Now showing items 21-35 of 35

    • Caballero, Ricardo; Engel Goetz, Eduardo (Elsevier, 1993)
      This paper is an attempt to enrich the characterization of the sluggish behavior of the aggregate price level. Our contribution to this vast literature is to explicitly consider microeconomic heterogeneity and its ...
    • Berger, David; Caballero, Ricardo; Engel Goetz, Eduardo (Universidad de Chile, Facultad de Economía y Negocios, 2015-11)
      When microeconomic adjustment is lumpy, the VAR-estimated persistence of the corresponding aggregated variable is downward biased. The extent of this bias decreases with the level of aggregation, yet convergence is very ...
    • Jordán Colzani, Felipe (Universidad de Chile, 2014-06)
      Esta tesis estudia la relación entre la selección de la forma de compra por parte de las agencias públicas y el pago oportuno del fisco a sus proveedores. Se propone un modelo en el cual las agencias públicas, heterogéneas ...
    • Caballero, Ricardo J.; Engel Goetz, Eduardo; Haltiwanger, John (Brookings Press (USA), 1995)
      THE EMPIRICAL INVESTMENT literature is full of disappointments. From time to time waves of new ideas challenge the aggregate investment equation, but these challenges are rarely successful, and progress is, at best, ...
    • Caballero, Ricardo; Engel Goetz, Eduardo (National Bureau of Economic Research, 1992)
      In this paper we characterize the average response of output to aggregate demand shocks in an economy where individual firms follow state-dependent pricing rules. We find that: (i) the average response of output to aggregate ...
    • Caballero, Ricardo J.; Engel Goetz, Eduardo (Elsevier, 2007)
      What is the relation between infrequent price adjustment and the dynamic response of the aggregate price level to monetary shocks? The answer to this question ranges from a one-to-one link [Calvo, G., 1983. Prices in a ...
    • Engel Goetz, Eduardo; Fischer Barkan, Ronald; Galetovic Potsch, Alexander (SPRINGER, 2006-09)
      We review the experience of both private toll-roads built in the United States during the 1990s, and argue that the problems they encountered could have been avoided if the length of the franchise contract would adapt to ...
    • Engel Goetz, Eduardo; Fischer Barkan, Ronald; Galetovic Potsch, Alexander; Hermosilla, Manuel (Centro de Estudios Públicos, 2009)
      Este trabajo describe en forma sistemática los montos renegociados en las 50 concesiones cuyos datos han sido publicados por el MOP en su página web. Su principal conclusión es que las renegociaciones son frecuentes y ...
    • Engel Goetz, Eduardo; Fischer Barkan, Ronald; Galetovic Postch, Alexander (Elsevier, 2019)
      It has been known for some time that renegotiations of public-private partnerships (PPPs) are related to the political cycle. For example, in his seminal work on renegotiations Guasch (2004) found that incoming administrations ...
    • Engel Goetz, Eduardo; Fischer Barkan, Ronald; Galetovic Potsch, Alexander (Universidad de Chile, Facultad de Economía y Negocios, 2015-07)
      Public-private partnerships (PPPs) are an increasingly popular organizational form of providing public infrastructure. They can increase e ciency and improve resource allocation, yet pervasive contract renegotiations ...
    • Engel Goetz, Eduardo; Venetoulias, Achilles (JSTOR, 1992)
      On October 5, 1988, Chileans decided by plebiscite to oust General Pinochet from power and have free presidential elections in 1989. This article describes the projections that the authors made for the results of the ...
    • Caballero, Ricardo; Engel Goetz, Eduardo (The American Economic Association, 2004)
      Cooper and Willis (2003) is the latest in a sequence of criticisms of our methodology for estimating aggregate nonlinearities when microeconomic adjustment is lumpy. Their case is based on “reproducing” our main findings ...
    • Engel Goetz, Eduardo; Huneeus Lagos, Federico; Jordán Colzani, Felipe; Leslie, Andrés; Letelier Wartenberg, Raúl; Montecinos Bravo, Alexis; Rau Binder, Tomás; Repetto Lisboa, Andrea; Sara, Francisca (Universidad de Chile, Facultad de Economía y Negocios, 2015-06)
    • Engel Goetz, Eduardo; Hines Jr., James R. (National Bureau of Economic Research, 1999)
      Americans who are caught evading taxes in one year may be audited for prior years. While the IRS does not disclose its method of selecting tax returns to audit, it is widely believed that a taxpayer's probability of being ...
    • Engel Goetz, Eduardo; Agostini, Claudio; Repetto, Andrea; Vergara, Damian (Springer, 2018)
      Many countries have special tax regimes (STRs) for small businesses. Even though these regimes may reduce compliance costs, they increase the complexity of the tax system and can be used by high-income individuals to ...