Estudios de Economía  

Oscar Altimir

The article attempts an assessment of the long-term evolution of poverty in the four Latin American countries for which there is enough historical data. Argentina, Colombia, Chile,and Mexico represent a variety of the different national situations present... see more

Ricardo Caballero

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Roberto Alvarez

There are several arguments in the literature regarding that more open economieswould grow faster in the long term. Nevertheless, the channels through whichopenness increases growth have not been clearly identified in empirical analysis.In this article, w... see more

Carlos Oyarzún, Ivan Araya

The aim of this article is to examine the process of economic growth in the regions of Chile using a time series approach.In particular,we test the hypothesis of a unit root in the log of the ratios of per capita product between every possible pair taken ... see more

Víctor Elías

This paper analizes with cross-sectional data if the Golden Rule condition satisfies: where the saving index is equal to capital (beta) or to the real interest rate, equal to the gross output growth of households.

Jorge Streb

Political instability has been emphasized as a major source of uncertainty in Latin America. However,arbitrariness, i.e. the lack of constraints on the government, can also be seen as a major source of uncertainty in developing countries. Two dimensions o... see more