This paper studies the causal factors that make the oil-state Venezuela, which is generally characterized by a low level of violence, an outlier among the oil countries as a whole. It applies a newly elaborated 'context approach' that systematically considers domestic and international...

Natural resources are often held responsible for intrastate conflicts. As a consequence, both national and international measures to avoid the detrimental impact of resource endowments have increasingly been discussed and implemented in resource-rich countries. These measures include...

This paper assesses labor market segmentation across formal and informal salaried jobs and self-employment in three Latin American and three transition countries. It looks separately at the markets for skilled and unskilled labor, inquiring if segmentation is an exclusive feature of the latter....

During the last decade, the Venezuelan government has pursued a reform of the legal regime of hydrocarbons tailored to its interests as an oil producing country. However, the ongoing consequences of the global economic recession which negatively impacted the Venezuelan economy, call into...

Econometric Modeling has a wide range if applications, including economy-wide representations. This study takes on the task of finding a suitable structure to model the Venezuelan economy. It is revealed that econometric structural and computable general equilibrium models are inapplicable,...

Nationalization is a particular type of organizational structure where the state or nation controlsthe industry as opposed to private companies or multinational organizations. If one imagines acontinuum of organizational structure, nationalization and privatization would be at oppositeends....

Am 28. Juli 2024 finden in Venezuela Präsidentschaftswahlen statt, bei denen sich der seit 2013 regierende Staatschef Nicolás Maduro im Amt bestätigen lassen möchte. Mit María Corina Machado ist ihm eine Gegenkandidatin erwachsen, die zwar die Massen mobilisiert, aber nicht antreten darf....

Ecuador has become the third largest receiver of the 4.3 million Venezuelans that left their country in the last five years, hosting around 10% of them. Little is known about the characteristics of these migrants and their labor market outcomes. This paper fills this gap, analyzing a new large...