Various economic models ignore the complexity of green field investment and do not assign a fundamental role to institutional uncertainty on the decision making of capital expenditures. These assumptions can be applicable to developed nations, but do not certainly fit into emerging economies. We...

Using administrative data for Chile, we study the impact of School Starting Age (SSA) on the characteristics of the school of first enrollment. After addressing the usual concerns of endogeneity using minimum age requirements and an RD-design, we uncover gains associated with a delay of school...

In this paper, we study the short-term effect of fine particulate matter (PM 2.5) exposure on respiratory Emergency Room (ER) visits in Chile, a middle-income country with high levels of air pollution. To instrument for PM 2.5 we use wind speed at different altitudes (pressure levels). Unlike...

This paper provides a deep analysis into the legal dispute between Argentina and the holdouts as a consequence of the 2001 sovereign default. This paper highlights how the legal conflict helped uncover fundamental issues in the sovereign debt restructuring mechanism (SDRM). Questions regarding...

Organs for transplantation are extremely valuable, and their shortage has become one of the most burning public policy issues in most countries with developed transplant programs. Could the kidney transplantation system benefit from an injection of Adam Smith's ideas? In this paper, we combine...

Based on the theory of personality BIS / BAS (Carver and White, 1994) and the motivational theory of Self-determination theory (Gagné and Deci, 2005), studied the relationship between both models in order to identify profiles that allow us to understand the characteristics and motivational...

Using several data sources from Chile, we study the impact of the size of the school choice set at the time of starting primary school. With that purpose, we exploit multiple cutoffs defining the minimum age at entry, which not only define when a student can start elementary school, but also the...

The objective of this research was to analyze the relationship between leadership styles and executive functions of planning and decision-making, in chief officers of the Argentine Navy, who are working as students of the Command and General Staff course at the Naval War School. A survey was...