Working Papers

From Peruvian Economic Association
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157: Cuando la educación no cumple su promesa: Brechas persistentes en habilidades básicas de peruanos del milenio

Gustavo Yamada, Juan Castro and Santiago Medina

156: Uncertainty and the Uncovered Interest Parity Condition: How Are They Related?

Nelson R. Ramírez-Rondán and Marco Terrones

155: Cyclicality of Fiscal Transfers for a Latin American Small Open Economy: The Perils of Earmarked Transfers

Javier Torres, Alexandra Málaga and Rodrigo Chang

154: The Impact of ETFs on Asset Markets: Experimental Evidence

John Duffy, Jean Paul Rabanal and Olga Rud

153: Peru: Assessing Its Strong Macroeconomic Performance through Labor Market Indicators

Gonzalo Pastor and J. Fernando Larios Meoño

152: Perú: La Reforma (Estructural) Incompleta II

Gonzalo Pastor

151: Market timing under public and private information

Jean Paul Rabanal, Aleksei Chernulich, John Horowitz, Olga Rud and Manizha Sharifova

150: A Model of Intermediation, Money, Interest, and Prices

Saki Bigio and Yuliy Sannikov

149: Reducing Informality Using Two-Sided Incentives: Theory and Experiment

Francisco Galarza and Fernando Requejo

148: Un modelo DSGE bayesiano para la heterogeneidad en shocks de impuestos como política fiscal en la reactivación económica del Perú

Juan Tenorio and Maritza Huanchi

147: Posterior Distribution of Nondifferentiable Functions

Toru Kitagawa, José Luis Montiel Olea, Jonathan Payne and Amilcar Velez Salamanca

146: Innovación y empleo en la industria manufacturera peruana

Jose Nolazco, Nikita Cespedes Reynaga and Humberto Salas

145: Green Innovation in Natural Resource Industries: The case of Local Suppliers in the Peruvian Mining Industry

Ana Sofía Aron and Oswaldo Molina

144: Consumption dynamics and the expectation channel in a Small Open Economy

Cesar Carrera and Miguel Puch

143: A Framework for Debt-Maturity Management

Saki Bigio, Galo Nuño Barrau and Juan Passadore

142: Lending frictions and nominal rigidities: Implications for credit reallocation and TFP

David Florián and Johanna L. Francis

141: Gender differences in an endogenous timing conflict game

Philip Grossman, Youngseok Park, Jean Paul Rabanal and Olga Rud

140: Can successful forecasters help stabilize asset prices in a learning to forecast experiment?

Dávid Kopányi, Jean Paul Rabanal, Olga Rud and Jan Tuinstra

139: Do Fixers Perform Worse than Non-Fixers during Global Recessions and Recoveries?

Marco Terrones

138: Within-firm spillovers of export promotion agencies

Manuel Barron and Willy Sacio

137: In-utero weather shocks and learning outcomes

Manuel Barron

136: Motivating bureaucrats with non-monetary incentives when state capacity is weak: Evidence from large-scale field experiments in Peru

Andrew Dustan, Stanislao Maldonado and Juan Manuel Hernandez-Agramonte

135: Mining and Human Capital Accumulation: the Role of the Return to Education

Gustavo Yamada, Oswaldo Molina and Daniel Velásquez

134: Long-term effects of weather during gestation on education and labor outcomes: Evidence from Peru

Manuel Barron, Sam Heft-Neal and Tania Perez

133: Cambios demográficos de las familias peruanas en los últimos 20 años: decisiones sobre natalidad y nupcialidad

Camila Alegría, Javier Torres and Claudia Velarde

132: Combating Child Chronic Malnutrition and Anemia in Peru: Simulations based on the Achievement of Sustainable Development Goals

Arlette Beltrán and Juan Castro

131: The Effect of Monetary Incentives on Cognitive Effort, Emotions and Test-Solving Performance

Juan Castro, Gustavo Yamada, Hans Contreras, Freddy Linares and Herwig Watson

130: Does financial sector development affect the growth gains from trade openness?

Nelson R. Ramírez-Rondán, Marco Terrones and Andrea Vilchez

129: Estimación del Consumo a partir de sus Componentes Principales en la Tabla Insumo-Producto

Cesar Carrera

128: Panel Models with Two Threshold Variables: The Case of Financial Constraints

Arturo Lamadrid-Contreras and Nelson R. Ramírez-Rondán

127: Ordered Leniency: An Experimental Study of Law Enforcement with Self-Reporting

Claudia Landeo and Kathryn E. Spier

126: Optimal Law Enforcement with Ordered Leniency

Claudia Landeo and Kathryn E. Spier

125: Mortgage Credit: Lending and Borrowing Constraints in a DSGE Model

Elmer Sánchez León

124: Índice de precios de inmuebles: un enfoque hedónico

Fernando Mundaca and Elmer Sánchez León

123: An experiment on the efficiency of bilateral exchange under incomplete markets

Olga Rud, Jean Paul Rabanal and Manizha Sharifova

122: Blessing a Curse? Institutional Reform and Resource Booms in Colombia

Jorge Gallego, Stanislao Maldonado and Lorena Trujillo

121: The Non-Monotonic Political Effects of Resource Booms

Stanislao Maldonado

120: ¿El lugar importa en la victimización? El caso de Lima Metropolitana

Carmen Armas Montalvo and Javier Herrera

119: Heterogeneous Effects of Property Rights on Housing Investment in Urban Peru

Oswaldo Molina and Mans Soderbom

118: Monetary policy operating procedures, lending frictions, and employment

David Florián, Chris Limnios and Carl Walsh

117: Trust and Trustworthiness in College: An Experimental Analysis

Francisco Galarza

116: A unified framework for pricing credit and equity derivatives

Andrea De Martino, Edward Ruiz Crosby and Roberto Stagni

115: Economic mobility along the business cycle. The case of Peru

Diego Winkelried and Javier Torres

114: Financial Development, Growth, and Crisis: Is There a Trade-Off?

Norman Loayza, Amine Ouazad and Romain Ranciere

113: One laptop per Child en Perú: un modelo estructural para cuanticar el trade-off entre la distribución del tiempo y el método de enseñanza

Jesús Gutiérrez, Pablo Lavado and Luis Paniagua

112: How do Latin American migrants in the U.S. stand on schooling premium? What does it reveal about education quality in their home countries?

Daniel Alonso-Soto and Hugo Ñopo

111: Corrupción e indicadores de desarrollo en el Perú y el mundo: una revisión empírica

Saki Bigio and Nelson R. Ramírez-Rondán

110: Las transferencias públicas y privadas y su importancia en la pobreza

Nikita Cespedes Reynaga

109: Crecimiento económico y pobreza en las regiones y en los sectores económicos de Perú

Nikita Cespedes Reynaga

108: La heterogeneidad de la dolarización de créditos a nivel de personas

Nikita Cespedes Reynaga