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Latin America Program Working Papers

  • Paper No. 348 Legalization and Immigrants in U.S. Agriculture
    Anita Alves Pena, October 2007
  • Paper No. 333 Competition Policy in Chile
    Alexander Galetovic, July 2007
  • Paper No. 332 Locational Choices of the Legal and Illegal: Mexican Agricultural Workers in the U.S.
    Anita Alves Pena, June 2007
  • Paper No. 331 Immigration, Legal Status, and Public Aid Magnets
    Anita Alves Pena, June 2007
  • Paper No. 328 Differential Impact of Public Interventions on Indigenous People's Schooling and Child Labor: Lessons from Mexico's Conditional Cash Transfers Program
    Luis F. Lopez-Calva and Harry Anthony Patrinos, May 2007
  • Paper No. 318 A Lesson from Argentina: Setting Transmission Tolls in a Competitive Auction is Much Better than Regulating Them
    Alexander Galetovic and Juan Ricardo Inostroza, March 2007
  • Paper No. 300 Designing Competitive Wholesale Electricity Markets for Latin American Countries
    Frank A. Wolak,, November 2006
  • Paper No. 298 Inequality Trap and its Links to Low Growth in Mexico
    Isabel Guerrero, Luis Felipe López-Calva and Michael Walton, November 2006
  • Paper No. 269 Development Strategy or Endogenous Process? The Industrialization of Latin America
    Stephen Haber, November 2005
  • Paper No. 268 Political Institutions and Financial Development: Evidence from the Economic Histories of Mexico and the United States
    Stephen Haber, November 2005
  • Paper No. 267 Foreign Banks and the Mexican Economy, 1997-2004
    Stephen Haber and Aldo Musacchio, November 2005
  • Paper No. 266 Banking With and Without Deposit Insurance: Mexico’s Banking Experiments, 1884-2004
    Stephen Haber, November 2005
  • Paper No. 260 Poverty Traps and Nonlinear Income Dynamics with Measurement Error and Individual Heterogeneity
    Francisca Antman and David J. Mckenzie, September 2005

  • Paper No. 258 Migration and education inequality in rural Mexico
    David McKenzie and Hillel Rapoport, September 2005

  • Paper No. 255 Two Types of Regional Integration Processes: The FTAA and its comparison with the EU and MERCOSUR
    Armando Di Filippo, September 2005

  • Paper No. 254 Earnings Mobility and Measurement Error: A Pseudo-Panel Approach
    Francisca Antman and David J. Mckenzie, September 2005

  • Paper No. 249 Property Rights for the Poor: Effects of Land Titling
    Sebastian Galiani and Ernesto Schargrodsky, August 2005

  • Paper No. 238 Economic Reforms, Financial Development, and Growth: Lessons from the Chilean Experience
    Leonardo Hernandez and Fernando Parro, January 2005

  • Paper No. 237 The Miroeconomic Effects of Different Approaches to Bank Supervision
    Ross Levine, December 2004

  • Paper No. 234 Why Institutions Matter: Banking and Economic Growth in Mexico
    Stephen Haber, November 2004

  • Paper No. 228 Foreign Banks and the Mexican Economy, 1997-2004
    Stephen Haber and Aldo Musacchio, October 2004


  • Paper No. 226 Effects of Tariffs and Real Exchange Rates on Job Reallocation: Evidence from Latin America
    John Haltiwanger, Adriana Kugler, Maurice Kugler, Alejandro Micco, and Carmen Pages, September 2004


  • Paper No. 223 The Effects of Structural Reforms and Productivity Enhancing Reallocation: Evidence from Colombia
    Marcela Eslava, John Haltiwanger, Adriana Kugler, and Maurice Kugler, August 2004

  • Paper No. 215 Mexico's Experiments with Bank Privatization and Liberalization, 1991-2002
    Stephen Haber, June 2004

  • Paper No. 213 How to Subvert Democracy: Montesinos in Peru
    John McMillan and Pablo Zoido, April 2004
  • Paper No. 211 Economic Governance and Growth in Chile, 1984-2004
    Jorge Marshall, March 2004


  • Paper No. 205 Related Lending and Economic Performance: Evidence from Mexico
    Noel Maurer and Stephen Haber, January 2004

  • Paper No. 193 The Effect of Macroeconomic Turbulence on Real Wage Levels and the Wage Structure: Brazil 1981-1999
    Frank McIntyre and John Pencavel, November 2003

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  • Paper No. 185 Cousin Risks: The Extent and the Causes of Positive Correlation between Country and Currency Risks
    Marcio G. P. Garcia and Alexandre Lowenkron, September 2003

  • Paper No. 183 Finance, the Business Environment, and Firm Growth in Mexico
    Christopher Woodruff, September 2003

  • Paper No. 176 Aggregate Shocks and Labor Market Responses: Evidence from Argentina's Financial Crisis
    David McKenzie, August 2003

  • Paper No. 171 The Foreign Conquest of Latin American Banking: What's Happening and Why?
    James R. Barth, Triphon Phumiwasana, and Glenn Yago, July 2003

  • Paper No. 170 Brazil's Financial System: Resilience to Shocks, No Currency Substitution, but Struggling to Promote Growth
    Ilan Goldfajn, Katherine Hennings, and Helio Mori, June 2003
  • Paper No. 169 Government Bonds in Domestic and Foreign Currency: The Role of Macroeconomic and Institutional Factors
    Stijn Claessens, Daniela Klingebiel, and Sergio Schmukler, June 2003

  • Paper No. 168 Explaining the Migration of Stocks from Exchanges in Emerging Markets to International Centers
    Stijn Claessens, Daniela Klingebiel, and Sergio Schmukler, June 2003

  • Paper No. 165 Credit Market Imperfections in Middle Income Countries
    Aaron Tornell and Frank Westermann, May 2003

  • Paper No. 164 Financial Development, Financial Fragility, and Growth
    Norman Loayza, and Romain Ranciere, May 2003

  • Paper No. 163 Political Institutions and Banking Systems: Lessons from the Economic Histories of Mexico and the United States, 1790-1914
    Stephen Haber, April 2003

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  • Paper No. 162 Brazil in the 21st Century: How to Escape the High Real Interest Rate Trap?
    Marcio G. P. Garcia, April 2003

  • Paper No. 155 The Effect of the Interest Rate on the Investment Expenditures of Mexican Manufacturing Firms
    Oscar Sanchez, August 2002

  • Paper No. 154 Water for Life: The Impact of the Privatization of Water Services on Child Mortality
    Sebastian Galiani, Paul Gertler, and Ernesto Schargrodsky, August 2002

  • Paper No. 131 Labor Taxes, Employment and Growth: Chile 1998-2001
    Raphael Bergoeing and Felipe Morandé, March 2002

  • Paper No. 130 Exchange Rate Policy in Chile: From the Band to Floating and Beyond
    Felipe Morandé and Matías Tapia, March 2002

  • Paper No. 118 Why Have Banks Stopped Lending In Mexico Since the Peso Crisis in 1995
    José Antonio Gonzalez-Anaya, May 2002

  • Paper No. 115 Did the 1995 Mexican Crisis Affect the Financial Constraints of Listed Firms and Their Role as Providers of Credit?
    Lorenza Martínez Trigueros, November 2001

  • Paper No. 114 Credit Information Sharing Mechanisms in Mexico: Evaluation, Perspectives, and Effects on Firms' Access to Bank Credit
    José L. Negrin, November 2001

  • Paper No. 113 Firms' Financing Costs: The Role of Development Banks in Mexico
    Fernando Aportela, November 2001

  • Paper No. 112 Firm Finance from the Bottom Up: Microenterprises in Mexico
    Christopher Woodruff, November 2001

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  • Paper No. 111 Investment by Manufacturing Firms and the Transmission of Monetary Policy in Mexico
    Oscar Sánchez, November 2001

  • Paper No. 110 The Peso Crash, the Banking Bailout, and Financial Market Performance in Mexico
    José Antonio Gonzalez-Anaya and Grecia M. Marrufo, October 2001

  • Paper No. 90 Using a Terrorist Attack to Estimate the Effect of Police on Crime
    Rafael Di Tella and Ernesto Schargrodsky, February 2001

  • Paper No. 87 The Role of Wages and Auditing during a Crackdown on Corruption in the City of Buenos Aires
    Rafael Di Tella and Ernesto Schargrodsky, January 2001

  • Paper No. 84 Tax-Paying Towards Equity: A Reform Proposal for the Value-Added Tax
    Enrique Dávila and Santiago Levy, December 2000

  • Paper No. 83 Tax Reform in Brazil: Small Achievement and Great Challenges
    Rogerio L. F. Werneck, December 2000

  • Paper No. 82 Very High Interest Rates and the Cousin Risks: Brazil during the Real Plan
    Marcio G. P. Garcia and Tatiana Didier, December 2000

  • Paper No. 81 Exchange Rate Pass-through and Partial Dollarization: Is there a Link?
    Jose Antonio Gonzalez Anaya, December 2000

  • Paper No. 80 Inflation Targeting in Latin America
    Vittorio Corbo and Klaus Schmidt-Hebbel, December 2000

  • Paper No. 79 Banks, Financial Markets, and Industrial Development: Lessons from the Economic Histories of Brazil and Mexico
    Stephen Haber, December 2000

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  • Paper No. 78 Toward a Liquidity Risk Management Strategy for Emerging Market Economies
    Pablo E. Guidotti, October 2000

  • Paper No. 77 The China Syndrome or the Tequila Crisis
    Francisco Gil Diaz, December 2000

  • Paper No. 76 Taxation in Latin America in the Last Decade
    Vito Tanzi , December 2000

  • Paper No. 75 International Liquidity Management Problems in Modern Latin America: Their Origin and Policy Implications
    Ricardo J. Caballero, December 2000

  • Paper No. 74 Trade Liberalization and the Lender of Last Resort
    Philip L. Brock, December 2000

  • Paper No. 53 Latin America and the External Crisis: An Overview
    Vittorio Corbo, February 2000

  • Paper No. 52 Debt Management in Brazil: Evaluation of the Real Plan and Challenges Ahead
    Alfonso S. Bevilaqua and Marcio G.P. Garcia, February 2000

  • Paper No. 47 Trade Creation and Trade Diversion under NAFTA
    Anne O. Krueger, December 1999

  • Paper No. 41 Common Fundamentals in the Tequila and Asian Crises
    Aaron Tornell, August 1999

  • Paper No. 40 The Chilean Infrastructure Concessions Program: Evaluation, Lessons and Prospects for the Future
    Eduardo Engel, Ronald Fischer, and Alexander Galetovic, July 1999

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  • Paper No. 35 The Role of Bank Restructuring in Recovering from Crises Mexico 1995-98
    Anne Krueger and Aaron Tornell, April 1999

  • Paper No. 34 Latin America and the External Crisis: An Overview
    Vittorio Corbo, March 1999

  • Paper No. 33 Toll Competition Among Congested Roads
    Eduardo Engel, January 1999

  • Paper No. 32 Poisoned Grapes, Mad Cows and Protectionism
    Eduardo Engel, January 1999

  • Paper No. 31 Consumer Protection in Chile: Why So Little and So Late?
    Eduardo Engel, January 1999

  • Paper No. 29 Taxes and Income Distribution in Chile: Some Unpleasant Redistributive Arithmetic
    Eduardo Engel, Alexander Galetovic and Claudio Raddatz, November 1998

  • Paper No. 18 Job Stability in Developing and Developed Countries: Evidence from Colombia and the United States
    Julie Anderson Schaffner, January 1998

  • Paper No. 15 Political Instability and Economic Performance: Evidence from Revolutionary Mexico
    Stephen Haber and Armando Razo, November 1997

  • Paper No. 10 Why Aren't Savings Rates in Latin America Procyclical?
    Aaron Tornell and Phillip R. Lane, October 1997

  • Paper No. 8 The Rate of Growth of Productivity in Mexico, 1850-1933: Evidence from the Cotton Textile Industry
    Armando Razo and Stephen Haber, August 1997

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