Most Latin American countries have ABC (acronyms from the Spanish words of voucher, mortgage and savings) designed social housing program. Little is known of the impacts of these programs. In this paper we estimate the welfare affects of twelve of these programs. We estimate whether the programs...

High delinquency rate of publicly provided mortgages in social housing programmes are often interpreted to be due to moral hazard. In this article we show that the typically used parametric approaches give misleading results because of overlooked confounding and selection biases. We show that...

El objetivo fundamental de este artículo es examinar las propiedades del producto interno bruto per capita de México en el largo plazo. En particular veremos si el PIB sigue un camino aleatorio o es por el contrario un proceso estacionario autoregresivo alrededor de una tendencia lineal...

In this paper we present evidence that homeowners are happier than nonhomeowners and it is homeownership that causes the difference in happiness. The data used is for seventeen Latin American countries obtained from the LatinBarometer surveys. The association between homeownership and happiness...

In this paper we evaluate the targeting efficiency of Latin American housing programs of the demand-side- ABC type, acronyms based on the Spanish words for savings-voucher-mortgage. These are the typical; housing programs in Latin American countries. However, there is no systematic evaluation of...

In this paper we estimate the size of shelter induced poverty by housing tenure in Latin America and determine whether public housing programs of the ABC type (programs that require savings, provide vouchers and with the residual financed through a public or privately provided mortgage for a...

Many public programmes include technical assistance to the direct beneficiaries of the programme in addition to pure financing. However, there is no body of studies that calculates the additional impact of technical assistance on the outcome of interest. The authors use multi-treatment...

The demand-driven version of the open Input-Output model determines production as a function of final demand, given the production technology. On the contrary, in the supply-sided version, value added determines output and producers must induce sales in order to achieve a desired level of...

Economic structures can be studied as networks of industries linked through flows of commodities that - in turn - the consuming sectors use as inputs. The Input-Output (IO) model is a suitable framework for analysing those structures, because its main target is the study of interdependence...

The demand-driven version of the open Input-Output model determines production as a function of final demand, given the production technology. On the contrary, in the supply-sided version, value added determines output and producers must induce sales in order to achieve a desired level of...