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2.249  Articles
1 of 226 pages  |  10  records  |  more records»
This paper presents compelling evidence against the null hypothesis of a unitroot in series such IMACEC, consumption or GDP for the Chilean economy.This evidence builds on results derived by Chumacero (2000) that show thatwhen the scale variable is differ... see more


This paper develops a framework for evaluating the importance of the arrivalof new information for forecasting, estimation, and decision making. By fusingknown and recently developed statistical tests and concepts, the paper providesguidelines for detecti... see more

The positive impact that competition has on performance in most industries has been questioned in the education sector. The difficulty to measure competition, the idea that parents don’t rationally choose schools for their children, and that schools do no... see more

One of the pillars of the educational voucher system is that competition between schools to attract students would improve the quality of the education provided. Surveys in Chile have suggested that parents are not aware of the performance of their childr... see more

The educational voucher system builds on the pillars of informed choice and competition to improve the quality of the education provided. This document summarizes some of the results of recent literature on the subject, and discusses their public policy i... see more

Despite having accumulated physical and human capital at significant rates, Latin America’s growth has been generally disappointing. Successful growth episodes have been accompanied by surges in TFP, sound and stable macroeconomic policies, and fewer dist... see more

This paper presents a systematic empirical characterization of income distribution in Chile. Such characterization helps us to understand the apparent paradox regarding the coexistence of a successful economic performance and persistently high inequality ... see more

This paper compares the results of applying several detrending methods to the Chilean monthly economic activity index (IMACEC) using real-time data sets. We show that data revisions are extremely important and that they can lead to systematically inconsis... see more

1 of 226 pages  |  10  records  |  more records»