El objetivo de este estudio es analizar si el mercado laboral reconoce monetariamente la habilidad de los docentes en Chile y si ésta afecta el desempeño académico de los estudiantes. Para ello, se estiman ecuaciones de salario y funciones de producción educacionales incluyendo una medida de...

This paper contributes to understand the microeconomic determinants of household income dynamics in poverty and inequality in Chile during the 90’s . We use a microsimulation based on the decomposition of distributional changes, developed by Bourguignon et.al. (2000). We estimate a...

The first time in which the International Adult Literacy Survey was carried out in a developing country was in 1998 in Chile. The survey measures the effective skills of the population over 15 years of age in the comprehension and processing of texts, documents and quantitative information on a...

We use a specially designed survey to evaluate the effect of several public policies on female labor force participation in Chile. First, we estimate a self-selection model to find the determinants of female labor participation and wages. Our participation estimates show that schooling is highly...

Financial literacy and schooling attainment have been linked to household wealth accumulation. Yet prior findings may be biased due to noisy measures of financial literacy and schooling, as well as unobserved factors such as ability, intelligence, and motivation that could enhance financial...

This paper investigates previously unresearched issues pertaining to the well-known Chilean innovations in Social Security. Previous empirical studies of the Chilean system used aggregate and macro data, without attention to individual heterogeneity. This study uses new household survey data,...

This book presents a set of studies on contemporary discrimination in Latin America that takes advantage of these new tools by focusing on social interactions that range from cooperation, group formation, and the impact of migration in poor families to specific markets such as housing and labor....

The great majority of working Americans are unprepared to face the difficult task of planning for retirement. In fact, the personal savings rate has been holding steady at zero for several years, down from 8 percent in the mid-1980s. Overcoming the Saving Slump explores the many challenges...