5 articles in this issue
Luis Felipe Brito-Gaona, Emma Iglesias
This paper looks for empirical evidence to show if a very interventionist government stimulates or not private investment in Latin America. Using the same model as Caballero-Urdiales y López-Gallardo (2012), we extend their analysis from five Latin-Americ... see more
Miguel González-Maestre, Diego Peñarrubia
Motivated by the fact that some regulations involve extra costs for those firms at a size beyond a critical threshold, this paper contributes to the analysis of the welfare distortions due to these regulations. In the context of a duopoly, our results sho... see more
José Méndez Naya
Taking as a reference a simple oligopoly model with differentiated products, in which there are three firms, the purpose of this paper is to complement the existing literature on mergers by proving that the traditional merger paradox can be avoided by ass... see more
Pablo García, Camilo Pérez N.
We analyze the effects of macroeconomic fluctuations, as well as episodes of financial instability and inflation, on inequality indicators in Chile for the period 1960-2014. The relationship between episodes of crisis and fluctuations on levels of inequal... see more
Esther Barros-Campello, Carlos Pateiro-Rodríguez, J. Venancio Salcines-Cristal, Carlos Pateiro-López
In this paper, we discuss the management of monetary policy of the Latin American central banks that have fully established inflation targeting. An optimal monetary rule is estimated for these economies using the Generalized Method of Moments. This analys... see more