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Este curso está diseñado para introducir al estudiante en el pensamiento económico y familiarizarlo en los conceptos de la economía. El estudiante aprenderá a aplicar el pensamiento económico en una variedad de temas. En particular, a final del curso, el estudiante será capaz de comprender el comportamiento racional de los consumidores y empresas, además podrá explicar porqué los gobiernos querrían intervenir en algunos mercados. Conceptos adicionales se incorporarán en el lenguaje profesional del estudiante, tales como oferta y demanda, el rol social de los beneficios y las pérdidas, y las consecuencias de cada uno en el bienestar humano.

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La organización industrial es el estudio del comportamiento de firmas e industrias. Usando herramientas básicas de la teoría microeconómica y teoría de juegos, se explora la interacción estratégica entre firmas. Nos enfocamos en la estructura y el desempeño de los mercados imperfectamente competitivos. La atención en la regulación de la competencia del mundo real diferencia a este curso con otros cursos relacionados con la microeconomía y la teoría de juegos. Por ende, este curso usa la discusión teórica para entender los tópicos importantes en la organización industrial moderna.

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Es este curso se aprenderán, practicarán y dominarán las habilidades técnicas de la escritura académica con énfasis en manuscritos científicos tales como publicaciones en revistas, tesis y presentaciones científicas. Los objetivos específicos son:

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Este curso deliberadamente está enfocado en las decisiones de los consumidores, en la teoría del productor y equilibrio general y parcial. Un análisis más amplio es sacrificado a cambio de profundizar el análisis en los detalles técnicos de la microeconomía moderna enfatizando las herramientas matemáticas. Para este curso se asume que los estudiantes están familiarizados con álgebra, cálculo -incluyendo optimización con restricciones- y probabilidad básica.

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Este curso no requiere conocimientos básicos de conceptos econométricos, pero el estudiante debiese estar familiarizado con estadística introductoria, habilidades computacionales, álgebra lineal, cálculo y optimización. En este curso discutiremos distintos métodos de estimación para contrastar modelos económicos, evaluación de impacto y el aprendizaje sobre el comportamiento económico; de manera más general, se descubrirán mecanismos causales entre variables económicas. Gran parte de la discusión teórica estará ubicada en el uso micro-datos de corte transversal. Siguiendo los lineamientos del libro de Hayashi “Econometrics”, el curso da un mayor foco en los supuestos detrás de la teoría de muestras finitas y posteriormente, el curso extiende el análisis hacia la teoría asintótica. Dada que la teoría asintótica rara vez es enseñada en los cursos de pregrado, las presentaciones del curso muestran simulaciones combinadas con análisis gráfico para entender los conceptos claves tales como convergencia y sus diferentes versiones.

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Es este curso se aprenderán, practicarán y dominarán las habilidades técnicas de la escritura académica con énfasis en manuscritos científicos tales como publicaciones en revistas, tesis y presentaciones científicas. Los objetivos específicos son:

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Goal: The purpose of this paper is to evaluate the degree to which the demolition of low quality structures in Detroit affects property tax compliance. During the real estate crisis, the rate of property tax delinquency exceeded 50 percent. The demolition of dilapidated structures could lead to improvements in tax compliance in two ways. The first is through an amenity effect; removal of blight housing improves the neighborhood and thus may increase the likelihood that neighbors pay their property taxes. The second is via the existence of spatial contagion in tax delinquency. We propose an innovative methodological approach that allows us to use the exogenous shock of demolition to examine any potential contagion effects. When a tax delinquent property is demolished, tax delinquency within the neighborhood is reduced. Our analysis provides strong evidence of an amenity effect and weaker evidence of the tax delinquency contagion effect. Demolition of non-delinquent structures as well as delinquent structures significantly improves tax compliance.

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We present evidence regarding the unequal spatial distribution of population in the north and south of Chile which implies that even when geographical distances to the main urban center are similar, the distances in a context of urban hierarchy are completely different. Given this economic geography, we postulate that Central Place Theory provides a better understanding for the study of city size wage gap in Chile. In order to test our hypothesis, we construct five tiers of urban hierarchy using the 2002 National Census and then contrast the effect generated by the urban hierarchy on worker wages using nine waves of the National Socioeconomic Characterization Survey (CASEN).We present evidence regarding the unequal spatial distribution of population in the north and south of Chile which implies that even when geographical distances to the main urban center are similar, the distances in a context of urban hierarchy are completely different. Given this economic geography, we postulate that Central Place Theory provides a better understanding for the study of city size wage gap in Chile. In order to test our hypothesis, we construct five tiers of urban hierarchy using the 2002 National Census and then contrast the effect generated by the urban hierarchy on worker wages using nine waves of the National Socioeconomic Characterization Survey (CASEN).

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The spatial income inequality in Latin American countries is a recent academic affair. Particularly, the case of Chile highlights around the world because it has one of the highest individual and spatial inequality rates. This article analyzes the spatial income inequality in Chile during 1992-2011 evaluating the role of the spatial labor sorting through multilevel models. The findings show that human capital doesn’t allocate randomly across the space, but its spatial concentration at the biggest urban centers impacts significantly the income inequality between counties. These findings motivate the discussion about spatial dimension of the inequality and suggest that policymakers should consider ways to spread human capital throughout the nation as an alternative to reduce spatial inequality.

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Social and economic interaction among small spatial units is a phenomenon that has undoubtedly become persistent across time. This implies that labor markets expand through space mainly due to the continuous decrease of transport costs. Thus, greater interaction among spatial units suggests the potential existence of macro labor markets labeled as functional regions. Building functional regions for Chile is a challenge owing to the role played by the localization of natural resources, resulting in long-distance commutation. This document contributes to the construction of Functional Urban Regions (FUR) using Intramax method for the case of Chile. In addition, an alternative is proposed to include the effects of long-distance commutation. Results show that FURs built from Intramax algorithm that incorporate spatial econometric criteria show greater benefits.

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The aim of this article is to build a spatial housing price index for the Chilean communes (the commune political body similar to a municipality or county). The first step is to recover hedonic prices of three housing attributes by estimating a mixed index model (Bowden, 1992) using a generalized method of moments procedure. Secondly, a censored almost ideal demand system (Deaton and Muellbauer, 1980) is estimated to build expenditures for every commune and to compare them among different spatial units, while maintaining a constant utility level. Using micro data from the 2009 CASEN survey, we show that there are important differences in housing prices among Chilean communes and the axiomatic approach tends to understate spatial index compared to economic approach.