Publications of Employment, productivity and innovation
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Microcredit Impacts: Evidence from a Large-Scale Observational Study in Brazil
This paper studies the impact of microcredit in Brazil. We use a propensity score matching on original primary data on business and personal outcomes to compare veteran clients of BNDES—Brazil’s largest government-owned development bank—to a matched sample of more recent clients. Based on administrative data as well as data from a survey of 2107 clients […]
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Inversión pública y desigualdad en América Latina
Based on two case studies, in Peru and Colombia, this study finds that public investment has an inequality-reducing effect, but a very small one, so that a large investment would be needed to achieve a minimal reduction in inequality. In addition, it is found that the effect of public investment depends on the level of […]
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Actitudes ante el riesgo y preferencias intertemporales de los trabajadores peruanos
Every individual, when making economic decisions, must evaluate different options with uncertain results that will affect their well-being at different moments in time. Based on the meeting between theoretical and experimental economics, this document estimates the risk and intertemporal consumption preferences of Peruvian workers. The authors contribute in two ways: they study how workers make […]
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COVID-19 y las migraciones de la ciudad al campo en el Perú: identificación de amenazas y oportunidades para el uso sostenible del capital natural
This study analyses the dynamics of this return migration to rural areas during 2020 using census data and records of returnee arrivals, and then interviews more than 3,000 households in 19 provinces and 77 districts with the largest flows. Based on this information, we estimate that around a quarter of a million people, mostly young […]
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Reactivando para un mejor país después de la pandemia de COVID-19: una propuesta de diagnóstico de acción para el Perú
In this document, we present an economic analysis of Peru before and after the pandemic, along with a five-year financially sustainable recovery plan aimed at “reviving for a better country”. Our plan emphasizes the urgent need to address some of the country’s structural weaknesses. We stress the importance of public investment in this effort, but […]
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Building back better after the COVID-19 pandemic
In this policy-oriented paper, we provide a pre- and post-pandemic socioeconomic analysis of Peru, along with a financially sustainable five-year Building Back Better recovery plan, which emphasizes the urgency of addressing some of the country’s structural weaknesses. We underscore the importance of public investment for this effort, but widen the focus to include current public […]
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Unpacking the post-lockdown employment recovery of young women in the global south
This paper analyses the difference in short-term employment recovery between young men and women in India, Peru and Vietnam following the national lockdowns imposed in all three countries during 2020. The authors employ a mediation model to establish whether – and to what extent – commonly suggested mechanisms are responsible for a relatively slower recovery among […]
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Política de protección social y laboral en el Ecuador
How effective is the social protection system in Ecuador to protect the population against various risks? What is its redistributive impact and how much does it contribute to reducing inequality? What effects does it have on productivity? These are the central questions that guide this analysis, in which some answers are tested based on the […]
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Políticas de protección social y laboral en la República Dominicana
Social protection in the Dominican Republic results from a combination of social security programs in contributory and non-contributory modalities, labor regulations regarding job stability and minimum wages for a subset of workers, as well as anti-poverty programs. The contributions to the contributory modality and the costs of formal contracting vary according to the sector and […]
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Políticas de protección social y laboral en el Perú. Una espiral de buenas intenciones, malos resultados y peores respuestas
The legislation stipulates that, with some exceptions, every worker and their family members are covered by a social safety net that is financed by contributions from employers and workers. This legislation, to a large extent, is violated; and, to another extent, it has exceptions. As a result, most workers do not enjoy contributory social protection. […]
