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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 -
Does Higher Education Reduce Mortality? Evidence from a Natural Experiment
We provide new evidence on the causal effect of education on health. Our empirical strategy exploits the reduction in access to college experienced by individuals reaching college age shortly after the 1973 military coup ...Documentos de Trabajo. 2021-05-24.
No. 80 -
Assessing the Impact of COVID-19 on Trade: a Machine Learning Counterfactual Analysis
By interpreting exporters’ dynamics as a complex learning process, this paper constitutes the first attempt to investigate the effectiveness of different Machine Learning (ML) techniques in predicting firms’ trade status. ...Documentos de Trabajo. 2021-04-09
No.79 -
The dawn of a mobile payment scheme: The case of Movii
Mobile wallets replicate physical wallets on a mobile device, in which users can store different payment instruments (e.g., cards, transfers) to make mobile payments. As the mobile wallet is adopted, a mobile payment ...Documentos de Trabajo. 2021-04-07
No.78 -
Interdependent Capital Structure Choices and the Macroeconomy
This study shows that capital structure choices of US corporations are interdependent across time. We follow a two-step estimation approach. First, using a large cross-section of firms we estimate year-by-year average ...Documentos de Trabajo. 2021-04-06
No.77 -
Impacto de la migración sobre el empleo y la distribución salarial en Colombia
En este documento se presenta evidencia empírica para entender los impactos de la migración en el mercado de trabajo en Colombia, a través de la estimación de un modelo probabilístico tipo Probit para el empleo y una ...Documentos de Trabajo. 2021-03-31.
No. 76 -
Estimating the Value at Risk of a bank’s portfolio in sovereign bonds using a DCC-Copula model
Rises in sovereign risk adversely affect banks reducing their profits and increasing their funding costs. Impacts are specially strong on banks holding important positions of government debt in the investment portfolios. ...Documentos de Trabajo. 2021-02-25
No. 75 -
Pensando la historia económica de Colombia. Tendencias en la difusión y la divulgación
Esta obra presenta un balance de las tendencias de difusión y divulgación en historia económica de Colombia producidas entre 1971 y 2016, a partir de 115 títulos considerados como “obras generales en historia económica”, ...Libro. 2019. -
Explaining the Rural-Urban Student Performance Gap for Different Distribution Quantiles in Colombia
This paper studies the determinants of student performance in the PISA 2018 tests in Colombia focusing on the rural-urban gap. Using quantile regression, a student-level education production function at different points ...Documentos de Trabajo. 2021-02-15
No. 74 -
Tributación en Colombia: Una aproximación teórica y empírica de la Curva de Laffer
El documento presenta una estimación de la Curva de Laffer para la economía colombiana mediante la realización de un análisis de estática comparativa y un análisis de tipo econométrico. Respecto al primer análisis, partiendo ...Documentos de Trabajo. 2021-01-14
No. 73 -
Police Repression and Protest Behavior: Evidence from Student Protests in Chile
Police repression is common in street protests but evidence about its impact is limited. We study the protest behavior of people linked to a student killed by a stray bullet coming from a policeman during a large protest. ...Documentos de Trabajo. 2020-12-30
No.72 -
Measuring the contribution of the bioeconomy: the case of Colombia and Antioquia
The bioeconomy has gained attention in policy and academia scenarios as well as the need for strategies to foster the transition toward a more sustainable economic model. This paper provides evidence of the contribution ...Documentos de Trabajo. 2020-12-29.
No.71 -
Informalidad, ciclos económicos y política fiscal: una exploración de los nexos
Este trabajo tiene como objetivos ofrecer una visión panorámica acerca de la economía informal, sus determinantes y principales características en el caso colombiano; y, también, explorar las consecuencias de este fenómeno ...Documentos de Trabajo. 2020-12-05.
No. 70 -
Global effects of US uncertainty: real and financial shocks on real and financial markets
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
No. 69 -
Unpaid work and gender gap patterns in Colombia
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.
No. 68
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