We estimate real estate's exposure in Chile to five weather risks, including labor productivity loss due to heat, fires, floods, drought coastal deterioration as measured by the Chilean Climatic Risk Atlas (ARCLIM) and Climate Impact Explorer (CIE) sources. According to our joint ARCLIM-CIE...

Over the last forty years, Latin American countries (LACs) have experienced a variety of specialization trajectories, while sharing a common pattern of weak and unstable growth. Given the accelerated premature deindustrialization path and the loss of productive capacity, manufacturing has...

In Colombia, women represent 65% of the teacher workforce but only 34% of school principals, reflecting a significant gender gap in leadership. This study examines two centralized principal selection processes implemented by Colombias National Civil Service Commission: the 2016 nationwide...

Research about trade liberalization's impact on markups has focused on manufacturing due to data availability considerations. How do these effects vary across sectors? Which industries become more and less competitive as trade barriers are eliminated? We leverage firm-level tax records from the...

The functioning of the banking sector is key for economic growth. In this paper, we first gather banks' balance sheet monthly regulatory information in a consistent manner for seven Latin American countries. Second, we estimate lending markups and deposits markdowns in each country over time....

This paper presents new evidence on schooling mobility across three generations in six Latin American countries. By combining survey information with national census data, we have constructed a novel dataset that includes 50,000 triads of grandparents, parents, and children born between 1890 and...

Cash benefit programmes have increasingly emphasised conditionality and "demanding" forms of activation in recent decades. Behavioural requirements are now a key element in reforms of unemployment benefits (UB) and related out-of-work benefits in high-income OECD countries, and they are the...

Conditional Cash Transfers (CCTs) have become a key antipoverty policy in Latin America in the last 25 years. The ultimate goal of this kind of programs is to break the intergenerational transmission of poverty through the promotion of human capital accumulation of children in vulnerable...

This paper explores how female political leaders impact environmental outcomes and climate change policy actions using data from mixed-gender mayoral races in Brazil. Using a Regression Discontinuity design, we find that, compared to male mayors, female mayors significantly reduce greenhouse gas...

Entrepreneurship plays a crucial role in driving innovation, productivity, and economic growth, with universities emerging as key actors within entrepreneurial ecosystems. This study seeks to expand the understanding on the role of Latin American universities on entrepreneurial ecosystems by...

In the last seven decades multilateral agencies have by and large conditionned the external policies of several countries. Recently, uneasiness with several aspects has led to initiatives that question the present framework. The formation of the BRICS is a good example. However, initiatives by...

This study examines school-to-work transitions (STWTs) in Chile and Uruguay, focusing on education-occupation linkages. For the first time, we apply the linkage strength approach to Latin American countries, using cross-sectional household survey data. Since STWT research is highly segregated...

This paper aims to assess the extent to which cash transfers, direct taxes, and social contributions help to reduce gender income inequalities in seven Latin American countries: Argentina, Bolivia, Colombia, Ecuador, Mexico, Peru, and Uruguay. We apply microsimulation techniques to household...

This paper presents new evidence on schooling mobility across three generations in six Latin American countries. By combining survey information with national census data, we have constructed a novel dataset that includes 50,000 triads of grandparents, parents, and children born between 1890 and...

This paper analyses the structural vulnerabilities of Latin American economies amid recent United States (US)-China tariff escalations and identifies strategic opportunities emerging from these shifts. Based on descriptive bilateral trade data from 2023 for the largest Latin American economies -...

This paper explores how female political leaders impact environmental outcomes and climate change policy actions using data from mixed-gender mayoral races in Brazil. We rely on a Regression Discontinuity design that compares municipalities where women narrowly won the election with those where...

International trade increases aggregate welfare but also creates winners and losers, which makes free trade a contentious political issue. Recent research has established that individuals are more sensitive to anti-trade information about the prospect of employment loss than to pro-trade...

This paper examines the impact of safeguard import tariffs on market diversity in Ecuador from 2015 to 2017. Using firm-level data, we estimate the effects of tariffs on revenue and market shares in the Manufacturing and Wholesale & Retail (W&R) sectors with a Quantile Treatment Effect on the...

Economic research on sexual minority individuals in low- and middle-income countries is limited due to the lack of representative data including information on sexual orientation. This paper uses census data from eight Latin American countries to explore socioeconomic disparities between...

Governance theories offer a useful approach to policy by highlighting the need for multi-actor, multi-sectoral, and multi-level cooperation to deal with complex problems. Digitalisation, on the other hand, can be a means for managing networks, for helping to maintain the dynamics of...

This study examines how institutional quality and economic inequality influence parenting decisions across Latin America. Parenting is conceptualized as a strategic response to structural conditions, where families adapt both long-term approaches and short-term disciplinary tactics to local...

We assess intergenerational mobility in terms of education and income rank in five Latin American countries - Brazil, Chile, Ecuador, Mexico, and Panama - by accounting for the education and occupation of both parents. Based on the Lubotsky and Wittenberg (2006) approach, we find that...

Wavelet coherence analysis (WCA) examines the dynamic interactions between economic policy uncertainty (EPU) in Brazil, Chile, Colombia, and Mexico and key external variables, using monthly data from 2010 to 2022. The findings reveal the following: (i) medium-term co-movements (4-16 months)...

This study empirically examines whether Brazil's remarkable economic growth from 2003 to 2010 was primarily driven by Lula's policies or favorable global economic conditions using the Synthetic Control Method - a robust causal inference technique for assessing policy effects when randomized...

Substantial amounts of British capital flowed to Latin America during the first era of globalisation. Companies financed by this capital were typically headquartered in the UK, but operated thousands of miles away. This paper asks how this geographic separation between governance and business...

We examine the urban learning and schooling premium in Peru using two approaches: 1) estimating the effect of local population density on pupils' value-added in learning between grades two to eight, 2) quasi-experimental Census estimations on the effects of the duration of urban exposure in...

In the 2010s, Peru experienced an increase in public educational investment, a substantial improvement in public school learning outcomes, and an erosion in the private sector learning premium. We use longitudinal, geo-coded register data on primary schools and pupils in urban areas to study how...

Using data from over 500,000 dual-earner households in Mexico, we provide evidence of discontinuities in the distribution of relative income within households in Latin America. Similar to the situation in high-income countries, we observe a sharp drop at the 50% threshold, i.e., where the wife...

"Rethinking Taxation for Growth in Latin America and the Caribbean: Objectives, Behavioral Responses, and Technological Advances" argues for a shift beyond the traditional focus on collection efficiency and equity to explicitly include economic growth as a primary objective. It highlights how...

In this paper, we examine energy demand in a group of Latin American regions using a fractional integration approach. Employing annual data from 1965 to 2023 on primary energy consumption in exajoules (EJ) and per capita consumption in gigajoules (GJ), we investigate the persistence and...

We study the effect of a randomized one-on-one remote phone tutoring program implemented between 2021 and 2023. The intervention reached more than seven thousand students in seven Latin American countries: Argentina, Brazil, El Salvador, Guatemala, Mexico, Paraguay and Peru. The program targeted...