In the "perpetual youth" overlapping-generations model of Blanchard and Yaari, if leisure is a "normal" good then some agents will have negative labour supply. We suggest a solution to this problem by using a modified version of Greenwood, Hercowitz and Huffman's utility function. The...

In the "perpetual youth" overlapping-generations model of Blanchard and Yaari, if leisure is a "normal" good then some agents will have negative labour supply. We suggest a solution to this problem by using a modified version of Greenwood, Hercowitz and Huffman's utility function. The...

We present a model embodying moderate amounts of nominal rigidities which accounts for the observed inertia in inflation and persistence in output. The key features of our model are those that prevent a sharp rise in marginal costs after an expansionary shock to monetary policy. Of these...

The modern approach to the market as a place with autonomy depends on a certain view of money. According to that view, money is a neutral technology that expresses individual choices made about real goods and services. But the controversies over money that regularly arise in political...

We contrast the socio-demographic profiles and degree of information received by women that were sterilized with women that used other contraceptive methods. We use data from the 2016 round of the Demographic and Health Survey (DHS) for Peru and compare these profiles with those of the 2000s,...

In this research I investigate what percentage of female sterilizations performed in Peru from 1993 to 2000 were done providing adequate information to their users for a free decision about their adoption. I use data from ENDES/DHS 2000, which contains detailed information about contraceptive...

In this research I investigate what percentage of female sterilizations performed in Peru from 1993 to 2000 were done providing adequate information to their users for a free decision about their adoption. I use data from ENDES/DHS 2000, which contains detailed information about contraceptive...