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Capital Controls and Firm Performance: The Effects of the Chilean Encaje
(CAF; Santiago de Chile, 2017-11-30)This paper studies the effects of the capital controls imposed by Chile between 1991 and 1998, i.e. the Chilean encaje, on firms' production, investment and exporting decisions. We use a general equilibrium model with ... -
Gender Gaps in Labor Informality: The Motherhood Effect
(CAF; Caracas, 2020-12-15)We estimate the short- and long-run labor market impacts of parenthood in a developing country, Chile, based on an eventstudy approach around the birth of the first child. We assess mechanisms behind these effects based ... -
Programas de Financiamiento Productivo a pymes, acceso al crédito y desempeño de las firmas: Evidencia de Argentina
(CAF; Buenos Aires, 2017-11-30)En Argentina se han implementado, en los últimos años, un importante abanico de políticas de financiamiento público hacia las micro, pequeñas y medianas empresas. Sin embargo, hasta el momento, no se han realizado trabajos ... -
The effect of high dismissal protection on bureaucratic turnover and productivity
(CAF; Caracas, 2022-06-22)This paper studies the impact of high dismissal protection on bureaucratic turnover and productivity in the context of public school teachers in Chile. We take advantage of a law that required education administrators ... -
The impact of the minimum wage on the destruction and creation of products
(CAF; Santiago de Chile, 2017-12-06)We study the impact of changes in the legal minimum wage on the creation and destruction of products at the firm level. This can be a relevant way for increasing firm productivity and for explaining why the raises in the ...
