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...

Following the process initiated by Chile in the early 1980s, most countries in South America have undergone deep transformations in their electric industries. In this new playing field, the comparison of the relative efficiency of several regional monopolies seems to be a potentially valuable...

We estimate the causal effect of mandatory participation in the military service on the involvement in criminal activities. We exploit the random assignment of young men to military service in Argentina through a draft lottery to identify this causal effect. Using a unique set of administrative...

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 uses data from the Argentine House of Representatives to study the relationship between legislative effort and political success, as measured by reelection, becoming a leader of the House, and moving to higher political positions. It is found that more effort is associated with a...

We evaluate the effects of a fundamental lever of constitutional design: the duration of public office terms. We present a simple model grounded in interviews with legislators and highlight three forces shaping incentives to exert legislative effort. We exploit two natural experiments in the...