Recent work has quantified the large negative effects of motherhood on female labor market outcomes in Europe and the US. But these results may not apply to developing countries, where labor markets work differently and informality is widespread. In less developed countries, informal jobs, which...

This paper estimates the direct and spillover effects of two matching grants schemes designed to promote firm-level research and development (R&D) investment in Chile on firm productivity. Because the two programs target different kinds of projects - the National Productivity and Technological...

There is a consensus in the literature on the relevance of the first 1,000 days since conception in the development of a child's cognitive and non-cognitive skills. However, little is known of the determinants of these skills at that age, as previous literature has focused on the effect of in...

A growing body of research, based on large-scale international comparisons, has associated socioeconomic development with several intervening factors, such as levels of respect for social norms, interpersonal trust, degrees of confidence in public institutions, or incidence of corruption in...

We study the effects of violence towards children on early childhood development. We contribute to the literature providing estimates of the effects of violence (verbal and/or physical) that control for child-mother unobserved characteristics. We find that violence has negative effects on verbal...

This paper uses administrative data from projects for which an application was made to CORFO's (Chile's main development agency) Seed Capital Program (SCP) during the 2008-12 period. This paper analyzes the likely impact of the program-which is a subsidy provided to new, innovative firms on...

There is a consensus in the literature on the relevance of the first 1,000 days since conception in the development of a child's cognitive and non-cognitive skills. However, little is known of the determinants of these skills at that age, as previous literature has focused on the effect of in...

Durch die demographischen und ökonomischen Entwicklungen der letzten Dekaden sind Zweifel an der Tragfähigkeit der Gesetzlichen Rentenversicherung (GRV) laut geworden. Die Rufe nach einer Neugestaltung sind in keinem Zweig der Sozialversicherung so deutlich wie in der GRV. Ökonomische...

A growing body of research, based on large-scale international comparisons, has associated socioeconomic development with several intervening factors, such as levels of respect for social norms, interpersonal trust, degrees of confidence in public institutions, or incidence of corruption in...

Entwicklungsländern wird seit drei Jahrzehnten die Diversifizierung ihrer Exportstruktur empfohlen. Eine Exportdiversifizierung soll die Eingliederung in die internationale Arbeitsteilung verbessern und damit ein nachhaltiges Wachstum fördern. Die Zusammenhänge zwischen Exportdiversifizierung...

This paper uses administrative data from projects for which an application was made to CORFO’s (Chile’s main development agency) Seed Capital Program (SCP) during the 2008-12 period. This paper analyzes the likely impact of the program-which is a subsidy provided to new, innovative firms on...

We study the effects of violence towards children on early childhood development. We contribute to the literature providing estimates of the effects of violence (verbal and/or physical) that control for child-mother unobserved characteristics. We find that violence has negative effects on verbal...

The food and agricultural value chains have experienced constant changes throughout the last decades having important organizational and economic implications that have shaped global markets. Among these changes, a rapid globalization and the increasingly openness of international trade have...

Esta investigación explora los procesos de construcción de capacidades, aprendizaje y especialización de agencias públicas que regulan sectores intensivos en recursos naturales. Particularmente, se estudian los casos de dos agencias regulatorias chilenas en los sectores de acuicultura y...

To study the effect of political and institutional changes on the economy, we look at share prices in the Santiago exchange during the tumultuous political events that characterized Chile in the early 1970s. We use a transparent empirical strategy, deploying previously unused daily data and...

A major concern with the rapid spread of technology is that it replaces some jobs, displacing workers. However, technology may raise firm productivity, generating more jobs. The paper contributes to this debate by exploiting a novel panel data set for Chilean firms in all sectors between 2007...

A major concern with the rapid spread of technology is that it replaces some jobs, displacing workers. However, technology may raise firm productivity, generating more jobs. The paper contributes to this debate by exploiting a novel panel data set for Chilean firms in all sectors between 2007...

This paper examines a panel (1994-2014) of Chilean non-financial firms, both publicly listed and private, which was built to analyze the determinants of the use of foreign currency debt and their potential consequences for firm investment and profitability. It is found that foreign assets and...

We study the effect of adolescent motherhood on education and labor outcomes among 20-24 year old women in Chile. We identify causal effects of motherhood with family fixed effects using a large data set covering the 1990-2011 period. Teen motherhood has negative effects on education and labor...

Why do people acquire consumer debt? In this article, I draw on the case of Chile and call into question the explanatory power of both the "trickle-down" and "privatized Keynesianism" hypotheses. I argue that these narratives fail to explain why, in the context of wage improvements, consumers...

In an effort to boost student achievement and reduce income-based gaps, the Chilean government passed the Preferential School Subsidy Law (SEP) in 2008, which altered the nation's 27-year-old universal school-voucher system dramatically. Implementation of SEP increased the value of the school...

This paper examines a panel (1994-2014) of Chilean non-financial firms, both publicly listed and private, which was built to analyze the determinants of the use of foreign currency debt and their potential consequences for firm investment and profitability. It is found that foreign assets and...