5 articles in this issue
Roberto Contreras
We study cartel stability in a differentiated price-setting duopoly with returnsto scale. We show that a cartel may be equally stable in the presence of lowerdifferentiation, provided that the decreasing returns parameter is high. In additionwe demonstrat... see more
Marco del Bianco
This paper tests the Purchasing Power Parity Theory of Exchange Rates dealingwith Argentinean data for the period 1900-2006. This is equivalent to testing ifthe Real Exchange Rate is a stationary variable or if its components (the nominalexchange rate and... see more
Gonzalo Edwards
The subject of Climate Change is here to stay for at least the rest of the 21stcentury. The extent to which climate change can be expected; the importance inits determination of anthropogenic factors, relative to natural causes; its impacton world agricul... see more
Mariana Gerstenbluth
We analyze data on happiness for Argentina and Uruguay. The focus is put onself-reported health status as a key aspect in increasing happiness levels. Then,the probabilty of being happy is estimated by probit models.Results show that the main relationship... see more
Claudio Agostini
Chile’s recent success in reducing poverty has been remarkable, with povertyrates falling by approximately two-thirds over the last 20 years. However, furthergains against poverty may be inhibited by the increasing difficulty associatedwith targeting fewe... see more