Chileans have limited knowledge of the pension system, its rules and the consequences involved in their personal decisions within it. Using a variation in the household composition- having a pensioner in the household- as an instrument, we show that Chileans with more knowledge about the pension...

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...

Recent research demonstrates that imperfect information about returns to education distorts schooling investments. Questions remain about what information is missing in different settings and for whom such information is most critical. We conducted a field experiment to investigate whether Grade...

Con el objetivo de suministrar información actualizada para las actividades operacionales y de programación del BID, el Departamento Regional de Operaciones II presenta este análisis de las tendencias de las economías de los países de la Región II en 2005, los principales aspectos de su...

Chileans with more knowledge about the pension system more actively contribute toand manage their individual retirement accounts. This positive association betweensystem knowledge and retirement saving remains even after controlling for di¤er-ences in other relevant attributes, such as ?nancial...

This paper discusses the way in which the existence of debt denominated in both domestic and foreign currency affects debt-sustainability analyses. Ignoring valuation issues can lead to misleading conclusions regarding fiscal sustainability. We show that a devaluation of the domestic currency...

La provisión publica de salas cunas en Chile aumento en un 70% entre el 2005 y 2006. Esta variación exógena en la disponibilidad de cuidado infantil a nivel comunal es utilizada en este estudio para estimar su efecto en la participación laboral femenina (PLF). A pesar de esta fuerte...

Usando datos del módulo de historia laboral de la Encuesta de Protección Social para los años 2002, 2004 y 2006, se construyó un panel mensual para el período 2000-2006. Para modelar las variables que intervienen en la decisión de los individuos de trabajar por cuenta propia consideramos...