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Determinantes de los niveles de integración regional en las dos últimas décadas
(CAF; Caracas, 2021-09-09)La hipótesis principal del trabajo es que el mal desempeño de América Latina en términos de comercio intrarregional se explica por los altos niveles de costos comerciales. Se construyó una base de datos para el período ... -
Human Capital and Financial Development: Firm-Level Interactions and Macroeconomic Implications
(CAF; Caracas, 2019-12-04)Capital-skill complementarity in production implies non-trivial interactions between availability of human capital and financial constraints. Firms that are constrained in their access to finance hire a lower proportion ... -
Taking One for the Team: Shocks at Destination and Households' Supply of Migrants
(CAF; Buenos Aires, 2017-08-9)We study how unemployment shocks in the United States affect Mexican households’ migration decisions. We emphasize households at origin (as op-posed to individuals) as the decisionmaking units for migration decisions. We ...