ALBERTO E. CHONG. Education



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ALBERTO E. CHONG Research Department, Inter-American Development Bank 1300 New York Ave., NW, Stop SE-1064, Washington, DC 20577, USA Tel 202 623 1536, E-mail: albertoch@iadb.org Education Sep 88 - Aug 93 Sep 89 - Mar 91 Jan 81 - Dec 85 Cornell University, Ithaca, NY; M.A., Ph.D. in Economics Harvard University, Cambridge, MA, Department of Economics Universidad Católica, Lima; B.A.,Lic. in Social Sciences, Economics Areas of Interest Development Economics, Political Economy, Social Issues. Awards and Honors 1998 Young Scholars Award, Ministry of Economy, Argentina 1996 IDRC-CIDA (Canada) Economic Research Consortium 1988-1993 Fulbright Scholar 1989-1991 Harvard University. Graduate School of Arts and Sciences 1988-1989 Rotary Foundation Scholar 1987-1988 ESAN Graduate Fellowship Professional Experience Jan 09 -- Coordinator, Annual Report, Development in the Americas 2011, Inter-American Development Bank Oct 05 Inter-American Development Bank, Principal Research Economist, Research Department. Oct 00 Sep 05 Inter-American Development Bank, Senior Research Economist, Research Department. Sep 99 - May 01 Georgetown University, Adjunct Professor of Economics, Public Policy Institute Sep 97 - Oct 00 Consultant, World Bank, Development Economics Research Group Feb 97 - Feb 98 Visiting Researcher, IRIS, University of Maryland, College Park. Aug 93 - Jan 97 Advisor, Ministry of Finance, Government of Peru. Nov 95 - Aug 96 Corporación Financiera de Desarrollo, Lima. Vice-President for Development. Aug 93 - Nov 95 Ministry of Finance, Government of Perú, Advisor to the Minister. Mar 94 - Jan 97 Pontificia Universidad Católica, Lima; Adjunct Professor of Economics. Mar 93 - Jan 97 Universidad del Pacífico, Lima; Adjunct Professor of Economics. Sep 90 - Apr 91 National Bureau of Economic Research, Research Assistant. Jan 86 - Aug 88 Center for Economic Studies 1/2 de Cambio, Economic Analyst. 1

Publications in Academic Journals: 2010 1. Language and Socio-Economic Outcomes (co-authored with Jorge Guillen and Vanessa Rios), American Journal of Economics and Sociology, Forthcoming, March 2009 2. Television and Divorce: Evidence from Brazilian Novelas (co-authored with Eliana La Ferrara), Journal of the European Economic Association, Papers and Proceedings, Forthcoming 3. Is the World Flat? Or do Countries Still Matter? (co-authored with Mark Gradstein), Forthcoming, The Journal of Law, Economics, and Organization. 4. Policy Volatility and Economic Growth (co-authored with Mark Gradstein), Forthcoming, The Journal of Economic Growth. (lead article) 5. Political Influence (co-authored with Mark Gradstein), Economics and Politics, Forthcoming 6. Corporate Governance in Mexico: Empirical Evidence (co-authored with Jorge Guillen and Florencio Lopez-de-Silanes) Journal of Economic Policy Reform (lead article) Forthcoming. 7. Institutions and Privatization Prices (co-authored with Jorge Guillen and Alejandro Riano), Public Choice, Forthcoming. 8. Foreign Aid, Inequality and Poverty (co-authored with Cecilia Calderon and Mark Gradstein), Forthcoming, Public Choice. 9. Language Nuances, Trust, And Economic Growth (co-authored with Vanessa Rios). Forthcoming in Public Choice. 10. The Mystery of Discrimination in Latin America (co-authored with Hugo Ñopo) Forthcoming in Economia, Journal of the Latin American and Economic Association. 11. On Foreign Participation and Hiring Patterns After Privatization (co-authored with Virgilio Galdo). Forthcoming, Labour. 12. Privatization and Labor Markets Around the World (co-authored with Gianmarco Leon) Forthcoming, The Journal of Development Studies. 2

13. Access to Telephone Services and Household Income in Poor Rural Areas Using a Quasi-natural Experiment for Peru (co-authored with Virgilio Galdo and Máximo Torero), Economica, Vol. 76, 304: 623-648. London School of Economics and Political Science. 2008 14. What Determines Foreign Aid? The Donors' Perspective (with Mark Gradstein), Journal of Development Economics (lead article), Vol. 87, 1: 1-13, August. 15. Informality and Productivity (co-authored with Jose Galdo and Jaime Saavedra) Journal of Economic Policy Reform, vol 11, 4: 229-245 (lead article) 16. Barriers to Exit (co-authored with Gianmarco León). Economics Letters, Vol. 99, 1: 93-97, April. 17. Labor Market Institutions and Income Inequality: An Empirical Exploration (coauthored with César Calderón), Public Choice, 138: 65-81 18. To What Extent do Latin Americans Trust and Cooperate? Field Experiments on Social Exclusion in Six Latin American Countries (co-authored with Juan Camilo Cárdenas and Hugo Ñopo). Forthcoming in Economia, Journal of the Latin American and Caribbean Economic Association. 19. Does Compulsory Voting Help Equalize Income? (co-authored with Mauricio Olivera) n Economics and Politics. 20. Is it possible to speak English without thinking American? On globalization and the determinants of cultural assimilation (co-authored with Jose Galdo). Economics Letters. 2007 21. Inequality and Institutions (co-authored with Mark Gradstein). Review of Economics and Statistics, Vol. 89, 3: 454-465, August. 22. Trade intensity and business cycle synchronization: Are developing countries any different? (with César Calderón and Ernesto Stein), Journal of International Economics (lead article), Vol. 71, 1: 2-21, March. 23. Inequality and Informality (with Mark Gradstein), Journal of Public Economics, Vol. 91, 1-2: 159-179, February. 24. Institutional enforcement, labor-market rigidities, and economic performance (with César Calderón and Gianmarco León). Emerging Markets Reviews, Vol. 8, 1: 38-49, March. 25. Current Account Deficits in Africa: Stylized Facts and Basic Determinants (with César Calderón and Luisa Zanforlin). Economic Development and Cultural Change, Vol. 56, Number 1: 191-221. October. 3

26. Rent Seeking and Political Checks and Balances in Uruguay (with César Calderón) Economic Inquiry, Vol. 45, 3: 592-601, July. 27. Should state-owned firms change CEOs before privatization? Some evidence from the telecommunications industry (co-authored with Virgilio Galdo), Applied Economics Letters, Vol. 14, 8: 591-595, August. 2006 28. Do Democracies Breed Rent-Seeking Behavior? Evidence for Uruguay (co-authored with César Calderón), Journal of Policy Reform (lead article), Vol. 9, 4: 247-260, December. 29. Bundling of Basic Public Services and Household Welfare in Developing Countries: An Empirical Exploration for the Case of Peru (co-authored with Jesko Hentschel and Jaime Saavedra), Oxford Development Studies, Vol. 35, 3: 329-346, September. 30. Streamlining and Privatization Prices in the Telecommunications Industry (with Virgilio Galdo), Economica, Vol. 73, 291: 461-484, August 2005 31. Political and Corporate Governance and Pro-Cyclicality in Capital Flows: Evidence from Emerging Market Countries (co-authored with Alejandro Izquierdo, Alejandro Micco, and Ugo Panizza), International Finance, Vol. 8, 2: 167-198. 2004 32. Privatization in Latin America: What Does the Evidence Say (co-authored with Florencio López-de-Silanes), Economia, Journal of the Latin American and Caribbean Economic Association, Vol. 4, 2: 37-111. 33. Inward-Looking Policies, Institutions, Autocrats, and Economic Growth in Latin America: An Empirical Exploration (co-authored with Luisa Zanforlin), Public Choice, Vol. 121, 3: 335-361, February. 34. Inequality, Democracy, and Persistence: Is There a Political Kuznets Curve?, Economics and Politics, vol. 16(2):189-212, July. 35. Volume and Quality of Infrastructure and the Distribution of Income: An Empirical Investigation, Review of Income and Wealth, (co-authored with César Calderón), Vol. 50, 1: 87-106, March. 2003 36. Internet and the Ability to Innovate in Latin America, (co-authored with Alejandro Micco), Emerging Markets Review, Vol. 4, 1: 53-72, March. 2002 4

37. "Technology and Epidemics" (co-authored with Luisa Zanforlin) IMF Staff Papers, Vol. 49, 3: 426-455. 38. "Determinants of Inequality in Bosnia and Herzegovina", (co-authored with Marcelo Bisogno) Economics of Transition, Vol. 10, 2: 311-337. 39. "Development and Efficiency of the Financial Sector and Links with Trust: Cross- Country Evidence", Economic Development and Cultural Change, (co-authored with César Calderón and Arturo Galindo) Vol. 51, 1: 189-204. 40. "Poverty and Inequality in Bosnia and Herzegovina after the Civil War" (co-authored with Marcelo Bisogno), World Development, Vol. 30, 1: 61-76. 41. "Determinants of Current Account Deficits in Developing Countries", (co-authored with César Calderón and Norman Loayza) Contributions to Macroeconomics, Berkeley Electronic Journals, Vol. 2, 1, article 2. 42. Privatization and Downsizing in Tanzania (co-authored with Ismail Radwan), International Journal of Privatization and Public Policy. 2001 43. "External Sector and Income Inequality in Interdependent Economies Using a Dynamic Panel Data Approach", (co-authored with César Calderón) Economics Letters, 71, 225-231 44. "Technological Adaptation, Trade, and Growth" (co-authored with Luisa Zanforlin), Weltwirtschaftliches Archiv, Vol. 4, 137: 565-592 (lead article) 45. "Foreign Aid and Household Welfare in Bosnia and Herzegovina" (co-authored with Marcelo Bisogno), European Economic Review, Vol. 45, 4-6: 1020-1030. 46. On Non-Linearities Between Exports of Manufactures and Economic Growth (coauthored with César Calderón and Luisa Zanforlin), Journal of Applied Economics, Vol. 4, 2: 279-311 47. On the Lags Between Submission and Acceptance: Are All Referees Created Equal?, Applied Economics Letters, Vol. 8: 423-425. 48. "Law Tradition and Institutional Quality: Some Empirical Evidence" (co-authored with Luisa Zanforlin), Journal of International Development, Vol. 12: 1057-1068. 2000 49. "Institutional Quality and Income Distribution" (co-authored with César Calderón), Economic Development and Cultural Change, Vol. 48, 4: 761-88. 50. "Causality and Feedback between Institutional Measures and Economic Growth" (coauthored with César Calderón), Economics and Politics, Vol. 12, 1: 69-82. 5

51. Institutional Quality and Poverty Measures in a Cross Section of Countries", (coauthored with César Calderón), Economics of Governance, Vol. 1, 2: 123-136. 1999 52. "Structural Reform, Institutions and Earnings: Evidence from the Formal and Informal Sectors in Urban Peru" (co-authored with Jaime Saavedra), The Journal of Development Studies, Vol. 35, 4: 95-116. Book Reviews 2005 53. After the Washington Consensus: Restarting Growth and Reform in Latin America, Kuczynski, Pedro and John Williamson, eds., Journal of Economic Literature. Papers on Second or Further Revision 54. Soap Operas and Fertility in Brazil (co-authored with Eliana La Ferrara and Suzanne Duryea), revision and resubmission requested, American Economic Journal: Applied Economics 55. Stated Behavior and Revealed Preference (with Juan Camilo Cardenas and Hugo Ñopo), revision and resubmission requested, Journal of Development Economics. 56. Does Social Programs Damage Interpersonal Trust? (with Hugo Ñopo and Vanessa Rios), revision and resubmission requested, Public Choice 57. Privatization and Labor Restructuring around the World (co-authored with Florencio López-de-Silanes), revision and resubmission requested in the Journal of Public Economics. 58. Does the Quality of Training Programs Matter? Evidence from Bidding Processes Data (co-authored with Jose Galdo), revision and resubmission requested in Labour Economics. 59. Imposed Institutions and Preferences for Redistribution (co-authored with Mark Gradstein), revision and resubmission requested in Economics of Transition. Under Submission 60. Fiscal Transparency and Institutional Quality (co-authored with Nicoló Andreula and Jorge Guillen) 61. Education and Democratic Preferences (co-authored with Mark Gradstein), Working Paper, Inter-American Development Bank. 62. On the Intended and Unintended Consequences of Safe Water Expansion in Ecuador (coauthored with Virgilio Galdo and Jorge Guillen), Manuscript, Inter-American Development Bank. 6

63. Who Needs Strong Leaders? (co-authored with Mark Gradstein), Working paper, Research Department, Inter-American Development Bank, Washington, DC. 64. Money Laundering (with López-de-Silanes) Working paper, Research Department, Inter- American Development Bank, Washington, DC. 65. Fiscal Redistribution (co-authored with Mark Gradstein) Working paper, Research Department, Inter-American Development Bank, Washington, DC. 66. Institutions and Government Effectiveness (co-authored with Mark Gradstein) Working paper, Research Department, Inter-American Development Bank, Washington, DC. Books 2009 67. Experiments and Social Capital in Latin America (in progress), co-authored with Juan Camilo Cardenas and Hugo Ñopo 68. Discrimination in Latin America (co-edited with Andrea Moro and Hugo Ñopo), Forthcoming, Palgrave and World Bank Press. 2008 69. Outsiders? The Changing Patterns of Exclusion in Latin America and the Caribbean (coedited with Gustavo Marquez, Suzanne Duryea, Hugo Ñopo, and Jaqueline Mazza), Harvard University Press, Cambridge, MA. 70. Privatization for the Public Good? Welfare Effects of Private Intervention in Latin America (edited Vol.); Harvard University Press, May, Cambridge, MA. 2007 71. Investor Protection and Corporate Governance: Firm-level evidence across Latin America, Stanford University Press and World Bank Press (co-edited with Florencio Lópezde-Silanes) 2005 72. Privatization in Latin America: Myths and Reality Stanford University and World Bank Press (co-edited with Florencio López-de-Silanes) 2003 73. Medios Privados para Fines Públicos: Participación Privada en Infraestructura en América Latina, Inter-American Development Bank (co-edited with Jose Miguel Sanchez) Book Chapters 7

2009 74. What do we know about discrimination in Latin America? Very little! (with Hugo Ñopo and Andrea Moro). In: Discrimination in Latin America (co-edited with Andrea Moro and Hugo Ñopo). Stanford University Press and World Bank Press. 2008 75. Privatization for the Public Good? Welfare Effects of Private Intervention in Latin America (edited Vol.); Harvard University Press, May. Privatization for the Public Good, Peru Rural Harvard University Press 76. Privatization for the Public Good? Welfare Effects of Private Intervention in Latin America (edited Vol.); Harvard University Press, May. Privatization for the Public Good, Introduction, Harvard University Press. 77. Informality and Productivity in Peru (with Jose Galdo and Jaime Saavedra), In: Understanding Economic Growth 1970-2005: Analytical Country Studies from the Andean Region. Ricardo Hausmann, editor. Center for International Development Harvard University and Andean Financial Corporation 78. Privatization and Firm Performance in Bolivia (with Katherine Capra, Mauricio Garron, Florencio López-de-Silanes, and Carlos Machicado), In: Privatization in Latin America: Myths and Reality, Stanford University Press. 79. Privatization and Social Exclusion (co-authored with Gianmarco Leon and Hugo Ñopo); In: Outsiders? The Changing Patterns of Exclusion in Latin America and the Caribbean (coedited with Gustavo Marquez, Suzanne Duryea, Hugo Ñopo, and Jaqueline Mazza), Harvard University Press, Cambridge, MA. 80. To What Extent to Latin Americans Trust and Cooperate? Field Experiments on Social Exclusion in Six Latin American Countries (co-authored with Juan Camilo Cardenas and Hugo Ñopo). In: Outsiders? The Changing Patterns of Exclusion in Latin America and the Caribbean (co-edited with Gustavo Marquez, Suzanne Duryea, Hugo Ñopo, and Jaqueline Mazza), Harvard University Press, Cambridge, MA. 81. Discrimination in Latin America: The Proverbial Elephant in the Room? (co-authored with Hugo Ñopo); In: Outsiders? The Changing Patterns of Exclusion in Latin America and the Caribbean (co-edited with Gustavo Marquez, Suzanne Duryea, Hugo Ñopo, and Jaqueline Mazza), Harvard University Press, Cambridge, MA. 2007 82. Privatization and Regulation in Latin America (co-authored with Juan Benavides); In: State of the Reform of the State, Eduardo Lora, editor. Stanford University Press and World Bank Press. 83. Overview: Corporate Governance in Latin America (co-authored with Florencio Lópezde-Silanes) In: Investor Protection and Corporate Governance: Firm-level evidence across 8

Latin America. Alberto Chong and Florencio López-de-Silanes, editors. Stanford University Press and World Bank Press. 84. Corporate Governance and Firm Value in Mexico (co-authored with Florencio Lópezde-Silanes) In: Investor Protection and Corporate Governance: Firm-level evidence across Latin America. Alberto Chong and Florencio López-de-Silanes, editors. Stanford University Press and World Bank Press. 2005 85. Privatization in Mexico (co-authored with Florencio López-de-Silanes), In: Privatization in Latin America: Myths and Reality, Stanford University and World Bank Press. 86. Privatization and Firm Performance in Bolivia (with Katherine Capra, Mauricio Garron, Florencio López-de-Silanes, and Carlos Machicado), In: Privatization in Latin America: Myths and Reality, Stanford University and World Bank Press. 87. The Truth about Privatization in Latin America (with Florencio López-de-Silanes), In: Privatization in Latin America: Myths and Reality, Stanford University and World Bank Press. 2003 88. "Are Labor Market Rigidities an Obstacle for Long-Run Growth?, Labor Markets and Institutions," (with César Calderón) Proceedings of the Seventh Annual Conference off the Central Bank of Chile 89. "Labor Market Regulations and Income Inequality: Evidence for a Panel of Countries" (co-authored with César Calderón and Rodrigo Valdes). Labor Markets and Institutions," Proceedings of the Seventh Annual Conference off the Central Bank of Chile. 90. Corporate Governance and Private Capital Flows to Latin America In: Corporate Governance and Capital Flows in a Global Economy (with (Alejandro Izquierdo, Alejandro Micco, and Ugo Panizza), Bruce Kogot, editor, Oxford University Press. 2000 91. "Do Governments Really Have to be that Generous?: An Application on Downsizing to Guinea-Bissau" (with Martin Rama), In: Shantayanan Devarajan, Halsey Rogers, and Lyn Squire, eds., World Bank Economists' Forum, The World Bank. Washington, DC. 1997 92. Cajas Municipales, Microcrédito y Pobreza en el Perú (co-authored with Enrique Schroth) Consorcio de Investigación Económica, Lima 1996 9

93. Instituciones, Regímenes y Crecimiento en America Latina (co-authored with Giancarlo Gasha and Enrique Schroth), Consorcio de Investigación Economica, Lima. Work in Progress 1. Information and Communication Technologies and Health Outcomes in Peru (with E. Field and M. Torero). 2. Education and Contraception in Colombia (with D. Karlan, and Martin Valdivia) 3. Privatization and Labor (with Florencio-Lopez-de-Silanes and Maximo Torero) 4. Dengue in the Border Between Peru and Ecuador (with J. Galdo, V. Galdo, and A. Dammert) 5. Competition and Prices in the Dominican Republic (with M. Busso, S. Galiani, and M. Sanchez). Referee The American Economic Review, Economic Development and Cultural Change, Economic Journal, Economics of Transition, Journal of Economic Dynamics and Control, Journal of International Economics, Review of Development Economics, Review of Economics and Statistics, Journal of Public Economics, Oxford Economic Papers, Journal of Economic Growth, Economics and Politics, Journal of Comparative Economics, Review of Income and Wealth, Public Choice, Review of Development Economics, American Political Science Review, Agricultural Economics, International Finance, Scandinavian Journal of Economics, Trimestre Economico, Review of World Economics, Contemporary Economic Policy, Journal of Applied Economics, Journal of African Economies, Journal of Development Studies, World Development, National Science Foundation. Citations in Popular Press: Associated Press, CNN International, British Broadcasting Corporation, Danish Broadcasting Corporation, The Economist, MacLean s, France Press, The Independent, Der Spiegel, Newsweek, Wall Street Journal, Foreign Policy, Salon, The Washington Post, The New York Times, National Public Radio, El Mercurio (Chile), Valor Economico (Brazil), El Comercio (Peru), La Nacion (Argentina), several other outlets in Latin America, East Asia, and Australia. Conference Presentations in the last five years European Economic Association (Milano, Prague, Stockholm, Venice, Bolzano), World Bank, Inter-American Development Bank, University of Michigan, Bocconi University, ENI-Enrico Mattei; NEUDC Conferences (Boston, Ithaca); Economists Forum (World Bank); Latin American Econometric Society Meetings (Caracas; Rio de Janeiro, Bogota, Santiago, Lima; Cancun); Latin American and Caribbean Economic Association Meetings (Mexico City, Bogota, Puebla, Rio de Janeiro; IIPF Meeting (Cordoba), Canadian Law and Economics Association (Toronto, Vancouver); Western Economic Association Meeting (Nevada). Affiliations European Economic Association, Southern Economic Association, Royal Economic Society, American Economic Association, Econometric Society, Western Economic Association. 10

Languages Spanish (mother tongue); English (fluent); Italian (advanced) Personal Peruvian Married, three children References Upon request Washington, DC October 2009 11