We estimate real estate's exposure in Chile to five weather risks, including labor productivity loss due to heat, fires, floods, drought coastal deterioration as measured by the Chilean Climatic Risk Atlas (ARCLIM) and Climate Impact Explorer (CIE) sources. According to our joint ARCLIM-CIE...

This study examines school-to-work transitions (STWTs) in Chile and Uruguay, focusing on education-occupation linkages. For the first time, we apply the linkage strength approach to Latin American countries, using cross-sectional household survey data. Since STWT research is highly segregated...

This paper aims to assess the extent to which cash transfers, direct taxes, and social contributions help to reduce gender income inequalities in seven Latin American countries: Argentina, Bolivia, Colombia, Ecuador, Mexico, Peru, and Uruguay. We apply microsimulation techniques to household...

Over the last forty years, Latin American countries (LACs) have experienced a variety of specialization trajectories, while sharing a common pattern of weak and unstable growth. Given the accelerated premature deindustrialization path and the loss of productive capacity, manufacturing has...

In Colombia, women represent 65% of the teacher workforce but only 34% of school principals, reflecting a significant gender gap in leadership. This study examines two centralized principal selection processes implemented by Colombias National Civil Service Commission: the 2016 nationwide...

Research about trade liberalization's impact on markups has focused on manufacturing due to data availability considerations. How do these effects vary across sectors? Which industries become more and less competitive as trade barriers are eliminated? We leverage firm-level tax records from the...

The functioning of the banking sector is key for economic growth. In this paper, we first gather banks' balance sheet monthly regulatory information in a consistent manner for seven Latin American countries. Second, we estimate lending markups and deposits markdowns in each country over time....

This paper presents new evidence on schooling mobility across three generations in six Latin American countries. By combining survey information with national census data, we have constructed a novel dataset that includes 50,000 triads of grandparents, parents, and children born between 1890 and...

Cash benefit programmes have increasingly emphasised conditionality and "demanding" forms of activation in recent decades. Behavioural requirements are now a key element in reforms of unemployment benefits (UB) and related out-of-work benefits in high-income OECD countries, and they are the...

Conditional Cash Transfers (CCTs) have become a key antipoverty policy in Latin America in the last 25 years. The ultimate goal of this kind of programs is to break the intergenerational transmission of poverty through the promotion of human capital accumulation of children in vulnerable...

This paper explores how female political leaders impact environmental outcomes and climate change policy actions using data from mixed-gender mayoral races in Brazil. Using a Regression Discontinuity design, we find that, compared to male mayors, female mayors significantly reduce greenhouse gas...

Entrepreneurship plays a crucial role in driving innovation, productivity, and economic growth, with universities emerging as key actors within entrepreneurial ecosystems. This study seeks to expand the understanding on the role of Latin American universities on entrepreneurial ecosystems by...

In the last seven decades multilateral agencies have by and large conditionned the external policies of several countries. Recently, uneasiness with several aspects has led to initiatives that question the present framework. The formation of the BRICS is a good example. However, initiatives by...

This paper presents new evidence on schooling mobility across three generations in six Latin American countries. By combining survey information with national census data, we have constructed a novel dataset that includes 50,000 triads of grandparents, parents, and children born between 1890 and...

This paper analyses the structural vulnerabilities of Latin American economies amid recent United States (US)-China tariff escalations and identifies strategic opportunities emerging from these shifts. Based on descriptive bilateral trade data from 2023 for the largest Latin American economies -...

This paper explores how female political leaders impact environmental outcomes and climate change policy actions using data from mixed-gender mayoral races in Brazil. We rely on a Regression Discontinuity design that compares municipalities where women narrowly won the election with those where...

International trade increases aggregate welfare but also creates winners and losers, which makes free trade a contentious political issue. Recent research has established that individuals are more sensitive to anti-trade information about the prospect of employment loss than to pro-trade...

This paper examines the impact of safeguard import tariffs on market diversity in Ecuador from 2015 to 2017. Using firm-level data, we estimate the effects of tariffs on revenue and market shares in the Manufacturing and Wholesale & Retail (W&R) sectors with a Quantile Treatment Effect on the...

Economic research on sexual minority individuals in low- and middle-income countries is limited due to the lack of representative data including information on sexual orientation. This paper uses census data from eight Latin American countries to explore socioeconomic disparities between...

Governance theories offer a useful approach to policy by highlighting the need for multi-actor, multi-sectoral, and multi-level cooperation to deal with complex problems. Digitalisation, on the other hand, can be a means for managing networks, for helping to maintain the dynamics of...

This study examines how institutional quality and economic inequality influence parenting decisions across Latin America. Parenting is conceptualized as a strategic response to structural conditions, where families adapt both long-term approaches and short-term disciplinary tactics to local...

The pros and cons of CBDCs have been examined in numerous writings but much less research has focused on specific economies or regions. This paper attempts to fill that gap for the Latin American and Caribbean (LAC) economies. It first examines the views of central banks in the region toward...

This study empirically investigates the impact of Inflation Targeting (IT) on nominal interest rates over the past 40 years, focusing on 10 advanced and emerging economies. By using a Binary Regime Model embedded within a Backward-Looking Taylor, our findings confirm that IT adoption has...

Competition is a core element of economic growth, but empirical evidence on how competition affects productivity is often limited. Competition and Productivity Growth in Latin America and the Caribbean presents new empirical research that shows how competition policy in the region has...

We examine gender gaps in early childhood cognitive and social-behavioral skills across several Latin American and Caribbean (LAC) countries. Our study complements previous research focused on older children by analyzing the preschool period, a critical stage for lifelong human capital...

The green transition represents one of the most significant transformational forces in the labor market in the coming years. This paper analyzes the incidence of green jobs in four Latin American countries using information from job vacancy data. The results reveal a low incidence of demand for...

This study develops a multidimensional classification of Latin American and Caribbean countries based on a multidimensional set of economic, social, technological, and environmental indicators. This study develops a multidimensional assessment of the performance of Latin American and Caribbean...

This study empirically examines whether Brazil's remarkable economic growth from 2003 to 2010 was primarily driven by Lula's policies or favorable global economic conditions using the Synthetic Control Method - a robust causal inference technique for assessing policy effects when randomized...

This document analyzes the indirect costs of mental health for adolescents and young adults in Latin America and the Caribbean (LAC) region and its potential impact in lowering human capital in the region. It uses a broad definition of mental health conditions (MHC), classified into four...

After providing a general overview of the nature, pros, and cons of crypto assets and CBDCs, this paper focuses on documenting their recent experience in LAC. The region records a high interest in unbacked crypto assets and stablecoins and its authorities' policy responses have varied...

This study examines how institutional quality and economic inequality influence parenting decisions across Latin America. Parenting is conceptualized as a strategic response to structural conditions, where families adapt both long-term approaches and short-term disciplinary tactics to local...

This paper investigates the impact of public-private partnership (PPP)-enabling conditions on infrastructure development in Latin America and the Caribbean (LAC). Using a unique longitudinal dataset, this study analyzes how institutional conditions in 26 LAC countries influenced PPP investment...

This paper explores how female political leaders impact environmental outcomes and climate change policy actions using data from mixed-gender mayoral races in Brazil. Using a Regression Discontinuity design, we find that, compared to male mayors, female mayors significantly reduce greenhouse gas...