3 papers
econ.EM2021
Quantile Regression under Limited Dependent Variable
Javier Alejo, Gabriel Montes-Rojas
A new Stata command, ldvqreg, is developed to estimate quantile regression models for the cases of censored (with lower and/or upper censoring) and binary dependent variables. The…
econ.GN2021
Global Financial Cycle, Commodity Terms of Trade and Financial Spreads in Emerging Markets and Developing Economies
Jorge Carrera, Gabriel Montes-Rojas, Fernando Toledo
We study the diffusion of shocks in the global financial cycle and global liquidity conditions to emerging and developing economies. We show that the classification according to th…
econ.EM2021
A decomposition method to evaluate the `paradox of progress' with evidence for Argentina
Javier Alejo, Leonardo Gasparini, Gabriel Montes-Rojas +1
The `paradox of progress' is an empirical regularity that associates more education with larger income inequality. Two driving and competing factors behind this phenomenon are the…