In this paper we analyze the foundations of corruption perception. Even when we employ the concept of corruption in several areas and its connotations vary widely depending on societies and people, it is possibly to find some elements in common which are connected with the misuse of public...

This paper considers the role of country-level opacity (the lack of availability of information) in amplifying shocks emanating from financial centers. We provide a simple model where, in the presence of ambiguity (uncertainty about the probability distribution of returns), prices in emerging...

AbstractLatin America is well known as an inequitable region. As it is recognized, inequality and corruption perception weaken the way that political institutions works and the democratic system. Focusing on Latin American and Caribbean countries, this paper analyzes what are the elements...

Abstract:Previous research has shown that richer people are more likely to engage in an environmentalcause. We extend it by considering the joint effect between subjective income and a set of macroeconomicvariables. For doing so, we employ the fifth wave of the World Values Survey (WVS).This...

Pro-environmental conducts are different from pro-environmental opinions, given the fact that there is not a strict relationship between meaning something and acting according to those principles. The aim of this paper is to examine the attitudinal factors which determine the concern for the...

This paper explores the key experiences that Uruguayans consider relevant for becoming an adult in Uruguay. In particular, we assess the linkages between adulthood and skills, income, labor market participation and marital status, among others transitions that have been found to be associated...

Economic literature has examined the impact of education and factors endowment on individual preferences towards free-trade and immigration by focusing on the sign of an interaction term between the educational level and the Gross Domestic Product per capita. The aim of this paper is to...

Este trabajo analiza la relación entre la distribución del ingreso y el bienestar individual a partir del nivel de felicidad reportado por los individuos en la encuesta Latinobarómetro 2008. La principal contribución de este trabajo es el análisis no solo del efecto directo del desempeño...