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Vol. 17, No. 2 (2002)

Vol. 17, No. 2 (2002)

 

Recent Submissions

  • Lejarraga García, Ana; Vidal Melia, Carlos; Devesa Carpi, José E. (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 2002)
    In this paper we analyze the different types of pension plans available in those Latin American countries which have pension systems based on individual capitalization accounts with defined contributions. Based on ideas ...
  • Galetovic, Alexander; Olmedo, Juan Carlos; Soto, Humberto (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 2002)
    We estimate the social cost of eliminating energy outages in Chile's Central Interconnected System (SIC) with the hydrotermic dispatch model used to operate the system. We simulate the optimal operation with 1,000 random ...
  • Lora, Oscar (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 2002)
    The paper presents empirical evidence regarding asset substitution in Bolivia in the 1990-2002 period. Using an ARCH-M/TARCH specifica-tion, the exchange rate depreciation is modeled in a crawling-peg re-gime with a real ...
  • Edwards, Gonzalo (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 2002)
    This paper estimates the rate of discount to be used in Chile when evaluating long run projects with environmental consequences. The methodology is known as Gamma Discounting and was presented first by Martin Weitzman in ...
  • Salas Landeau, Sergio A. (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 2002)
    This paper studies the existence of "excess" current-account imbalances in Chile in the 1960-1999 period. This phenomenon is modelled using present value tests that allow for variable interest rates and exchange rate ...