"This paper relaxes some key assumptions in the probabilistic approach to fiscal sustainability. First, the authors identify structural breaks over the sample period used to estimate the covariance matrix of the shocks to the debt ratios. Second, the assumption of normality of the shocks is...

Research related to climate variability is particularly important in the current conditions faced by Argentine agriculture. These include (a) increased specialization in soybeans, with resulting reduced possibilities of risk-reduction though "portfolio" effects, (b) increased importance of...

During the last decades initiatives have been presented in Argentina the results of which - if implemented - would be constraints on contractual options available to landowners and tenants. Similarly, as a response to the increased importance of soybeans (which some classify as "soil depleting")...

This research explores the origins of the variation in the prevalence and nature of political institutions across globe. It advances the hypothesis and establishes empirically that variation in the inherent diversity across human societies, as determined in the course of the exodus of Homo...