For linear quadratic Gaussian problems, this paper uses two risk-sensitivity operators defined by Hansen and Sargent (2007b) to construct decision rules that are robust to misspecifications of (1) transition dynamics for state variables and (2) a probability density over hidden states induced by...

This paper studies long-term trends of self-employment in Chile. Self-employment is associated with poor job conditions, vulnerability, and instability or informal labor market. Contrary to what is expected, self- employment level does not respond to macroeconomic variables. Using forty-one...

This paper analyzes gender differences in three Chilean professional labor markets, Business, Law and Medicine, utilizing a new and rich data set collected for this purpose. The results show that differences in wages attributed to gender are only present in the legal profession. In...

This paper analyzes gender differences in the Chilean labor market, formally addressing the selection of individuals into schooling levels and its impact on gender gaps. The paper utilizes a new and rich data set containing information on labor market outcomes, schooling attainment and schooling...

The objective of this paper is to study the Chilean labor market and determine the presence or absence of gender discrimination. In order to transcend the limitations of earlier works, an experimental design is used, the first of its kind in Chile. This study also allows socioeconomic...