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  • 10 Años de Convertibilidad: La Experiencia Argentina 

    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 ...
  • Lucha contra la Evasión Fiscal y la Corrupción. La Importancia de Establecer Prioridades 

    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 ...
  • Invirtiendo en Entrenamiento General: El Programa de Formación Dual 

    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 ...
  • Anatomía de la Crisis Eléctrica 

    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 ...
  • ¿Qué Debemos Explicar? Reportando las Fluctuaciones Agregadas de la Economía Chilena 

    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 ...
  • La Estructura de la Deuda Pública en México 

    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 ...
  • Un Análisis de la Volatilidad del Bono Soberano Chileno 

    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. ...
  • What drives replacement goods at the micro level? 

    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, ...
  • The Role of Informational Rents: Network Utilities and Vertical Structure 

    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 ...
  • Yet Another Proof of the Existence of a Competitive Equilibrium 

    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 ...
  • Does the AK model apply to the Chilean economy? Time-series evidence for the period of 1960-1998 

    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 ...

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