There is no doubt that large changes in government policy towards economic reform are vitally important: some two decades ago Myanmar (Burma) was among the Asian nations with the highest per capita income but, by turning away from economic reform, government policy prevented the economy from...

Two decades ago a discussion of the interactions between expenditure on the welfare system and labour market changes would have focussed on the impact of changing unemployment levels. Today, the unemployment-welfare expenditure link is still important but another factor has been added....

These are lecture notes for the article "Technological Progress and Economic Transformation," in the Handbook of Economic Growth, 2005, v. 1B, edited by Philippe Aghion and Steven N. Durlauf. Amsterdam: Elsevier North-Holland, pp. 1225-1273.

Este documento analiza cómo impacta en el desempeño escolar la reubicación de niños en servicios de cuidado tutelar, tras investigaciones familiares por maltrato infantil. Para estimar el efecto causal de la reubicación, se construye una variable instrumental. Dicha variable es la...

Summary of Banco de España Working Paper no. 2126