We study the factors that may influence the attitude toward the risk of entrepreneurial activity and its impact on the propensity to become an entrepreneur. We proxy the attitude toward risk by using the answers to the ...

This document analyzes the perception of small innovative enterprises (SIE) in Latin America towards the effectiveness of the legal protection of intellectual property rights (IPR). To analyze the costs of using IPR, we ...

I investigate whether the degree of labor market imperfections in a country affect microfinance institutions’ (MFIs) profitability and impact MFIs’ effectiveness in improving lowincome households’ inclusion in financial ...

This study analyses the impact that the Seed Capital Program (SCP) implemented by Chile’s Technical Cooperation Services (Servicio de Cooperación Tecnica – SERCOTEC) has had in Chile. This program offers a non-reimbursable ...

I examine the impact that media coverage has on open market share repurchase outcomes. I find that media coverage around repurchase announcements are negatively related to firms’ actual repurchases following the announcements. ...

We study the design of an economic incentive based program –a subsidy- to induce adoption of more efficient technology in a pollution reduction program in southern Chile. Stated preferences methods, contingent valuation ...

This note examines the incentives to communicate private information about product quality in markets in which sellers can voluntarily disclose this information before competing on prices. We provide sufficient conditions ...