Does the rigorous protection of patents advance or retard economic development? Two
decades ago, a new global standard of intellectual property swept across developing and …

Latin America and the Caribbean is a middle-income region. The typical country in the
region has an income per capita about 25 percent above the typical country in the world, but …

We develop a tractable quantitative framework to study the productivity effects of financial
crises. The model features endogenous productivity, heterogeneous firm dynamics, and …

In discussions about saving in Latin America and the Caribbean, a common critique is that
the region saves little. Indeed, the data support this statement: the region saves from 10 to …

¿ Por qué deberían ahorrar las personas y las economías? La respuesta típica suele
centrarse en la necesidad de protegerse ante shocks en el futuro y moderar el consumo …

Este reporte plantea una agenda de crecimiento para los países de la región andina
basada en la productividad y la inversión. Ello parte por identificar los principales síntomas …

Este artículo analiza el cambio en la productividad total de factores del sector manufacturero
chileno estimando el índice de Malmquist del periodo 1998-2010. El análisis envolvente de …

Recent contributions to the growth and trade literature have argued that the structure of an
economy, as measured by its productive capabilities, is a key determinant for inter-country …

We create a dataset of country experience with economic depression around the world. We
define a depression episode as a period of cumulative decline in per capita output of 20% or …

This thesis describes the relationships between insurance, economic activity and
entrepreneurship; it develops a theoretical framework and a testable hypothesis to verify the …