A key characteristic of regulatory schemes in Latin America is its virtual absence of mechanisms for coping with outages in the supply of public utilities. This paper presents such a mechanism, which has the advantage of being complementary to the medium

In 1992, Laboratorios Chile and Recalcine, the two largest pharmaceutical companies in Chile with a share of 82% of the domestic markets for generic products, were accused of collusion. The paper analyzes the process and the evidence considered by the Antitrust Commissions to assess the extent...

Este estudio se focaliza en la eficiencia de costos del sistema bancario chileno. Se encuentra evidencia a favor de la existencia de economías de escala en bancos de tamaño pequeño y mediano, no así para los bancos grandes. La inexistencia de evidencia a favor de las economías de ámbito no...