This dissertation analyzes different aspects of the globalization process. In recent years we witnessed an increasing role of emerging economies in world capital markets. Moreover, there has been a large reduction in trade costs which has allowed production to be offshored to less developed...

En este documento se investiga empíricamente el impacto de la heterogeneidad en el incremento de los precios de la vivienda a nivel municipal en la ineficiente asignación del capital dentro de las industrias manufactureras. Utilizando el extraordinario boom inmobiliario que tuvo lugar en...

This thesis focuses on the study of different aspects of income inequality across and within countries. In the first chapter, I study how the optimal provision of human capital is distorted in the presence of borrowing constraints and private information on talent and wealth. It shows that...