5 articles in this issue
Jorge Rivera, Patricia Toledo
In contrast to other empirical studies, this paper analyzes the effect of public investment on infrastructure on the Chilean growth. Based on Glomm and Ravikumar (1994) and Yoke (2001), we present a stochastic model to test the hypothesis of endogenous gr... see more
Jorge Oviedo, Ana Rubio
Baïou y Balinski (2002) generalized the model of firms-workers allocation to one in which allocation is planned determining both the allocation of workers to firms and how much time workers will dedicate to firms. A planning is stable if there is no pair ... see more
Paul Makdissi, Quentin Wodon
Welfare comparisons may be sensitive to the assumptions made about economies of scale within households. This paper uses recent advances in sequential stochastic dominance techniques to show how to test for the robustness of poverty and housing quality co... see more
Eugenio Bobenrieth
Stock variations are recognized, by market participants and by the literature, as relevant in the determination of prices of storable assets. This paper presents results in the literature of rational expectations dynamic models based on stock variations, ... see more
Juan Pablo Montero
Policy makers in different parts of the world are paying more attention to environmental markets (i.e., tradeable permits markets) as an alternative to the traditional command-and-command control approach of setting uniform emission and technology standar... see more