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Copyright of Boletín de Filología is the property of Universidad de Chile, Facultad de Filosofia y Humanidades and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Boletín de Filología is the property of Universidad de Chile, Facultad de Filosofia y Humanidades and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Monthly wage series with quarterly periodicity between December 1994 and December 2004 for thirteen regions in Chile are presented in this paper. These series are based on the information gathered by the Superintendencia de Fondos de Pensiones (Pensions Fund Superintendence), but are corrected for truncation and censoring bias. The comparative analysis of corrected and non-corrected series indicates that the series show a statistically differentiated behavior. The non-corrected wage series are not good predictors of the corrected series. Thus, to develop regional wage analysis based on this information source, it is preferable to use the corrected series presented in this paper. [ABSTRACT FROM AUTHOR]

This paper quantifies the welfare cost of consumption externalities in an endogenous growth model with habit formation. Agent's utility depends on both current consumption and a reference consumption level determined by economy-wide average past consumption. Although utility may be lower in the presence of consumption externalities, the welfare loss relative to the efficient growth path is found to be very small. This result is extremely robust to variations in the parameter values. However, there are relatively important differences in the timing of the welfare loss and in generational welfare. [ABSTRACT FROM AUTHOR]