Este artículo calcula el efecto distributivo en los hogares de los impuestos vigentes en Chile. La distribución del ingreso antes y después de los impuestos es muy similar y los cambios drásticos de la estructura tributaria apenas afectan la distribución post-impuestos. Se muestra que el...

Developing countries are trying to develop long-term financial markets and institutional investors are expected to play a key role. This paper uses unique evidence on the universe of institutional investors from the leading case of Chile to study to what extent mutual funds, pension funds, and...

This paper quantifies the direct impact of taxes on income distribution at the household level in Chile and estimates the distributional effect of several changes in the tax structure. We find that income distributions before and after taxes are very similar (Gini coefficients of 0.448 and...