Mandated benefits are supposed to perform better than regular public programs where tax finance and expenditure are unrelated at the individual level. If benefits due to these mandated programs are valued at a one to one basis in relation to the respectiv

This paper examines the evolution of urban land prices in Santiago during the last decade. Rates of return and variability measures are compared with those of other assets using a CAPM framework. Results show low and statistically not significant beta val

The traditional exception to the welfare reducing character of protectionism is based on the optimum tariff argument. If in addition the market power can be traced back to control of a necessary, cero substitution natural resource type input, then the corresponding trade tax and the shadow price...

During the last two centuries Chile had three official monetary units of account, where changes from one to the other can be seen as related to price level variations stretching over many years . For description and analysis this prolonged but also highly variable inflation environment will...

This paper uses data from the GSOEP to look at the relationship between labor force status and fatherhood among men in East and West Germany. For many years, in particular from the late fifties through the mid-seventies, fertility patterns in the East and West were quite similar. With the...

Recent research has repeatedly demonstrated that well-being typically evinces precipitous deterioration close to the end of life. However, the determinants of individual differences in these terminal declines are not well understood. In this study, we examine the role of perceived personal...