Traditionally, overrepresentation has been used to explain the distribution of benefits across jurisdictions, leaving aside quality components. We present a model that demonstrates that in the dispute of limited federal benefits, although quantity is important, at the margin quality matters.

A large body of theoretical empirical research suggests that welfare spending reduces crime. Contrary to this dominant finding, a few recent studies conclude that there is no relationship between several measures of welfare spending and crime. This paper contributes to the debate using data from...

A large body of empirical research suggests that welfare spending reduces crime. Contrary to this dominant finding, a few recent studies conclude that there is no relationship between several measures of welfare spending and serious crime. This paper contributes to the debate using data from the...

Desde tiempos tan lejanos como los de Adam Smith, los economistas pusieron énfasis en el entorno social como un elemento clave para explicar el comportamiento delictivo. Sin embargo, el análisis empírico no siempre confirmó esta conjetura. Partiendo del marco teórico propuesto por Becker...

One of the most interesting characteristics in urban plots markets is that differentiated products are traded in integrated markets. Urban plots are composite goods whose utility for the consumer depends on the utility yield by each one of the characteristics or attributes that compose them. The...

El presente trabajo estima el producto potencial para la Argentina en el período 1980-97. El enfoque utilizado es el aplicado por Roldós (1997) para el caso de Chile, que obtiene las participaciones de los factores de producción mediante la estimación de una función de producción agregada...

Crises, like “explosive cocktails” are made by mixing powerful ingredients. Argentina has made 26 “explosive cocktails” since 1823. How many ingredients are needed to make an “explosive cocktail”? Which are these ingredients? Which is the most expensive mix? This paper attempts to...

Since Adam Smith, economists have emphasized income distribution and unemployment as key elements to explain criminal behavior. However, the empirical evidence did not always confirm such conjecture. Departing from the theoretical framework proposed by Becker (1968), the present paper identifies...

Based on Becker’s theoretical model, the present paper estimates econometrically the determinants of the crime rate in Argentina for the 1990-1999 period. Like previous empirical applications for Argentina, a significant deterrence effect was found. However unlike them we find a strong...

This paper is aimed at studying the determinants of currency crises suffered by Argentina from 1885 to 2003, on one hand, and at characterizing each particular currency crisis, on the other hand. Firstly, we identify crises episodes throughout the Argentine history. We apply the Eichengreen,...