first level problem minimizes the distance between the characteristics of an individual and a convex...

En este trabajo se desarrolla y estima un modelo de ecuaciones simultáneas que explica la criminalidad en Chile a nivel regional en el periodo 1988 – 2000 para varias categorías de delitos. El modelo innova en abordar diversos problemas de endogeneidad presentes en la determinación del...

La Defensoría Penal Pública chilena es el organismo encargado de proveer servicios de defensa penal en el contexto de la nueva justicia nacional (Reforma Procesal Penal). Para ello, o bien contrata abogados en forma directa (abogados institucionales) o bien licita los servicios a estudios...

In this paper we prove a general version of the Second Welfare Theorem for a non-convex and non-transitive economy, with public goods and other externalities in consumption. For this purpose we use the sub-gradient to the distance function (normal cone) to define the pricing rule in this general...

In this paper we consider an exchange economy where there is an external restriction for the consumption of goods. This restriction is defined by both a cap on consumption of certain commodities and the requirement of an amount of rights for the consumption of these commodities. The caps for...