Saving behavior at the household level in Chile has not been analyzed in recent decades. Based on 1988 and 1996-1997 Chilean microeconomic evidence (Household Budget Survey), this article studies household saving behavior. The analysis is extended to incl

From its independence in 1810 until the Great Depression of the I930's Chile pursued essentially liberal trade policies. Isolated instances, as shown, for example, in Finance Minister Manuel Camilo Vial's remark in 1849, reveal protectionist arguments tha

This paper develops a multivariate analysis in order to study the determinants of the household saving rate. For this purpose, the paper uses two microeconomic databases for 1988 and 1996-1997. The main results of the paper support the conventional explanations of saving rates: more than 60% of...

Saving behavior at a micro level in Chile has not been analyzed in recent decades. Based on 1988 and 1996-7 Chilean microeconomic evidence (Household Budget Survey), we present an analysis of household’s saving behavior. The analysis is extended to include broader definitions of saving such as...

In this paper, we review the main issues under discussion in the field of economics of education, with a special focus on Latin America. We seek to organize the debate about educational policies by showing how these policies respond to different models based on different assumptions and...

This paper assesses the technical efficiency of schools in Chile, which is defined as the capacity of schools to generate the maximum output (academic achievement) given the quantity of inputs they use. Two alternative methodological approaches for measuring efficiency are used: (i) estimation...

En este artículo, documentamos los cambios en la tasa de desempleo distinguiendo entre movimientos en la demanda y oferta de trabajo. Para ello, primero investigamos si existe evidencia de cambios en la elasticidad empleo producto. En segundo lugar, se analiza si el fuerte crecimiento de los...

Se sabe que existen dos caminos fundamentales para mejorar la calidad de la enseñanza en un sistema escolar. Uno es invertir en mejorar las calificaciones de los docentes utilizando para ello programas más sólidos de formación inicial o de capacitación en servicio. El otro es modificar los...

El tema educacional ha alcanzado una enorme relevancia en los últimos años, tanto en países desarrollados como en países en desarrollo. La razón de esto reside; por una parte, en la evidencia que muestra la importancia de la educación para la sociedad, la economía y su rol en la...