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COVID-19 and assimilation: an analysis of immigration from Venezuelan in Colombia
The increase in global immigration phenomena has impacted local labor markets. The process of social and economic assimilation is crucial to ensure the well-being of both natives and immigrants. This article analyzes the ...Documentos de Trabajo. 2022-11-01
No. 99 -
The external effects of public housing developments on informal housing: The case of Medellín, Colombia
Provision of new subsidized housing projects has proven to be an effective alternative to reduce the high level of quantitative housing deficit in developing countries. However less is known about how these housing projects ...Documentos de Trabajo. 2022-09-20.
No. 98 -
A trade-off from the future: How risk aversion may explain the demand for illiquid assets
We use a three-period model adopting a recursive definition of consumption to explore the optimal delegation that a present self, aware that her near-future self is present-biased but better informed, will make to protect ...Documentos de Trabajo. 2022-09-13
No. 97 -
Immigration, Wages, and Employment under Informal Labor Markets
This paper studies the labor market impacts of Venezuelan immigrants in Colombia. Exploiting spatial variation in exposure, I nd a negative e ect on native wages driven by the informal sector (where immigrants are ...Documentos de Trabajo. 2022-08-22.
No. 96 -
Calidad del empleo agregado, formal e informal: un análisis para la economía colombiana en el periodo 2007 - 2019
Este trabajo presenta una medida alternativa del nivel de empleo agregado, formal e informal para la economía colombiana entre 2007 y 2019, la cual permite obtener una medida alternativa de capital humano que es llamada ...Documentos de Trabajo. 2022-08-22.
No. 95 -
The Leading Role of Bank Supply Shocks
This paper studies the impact of the Covid-19 pandemic on corporate credit in Colombia. We first exploit the geographic and temporal variation in the disease spread to estimate the effect of local exposure to the virus on ...Documentos de Trabajo. 2022-08-22
No. 94 -
The effects of Monetary Policy on Capital Flows A Meta-Analysis
We investigate whether central banks are able to attract or redirect capital flows, by bringing together the entire empirical literature into the first quantitative meta-analysis on the subject. We dissect policy effects ...Documentos de Trabajo. 2022-08-22
No. 93 -
Credit and Saving Constraints in General Equilibrium: A Quantitative Exploration
In this paper we build an incomplete-markets model with heterogeneous households and firms to study the aggregate effects of saving constraints and credit constraints in general equilibrium. We calibrate the model using ...Documentos de Trabajo. 2022-08-05
No. 92 -
How Peace Saves Lives: Evidence from Colombia
The victimization of civilians and combatants during internal conflicts causes large long-term socioeconomic costs. Unfortunately, it is not clear whether peace negotiations can significantly reduce this burden, as the ...Documentos de Trabajo. 2022-06-17
No. 91 -
The Intergenerational Transmission of College: Evidence from the 1973 Coup in Chile
We study the transmission of higher education across generations using the arrival of the Pinochet dictatorship to Chile in 1973 as natural experiment. Pinochet promoted a large contraction in the number of seats opened ...Documentos de Trabajo. 2022-06-16.
No. 90 -
The response of illegal mining to revealing its existence
New monitoring technologies can help curb illegal activities by reducing information asymmetries between enforcing and monitoring government agents. I created a novel dataset using machine learning predictions on satellite ...Documentos de Trabajo. 2022-05-17
No. 89 -
Covid-19 consecuencias y desafíos en la economía colombiana. Una mirada desde las universidades
Este libro reúne diferentes hallazgos, perspectivas y efectos ante un fenómeno que, más de un año después, todavía representa un reto científico, médico y social para todos. Igualmente, esta obra representa el objetivo de ...Libro. 2022-04-28
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The trade-off between liquidity and insurance: voucher payments in a lab-in-the-field experiment with Colombian rural workers
We conduct a lab-in-the-field experiment in which 214 rural workers must choose between a cash or a voucher payment for completing a real-effort task. Participants face a twenty-percent chance of suffering a negative shock ...Documentos de Trabajo. 2022-03-10.
No. 88 -
Composición de la base de inversionistas extranjeros en el mercado de deuda pública local y variaciones en la sensibilidad de las condiciones financieras domésticas
En este documento se analiza la relación entre la participación de extranjeros en el mercado local de deuda pública y la sensibilidad de las condiciones financieras locales frente a cambios en factores globales. Asimismo, ...Documentos de Trabajo. 2022-02-18
No. 87 -
Landmines: The Local Effects of Demining
Anti-personnel landmines are one of the main causes of civilian victimization in conflict-affected areas and a significant obstacle for post-war reconstruction. Demining campaigns are therefore a promising policy instrument ...Documentos de Trabajo. 2021-12-28
No. 86 -
Gasto Público Social y Crecimiento Económico: Evidencia para América Latina 1990 – 2017
Este documento estudia el efecto del gasto público social en el crecimiento económico a partir de dos modelos (uno agregado y otro desagregado), con el objetivo principal de presentar evidencia empírica del impacto que ...Documentos de Trabajo. 2021-12-17
No. 85 -
Buying a Blind Eye: Campaign Donations, Forbearance, and Deforestation in Colombia
While existing work has demonstrated that campaign donations can buy access to benefits such as favorable legislation and preferential contracting, we highlight another use of campaign contributions: buying forbearance. ...Documentos de Trabajo. 2021-08-17.
No. 84 -
Revealing Corruption: Firm and Worker Level Evidence from Brazil
We study how the disclosure of corrupt practices affects firms. We construct novel firm-level measures of involvement in corrupt practices using randomized audits of public procurement in Brazil. On average, firms exposed ...Documentos de Trabajo. 2021-08-05
No. 83 -
Sustainability as a Policy Tool
In this policy note we propose a new country-based sustainability index comprised of three main drivers: climate change, energy use, and resource depletion. We argue that increases in clean energy intensity (clean energy ...Documentos de Trabajo. 2021-07-15.
No. 82 -
Minimum wage effects on informality across demographic groups in Colombia
We present evidence of the minimum wage effects on labour informality rates in Colombia. Our identification strategy consists of dividing the working population into sixteen groups depending on their age, gender and ...Documentos de Trabajo. 2021-05-26.
No. 81
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