While remittance flows to developing countries are very large, it is unknown whether migrants desire more control over how remittances are used. This research uses a randomized field experiment to investigate the importance of migrant control over the use of remittances. In partnership with a...

Este trabajo es un estudio sobre las correlaciones existentes entre la percepción de movilidad social y la creencia de la existencia de meritocracia en Chile. Los resultados muestran que la movilidad social intergeneracional que experimenta un individuo está positiva y significativamente...

This paper presents a summary of Önancial access in rural Thailand. We Önd that household use an important variety of Önancial instruments and at the same time, there is a lot of heterogeneity at the province level. Additionally, a credit program implemented in 2002, increased the number of...

La necesidad de un análisis de la competencia en el mercado aéreo doméstico en Chile es extremadamente importante. Desde la privatización de Lan Chile, un conjunto de eventos han venido demandado análisis sobre las características de la industria, sobre las dificultades al ingreso de...

Since 1975 Chilean exports have boomed growing at a 6% average rate per year in real terms. In this paper we use manufacturing Chilean data at the plant level for years 1990 to 2007 to investigate the relationship between exports, plant dynamics and productivity. Our findings are consistent with...

This paper develops direct tests for evaluating the performance of two types of emergency employment programs put in place in Chile since 1999. Our results suggest: First, decentralized and “market-driven” programs (subsidies for hiring and training) are more efficient in terms of...

This paper continues the empirical research line started by Crepon et al. (1998) about the impact of research and development on innovation and innovation on productivity of firms. In this paper we estimate a structural model using Asymptotic Least Squares (ALS) which corrects for selectivity...

Luego de décadas de ardua lucha, Chile ha derrotado recientemente a la inflación y conseguido la tan esquiva estabilidad de precios. Este trabajo aborda algunos aspectos históricos que enmarcan un camino estuvo plagado de variados programas de estabilización y verifica la validez empírica...

With the exemption of adopting a foreign currency, Chile has experienced virtually all the menu of options of exchange rate policies in the last 40 years. The quest for a reasonable exchange rate policy has been inspired in part by the different goals that, through time, policy makers have...