In Asien entsteht eine neue Freihandelszone, und auch Lateinamerika plant den Abschluss eines Handelsabkommens. Führt der Aufstieg der neuen Wachstumsmärkte zu einem neuen Kräfteverhältnis auf dem Weltmarkt und einer Verschiebung des Schwerpunkts des Welthandels? Für Barbara Dluhosch,...

This paper distinguishes how the source of lending affects gross domestic product (GDP) per capita in Brazilian municipalities between 2007 and 2016. A unique data set allows us to discriminate between the effects of lending operated by either private or public commercial banks, and loans...

Are skill sets of immigrants and native workers complementary? The present paper shows that culture and cultural diversity are persistent over generations and that inherited cultural diversity generates a positive wage externality in local labor markets. The effect does not stem from the...

The present paper investigates whether the decentralization of the rural land property tax (ITR) in Brazil increases the aggregate volume of tax collection from this source. We apply a difference-in-differences strategy where treatment is defined as the switch from a federal administration to...

This paper analyses employment transitions and workers' skills in Brazil using a random sample from the universe of formal labour contracts covering the period from 2003 to 2018. We develop a novel procedure to derive a measure of occupational distance and internationally comparable skill...