Exploiting new data from a survey and behavioral experiment conducted in Peru we analyze individuals?preferences for securing income in old age. We identify a group that is unrationed by the mandate to save in Peruç—´ pension system, and draw insights from their affiliation and contribution...

Trade with nontraditional and distant markets has always been regarded as worth exploring in an effort to increase market shares amidst the downside effects of globalization and regional trade cooperation. While globalization processes paved the way for increased competition and opening up of...

The history of Latin America’s relations with the international capital market has not been a happy one. Debt crises have recurred with monotonous regularity ever since the 1820’s, about three years after the first loans were contracted by newly independent countries. Despite the theoretical...

This study tests for non-linearities in the behavior of US dollar real exchange rates of thirteen Latin American countries. For this purpose, logistic and exponential smooth transition regression models are applied to quarterly data over the sample period 1973Q2-2001Q1. There is evidence of...

Despite having accumulated physical and human capital at significant rates, Latin America´s growth has been generally disappointing. Successful growth episodes have been accompanied by surges in TFP, sound and stable macroeconomic policies, and fewer distortions and government interventions....

The tax reforms that took place in Latin America in the 1980’s were designed primarily to enhance revenue collections and provide more stability in the revenue systems. This generally involved placing a greater reliance on value added type taxes, a rationalization and reduction in the number...

This article analyzes the quantitative (mechanical) effects and qualitative (perceptions) effects on political representation of the election of two separate chambers in Latin America’s bicameral systems. After discussing the spread and strength of bicameralism in Latin America, we compare the...

This case gives an overview of the Corporación de Desarrollo Social del Sector Rural (Codesser), a non-profit organization that was created in the 1970s to run vocational agrarian schools in rural areas in Chile. In the years following, Codesser broadened its administrative scope by forming...

This paper provides an overview of corporate governance practices in Latin American countries, surveying the available empirical literature, reviewing the reports on the subject prepared by multinational organizations, and providing new data for ownership and control structures of companies in...

The aim of this paper was to expand the knowledge about the characteristics of publications in the business administration and economics fields in Latin America. Previous research studies had characterized the publications and authorship pattern of the region, but did not include a measure of...