The Effects of Formal Financial Inclusion on Informal Credit Use: Evidence from Colombia.
It is well known that formal credit can improve household’s wellbeing in developing countries, however, its relationship to informal credit as a substitute or complement is uncertain. This study aims to estimate the causal effect of formal credit on the use of informal credit sources using a Regression Discontinuity Designs which exploits credit allocation rules […]
Cars accidents and academic test results. The case of Medellín, Colombia
Medellin offers an interest case to study the effects of air pollution on academic performance at local scale. With 2.4 million people and an area of 382 km2, Medellin is the second largest city in Colombia2 and one of the most densely populated cities in Latin America. In the last 10 years, the city has […]