We calibrate a simple neoclassical model of structural transformation to a set of Latin American countries and show that slow growth in agricultural productivity can substantially delay the development process and result in signicant dierences in per capita incomes. Some of our results indicate...

This paper analyses stability in real multilateral exchange rates in six leading Latin-American economies during the XXth century using a new data set.  A univariate approach is complemented by an error-correction model including key fundamentals.  Unit-root testing shows a very slow process...

The main focus of this paper is the question if the success of regional integration organisation in developing countries is, in fact, dependent on factors like similarity of their economic structure, market size or lack of committment. It is shown that there are also other more important...

This study presents an analysis of the theory of economic development, from the perspective of ECLAC and Raul Prebisch, in their search for a better standard of living for Latin America, in the context of the combination of internal and external forces whose interaction explains the structural...

This paper presents a new consistent yearly series of gross income (between-group) inequality Ginis for four occupational categories in Argentina, Brazil, Chile, Colombia, Mexico, and Venezuela over the period 1900-2011 using a newly assembled wage dataset.  The approach used differentiates...

Given the commonality of employment in the informal economy, this paper moves beyond classifying economies by the composition of their formal economies and instead classifies economies by their degree of informalisation. Analysing International Labour Organisation data on the varying level of...