The main findings of this paper are that firm improvements will involve enhancing management practices, incorporating new technologies to production processes and increasing labor competencies of floor workers and managers. Policies that promote entrepreneurial innovation and a culture that...

Considering the time period from September 2000 to September 2010, we study the nonlinear behaviour of the EMBI index for six emerging Eastern European countries,. Applying the Hinich portmanteau bicorrelation test, the BDS test, the Engle test and Wavelet theory, we observe systematic nonlinear...

This paper presents robust evidence regarding the impact of computer use at the workplace in Chile for the period 2000-2006. The main contribution is to present evidence in a developing country using matching techniques, assuming a homogeneous treatment effect. Wage impact is then measured...

This paper studies the incentives faced by competing auctioneers who can provide information to prospective bidders about their valuations of the objects for sale. We consider a model in which two sellers running second-price auctions compete to attract potential bidders by releasing information...

The aim of this paper is to evaluate the impact that the anti-crime program Comuna Segura: Compromiso 100 had on the reporting rate of different types of crimes. This program implemented in Chile from 2001 was very much criticized, and therefore was eliminated in the year 2006. This report...

The Chilean Electronic Market for Annuities was created in 2004 in order to correct several malfunctions of the market for annuities. The Chilean Pension System is composed of two phases. On the accumulation phase, savings are collected and managed by asset managers. The payout phase consists in...

During the last two decades, the Chilean banking industry has experienced a high concentration due to several mergers between its institutions. Among the reasons ar- gued for these consolidations, a potential for substantial gains in e¢ ciency is claimed. Recent studies suggest that the Chilean...