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Abstract: La reconfiguración de las cadenas globales de valor ha impulsado estrategias de relocalización buscando una mayor resiliencia a cambios en el entorno internacional pese a sus inherentes desafíos en términos de costos y competitividad. Este estudio evalúa los potenciales beneficios…
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Abstract: We show that a suitable extension of the neoclassical growth model to include endogenous fertility can account for four robust patterns in international data: (i) population size is strongly positively correlated with effective land; (ii) per capita income is largely uncorrelated with…
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Martino Pelli: is an Associate Professor and the Chair of the Department of Economics at the Université de Sherbrooke, a Research Fellow at CIREQ and the Lead Researcher in Sustainable Development at CIRANO. His areas of expertise are Development Economics and Resource and Environmental Economics…
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Abstract: The proliferation of automation, fueled by advancements in artificial intelligence (AI), including Generative AI (GAI), is revolutionizing various sectors by optimizing workflows, enhancing profitability, and minimizing repetitive tasks performed by workers. While this revolution…
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Seminario de Microeconomía Aplicada - Cash Transfers and Formal Labor Markets : Evidence from BrazilJoana Silva: a Senior Economist at the Office of the Chief Economist for Latin America and the Caribbean at the World Bank.
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Abstract: Concerns about ownership consolidation and sectoral reallocation resulting from the privatization and trade of water are predominant barriers that inhibit the adoption of water markets. However, systematic empirical evaluation of these processes is lacking. We study trends in…
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Abstract: This paper investigates whether the trade effects of environmental non-tariff measures (NTMs) differ across industries, with a focus on agriculture. We hypothesize that sectoral heterogeneity matters, as agriculture’s distinctive policy framework and trade structure may lead to…
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Abstract: The resurgence of subsidies and industrial policies has raised concerns about their potential inefficiency and alignment with multilateral principles. Critics warn that such policies may divert resources to less efficient firms and provoke retaliatory measures from other countries,…
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Abstract: This paper studies the effects of partial automation (i.e., the creation of technology capable of automating some but not all components of a job). We consider a model where jobs entail a bundle of tasks, workers may trade the output of the requisite tasks at a cost, and workers in a job…
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Abstract: The use of markets to reallocate water in arid regions has elicited political criticism for reducing agricultural output and causing negative environmental effects. We develop a general equilibrium model to formalize arguments about how liberalizing water trade creates pecuniary and…
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Abstract: Jobs constitute the primary mechanism for poverty reduction globally (Inchauste et al. 2014). In Latin America and the Caribbean (LAC), the 2009–14 period— the last episode of rapid poverty reduction in the region—saw employment creation and earnings growth accounting for approximately…
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Abstract: The order of magnitude of the projected damages of anthropogenic climate change largely hinges on whether the impacts of climatic shocks persist over multiple years. Models that assume climatic shocks are only transitory point to modest damages, whereas models that assume climatic…
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Abstract: Good measures of labor market tightness are essential to predict wage inflation and to calibrate monetary policy. This paper highlights the importance of two measures of labor market tightness in determining wage growth: the quits rate and vacancies per effective searcher (V/ES)—where…
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Felipe Alves: Economista Senior, Banco de Canadá
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Low and stable inflation requires an appropriate fiscal framework aimed at stabilizing government debt. Historically, trend inflation is critically influenced by actual or perceived changes to this framework, while cost-push shocks only account for short-lasting movements in inflation.…
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Abstract: El libro “El Laberinto Fiscal de Colombia” analiza las causas del deterioro de las finanzas públicas en los últimos años. Muestra cómo las crecientes rigideces del gasto y el débil desempeño tributario han llevado al uso de estrategias insostenibles, como la sobreestimación de los…
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