Este documento presenta la institucionalidad, el gasto público y la sostenibilidad financiera del sistema de pensiones en Costa Rica. En 1886, comenzó la larga tradición en pensiones de Costa Rica que alcanza un momento medular en la década de los cuarenta con la operación del seguro...

Costa Rica has been hit hard by the COVID-19 pandemic, notwithstanding the authorities' proactive policy response and the country's well-established universal healthcare system. The socio-economic impact has been significant, exacerbating an already fragile outlook and pre-existing imbalances,...

Costa Rica has seen remarkable social and economic progress over the last three decades, with income per capita doubling, and well-being indicators reaching levels comparable with countries of the Organization of Economic Cooperation and Development (OECD). Nevertheless, the country still faces...

We present a first assessment of the predictive ability of machine learning methods for inflation forecasting in Costa Rica. We compute forecasts using two variants of k-nearest neighbors, random forests, extreme gradient boosting and a long short-term memory (LSTM) network. We evaluate their...

This paper assesses Costa Rica's public debt sustainability empirically using three complementary approaches: the calculation of the debt-stabilizing primary fiscal balance obtained from the government's intertemporal budget constraint, the estimation of the parameters of a fiscal policy...

This paper investigates peer effects in the academic achievement of Costa Rican students. Two measures of peer effects are used: (1) a measure of a schools' average socioeconomic status and (2) a measure of unsatisfied basic needs at district level. The estimation of a three-level hierarchical...