In this paper we study the presence of calendar anomalies in the main Latin- American stock markets, for the 1993 to 2007 period. The literature has shown that the detection of those effects may depend on error distribution assumptions (Baker et al., 2008), and that their existence could be due...

This study addresses inequality of opportunities in access to education for the school-age population and in labor income for the working-age population in Bolivia. Stochastic dominance criteria are used to evaluate the existence of these inequalities. Subsequently, we approximate them using...

This article intends to rebut the arguments against teaching and research in the history of economic thought, thus, highlighting its relevance in the academic formation of future economists. In a moment where economics has been questioned for its inability to provide answers and for its...

This note discusses some ideas in regards to the character, method, and identity of historians of economic thought. They may be considered “generalist” economists, who hold knowledge of general theories. This knowledge allows them to establish links between different fields of specialization...

What on earth are economic theorists like me trying to accomplish? The paper discusses four dilemmas encountered by an economic theorist: i) the dilemma of absurd conclusions: should we abandon a model if it produces absurd conclusions or should we regard a model as a very limited set of...

In the year 2000, the Mouvement des étudiants pour la réforme de l’enseignement de l’économie proposed a criticism with wide international echo in economical sciences as well as in the teaching of the same. We hereby propose a critical assessment of established positions indicating that...

This essay is a commented bibliographic inventory of the references in the economic thought concerning the affection and the family, from Adam Smith to the authors that recently have formalized models toward this subject. Within the commented authors are: Smith, Malthus, Sade, Fourier, J.S....

This paper provides a comparison between Adam Smith and David Ricardo’s treatments of poverty in a capitalist society. The comparison focus on the different arguments they use to relate poverty to inequality and institutional realities. The discussion points out the life experiences of each...