Carola Pessino E-Mail: cpessi@hotmail.com Education University of Chicago, Ph.D. (Economics), 1989 Thesis: Sequential Migration Theory and Evidence from Peru Thesis Directors: Gary Becker and James J. Heckman University of Chicago, MA (Economics), 1986 Centro de Estudios Macroeconómicos de Argentina, CEMA Graduate Program in Economics, 1983 Universidad de Buenos Aires, Lit. in Economics, 1981 Honors: Gold Medal, Top Grade Average Government, Research and Academic Positions Visiting Fellow, Center for Global Development, Washington, DC, since 2012 Senior Researcher, Centro de Economia Aplicada (CEA) and Visiting Professor at Universidad del CEMA, Buenos Aires, Argentina since 2012 Consultant, The World Bank, Human Opportunity Index (HOI), 2010 Professor, Universidad Torcuato Di Tella, UTDT, 2001-2011. Executive Director of the Center for Social Economics Evaluation and Research for Poverty Alleviation, CESyP, 2001-2011. Consultant to IDB and World Bank, 2001-2006, Implementing SINTyS type projects in Latin America. General Coordinator and creator of the National Tax and Social Identification System (SINTyS) in the Executive Power of the Argentine Republic, 1998-01. Secretary of Fiscal Equity, Chief of Cabinet of Ministers, September 1997-December 1999 Undersecretary of Public Investment and Social Expenditure, Minister of the Economy, 1997 Member of the Economic Advisors to the Minister of the Economy Roque Fernandez (with Carlos Rodriguez, Humberto Petrei and Guillermo Calvo), August 1996-December 1999 Director of the Economics Department, CEMA, 1992-1998 Professor, Centro de Estudios Macroeconómicos de Argentina, CEMA, 1992-2001 Consultant, The World Bank and IDB 1994-1995, 2001-2004 Argentina Labor Market and Poverty Problems Consultant, The World Bank, November 1993, Peru Labor Market Problems Page 1
Consultant, The World Bank, 1992 and 1993, Nicaragua Labor Market Problems. Visiting Fellow, Economic Growth Center, Yale University, June 1990-December 1991 Assistant Professor, Duke University, Department of Economics, 1988-1993 Visiting Consultant to the World Bank, June-September 1987 Researcher under grant from CONICET (Argentina) at CEMA, Buenos Aires, 1982-1983 Research assistant, CEMA, Buenos Aires, 1979-1982 Teaching Experience Professor of Design and Impact Evaluation of Social and Active Labor Policies. Universidad del CEMA, August 2012 Professor of Labor Economics and Social Policy, Master in Economics and Master in Public Policies, Universidad Torcuato Di Tella, 2002-2011. Director and Coordinator of the Executive Program Labor Strategy and Collective Negotiation, 2007-2008 Professor of Microeconomics, Licenciatura en Economía y Economía Empresarial, Universidad Torcuato di Tella, 2002- Professor at CEMA University 1992-2001. Taught Human Resources Management for Master in Business Administration, Econometrics and Labor Economics for Master in Economics, Labor Economics for Undergraduates and Government Social Policy for Master in Political Sciences. Professor of Labor Economics, Licenciatura en Economía Empresarial, Universidad Torcuato Di Tella, 1994-1995 Professor of Intermediate Microeconomics, Introduction to Econometrics, Applied Econometrics and Underdeveloped Areas, Duke University 1988-1993 Teaching Assistant, Department of Economics Ph.D. Program, University of Chicago, 1986 -- Professor Tom Mroz's Graduate Econometrics I and Professor James J. Heckman's Graduate Econometrics II Professor, Facultad de Ciencias Económicas, Universidad de Buenos Aires, 1983 -- taught price theory to advanced undergraduates Teaching Assistant, Facultad de Ciencias Económicas, Universidad de Buenos Aires, 1981 and 1982 Grants, Fellowships, Awards and Honors Invited to be part of a small advisory committee to assist the Inter-American Dialogue in developing a Social Policy Report Card for Latin America. Nora Lustig chairs the Page 2
committee, which includes about 15 highly regarded economic and political analysts from the Latin America and the United States. The first meeting was in Washington on February 11, 2008 and the second on October 1 st, 2008. Consultant IDB on the own-created project SINTyS to develop it in Latin America, 2006- Elected as Member of the Committee for Development Policy (CDP) for the term 2004-2006 that advises the Economic and Social Council of the United Nations Elected as Member to the Executive Committee of the Latin American and Caribbean Economic Association (LACEA) for the period 2002-2005. Invited by the Royal Academy of Sweden to postulate the Nobel Prize in Economics, 1999-2001 Nominated for the Award for Excellence by the World Bank for her research on the Argentine Labor Market, 1997 Fundación Antorchas, Proyecto A-13015/1-000057, subsidy for research in economics, 1994-1995 Ford Foundation, Grant No: 935-0416 for the project "The Effects of Macroeconomic Shocks on Income Distribution: Lessons for Structural Adjustment", February 1993 Duke University, URC Grant 1992 Rockefeller Foundation, Postdoctoral Fellowship for research at the Economic Growth Center, Yale University, 1990-1991. Hewlett Foundation, Committee on Demographic/Training Predoctoral Fellowship, 1985-1987 University of Chicago Unendowed Funds, 1983-1987 University of Chicago, Friedman Funds, 1983-1986 CONICET (Argentina), External Fellowship, 1983-1984 CONICET (Argentina), Internal Fellowship for initiation in independent research, 1982-1983 Gold Medal, Facultad de Ciencias Económicas, Universidad de Buenos Aires, Top Grade Average Award, 1981 Papers Social Spending and Income Redistribution in Argentina During the 2000s: the Rising Role of Noncontributory Pensions, ( with Nora Lustig), in progress October 2012 The Impact of Taxes and Social Spending on Inequality and Poverty in Argentina, Bolivia, Brazil, Mexico and Peru: A Synthesis of Results, (with Lustig, Gray_Molina, Higgins, Jaramillo, Jimenez, Paz, Pereira, Scott and Yanez), Tulane Economics Working Paper Series, Working Paper 1216, August 2012 Commitment to Equity: An Assessment of Fiscal Policies in Argentina, Mexico and Peru, (with Miguel Jaramillo, Nora Lustig and John Scott), Mimeo, presented in the Fourth meeting of the Society for the Study of Economic Inequality (ECINEQ), University of Catania, Italy, July 18-20, 2011 Page 3
Chapter II Sistema de identificación nacional tributario y social: Argentina (with Ricardo Fenochietto) in Sistemas Integrados de Información Social su rol en la protección social edited by V. Azevedo, C. Bouillon and I. Irarrázaval, Pontificia Universidad Catolica de Chile, 2011. The Impact of the Financial Transaction Tax: Evidence from Argentina (with Ricardo Fenochietto and Ernesto Crivelli), paper in progress, IMF 2011. Determining countries tax effort (with Ricardo Fenochietto), Hacienda Pública Española / Revista de Economía Pública, 195-(4/2010): 65-87 Argentina social report card: a scorecard of the government s commitment to social equity, (with Nora Lustig), Mimeo, 2010 Chapter 4 in Do Our Children Have A Chance? The 2010 Human Opportunity Report for Latin America and the Caribbean, The World Bank, 2010 The Effectiveness of Social Protection Networks: the Role of Integral Information Systems. The case of Argentina, IDB, February 2008. Efficiency and Equity Considerations of the Tax Structure in Argentina, Brazil and Chile: Analysis and Policy Considerations, (with Ricardo Fenochietto), paper sponsored by the Center for Global Development, Washington DC, June 2008 How to implement a National Coordinated System for the Identification of Individuals and Information Exchange to Improve Fiscal and Social Equity. Lessons from LACs, Paper selected by the International Conference on Theory and Practice of Electronic Governance, (with Ricardo Fenochietto), Center for Electronic Governance at United Nations University, University at Albany, New York, 2007, Macao SAR, China published in Tomasz Janowski, Theresa A. Pardo (Eds.): Proceedings of the 1st International Conference on Theory and Practice of Electronic Governance, ICEGOV 2007, Macao, China, December 10-13, 2007. ACM International Conference Proceeding Series 232 ACM 2007,. Creación y Destrucción de Empleos en Argentina, (con Luis Andrés), En Para Bien o para mal?: debate sobre el impacto de la globalización en los mercados de trabajo de América Latina, ed. por Gustavo Márquez, Washington DC; 2006 IDB.. Comment to Tax Reform in Brazil: Small Achievements and Great Challenges in Latin American Macroeconomic Reform: The Second Stage, ed. by J. A. Gonzales, Vittorio Corbo, Anne O. Krueger and Aaron Tornell. Chicago: University of Chicago Press, 2003; chapter 11. Job Creation and Job Destruction in Argentina (with Luis Andrés), IDB, Research Department, The Latin American Research Network, September 2003. Argentina and Brazil: A Comparison of Poverty Profiles and Socioeconomic Outcomes in Volatile Economies (with Luis Andrés), IDB Research Department, The Latin American Research Network, November 2002. The Impact of Devaluation on the Labor Market in Argentina, presented at the IDB conference Security and Development: Challenges in Latin America and the Caribbean, September 2002 Page 4
"Understanding Labor Supply Dynamics in Argentina" (with Indermit Gill and J Guasch). In Crafting Labor Policy:Techniques and Lessons from Latin America, edited by Gill, Indermit S., Montenegro, Claudio and Domeland, Dorte. Oxford: Oxford University Press, 2002, 101-127. "Increasing Labor Demand in Argentina" (with Indermit Gill and J Guasch). In Crafting Labor Policy:Techniques and Lessons from Latin America, edited by Gill, Indermit S., Montenegro, Claudio and Domeland, Dorte. Oxford: Oxford University Press, 2002, 129-154. Características y Consecuencias de la estructura tributaria en la República Argentina durante la década del noventa (with Ricardo Fenochietto). In La Economía Argentina hoy, Buenos Aires: Editorial El Ateneo, 2001, 203-242. Convertibility and the Labor Market, presented at the Conference on the Currency Board First Decade at the Central Bank of Argentina, 2001. The Shared Value Added Tax. How it works and why it is the Best Tool for Optimal Fiscal Federalism in Countries with Consumption Based Taxes, (with Ricardo Fenochietto), Doc. De Trabajo N 176, CEMA, September 2000. La Dinámica Laboral en el Gran Buenos Aires y sus implicaciones para la Política Laboral y Social, (con Luis Andrés), Doc. De Trabajo N 173, CEMA, Agosto 2000. Acerca del Funcionamiento del IVA Compartido, (with Ricardo Fenochietto), Criterios Tributarios, Año XV, No 135, Julio de 2000. Que significado tiene el salario promedio, Revista Análisis N 10 de la Universidad del CEMA, Abril 2000. A Budget for Skill Formation in Argentina, (with James J. Heckman, R Cossa and L.Lochner), Unpublished Manuscript, April 1999. Determinants of labor demand in Argentina: Estimating the benefits of labor reform in Argentina. (con Indermit Gill), Doc. de Trabajo N 114, CEMA, September 1996. "The Labor Market during the Transition in Argentina", in S. Edwards and N. Lustig (eds.) Labor Markets in Latin America: Combining Social Protection with Market Flexibility, Washington, D.C: The Brookings Institution, 1996 Labor force participation and labor supply in Greater Buenos Aires" (with Indermit Gill), Doc. de Trabajo N 118, CEMA, June 1997 "La Anatomía del Desempleo", Desarrollo Económico, vol. 36, Summer 1996 Returns to Education in Greater Buenos Aires 1986-1993: From Hyperinflation to Stabilization, Doc. de Trabajo N 104, CEMA, June 1995 and Cuadernos de Economía, 33, N 99, pp. 205-226, Agosto 1996. "The Informal Sector in Nicaragua", Economic Notes, LA2-4, The World Bank, February 1996. Page 5
"Labor Market Consequences of the Economic Reform in Argentina", in D. Turnham, C. Foy and G. Larraín (eds.) Social Tensions, Job Creation and Economic Policy in Latin America., OECD 1995, Paris. "Labor Markets in Nicaragua after the Stabilization Plan: Labor Force and Human Capital", Unpublished Manuscript, The World Bank, September 1994 "Rising Unemployment in Argentina: 1974-1993", (with Leonardo Giacchino), presented in the XII Latinamerican Meeting of the Econometric Society Society, Caracas, Venezuela, August 2-5 1994. "Labor Market Analysis and Policy Matrix for Perú", Unpublished Manuscript, The World Bank, January 1994 "From Aggregate Shocks to Labor Market Adjustments: Shifting of Wage Profiles Under Hyperinflation in Argentina.", Documento de Trabajo CEMA, No 95, December 1993 "Duration Dependence in the Sequential Migration Model", Documento de Trabajo CEMA, No 93, November 1993 "La teoría de la migración secuencial y la experiencia del Perú", El Trimestre Económico, 58(0), December 1991. "Sequential Migration: Theory and Evidence from Peru", Journal of Development Economics 26, 55-87, July 1991. "Argentina 1974-1989. From Aggregate Fluctuations to Distributional Responses in the Labor Market: An Entrance into the Labyrinth of Causes and Effects.", mimeo, Yale University, May 1991. "Internal Migrants in Peru: Socioeconomic Determinants and Self-Selection by Type of Move", World Bank, September 1987 "Politica Macroeconomica en una Economia Abierta: El rol de las Reservas Internacionales y el Tipo de Cambio como instrumentos alternativos," Graduate Program at CEMA Thesis, August 1983 "Politicas Cambiarias Alternativas vs. Deficit Fiscal:un analisis de su consistencia, joint with Silvina Vatnick, Anales de la Asociacion Argentina de Economia Politica, 1981 Main Argentine Government Projects and Papers Project of Reform of Federal Coparticipation of Taxes, Executive Power, Argentina, 1999. Public Expenditure Review, Chief of Cabinet of Ministers, 1999. Coordination of Tax and Revenue Efforts and Risks in the Secretary of Fiscal Equity in Argentina, 1997-1999 Creation of the National Tax and Social Identification System (SINTyS) in the Executive Power of the Argentine Republic, 1998. Pension System Reform Project, 1998. Page 6
Health System Reform, various projects, 1997-1999 Labor Market Reform Project, 1998. Referee Assistance American Economic Review (2005-2009), Journal of Political Economy, Journal of Development Economics, Journal of Human Resources Conferences and Lectures Invited to present a paper under the recommendation of Gary Becker Argentina in its populist labyrinth, is there a way out? to the Regional Annual Meeting of the Mont Pelerin Society ( The Populist Challenge to Latin American Liberty ) held in Buenos Aires Argentina, April 19 th 2011 Invited to the Panel Investment in Human Capital in regional Economies, in the SAER Conference at the UNSAM, Buenos Aires, 16 de noviembre de 2010 Invited to present a lecture on taxation and inequality at the Inter-American Dialogue, in Washington DC, February 12 th, 2008 Invited to the Panel Discrimination and the Justice System in the Conference Discriminación y Políticas Públicas en América Latina organized by UNT and UCEMA and sponsored by IDB. Buenos Aires, Argentina, October 2007. Invited to speak on the paper Efficiency and Equity of the Tax Structure in Argentina, Brazil and Chile: Analysis and Policy Considerations, (with Ricardo Fenochietto), in the Center for Global Development, Washington DC, March 2005.- Invited as key speaker in the National Academy of Economic Sciences on The thinking of James J. Heckman. Buenos Aires, Argentina, November 19 de 2002.- Invited to the Conference Security and Development: Challenges in Latin America and the Caribbean by the IDB and OEA in Washington D.C. Participated as panelist in the Panel Social Protection. September 20, 2002. Invited to the Conference on Labor Market Reforms in Latin America: Much Talked about, Seldom Implemented, organized by the Center for Research on Economic Development and Policy Reform in Stanford University. Participated in the panel chaired by Anne Krueger Looking Back: Why has Reform been so Difficult, November 8-10 2001. Invited as Member of the Panel of Economía 2001, the Journal de LACEA. Commented the paper Conditional Cash Transfers and Their Impact on Child Work and Schooling: Evidence from the Progresa Program in Mexico by Emmanuel Skoufias and Susan W. Parker in the LACEA Conference, Harvard University. Invited to the Conference on Financial and Fiscal Reforms in Latin America, organized by the Center for Research on Economic Development and Policy Reform in Stanford University. Commented the paper Tax Reform in Brazil : Small Achievements and Great Challenges presented by Rogerio Werneck, November 9-11 2000. Page 7
Invited to the First Meeting on Poverty and Income Distribution, organized by the University Torcuato Di Tella, presented joint work with Dr. James Heckman A Budget for Skill Formation in Argentina. Participated in the Panel: Perspectives of Social Policy in Argentina. June 29, 2000. Invited to the 6th Annual World Bank Conference on Development in Latin America and The Caribbean participating in the Panel Dealing with Economic Insecurity in Latin America and the Caribbean, June 20, 2000. Invited to the Conference The problem of Unemployment in Argentina, organized by the Universidad Di Tella. Participated in a round table called Policies to cure Unemployment, August 1999. Invited to the Annual Meeting 1999 of the Bank Association of Argentina (ABA). Commented the work Income Distribution in Argentina. Reality and Proposals, by FIEL, July 1999. Invited to a special lecture at the Conference The role of the Economist and the role of Economic Policy, organized by the Department of Economics of the University of Buenos Aires, June 1999. Invited to the Seminar Financial and Fiscal Decentralization, organized by the Ministry of the Interior. Participated as a commentarist, Buenos Aires, May 1999. Invited to the XIII National Seminary of the Public Budget, organized by ASAP in Ushuaia, Tierra del Fuego. Presented a lecture on Fiscal Equity, Public Expenditure Prioritization and SINTyS, May 1999. Invited to the Conference Social Protection and Poverty, organized by the Interamerican Development Bank (IDB). Presented a lecture on Poverty and Income Distribution in Argentina, February 1999. Invited to the Seminar The Health System in Argentina at the end of the Century, organized by the HMO CEMIC in Buenos Aires. Presented a lecture titled Equity and Social Investment, December 1998. Invited to the Conference of Federal Programs with International Financial Organisms for Subnational Governments, organized by the Secretary of Financial Assistance to Provinces of the Ministry of the Interior and the Government of the Province of San Luis, San Luis, Argentina. Presented a paper on Intergovernmental Financial Relations. Fiscal Coparticipation and Grants, November 1998. Invited to the Annual Economic Conference, at CEMA University in Buenos Aires. Commented the paper Designing a capitalist Economy for Fast Growth and High Employment Today, by Edmund Phelps, November 1998. Invited to the Seminar Inequality and Poverty, organized by the Universidad Di Tella, in Buenos Aires. Presented a lecture on Poverty, October 1998. Invited as a discussant on the World Development Report 2000, organized by the World Bank in Buenos Aires, October 1998. Page 8
Invited to a special Lecture at the IIPF Conference in Argentina 1998, organized by The Institute for Fiscal Studies, in Córdoba. The title of the talk was Labor Taxation in a Globalized Economy, August 1998. Invited to the Seminar Labor Markets. Between Solidarity and Loyalty, organized by the Interamerican Development Bank (IDB), in Montevideo, Uruguay. Presented a lecture on The Labor Market in Argentina, May 1998. Invited to the round table of the Conference State Reform and Industrial Growth: How to Compatibilize this Challenge, in Buenos Aires, April 1998. Invited to the XXXIX Annual Meeting of the Governors Assembly of IDB and CII, organized by the IDB in Cartagena de Indias, Colombia. Presented a talk in the panel Is it a problem of Demand?: The Macroeconomic Explanation, in the Seminar What is the Problem of Employment in Latin America and the Caribbean and how to confront it?, March 1998. Invited to the Seminar Argentina Week, organized by the World Bank in Washington, D.C.. Presented a talk on Issues of Fiscal Equity, December 1997. Invited to the Conference "Funding America's Retirement: Policy Choices and Consequences", sponsored by The University of Chicago Department of Economics Chairman's Council and The Federal Reserve Bank of Chicago. Presented the paper "Lessons from Latin America", together with Roque Fernández. Invited to the Conference on "Labor Markets in Latin America", sponsored by The Brookings Institution and The World Bank, held at Universidad Torcuato Di Tella, July 1995, Buenos Aires. Presented the paper "The Labor Market during the Transition in Argentina". Invited Specialist from Argentina to the joint OECD Development Centre/Inter-American Development Bank seminar "Social Tensions, Employment Creation and Economic Policy in Latin America", November 1994, Paris. XII Latinamerican Meeting of the Econometric Society, Caracas, Venezuela, August 2-5 1994 Co-Chairman to Conference on "National Policies and Economic Growth", organized by CEMA and ILADES in the Central Bank of the Argentine Republic, August 11-12 1993 Comments to "Optimal Stock/Flow Panels" by Tony Lancaster and Guido Imbens at the Yale-Brown Conference in Labor Markets, October 18, 1991. "From Aggregate Shocks to Labor Market Adjustments: Shifting of Wage Profiles Under Hyperinflation in Argentina.", presented at the X Latin American Meeting of the Econometric Society held in Uruguay, August 27-30 1991. Chaired a Session and discussed a paper during the same meetings. Invited Labor Economics Expert in Argentina's Conference "Production Reestructuring and its Impact on Employment", Fundación Argentina Siglo XXI, with the assistance of top government officials interested in understanding received knowledge on the impact of the transition that is undergoing Argentina on the labor markets, August 13-14 1990. "Sequential Migration in Peru," presented at the Third Annual Interamerican Seminar on Economics on Public Sector and Labor Markets in Latin America. Organized by the National Bureau of Page 9
Economic Research and the Pontificia Universidade Catolica do Rio de Janeiro. March 15-17 1990. "Duration Dependence in the Sequential Migration Model," presented at Conference on the Family, Gender Differences and Development organized by The Economic Growth Center at Yale University, September 1989. "Sequential Migration: Theory and Evidence from Peru," presented at Seminar on Inequality and Demographic Change in Latin America organized by The Population Research Center of NORC and the University of Chicago., May 1989. Advising Master Thesis supervisor Juan de Elizalde; El financiamiento argentino de riesgos del trabajo. Desde 2005. Maestría en Políticas Públicas. Calificación Aprobada (UTDT). Romina Ordoñez; Distribución funcional del ingreso en la Argentina 1993-2004: una aproximación a la verdadera participación del trabajo en el ingreso. Desde 03 2005 hasta 12 2005. Maestría en Políticas Públicas. Calificación Aprobada (UTDT). Alejandro Vera Mohorade; Quiénes obtienen becas en la educación secundaria?.2005. Maestría en Políticas Públicas. Calificación Aprobado (UTDT). Ligia Miranda Corrales; La informalidad laboral y los efectos de la reforma laboral en Nicaragua. 2006. Maestría en Políticas Públicas. Calificación: Aprobado (UTDT). Ana Guillermina Fernández; Movilidad Social en Argentina. 2006. Maestría en Políticas Públicas. Calificación: con Mención (UTDT). Luis Orezzoli; Simulaciones de Montecarlo aplicadas a metodologías no experimentales. 2008. Maestría en Economía. Calificación: Aprobado (UTDT). Diego Pemintel, El Efecto Trabajador Adicional: Una Estimación para Bolivia. 2009. Maestría en Políticas Públicas. Calificación: Aprobado (UTDT). Undergraduate Thesis supervisor (more recent) Nicolás Grosman, Javier Pereira, Federico Semeniuk, Lorenzo Sigaut; Investigación y Desarrollo y Diferencia de Ingresos entre Países. 2005. Licenciatura en Economía. Calificación Aprobada (UTDT). Kiguel, Andrea, Federico Zaldúa "Informalidad voluntaria o ultimo recurso? Una análisis de la dinámica laboral en Argentina", 2006. Licenciatura en Economía. Calificación A (UTDT). Caccavo, Martín; Mones, Eugenia; Rojo, Germán.L Impacto De Las Políticas Macroeconómicas Sobre La Distribución Del Ingreso: Un Estudio Empírico Para Argentina, 2007 Calificación, Calificación Aprobada (UTDT). Artícles and Interviews in Newspapers and Magazines Clarín, La Nación, Ambito Financiero, El Cronista, La Razón, Apertura, BAE, Indicadores de Coyuntura de FIEL. Page 10