This article tests the existence of credit constraints on higher education access by estimating actual marginal returns in the context of unobserved heterogeneity. We estimate higher education returns for those who attend to it and compare them with those of individuals who are at the margin of...

In several countries governments fund childcare provision, but in many others it is privately funded as labour regulation mandates that firms have to provide childcare services. For this latter case, there is no empirical evidence on the effects generated by the financial burden of childcare...

This study exploits the reduction of weekly working hours from 48 to 45 announced in Chile in 2001 and implemented in 2005. Our results suggest that non-anticipatory behavior of firms was found on key variables and several robustness checks confirm our results. Furthermore, we found that the...

Desde el origen de la producción de mercancías, ha habido preocupación por la seguridad de los trabajadores, conforme pasaron los años se fueron analizando los problemas que surgieron. Aparece así la necesidad de crear procedimientos que ayuden a la prevención de accidentes y enfermedades...

This paper analyzes the impact of student loans for higher education on enrollment, dropout decisions, and earnings. We investigate the massive State Guaranteed Loan (SGL) program implemented in Chile in 2006. Our empirical analysis is based on the estimation of a sequential schooling decision...

Previous empirical works on municipal efficiency have mostly used cross-sectional data which makes it impossible to separate unobserved heterogeneity from inefficiency. Furthermore, they have also typically used a two stages approach which has been widely criticized as the assumptions made in...