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.

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,...

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...

In the last three decades Argentina tripled its crime rate boosting safety at the top of mayor concerns of Argentineans which leaves open the question about the behavior of incumbent governors of the 23 provinces about anti-crime measures in the proximity of elections. How do incumbent governors...

Evidence of Political Budget Cycles from cross-countries studies has been rationalized as coming from voter’s cost to process available information and asymmetric information. This explanation was also adopted in most cross-province studies leaving aside variables related to the incentive...

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...

Este trabajo tiene un doble objetivo. En primer lugar identifica y categoriza las crisis sufridas por Argentina desde 1825 hasta 2002. Con ese insumo, intenta encontrar regularidades en el comportamiento de variables macroeconómicas claves en el vecindario de las crisis mediante análisis...

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...

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...