This semiannual journal from the Latin American and Caribbean Economic Association (LACEA) provides a forum for influential economists and policymakers from the region to share high-quality research directly applied to policy issues within and among those countries. Contents • Intergenerational Mobility in Latin America by Jere R. Behrman, ALejandro Gaviria and Migues Szekely • Conditional Cash Transfers and Their Impact on Child Work and Evidence from the PROGRESA Program in Mexico by Emmanuel Skoufias and Susan W. Parker • Public Sector Wates and Bureaucratic Evidence from Latin America by Ugo Panizza • Integration, Interdependence, and Regional An Application to Merocsur by Afonso Bevilaqua, Marcelo Catena and Ernesto Talvi • The Role of American Depositary Receipts in the Development of Emerging Markets by Alberto Moel
Economista y profesor. Fue Ministro de Hacienda de Chile entre 2006 y 2010, durante el primer gobierno de Michelle Bachelet. En la actualidad es el Decano de la Escuela de Políticas Públicas de la London School of Economics.