Center for Research in Applied Economics

Good decisions are based on reliable scientific evidence.  The Center for Applied Research in Economics provides evidence, guided by economic theory, to support good decisions in education, health, environment, finance and macroeconomic policy in Latin America and beyond.

The Centre was founded in 2005 to draw together the expertise of its Research Fellows and Affiliates and foster high quality, policy-relevant economic research, disseminating it widely to decision-makers in the public and private sectors.


"Whistleblowers on the Board? The Role of Independent Directors in Cartel Prosecutions", Murillo Campello (Cornell University), Daniel Ferrés (Universidad de Montevideo & IESE - PPRSC), Gaizka Ormazabal (IESE Business School).


"Beware: a woman is looking after your car", Magdalena Blanco, José María Cabrera and Alejandro Cid.

"Deporte y resiliencia en población juvenil de alta vulnerabilidad", José María Cabrera, Alejandro Cid and Juan José Irisarri. 

"Mechanism Design when players' preferences and information coincide", Marcelo Caffera, Juan Dubra and Nicolás Figueroa.

"The effect of one-on-one assistance on the compliance with labor regulation. A field experiment in extremely vulnerable settings", Alejandro Cid, José María Cabrera, Alejandro Cid, and Marianne Bernatzky.

"Do higher salaries yield better teachers and better student outcomes?", José María Cabrera and Dinand Webbink.

"Getting Polluters to Tell the Truth", Marcelo Caffera and Juan Dubra.

"Meet the Oligarchs: Business Legitimacy, State Capacity and Taxation", Rafael Di Tella, Juan Dubra and Alejandro Lagomarsino.

"Capital Structure Under Collusion", Daniel Ferrés, Gaizka Ormazabal, Paul Povel and Giorgo Sertsios.

"Peer effects vs. parental influence on the development of capabilities in adolescence", Ana Balsa, Néstor Gandelman and Flavia Roldán.  

"Perfil cognitivo, socioemocional y socio-demográfico de una muestra de niños en la educación no formal uruguaya", Ana Balsa and Ariel Cuadro. 


"Whistleblowers in the Board: The Role of Independent Directors in Prosecuting Cartels", Daniel Ferrés, Murillo Campello, Gaizka Ormazabal.

"Attitude Polarization: Theory and Evidence", Juan Dubra, Jean Pierre Benoit.

"Regular information and health: evidence from a field experiment with undergraduate students", Marianne Bernatzky, José María Cabrera, Alejandro Cid.

"Aseguramiento público, provisión privada: Impacto en el acceso a servicios perinatales y en la salud del recién nacido", Ana Inés Balsa y Patricia Triunfo.

"The effect of temporary and intense exposure to particulate matter on birth outcomes in Montevideo", Ana Inés Balsa, Marcelo Caffera y Juanita Bloomfield


"Uncertain penalties and compliance", Carol Luengo, Marcelo Caffera, Carlos Chávez.

"Asignación de Derechos de Usufructo en Mercados Informales: Evidencia desde las Calles", José María Cabrera, Alejandro Cid.

"Gender & High Frequency vs. Low Frequency tasks in a context of Joint-Liability Incentives", Marianne Bernatzky, José María Cabrera, Alejandro Cid.

"Advancing Academic Opportunities for Disadvantaged Youth: Third Year Impact Evaluation of a Privately-Managed School in a Poor Neighbourhood in Montevideo", Ana Inés Balsa, Alejandro Cid.

"Campaña antitabaco en uruguay: impacto en la decisión de dejar de fumar durante el embarazo y en el peso al nacer", Jeffrey E. Harris, Ana Balsa, Patricia Triunfo.

"¿Son los cuidados prenatales efectivos? Un enfoque con datos individuales de panel.", Ana Balsa, Patricia Triunfo.

"Giving a Second Chance: an After-School Program in a Shanty Town Interacted with Parent Type", Alejandro Cid, Martín Rossi.

"Brecha de género en la educación secundaria", Marianne Bernatzky, Alejandro Cid.

"Hope and commitment. Lessons from a randomize control trial in a shanty town", Marianne Bernatzky, Alejandro Cid.

Balsa, A., Cid, A. “Advancing Academic Opportunities for Disadvantaged Youth: Third Year Impact Evaluation of a Privately-Managed School in a Poor Neighborhood in Montevideo”. Páginas de Educación, Revista de la Facultad de Ciencias Humanas (UCU, Uruguay), vol 7, forthcoming, 2014.

Balsa, A.I., Gandelman, N., Lamé, D. “Lessons from Participation in a web-based Substance Use Preventive Program in Uruguay”. Journal of Child and Adolescent Substance Abuse, 23: 91-100, 2014.


Work Market




Does the structure of the fine matter?, Marcelo Caffera, Carlos Chávez y Analía Ardente.

Does the better -than- average effect show that people are overconfident?: two experiments, Jean- Pierre Benoit y Juan Dubra.

Fairness and redistribution, a comment, Rafael Di Tella y Juan Dubra. 

Supermarket entry and the survival of small stores, Fernando Borraz, Juan Dubra, Daniel Ferrés y Leandro Zipitría.

"Relative Deprivation and risky behaviors", Ana Balsa, Michel French y Tracy Regan.


"Complementarity of inspections and permits as leverages for capping emissions: experimental evidence", Marcelo Caffera y Carlos Chávez.

“Joint-liability vs. individual incentives in the classroom. Lessons from a field experiment with undergraduate students”, Alejandro Cid y José María Cabrera.

"Mechanisms behind substance abuse and rugby. Lessons from a field experiment with incarcerated offenders", Alejando Cid y Alexander Castleton. 

"Impact evaluation of a privately managed tuition-free middle school in a poor neighborhood in Montevideo", Ana I. Balsa y Alejandro Cid.

"Anger and regulation", Juan Dubra y Rafael Di Tella.

"The effectiveness of prenatal care in a low income population: a panel data approach", Ana I. Balsa y Patricia Triunfo.

"Peer effects in risk aversion", Ana I. Balsa, Néstor Gándelman y Nicolás González.


“The impact of parental drinking on children’s use of health care”, Ana I. Balsa.

"Justification of physical and verbal aggression in Uruguayan children and adolescents", Natalia E. Fares, J. Martin Ramirez, José María Cabrera y Fernando Salas.

"Family structural influences on children´s education attainment: evidence from uruguay", Alejandro Cid y Charles E. Stokes. 

"Lessons from participation in a web-based substance use preventive program in Uruguay", Ana I. Balsa, Néstor Gandelman y Diego Lamé. 

“Free to punish? The american dream and the harsh treatment of criminals”, Rafael Di Tella y Juan Dubra.

"Apparent overconfidence", Jean-Pierre Benoit y Juan Dubra.

"The relationship betweeninflation and growth: a panel smooth transition regression approach for developed and developing countries", Raúl Ibarra y Danilo R. Trupkin.

"Giving a second chance: an after – school program in a shantytown interacting with parents ´type", Alejandro Cid y Martín A. Rossi.

"How far do shocks move across borders? examining volatility transmission in major agricultural futures markets", Manuel A. Hernández, Raúl Ibarra y Danilo R. Trupkin.

"Fecundidad e ingresos en Uruguay", José María Cabrera.

"The problem of prevention", Jean-Pierre Benoit y Juan Dubra.


“On the Viability of a Multilateral Trade Agreement: A Political-Economy Approach”, Danilo Trupkin.

“Pobreza, educación y salarios en América Latina”, Fernando Borraz, José María Cabrera, Alejandro Cid, Daniel Ferrés, Daniel Miles.

“Violencia: caracterización de la población adolescente de instituciones educativas de la región oeste de Montevideo en relación a la situación de violencia en la que viven”, Alicia Fernández, Andrea Giménez, Esther Lewy, Fernanda Lozano, Virginia Olivera.

“Continuity and completeness under risk”, Juan Dubra.