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Vol. 16, No. 2 (2001)

Vol. 16, No. 2 (2001)

 

Recent Submissions

  • 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 ...
  • 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 ...