This document analyzes the effects of recent oil shocks on the economies of Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, and Nicaragua. The general results are as follows. First, oil demand responded elastically to economic activity, and was almost perfectly inelastic to its...

Dado el gran potencial que tendría el uso intensivo y extendido de los modelos de micro-simulación en América Latina, el Programa de las Naciones Unidas para el Desarrollo (PNUD) y el Centro Internacional de Investigaciones para el Desarrollo de Canadá (IDRC por sus siglas en inglés)...

This book presents several microsimulation models that can be used to assess the welfare consequences of a number of policy reforms in five countries: Brazil, Chile, Guatemala, Mexico and Uruguay. By using micro data from national surveys, the models not only characterize the population on the...