Documents et rapports
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Pensions systems and reform : country experiences and research issues (anglais)
Pension reform is spreading around the globe, from Latin America to the OECD countries, and major reform projects are being discussed in many other developing, transition, and OECD countries. The authors...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1470 Date du document: 30 juin 1995 Auteur: Arrau,Patricio,Schmidt-Hebbel,Klaus
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Financial innovation and money demand : theory and empirical implementation (anglais)
Empirically, traditional money demand equations are frequently characterized by periods of "missing money", unstable parameters, and autocorrelated errors. The common practice to solve these problems consists...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS585 Date du document: 1 janvier 1991 Mode de publication: Disclosed Auteur: Arrau,Patricio,de Gregorio, Jose
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Intertemporal substitution in a monetary framework : evidence from Chile and Mexico (anglais)
This paper estimates a monetary Euler system of a utility-maximizing representative consumer from two inflationary Latin American countries: Chile in the late seventies and Mexico in the early eighties...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS549 Date du document: 31 décembre 1990 Auteur: Arrau,Patricio
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Social security reform : the capital accumulation and intergenerational distribution effect (anglais)
Reforming the social security system has received increasing attention in recent years. This paper studies a switch from an unfunded defined-benefit system (pay-as-you-go) to a fully-funded defined-contribution...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS512 Date du document: 31 octobre 1990 Auteur: Arrau,Patricio
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How does the debt crisis affect investment and growth? : a neoclassical growth model applied to Mexico (anglais)
Most economists and specialists in international finance believe that the debt crisis hurts macroeconomic performance, particularly discouraging investment and growth oriented structural reforms. Identifiying...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS378 Date du document: 30 avril 1990 Auteur: Arrau,Patricio
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Human capital and endogenous growth in a large scale life cycle model (anglais)
Most models of economic growth are infinite horizon models that neglect the role of human capital in shaping life-cycle variables. This paper introduces training decisions in a life-cycle model to study...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS342 Date du document: 31 décembre 1989 Auteur: Arrau,Patricio