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Opportunities: Call for papers

New entries on 26 February 2015 

  • Second Annual Conference Sobre México, Department of Economics at Universidad Iberoamericana, Ciudad de México. Submission Deadline: 16 March 2015.
  • 2015 Econometrics Spring School, Rio de Janeiro, Timberlake Consultants. Submission Deadline: 23 March 2015.
  • 5th Global Forum for Economists International, Amsterdam, Netherlands, May 29-June 1. Submission Deadline: 1 April 2015.
  • Regional Study “Aggregated Shocks, Poverty and Ex-ante Risk Management in Latin America and the Caribbean” organized by The World Bank. Submission Deadline: 15 April 2015.

Blog: What next for the economies of Latin America?

Ilan Goldfajn (Chief Economist, Itaú Unibanco)
February 25, 2015

Six years have passed since the last global financial crisis. The worst lies behind us, but normality has not yet been restored. The United States has been able to sustain robust growth rates and create jobs, but wage growth and inflation remain low and doubts about secular stagnation remain. The euro area avoided a breakdown, but the region has struggled to sustain even moderate levels of growth. Japan has renewed its effort to fight deflation, with mixed results so far. Basic interest rates remain at zero in the US. Monetary expansion is still being implemented in Europe and Japan.


Working Papers: Latest Research

New entries on 24 February 2015


Blog: Cómo mantener a los niños en la escuela

Marina Bassi y Matias Busso
February 23, 2015

Cada año decenas de miles de jóvenes latinoamericanos abandonan la escuela para aceptar trabajos poco calificados. Menos del 50% de los jóvenes en Latino-América concluyen la educación secundaria, lo cual, no sólo representa un severo obstáculo para los individuos, destinados posiblemente a vivir una vida de trabajo de mala calidad, sino que también constituye un severo lastre para la región en su capacidad para innovar, generar tecnologías y disfrutar de un crecimiento económico sólido y sostenido. ¿Qué se puede hacer? 


Blog: Is financial development always good for growth?

Joshua Aizenman
February 20, 2015

A lingering challenge in applied economics is measuring and controlling the quality of services – e.g. health care, education, and finance. Since services are measured at costs, their GDP share is correlated with per capita GDP. But short of controlling for the quality of services, it is not clear if the growing share of services in the GDP adds to welfare. The Global Crisis put to the fore the possibility that the relationship between financial depth and output growth may be non-linear – the development of the financial sector may benefit the real sector, but only up to a point.1 Beyond that point, further financial development may have no effect or even a negative effect on growth.


Opportunities: Massive open online courses

New entries on 19 February 2015

  • Introduction to Computational Finance and Financial Econometrics - University of Washington. Starts: 23 February, 2015.
  • Probability - University of Pennsylvania. Starts: 2 March 2015.
  • Economic Growth and Distributive Justice - Tel Aviv University. Starts: 8 March 2015.
  • Applied Regression Analysis - The Ohio State University. Starts: 23 March 2015.

Blog: Social Protection Systems in Latin America and the Caribbean: Uruguay

Fernando Filgueira (ECLAC Consultant)
February 18, 2015

Uruguay’s welfare state can be characterised by its universal primary education system, its early and robust social security system as well as widespread health coverage and benefits. Uruguay also has one of Latin America’s highest levels of social spending in terms of Gross Domestic Product (GDP) (24.3 per cent) and as a percentage of total public spending (80.6 per cent).


Working papers highlights: Latest Research

New entries on 17 February 2015


Blog: Economía (y Psicología) de la Productividad Laboral y los Subsidios al Desempleo

Juan F. Vargas
February 16, 2015

El último Reporte Mundial sobre Seguridad Social de la Organización Internacional del Trabajo informa que casi la mitad de los países del mundo ofrecen algún tipo de subsidio de desempleo. Si bien existen diferentes esquemas, el objetivo común es proporcionar subsidios para apoyar a quienes quedan desempleados. Algunos países, como la mayoría de Europa Occidental, ofrecen subsidios incondicionales. El sólo hecho de estar desempleado es suficiente para tener derecho a cobrar el subsidio. Otros países, como Australia y Brasil, condicionan los subsidios a la realización de algún tipo de actividad en contraprestación. Solamente pueden recibir el subsidio las personas que además de estar desempleadas, contribuyan con la sociedad realizando algún tipo de tarea. Un tercer grupo, por ejemplo Estados Unidos y el Reino Unido, ofrece esquemas mixtos.


Blog: Poverty: The Reality behind the Data

José Juan Ruiz
February 13, 2015

In 2014, for the fourth year in a row, the growth rate of Latin America and the Caribbean, although still positive, has been lower than the year before: a bare 1.2% compared to 2.8% in 2013. The price of non-energy commodities —soybeans, copper, iron, etc.— has fallen 7.5% on average and will do so by at least another 10% in 2015, while the price of oil will fall a total of 50%. Technological innovations and their impact on supply is to a large extent behind the end of the commodity super cycle, but weak demand also counts, and what is happening in China, an economy where for the first time in 24 years the IMF forecasts growth below 7% in 2015, is not helping much. But this is not all, the strengthening of the US recovery brings the time closer when the Fed will raise interest rates and the world will have to face unprecedented combinations of liquidity, return and risk.


Opportunities: Call for papers

New entries on February 12, 2015
  • RIDGE Summer School in Economics, Montevideo, Uruguay 23-27 March, 2015. The deadline for applying is March 1, 2015.
  • Annual Bank Conference on Development Economics 2015: “Productivity, Growth, and Law”, June 15-16, 2015, Mexico City. Deadline for submissions March 15, 2015.
  • Premio Banca Central Rodrigo Gómez del Centro de Estudios Monetarios Latinoamericanos - CEMLA. Deadline for submissions March 31, 2015.
  • 2015 Essay Award for Young Economists organized by World Trade Organization. Deadline for submissions June 1, 2015.

Blog: De la niñez a la “niniez”: Una radiografía a los jóvenes inactivos en Chile

Andrea Repetto
February 11, 2015

Chile ha recibido reconocimiento internacional por más de dos décadas de un notable desempeño económico general, con tasas de crecimiento sobre el 5% anual y progresos importantes en la reducción de la pobreza. Es así como el año 2010 el país ingresó al selecto grupo de economías OCDE, mientras que desde el 2013 el Banco Mundial clasifica a Chile entre los países de más altos ingresos. Más allá de los promedios, Chile presenta rezagos relevantes en un sinnúmero de áreas que impiden pensar que hemos alcanzado el desarrollo, o siquiera que estamos cerca de aquello. La evidente desigualdad y la vulnerabilidad que afecta a muchos son desafíos urgentes para la agenda pública. Un desarrollo auténtico significa oportunidades reales para todos.


Working papers highlights: Latest Research

New entries on 10 February 2015


Blog: Formación de Expectativas de Inflación de los Hogares: Evidencia Experimental

Guillermo Cruces, CEDLAS-FCE-UNLP y IZA, junto a Alberto Cavallo, MIT y NBER y Ricardo Perez-Truglia, Microsoft Research New England.
February 9, 2015

Aunque los bancos centrales tienen una tendencia natural de intentar influenciar las expectativas de inflación de los hogares, no existe un consenso sobre cómo éstas se forman,ni sobre cuáles son las mejores maneras de influenciarlas. Este post presente evidencia a partir de una serie de experimentos que llevamos a cabo en un país de baja inflación (los Estados Unidos) y un país de alta inflación (Argentina). Nuestros resultados señalan que la dispersión de expectativas de inflación de los hogares puede explicarse por el costo de adquirir e interpretar estadísticas de inflación, y por el uso de memorias imprecisas sobre los cambios de precios de algunos productos específicos.


Blog: Productive Development Policies in a Nutshell: A Tale of Two Interventions

Lucía Mina (Asesor Senior del Departamento de Investigación (RES))
February 6, 2015

Productive development policies (or industrial policies) can prove to be a key tool for a country’s development. Yet, as experience in Latin America clearly shows, they can also create serious problems. Nevertheless, these policies take a variety of forms. The key question is: what types of industrial policies should be adopted and which ones should not? This issue was the focus of our latest edition of the IDB’s flagship publication (Development in the Americas—DIA) entitled Rethinking Productive Development and will be discussed in greater depth in future blogs. For now, we will simply present a comparative example that illustrates how different policies within a particular sector—rice—can lead to very different outcomes.


Opportunities: Jobs

New entries on February 5, 2015

  • Lecturer/Senior Lecturer in Accounting and/or Finance (3 Posts). Norwich Business School, Faculty of Social Sciences, Norwich, UK. Deadline for application February 26, 2015
  • IMF Fellowship Program, Washington, USA. Deadline for application February 28, 2015
  • Visiting Research Scholars Program on Citizen Security and Justice themes, Inter-American Development Bank, Washington, USA. Deadline fo application March 10, 2015

 

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Find the latest research papers presented in the most recent conferences and workshops of the 2014 LACEA networks.

AL CAPONE
4th meeting - Sao Paulo School of Economics, April 24-25, 2014.
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ECONOMIA
Spring 2014, Volume 14, Number 2
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IMPACT EVALUATION NETWORK 
7th Annual Meeting - Lima, October 25th and 26th, 2013.

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LABOR NETWORK
2nd Meeting - 
Cartagena, May 22nd – 23rd, 2014
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NETWORK ON INEQUALITY AND POVERTY
2013 México and 2014 Chile
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POLITICAL ECONOMY GROUP 
14th Meeting - Bogota, May 29-30, 2014 
Find papers here

TRADE, GROWTH AND INTEGRATION NETWORK (TIGN)
5th meeting - Universidad de Chile, May 24 and 25, 2014
Find papers here


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