There is no experience in the world where entry in local telephony has been as significant as in Chile. This paper addresses the question whether local telephony in Chile is competitive enough so as to deregulate rates. We analyze competition among LEX and the degree of substitution between...

El estudio analiza el desempeño de la Educación Media en Uruguay utilizando los datos de las pruebas PISA Matemática 2003 y 2006. Se buscar investigar la existencia de diferencias en la distribución de puntajes entre ambas pruebas, identificar un conjunto de variables que tienen efecto sobre...

A microeconomic model of imperfect Cournot competition is used to derive an explicit endogenous relationship between price level and the nominal exchange rate. We obtain a markup that varies endogenously with consumer real income. Using the model, the estimated passthrough - namely the impact of...

The psychological literature has emphasized that choice complexity and other contextual factors affect how people make decisions. However, empirical economic choice models generally do not consider the complexity of different scenarios when estimating preferences from contingent valuation or...

Este estudio tiene como objetivo analizar cuáles son las características y competencias de los individuos que influyen en la probabilidad de emprender en Chile. Para ello, utilizando la Encuesta de Protección Social de los años 2006 y 2009 se estiman dos modelos, uno estático que utiliza...

We study economies where all commodities are indivisible at the individual level, but perfectly divisible at the aggregate level. Paper (fiat) money which does not influence agents preferences may be used to facilitate exchange. In a parallel paper (Florig and Rivera (2002), we introduced a...

This paper makes the case for the return of regulation in the organization of urban bus services in developing countries. During the past three decades urban public transport policy has transversed several phases. From public ownership and monopoly provision, the eighties and nineties was...

En este artículo construimos medidas de tipos de cambio real sectoriales para la economía chilena. Encontramos que hay significativa heterogeneidad en los TCR sectoriales, importantes cambios en esa heterogeneidad y en las posiciones relativas de los sectores para el período 2000-2010.Usando...

This paper discusses the recent literature concerning the Mohring effect and the need to subsidize public transport in order to provide optimal frequencies when there is a monopoly provider. We show that all of the results of this literature are special cases of Spence (1975), albeit with a...

Searching for a behavioural explanation of the empirical occurrence of Environmental Kuznets Curve (EKC) the literature has usually assumed additive preferences, i.e. that the marginal utility of consumption does not depend on pollution levels. We update and extend previous literature on the EKC...