This paper studies the factors that determine the choice of either pri-vate (ISAPRES) or public (FONASA) health insurance in Chile, by those man-dated by law to purchase health insurance (i.e. dependant workers and retirees). Earnings are generally consid

The assessment of the advantages and disadvantages of vouchers has been hindered by the lack of sufficient empirical evidence. The Chilean education voucher system was established at a national scale and has data for more than 15 years. The empirical literature developed to evaluate the voucher...

En Chile el 90% de los niños cursa su educación básica y media en escuelas municipales o particulares financiadas parcial o totalmente con recursos públicos. Los recursos que reciben estas escuelas dependen del número de alumnos atendidos. Cada alumno es "dueño" de un voucher o cupón que...

We estimate the rate of return to primary, secondary and university education for cohorts born from 1945 to 1975. Estimated returns start at a common level of 20% and then diverge, to finally converge at 30%. Regarding income distribution, we observe a dramatic improvement at the margin,...

Este trabajo, utilizando las encuestas CASEN de 1990 y 1998, investiga la evolución de la tasa de retorno a la educación según los supuestos tradicionales de Mincer y su robustez al cumplimiento de varios de los supuestos detrás de las ecuaciones de Mincer. Los resultados muestran la...

The empirical literature developed to evaluate the voucher system in Chile faced, up until late 1999, methodological and/or data limitations. Since then, the literature has used individual data and introduced a correction for selection bias. However, the treatment parameters do not take into...

Chile’s economic performance since the mid 1990s has been outstanding. Several reasons account for this success. The strong initial position of the economy was a crucial asset. Broad consensus on economic matters helped a lot. This paper argues that the i