Contemporary American interest in using antitrust law to address wealth inequality is a symptom of American political dysfunction rather than a reflection of any intellectual advance regarding the sources of inequality. Indeed, both the original American progressives of a century ago, as well as...

¿Ha tenido la especialización productiva – y en particular los servicios - un reflejo uniforme a escala regional?; ¿Se ha reducido la desigualdad productiva de las regiones a partir de 1980 y qué papel han jugado los servicios?; y, finalmente, ¿cuál ha sido la contribución de los...

El agua constituye un recurso esencial para muchos aspectos de la vida humana como son el desarrollo y el bienestar humano. Gracias a los importantes avances en TICs es posible avanzar hacia soluciones que ofrecen una gestión eficiente e integral de los recursos hídricos, proporcionando datos...

Se explora las circunstancias políticas que explican por qué no se llevó a cabo la privatización del sistema de agua potable, cuantifica los efectos sobre el bienestar de la decisión de no privatizar, y terminan exponiendo los problemas que aún siguen pendientes y las implicancias de este...

Evidence on the portfolio holdings and transaction patterns of households suggests that the burden of inflation is not evenly distributed. We build a monetary growth model consistent with key features of cross- sectional household data and use this framework to study the distributional impact of...

This paper presents a characterization of a welfare index for the evaluation of primary goods (to be understood as those goods that all agents should enjoy equally). The welfare associated with a given distribution of n primary goods among m agents is measured as the sum of n real-valued...

This paper proposes an answer to the question of why social unrest sometimes occurs in the wake of an IMF Structural Adjustment Program (SAP). Under certain circumstances, partly determined by a country’s comparative advantage, a nation’s elite may have an incentive to make transfers to the...

Taxes and cash transfers reduce income inequality more in France than elsewhere in the OECD, because of the large size of the flows involved. But the system is complex overall. Its effectiveness could be enhanced in many ways, for example so as to achieve the same amount of redistribution at...

We propose a new three-step model-selection framework for size distributions in empirical data. It generalizes a recent frequentist plausibility-of-fit analysis (Step 1) and combines it with a relative ranking based on the Bayesian Akaike Information Criterion (Step 2). We enhance these...

This paper explores the capability of the state to affect the individual's decision to work for free. For this purpose we combine individual-level data from the European and World Values Survey with macroeconomic and political variables for OECD member countries. Empirically we identify three...