I estimate the effect of the minimum wage on formal wages, informal wages, and employment in Colombia. I exploit an unexpected increase in the real minimum wage during 1999. My analysis...

According to the gradient allocation principle based on a positively homogeneous and subadditive risk measure, the capital allocated to a sub-portfolio is the Gâteaux derivative, assuming it exists, of the underlying...

We study the efect of price variations over time and across space on search intensity and search time by consumers in retail markets for diesel in France. The main contribution of...

This paper investigates the impact of adopting quality management standards like ISO9001 on a firm’s performance and the mediator role of human capabilities within firms in this relationship. The article analyses...

We study how text messages incorporating behavioral insights can be used as a tool to affect civil servant performance when state capacity is weak. By experimentally varying the content of a...

In this paper we explore the R&D–innovation–productivity linkage for the Colombian manufacturing industry, paying special attention to the role of human capital. Using data from two firm-level surveys, the Survey of...

We compare the educational effects of two medical protocols that mitigate long-term conse-quences of prematurity or low birth weight. The two protocols are Traditional Care (TC), whichuses incubators, and Kangaroo Mother...

Several interdisciplinary studies highlight imperfect information as a possible explanation of skill mismatches, which in turn has implications for unemployment and informality rates. Despite information failures and their consequences, countries like...