This paper presents a systematic empirical characterization of income distribution in Chile. Such characterization helps us to understand the apparent paradox regarding the coexistence of a successful economic performance and persistently high inequality in income distribution and to assess the...

Through flows from 3 states, employment, unemployment and out of the labor force, we analyze the dynamics of labor markets in Chile from 1962-2007. We identify some periods of different labor market regimes and relate them with changes in flexibility. We found that reforms such as that of 1967,...

La mayoría de los 1.600 muertos anuales por accidentes de tránsito en Chile se relaciona con el exceso de velocidad. Una herramienta de control de velocidad, el fotorradar, puesta en uso a mediados de la década de 1990, fue abrupta y prácticamente prohibida por una ley que se promulgó sobre...

One of the pillars of the educational voucher system is that competition between schools to attract students would improve the quality of the education provided. Surveys in Chile have suggested that parents are not aware of the performance of their children's schools. In this paper, we assess...

The educational voucher system builds on the pillars of informed choice and competition to improve the quality of the education provided. This document summarizes some of the results of recent literature on the subject, and discusses their public policy implications.

Using a sample of 680 and 1,300 judicial and private auctions respectively, we analyze the effect on the wealth of those the law is intended to protect of different regulations applicable to each type of auctions. We find that consistent with a simple economic model, Courts assign judicial...

Using a statistical technique to correct for the presence of the selectivity bias, this paper estimates gender wage gaps in Chile for the period 1958-1990. Gender wage gaps are decomposed into an “endowment” effect –associated with different stocks of human capital- and a...

En este trabajo se señala qué naturaleza deberían tener las encuestas de empleo, con el objetivo de proveer información que permita entender el problema conocido como “persistencia”. La “persistencia” que está presente en muchas conductas económicas, entre las que se cuenta la...

Este estudio está basado en una de las líneas de investigación más conocidas de la Teoría de las Decisiones Públicas (Public Choice). Esta trata de comprobar la efectividad de una de las proposiciones de carácter político económico más ampliamente difundidas y comúnmente aceptadas: el...