High delinquency rate of publicly provided mortgages in social housing programs are often interpreted to be due to moral hazard. In this paper we show that the typically used parametric approaches give misleading results due to overlooked confounding and selection biases. We show that by using...

Many public programs and operations by multilateral organisations include technical assistance to the direct beneficiaries of the program in addition to pure financing. However, there is no substantial body of studies that calculates the additional impact; in the sense of exclusively...

It has become common wisdom amongst monetary policy professionals that central banks in Latin America should adopt inflation targeting. Pure inflation targeting implicitly assumes a social loss welfare function dependent on only inflation. In this paper using subjective well-being survey data...

This paper uses data from the Global School-based Student Health Survey to investigate the prevalence of health risk behaviors, in particular substance use, risky sexual behavior, and violence among adolescents in 15 Latin American and Caribbean countries. Using logit regressions and...

This paper revises the development and present condition of the Input-Output analysis published in Castilian, from a Mexican viewpoint. The paper combines a historical perspective on the earlier publications and presents some contemporary lines of the applied investigation.

The Greek economy has undergone a deep economic crisis, following the international financial disarray of 2008. It has been widely agreed that a number of signals conveyed the need to reconsider the long-run development strategy, but the Greek economy had been growing quicker than most of Europe...

Technical coefficients change basically due to technological changes except when there are price differences. On the other hand, there are models mantaining the hypothesis that differences between coefficients along time will be negative. Mexican data provides clues for such statement, at least...

El estudio sistemático del modo en que se organizan y disponen los intercambios en la estructura productiva, permite obtener una información enriquecedora, si se relaciona con la capacidad innovadora de las distintas ramas de la producción. El método propuesto por Miyazawa (1966,1971)...