Template-Type: ReDIF-Article 1.0 Title: Labor Market Discrimination Against Venezuelans in Peru: Evidence from a Correspondence Study Author-Name: Javier Torres Author-Workplace-Name: Universidad del Pacífico. Author-Name: Santiago Herz Author-Workplace-Name: Universidad del Pacífico. Author-Name: Abel Pérez Author-Workplace-Name: Universidad del Pacífico. Author-Name: Manuel Barrón Author-Workplace-Name: Universidad del Pacífico. Abstract: Through a correspondence study in Peru between July and September of 2021, we analyze theprobability of Peruvian and Venezuelan applicants receiving callbacks to participate in a secondstage of a job selection process. We studied the difference in the response rate by nationality,and tested potential mechanisms to reduce it, like holding a temporary residence permit (PTP)or having previous work experience in Peru. We find evidence of discrimination towards Venezue-lan immigrants, as they have 4 percentage points less probability of receiving a callback thantheir Peruvian counterpart (a 43% difference with the control group rate). While previous workexperience in Peru offsets the gap, holding a PTP does not attenuate employment discrimination. Classification-JEL: C93, J61, J7. Keywords: Discrimination, labor market, nationality, immigrants, correspondence study, Peru Journal: Revista Economia Year: 2024 Issue: 94 Volume: 47 Pages: 1-23 File-URL: https://revistas.pucp.edu.pe/index.php/economia/article/view/30387/27235 File-Format: Application/pdf Handle: RePEc:pcp:pucrev:y:2024:i:94:p:1-23 Template-Type: ReDIF-Article 1.0 Title: Honesty on Trial: An Experimental Approach Author-Name: Francisco B. Galarza Arellano Author-Workplace-Name: Universidad del Pacífico. Author-Name: Grecia Barandiarán Author-Workplace-Name: Universidad del Pacífico. Author-Name: Sergio G. Mejía Author-Workplace-Name: Universidad del Pacífico. Abstract: We study honesty using a two-player deception game, where players are required to report thegroup they belong to. The payoffs depend on the decisions of each pair of players, with lyingyielding the highest individual payoff. Exploiting a between subjects design, we examine theeffect of time (delay and pressure) and information (about the decisions of her peers) on lying andinvestigate whether these effects differ by gender. Using a sample from two private universitiesin Peru, we find that, on average, participants lie less in the delay treatment compared to thetime pressure treatment, and that only the time pressure treatment shows a differential effect bygender. Additionally, we observe heterogeneity between the two colleges in both cases. Amongthe numerous potential correlates we analyze, the propensity to follow rules, risk aversion, lossaversion, guilt, and beliefs about others’ honesty all influence individual honesty. Classification-JEL: C01, C16, C81, C92 Keywords: Honesty, experiments, incentives, gender, college students. Journal: Revista Economia Year: 2024 Issue: 94 Volume: 47 Pages: 26-55 File-URL: https://revistas.pucp.edu.pe/index.php/economia/article/view/30641/27262 File-Format: Application/pdf Handle: RePEc:pcp:pucrev:y:2024:i:94:p:26-55 Template-Type: ReDIF-Article 1.0 Title: Regional Financial Development and Micro and Small Enterprises in Peru Author-Name: Jennifer De La Cruz Author-Workplace-Name: Pontificia Universidad Católica del Perú Abstract: Empirical studies suggest that credit constraints prevent the development of Micro and SmallEnterprises (MSEs). This study contributes to the analysis by exploring whether higher regionalfinancial development affects the creation and growth of MSEs in Peru. Based on four cross-sectional databases, mainly the 2018 National Household Survey on Living Conditions and Poverty,this paper finds that there is a positive impact on entrepreneur profits; however, the effect isnegative on the likelihood of running a business. Interactions between informality and financialfrictions may explain this result. Informal financing emerges as an alternative in this context.This study addresses endogeneity issues by using the number of commercial bank branches per1,000 inhabitants in 1995 as an instrument of the degree of regional financial development in 2018. Classification-JEL: G20, O16, R11 Keywords: Financial Development, Micro and Small Enterprises, Informal Finance, Instrumental Variables. Journal: Revista Economia Year: 2024 Issue: 94 Volume: 47 Pages: 56-75 File-URL: https://revistas.pucp.edu.pe/index.php/economia/article/view/30740/27296 File-Format: Application/pdf Handle: RePEc:pcp:pucrev:y:2024:i:94:p:56-75 Template-Type: ReDIF-Article 1.0 Title: Dirty Float, Commodity Prices, and Macroeconomic Fluctuations: A Model for Peru Author-Name: Waldo Mendoza Author-Workplace-Name: Pontificia Universidad Católica del Perú Author-Name: Rafael Vilca Author-Workplace-Name: Pontificia Universidad Católica del Perú Abstract: This paper presents a macroeconomic model that replicates the key stylized facts of the Peruvian economy, namely the strong dependence of private investment and GDP on mineral export prices, within a framework where the Central Reserve Bank of Peru (BCRP) operates under a dirty float regime and the Ministry of Economy and Finance (MEF) follows fiscal rules that endogenize public spending. The model is designed for undergraduate students and instructors of economics and builds on the work of Dancourt (2009), Dancourt & Mendoza (2016), and Mendoza (2019). Classification-JEL: E32, F31, F32 Keywords: Dirty float, commodities, macroeconomic fluctuations Journal: Revista Economia Year: 2024 Issue: 94 Volume: 47 Pages: 76-105 File-URL: https://revistas.pucp.edu.pe/index.php/economia/article/view/31204/27513 File-Format: Application/pdf Handle: RePEc:pcp:pucrev:y:2024:i:94:p:76-105