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Using a unique dataset with information on the currency composition of firms'' assets and liabilities in six Latin-American countries, I investigate how the choice of exchange rate regime affects firms'' foreign currency borrowing decisions and the associated currency mismatches in their balance...
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In this paper we use micro-data from income and expenditure surveys for seven Latin American countries. We estimate Engel equations and present stylized facts regarding cultural spending. Culture activities are a key indicator of a society development and therefore cultural spending decisions...
Persistent link: https://www.econbiz.de/10012869739
This paper follows two strategies to address whether the rich save more. First, the paper implements a two-stage procedure in which the household's lifetime income is instrumented with the education level of the household head and the education level of his/her partner. Second, using information...
Persistent link: https://www.econbiz.de/10013023202
This paper characterizes household spending in education using microdata from income and expenditure surveys for twelve Latin American and Caribbean countries and the United States. Bahamas, Chile, and Mexico have the highest household spending in education and Bolivia, Brazil, and Paraguay have...
Persistent link: https://www.econbiz.de/10013245011
We employ unconditional quantile-decomposition methods to analyze the gender wage gap (GWG) in the urban region of twelve Latin American countries. Using data from harmonized household surveys we decompose the GWG into an explained component (differences in human capital) and an unexplained...
Persistent link: https://www.econbiz.de/10013078701
Using data on a trust game played in six Latin American cities we estimate the relationship between religious participation with trust and reciprocity. We find no association with trust but we do find a statistically significant relation with reciprocity. More religious people tend to...
Persistent link: https://www.econbiz.de/10013078706
In this paper we use micro-data from income and expenditure surveys for seven Latin American countries. We estimate Engel equations and present stylized facts regarding cultural spending. Culture activities are a key indicator of a society development and therefore cultural spending decisions...
Persistent link: https://www.econbiz.de/10012025337