The main contributions of this paper are the development of a new test of the stock market hypothesis and a new application of the tests for return predictability to the Buenos Aires Stock Market. In the first part, a survey of these tests is made, including, among others, the variance bound...

This paper evaluates the impact of subsidies on the academic performance of researchers in Argentina. Academic performance is measured in terms of number of publications and in terms of impact factors in peer-reviewed journals. The performance of researchers with financially supported projects...

This paper evaluates the impact of two programs that provide public and private goods, in the form of irrigation canals and materials (such as hail nets). Using a twelve-year panel of wine producers from Mendoza and San Juan, Argentina, we find that the programs have had positive and significant...

This paper analyzes the impact of Mapa- Regalías on efficiency in the execution of public investment projects in Colombia. MapaRegalías is an online platform that displays geo-referenced information and data on royalties coming from the extractives sector. The purpose of the platform is to...

This paper analyzes the impact of MapaRegalías on efficiency in the execution of public investment projects in Colombia. MapaRegalías is an online platform that displays geo-referenced information and data on royalties coming from the extractives sector. The purpose of the platform is to...

In this paper, we bring to light the experiences resulting from the significant depreciation of the Uruguayan real exchange rate between 2002 and 2003, followed by an equally considerable appreciation between 2004 and 2010. We explore the link between these fluctuations and the incidence of...