This paper reviews industrial policy in Latin America from the Great Depression to our days. Its purpose is to derive some lessons for what Latin American and Caribbean countries (LAC) should do in this area. It has ...

This paper shows one important result, namely, that corporate tax systems that allow at least for two sources of investment tax deductions (e.g., accelerated arbitrary investment depreciation and deductibility of part ...

Using retained profits, instead of realized capital gains, by simply adding them to the shareholders’ other sources of income is shown to be in general incorrect. We provide a methodology to include undistributed profits ...

La investigación se centró en el Programa Quiero Mi Barrio (PQMB) del MINVU, el cual trabaja con la participación ciudadana como principal motor en la intervención territorial, del cual se eligieron cuatro barrios para ...

This paper studies the labor market returns to a state guaranteed loan (SGL) used to finance university degrees. Using administrative data from Chile and a regression discontinuity design, we show that nine years after ...

In this paper we study the effect on the math gender gap from attending a singlesex classroom in a coeducational school versus a coeducational classroom in a coeducational school. In contrast to the previous literature ...

This paper analyzes productivity growth trends in emerging-market economies vis-à-vis advanced economies, both in the recent global productivity slowdown and from a long-term perspective. While income has converged in ...

Over the last five decades a growing number of governments in developed and developing countries have implemented targeting policies to increase the R&D to GDP ratio. However, until now there have been few attempts either ...

This paper studies the e ect of school entry and exit in the Chilean market-oriented educational system. During the period 1994-2012, 2,151 schools closed, roughly one- fth of the current stock of schools. At the same ...

Using a randomized controlled trial of a large-scale, publicly run micro-entrepreneurship program in Chile, we assess the effectiveness of business training and asset transfers to the poor. Using survey and monthly ...