This paper explores the role of social networks in determining labor market participation and salaried employment of Bolivian women and men. We define social networks as the share of neighbors that have jobs, and find that networks encourage women’s labor force participation and that they are...

The Education Reform Program launched in the mid-1990s by the Government of Bolivia had important accomplishments, particularly by increasing the coverage of primary education. However, the high rates of coverage observed at national level conceal the inequality in the distribution of schooling...

This paper presents GMM empirical estimations of the New Keynesian Phillips curve (NKPC) for Chile. Our results tend to support the hybrid version of the NKPC, with an estimated backward-looking coefficient of about 0.4. The estimated Calvo coefficient, that captures the degree of price...

This paper explores the role of social networks in determining the participation of Bolivian women in income-generating activities. The empirical analysis intends to explore the impact of this new social variable on the economic choices of women and its relative importance with respect to other...

En este trabajo se analiza el papel de las redes sociales para determinar la participación de mujeres bolivianas en actividades generadoras de ingresos. Los resultados hacen pensar que las redes sociales son un canal eficaz para que las mujeres obtengan acceso a empleos asalariados, los cuales...

This paper attempts to provide an economic interpretation of the factors that drive the movements of interest rates of bonds of different maturities in a continuous-time no-arbitrage term structure model for Chile. The dynamics of yields in the model are explained by two latent factors, namely...

Existe un amplio consenso del efecto adverso de altas tasas de inflación sobre el crecimiento económico, no obstante, no existe pleno acuerdo en cuanto al efecto de tasas de inflación moderadas. Este trabajo re- examina la relación entre la inflación y el crecimiento en una muestra de nueve...

How does the performance of the Central Bank of Chile (CBCH) compare to other central banks and in which dimensions? This paper summarizes the results of several studies that report international comparisons of different features of central banking and monetary policy. The evidence places the...