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The paper proposes a new welfare-based measure to evaluate the distributive effects of public...

This paper presents a technical note on Mexico's Financial Sector Assessment Program update. The...

Funded mandatory pension systems based on individual accounts are spreading around the world....

This paper provides a quantitative evaluation of the intracohort redistributive elements of the...

Pension reforms that establish individual accounts will diminish the relative importance of the...

We assess the degree of cross-market price discrepancy (a proxy for market integration), its...