We use a dynamic stochastic general equilibrium search and matching model with salaried employment and informal self-employment to analyze the implications of introducing universal unemployment protection for informal workers through transfers, which are conditional on participation in training...

Many Latin American nations have recently implemented liberal trade regimes, often as part of a larger set of market-oriented reforms, and have abandoned their industrialization policies based on import substitution. In the 1980s, Chile, Mexico, and Bolivia were among the continent`s first...

El desempleo es uno de los fenómenos más temidos de nuestros tiempos. Pocos fenómenos económicos son reportados tan amplia y sistemáticamente por la prensa, y menos aún generan tal nivel de debate en la opinión pública. Hay razones para este nivel de interés. Los costos económicos de...