As well acknowledged in the literature, housing is often the dominant consumption good for most households. As such, it should be included in a comprehensive welfare aggregate to measure people' living standards accurately. However, assigning a value to the flow of the dwelling for homeowners...

When measuring inequality of opportunity, researchers usually opt to eliminate within-type variation. Provided that in practice it is impossible to observe all circumstances, this implies that the researcher estimates a lower bound of the true level of inequality of opportunity. By using data...

We exploit time and spatial variation generated by the commodities boom to measure the effect of natural resources on human capital formation in Peru, a country with low governance indicators. Combining test scores from over two million students and district-level administrative data on mining...

As well acknowledged in the literature, housing is often the dominant consumption good for most households. As such, it should be included in a comprehensive welfare aggregate to measure people's living standards accurately. However, assigning a value to the flow of the dwelling for homeowners...

Do tariff revenues affect democratization? We argue that tariff revenues have two theoretically relevant effects: i) A rapacity effect: they generate incentives to control government, ii) A redistributive effect: they impact the returns to the factors of production changing the distribution of...

Do tariff revenues affect democratization? We argue that tariff revenues have two effects: i) A rapacity effect because the fiscal windfalls generate incentives to control government, and ii) A redistributive effect because tariffs impact the returns to the factors of production, changing the...