The empirical literature addressing links between the labor and marriage markets is numerous. Despite this, the theoretical literature that explicitly links the two markets is less developed, particularly so with frictional markets. We build an equilibrium search model where married couples make...

We study the macroeconomic effects of international trade policy by integrating a Hecksher-Ohlin trade model into an optimal growth framework. The model predicts that an open economy will have higher factor productivity. Furthermore, under protectionist policies there may be "development traps,"...

Can a one-time, permanent change in the fundamentals behind the sectoral composition of the economy prompt an aggregate downturn? Can this downturn be non-negligible, even if one uses US data to determine the relative size of gross vs. net job flows, and the importance of job creation costs? Can...

Desde 1996 em sucessivas edições anuais, o Informe MERCOSUL vem acompanhando os aspectos mais importantes do desenvolvimento econômico e comercial desta entidade regional, criada pelo Tratado de Assunção, de 1991. O trabalho aqui apresentado se inscreve em um âmbito mais amplo das...

El principal objetivo de esta publicación, es brindar en un solo documento, un resumen de las principales cifras del sector de microfinanzas de América Latina y el Caribe. Este documento contiene información primaria recolectada y procesada por el Fondo Multilateral de Inversiones (FOMIN)...