"This book is an in-depth analysis of how cultural, religious and social institutions have shaped the economic destinies of North America and Latin America over the last five hundred years. The final chapters look at recent developments in individual Latin American countries and considers the...

Reliable empirical evidence about the effects of unemployment insurance benefits (UIB) on individuals’ labour market paths is crucial for designing appropriate labour market policies. In particular, medium and long-run effects of the UIB system can differ markedly from short-term impact when...

This paper examines unemployed workers' declared willingness to work for wages lower than the one adequate for their qualification. We analyze which personal and economic characteristics determine this willingness and how it changes along the individuals' unemployment spells. The main results...

The discussion about the need for Social Security reforms has recently resurfaced, and is expected to continue to be part of the political agenda in the near future. Our paper is a step in the direction of providing a framework for policy analysis that accounts for employment uncertainty,...

We develop a partial equilibrium job search model to analyse wage mobility and its relation to job mobility. The basic job search model is generalized by introducing wage renegotiation at the firm level and on-the-job search. Besides we model the value of leisure as a function of the previous...

Es conocido que el método del PERT clásico usa una subfamilia de betas para todos los casos, debido a la imposibilidad de estimar cuatro parámetros a partir de los tres valores aportados por el experto. Imponiendo una restricción a la familia global de betas de primera especie (que el...

Recently, Hahn (2008) has proposed the mixture between the uniform and the beta distributions as an alternative to the beta distribution in PERT methodology which allows for varying amounts of dispersion and a greater likelihood of more extreme tail-area events. However, this mixture lacks a...