We estimate the effects of financial, macroeconomic and policy uncertainty from the United States on the dynamics of credit growth, stock prices, economic activity, bond yields and inflation in five of the main receptors ...Documentos de Trabajo. 2020-10-30
Gender inequality is much more than wage gaps. Indeed, one interesting case is how individuals allocate time among different activities such as paid work, unpaid work and domestic work. This paper aims to quantify gender ...Documentos de Trabajo. 2020-10-21.
Conventional wisdom suggests that promising an agent free information would crowd out costly information acquisition. We theoretically demonstrate that this intuition only holds as a knife-edge case where priors are ...Documentos de Trabajo. 2020-10-09
We exploit the Zika outbreak in Colombia in 2015 to explore how a negative shock that puts at high risk the newborn's health affects female behaviours associated with fertility, according to their marital status. The ...Documentos de Trabajo. 2020-10-01
Providing a noxious facility poses two problems previously unexplored together: where to locate it and how large it should be. We propose a mechanism combining some market-like properties with a modified second-price ...Documentos de Trabajo. 2020-09-22