This paper is intended to analyze, in a comparative perspective, the financing mechanisms of urban local governments in two groups of countries. The first group refers to a sample of OECD countries. They are rather decentralized, and have institutional features which date back many years from...

This paper focuses on the relationship between income distribution and growth. It first addresses the theoretical contributions to this issue and secondly it analyzes the empirical evidence available. Three important steps can be distinguished in the theoretical debate. The first one was...

The paper analyses the behavior of quarterly nominal wages in Chile between 1980.3 and 1995.3. The aim is to estimate a long run wage relationship that allows to identify periods of wage disequilibria. A vector autoregressive model is estimated with Johan

The paper attempts to explain the sharp increase in the Chilean domestic saving rate. It addresses the issue from different angles. It estimates the series for the period 1960-1994 for domestic saving and its main components (public and private saving and within the latter, household and...

This study uses a panel of sixty-four countries to test empirically various hypotheses about the causes of decentralization at the government level and in different functional spending areas. The empirical results find a negative impact of urbanization on decentralization. In the general case, a...