Parliamentary and presidential systems dffer in the way citizens elect politicians in the executive power. In the first case they do it indirectly through the legislative power and in the second they do it directly. The main consequence of this is that ticket-splitting and divided governments...

Political decentralization involves an incentive game in which the President and regional authorities have to share power to provide public goods. In such a game, it is never reasonable to allocate political power to appointed Governors. In fact, when formal authority goes to the President...

The probability that a household will sell its house in a specific year is assumed to be a function of, principally, changes in the characteristics of the household subsequent to purchase. Probit models are estimated from Swedish register data. Leads and lags in the behaviour of the households...

Introducción. El problema de la deuda externa ocupa un lugar central en la discusión latinoamericana sobre teoría y política económicas. Esta discusión se ha extendido mas allá de los medios puramente académicos y financieros para convertirse en un elemento básico de la discusión...