• Wage Bargaining and Partial Ownership 

      Bárcena Ruiz, Juan Carlos; Campo, María Luz (Universidad de Chile. Facultad de Economía y Negocios, 2010-06)
      This paper analyzes wage negotiation between firms and unions when crossparticipation exists at ownership level. We consider two shareholders and two firms: one firm is jointly owned by the two shareholders and the other ...
    • We are not dead . . . - The quantitative theory and the relation between money and inflation 

      Chumacero Escudero, Rómulo; Hermann Anguita, Jorge (2007)
      This paper presents a robust finding for the relationship between money growth and inflation in Chile: inflation causes (precedes) money and not the other way around. This result holds irrespectively of the way in which ...
    • The welfare cost of external habits: a quantitative assessment 

      Gómez, Manuel A. (Universidad de Chile Facultad de Economía y Negocios, 2010-06)
      This paper quantifies cost of consumption externalities in an endogenous growth model with habit formation. Agent´s utility depends on both current consumption and a reference consumption level determined by economy-wide ...
    • When Schools Are the Ones that Choose: The Effects of Screening in Chile 

      Contreras Guajardo, Dante; Sepúlveda, Paulina; Bustos, Sebastián (WILEY-BLACKWELL PUBLISHING, INC, 2010-12)
      The voucher scheme introduced in Chile in 1981 allows for-profit private subsidized schools to choose their students. The objective of this article is to present evidence of this practice and examine its relationship with ...
    • Why competition does not work in urban bus markets: Some new wheels for some old ideas 

      Gómez-Lobo Echeñique, Andrés (2007)
      In this paper a model is presented based on ideas borrowed from the job search and price dispersion literature to characterise the pricing equilibrium of a competitive bus market in a more general setting than previously ...
    • Why do OTC Traded Companies Initiate Dividends? 

      Maquieira Villanueva, Carlos (Jorge Gregoire, 1994)
      El articulo analiza tres hipotesis, señal de flujo de caja, flujo de caja libre y estructura de propiedad como explicacion alternativa a la decisión de inicio de dividendos de empresas cuyas acciones son transadas por ...
    • Why has Europe Become Environmentally Cleaner? Decomposing the Roles of Fiscal, Trade and Environmental Policies 

      López Vega, Ramón Eugenio; Palacios, Amparo (Springer, 2014)
      This paper examines the role of fiscal policy, trade and energy taxes on environmental quality in Europe using disaggregated data at the monitoring station level for the 12 richest European countries spanning the period ...
    • Why the Rich Get Richer and the Poor Get Poorer 

      Mantel, Rolf R. (Universidad de Chile. Facultad de Economía y Negocios, 1995-12)
      The usual procedure in the field of optimal growth consists in maximizing a (discounted or not) sum of instantaneous utilities, called welfare. Such an optimality criterion implies that preferences are independent over ...
    • World Culture, Uncoupling, Institutional Logics, and Recoupling: Practices and Self-Identification as Institutional Microfoundations of Political Violence 

      Velitchkova, Ana (Wiley-Blackwell, 2015)
      This study proposes a micro-institutional theory of political violence, according to which citizens’ participation in political violence is partially an outcome of tight coupling of persons’ practices and self-identific ...
    • World saving: trends and theories 

      Schmidt-Hebbel Dunker, Klaus; Servén, Luis (Universidad de Chile. Facultad de Economía y Negocios, 1998-12)
      The world's average saving rate has declined for the last two decades but country saving rates exhibit a large dispersion, especially in developing regions. While in a small number of developing countries saving has risen ...