In this paper, we bring to light the experiences resulting from the significant depreciation of the Uruguayan real exchange rate between 2002 and 2003, followed by an equally considerable appreciation between 2004 and 2010. We explore the link between these fluctuations and the incidence of...

"Estache and Rossi bring new empirical evidence on the impact of the choice of ownership and regulatory regime on firms' productivity and prices paid by consumers. They collect the evidence from a sample of electricity distribution companies in Latin America. The authors rely on estimations of...

This paper evaluates the impact of two programs that provide public and private goods, in the form of irrigation canals and materials (such as hail nets). Using a twelve-year panel of wine producers from Mendoza and San Juan, Argentina, we find that the programs have had positive and significant...