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Blog: Has the United States Exported Its Obesity Rate to Mexico?

Claire Lapique and Lorenzo Rotunno
September 28, 2022

Between 1988 and 2012, the rate of obesity among Mexican women increased from 10% to 30%. At the same time, Mexico entered a period of greater economic liberalization by signing the NAFTA trade pact with the United States and Canada. According to the economists Osea Giuntella, Matthias Rieger, and Lorenzo Rotunno, the arrival of American products onto the Mexican market accounts for up to 20% of the increase in obesity among Mexican women.


Working papers: Latest Research

New entries as of September 27, 2022


Blog: Firms Learn from Their Supply Chain to Forecast Inflation

Elias Albagli, Francesco Grigoli and Emiliano Luttini
September 26, 2022

Leveraging a unique dataset on Chilean firms merging expectation surveys and records from the VAT and customs registries, this column documents that firms’ aggregate inflation expectations depend on the prices at which firms purchase inputs from their suppliers. These findings reject the full-information rational-expectations hypothesis and are consistent with facts associated with information rigidity. Estimates of a firm-level Phillips’ curve suggest that firms' aggregate inflation expectations fully pass-through to sales prices. We argue that this channel has the potential to lead to dispersion of inflation expectations, price dispersion, and weaken the expectation channel of policies.


Blog: Non-resident Holdings in Latin America: Permanent or Transitory Factors?

Lorenzo Menna and Martín Tobal
September 23, 2022

The Covid-19 pandemic was the quintessential global event, as it had adverse sanitary and economic effects worldwide. However, the pandemic has not affected every world region to the same extent. Latin America has been particularly hard-hit. Despite representing only 8% of the world’s population, it accounted for 16% of global cases and 29% of diseases in 2020 and 2021. In the economic arena, distinctive characteristics made Latin America more vulnerable to the pandemic shock.


Economía Journal Forthcoming Papers

  • "Short and Long-Run Distributional Impacts of COVID-19 in Latin America" by Nora Lustig (Tulane University), Guido Neidhöfer (ZEW Mannheim) and Mariano Tommasi (Universidad de San Andres) View Paper
  • "#StayAtHome: Social Distancing Policies and Mobility in Latin America and the Caribbean" by J. Daniel Aromi (UBA, UCA), Maria P. Bonel (IIEP-BAIRES), Julian Cristia (Inter-American Development Bank), Martin Llada (IIEP-BAIRES), Juan Pereira (Catholic University of Uruguay), Xiomara Pulido (Inter-American Development Bank) and Julieth Santamaria (University of Minnesota) View Paper
  • "Long-run economic losses from COVID-related preprimary program closures in Latin America and the Caribbean" by Florencia Clara Lopez Boo (Inter-American Development Bank), Jere R. Behrman (University of Pennsylvania) and Claudia Vazquez (University of San Andres) View Paper
  • "The impact of the Covid pandemic public policies in Chile on consumption" by Carlos Madeira (Central Bank of Chile) View Paper
  • "The socioeconomics of COVID and lockdowns outside advanced economies: the case of Bogota" by Marcela Eslava (Universidad de Los Andes), Oscar Becerra (Universidad de los Andes), Juan Camilo Cárdenas (Universidad de Los Andes), Margarita Isaacs (Universidad de Los Andes) and Daniel Mejia (Universidad de los Andes) View Paper
  • "The Yield Spread as a Predictor of Economic Activity in Mexico: The Role of the Term Premium" by Raul Ibarra (Banco de Mexico) View Paper
  • "Authorities' Fiscal Forecasts in Latin America: Are They Optimistic?" by Metodij Hadzi-Vaskov(International Monetary Fund),Luca Antonio Ricci (International Monetary Fund), Alejandro Werner (Peterson Institute for International Economics) and Nayib Rene Zamarripa(University of California, Irvine) View Paper
  • "The Scars of Civil War: The Long-term Welfare Effects of the Salvadoran Armed Conflict " by Pablo Acosta (World Bank), Javier Baez (World Bank), German Daniel Caruso (World Bank) and Carlos Carcach (ESEN) View Paper
  • "Skills and Selection into Teaching: Evidence from Latin America" by Ricardo Estrada (CAF-Development Bank of Latin America) and Maria Lombardi(Universidad Torcuato Di Tella) View Paper
  • "Inequality and Crime in Latin America and the Caribbean: New Data for an Old Question" by Ernesto Schargrodsky (Universidad Torcuato Di Tella)and Lucia Freira (Universidad Torcuato Di Tella) View Paper

Blog: ¿La regulación de precios de los anticonceptivos mejoró el acceso de las mujeres a estos medicamentos?

Tatiana Andia (Universidad de los Andes), César Mantilla (Universidad del Rosario), Álvaro Morales (Universidad Nacional), Santiago Ortiz (Universidad del Rosario) y Paul Rodríguez-Lesmes (Universidad del Rosario)
September 21, 2022

América Latina y el Caribe (LAC) son la segunda subregión en el mundo con mayor tasa de embarazos adolescentes. Varios autores (Mora-Cancino y Hernández-Valencia, 2015; Barnet et al, 2004; Shaw et al, 2006) han señalado los impactos que los embarazos de mujeres menores de 20 años tienen tanto en la salud de la madre como en la del hijo, sumado a los efectos sobre las condiciones socioeconómicas de estos en el largo plazo. Por esta razón, la reducción de los embarazos adolescentes ha sido una de las prioridades de salud pública en LAC.


Working papers: Latest Research

New entries as of September 20, 2022

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