Using panel data from Chilean manufacturing plants, we estimate the impact of a stamp tax, levied on loans by financial institutions, on capital stock. Our results show that the tax has a statistically significant negative effect on the stock of capital. Specifically, we find that a rise of one...

We estimate the causal effect of accidents on employment and earnings in the Chilean labor market using event study methods and monthly data. An accident reduces the probability of being employed by 8.3 percentage points in the first year, by 11.1 percentage points in the second year, and by...

This paper presents evidence on a rise and fall in income inequality in Chile during the past two decades. We show that income inequality rises from 1990 to 2000 and then falls from 2000 to 2011. We perform simple but informative decompositions to figure out the contributing factors behind that...