5 articles in this issue
Enrique Casares
We develop an endogenous growth model with three goods, exportable, importable and non-tradable. We study the response of the real exchange rate and of the economy growth rate to a decrease in the tariff rate. We show that trade liberalization must be fol... see more
Jose Mendez
The aim of this paper is to complement the existing literature on horizontal mergers, by setting a Cournot mixed oligopoly model. Specifically, the merger paradox is qualified by proving that a merger could be profitable for the merging firms even if it d... see more
Jorge Streb
Can limited government be a driving force of economic development? This idea goes back to Montesquieu, and is closely related to recent research in institutional economics. Measuring limited government with the Henisz political constraints index, and econ... see more
Solange Berstein
This article is the first one to use individual data to analyze the demand for AFP in Chile. This study implements panel data techniques which allow us to estimate the switch probability of an AFP customer. Results confirm the fundamental role of sales ag... see more
Ianina Rossi
In this paper we analyze the links between health status (measured by selfreported illness occurrence) and individuals’ socioeconomic situation. Using the annual households surveys of Uruguay for the period 1991 to 2000, we compute probit models and find ... see more