After an impressive 12 point reduction in Peruvian monetary poverty, questions have been raised about the extent in which these figures mask deprivation in several other aspects critical for human development. We propose using the Alkire-Foster multidimensional headcount to address this issue,...

Highly volatile exchange rate don't come cheap in economies with large liability dollarization ratios. Therefore, central banks do no follow a unique objective of price stability but its preferences include an implicit exchange rate objective. This gives us reasons to believe that the Peruvian...

We propose a systemic approach to MDG assessment, which aims at exploiting the existence of interrelations and sinergies among indicators via the integration of a macro scenarios model and a set of probabilistic microeconometric models. Given this integrated system and an explicit loss function...