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Revista de Análisis Económico (2001)

Revista de Análisis Económico (2001)

 

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  • Levy-Yeyati, Eduardo (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 2001)
    The paper revisits the economic implications of currency boards discussed in the literature in light of the recent Argentinean experience with the Convertibility Plan. It finds that, while the plan was successful in bringing ...
  • Ordoñez, Eduardo (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 2001)
    A serious problem in emerging economies is that of corruption and tax evasion. Its most visible outcomes are resource misallocation, relative price distortions, and distributive inequalities. In this paper we analyze the ...
  • Balmaceda, Felipe; Sevilla Buitron, Maria Paola (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 2001)
    In the Human Capital Theory developed by Becker (1964) firms have no incentives to provide general training unless workers are willing to finance it. In this paper, we argued that under certain conditions (either asymmetric ...
  • Diaz, Carlos A.; Galetovic, Alexander; Soto, Raimundo (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 2001)
    This paper studies three issues of the Chilean electricity regulation and their incidence in the energy crisis of 1998-99. Could the price mechanism manage the supply shortage without blackouts? Did the regulation provide ...
  • Hernández Trillo, Fausto; Villagómez, Alejandro (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 2001)
    This paper studies the evolution and composition of the public debt of Mexico, with an emphasis on the internal components. The results of the analysis suggest that there is no evidence of a strong relationship between the ...
  • Bergoeing, Raphael; Suárez, Juan Enrique (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 2001)
    Since the publication of the 1982 Kydland and Prescott�s paper, the business cycles literature has experienced significant changes. The traditional view characterized by product fluctuations mainly accounted for by nominal ...
  • Johnson, Christian (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 2001)
    International capital market integration together with increasing international volatility, requires an accurate evaluation of the potential losses that portfolio managers may face as a result of international turbulence. ...
  • Fernández, Viviana (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 2001)
    Technological innovations have contributed over the years to an increasing stock of durable goods -those products that are not immediately consumed but provide a stream of services over a long period of time. Indeed, ...
  • Saavedra, Eduardo (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 2001)
    This paper presents a theoretical assessment of the efficiency implications of alternative vertical structures in an industry characterized by a natural monopoly, vertically related to potentially competitive markets ...
  • D'Agata, Antonio (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 2001)
    This note provides a new proof of the existence of a walrasian equilibrium in pure exchange economies under quite standard and general assumptions. The proof still employs a fixed point argument, however, it is shorter and ...
  • Nowak-Lehmann D., Felicitas (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 2001)
    This paper is part of a series examining the relevance of the most important textbook growth models. The model of choice in this paper is an endogenous growth model. The AK model �chosen as a representative of an endogenous ...