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Political uncertainty and economic underdevelopment
(Universidad de Chile. Facultad de Economía y Negocios, 2001-06)
Political instability has been emphasized as a major source of uncertainty in Latin America. However, arbitrariness, i.e. the lack of constraints on the government, can also be seen as a major source of uncertainty in ...
Política y comportamientos sociales en América Latina
Bolivia: coyuntura y caminos políticos
Decentralization, political competition and corruption
We study the effect of decentralization on corruption in a political agency model from the perspective of a region. In a model where corruption opportunities are lower under centralization at each period of time, ...