En este trabajo se exploran los efectos de un programa de descontaminación sobre la calidad del aire en Santiago de Chile. Se estiman dos modelos; uno de Mínimos Cuadrados Ordinarios (MCO) y otro no paramétrico de Regresión Discontinua (RD) para diferentes ventanas de periodos en torno al...

The actions of OPEC and Saudi Arabia are discussed in terms of their objectives and their technical and social constraints. It is concluded (1) that OPEC does not act as a cartel and (2) that Hotelling’s rule is not an important feature of pricing or production. OPEC’s (more specifically,...

This paper explores the effect of natural resource abundance on political stability. We extend the work of Acemoglu and Robinson (2006) and Morrison (2007) to analyze how natural resource abundance affects the threat of revolution and democratization. The model is able to reproduce the stylized...