The study of gender inequalities has been an area of great interest in economic analysis in recent years, so it has become necessary to have measures that allow their quantification. Among the diverse possibilities existing, we can highlight the use of synthetic indicators due to they make...

Based on a general framework for computing the aggregate human capital stock under heterogeneity across population cohorts, the paper derives aggregate human capital stocks in the whole population and in the labor force, and relates these variables to average years of schooling and average work...

We describe and evaluate a new method of aggregating heterogeneous households that allows for the representation of changing demographic composition in a multi-sector economic growth model. The method is based on a utility and labor supply calibration that takes into account time variations in...

Impossibility theorems for preference correspondences based on a new monotonicity concept are discussed. Here monotonicity means that if preferences update in such a way that they get closer to an outcome then at the new situation this outcome remains chosen. Strong monotonicity requires further...

We consider a standard economic production quantity (EPQ) model. Due to manufacturing variability, a fraction P of the produced inventory will have imperfect quality, where P is a random variable with a known distribution. We consider a 100% inspection policy and further assume that the...

Measured total factor productivity often declines sharply during financial crises. In 1982, the Chilean manufacturing sector suffered a severe contraction in output, most of which can be accounted for by a falling Solow residual. This paper uses establishment data from the Chilean manufacturing...