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The minimum wage in formal and informal sectors: Evidence from an inflation shock

The minimum wage in formal and informal sectors: Evidence…

Autores

Author

  • Jorge Pérez Pérez
minimum wage
wage distribution
informal labor markets

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...

26 noviembre, 2020

Prepaid electricity and in-home displays: An alternative for the most vulnerable households in Colombia

Prepaid electricity and in-home displays: An alternative for the…

Autores

Author

  • Jamer Arturo Franco
  • Mateo Cardona
  • Juan Miguel Gallego
  • John Jairo Garcia
prepaid schemes
in-home displays
eElectricity consumption
smart meters
energy efficiency

Exploiting the implementation of a Prepaid Electricity Program in the region of Antioquia (Colombia), we estimate the impact that switching to a prepaid program has on users’ energy consumption behavior. In...

Land division: A lab-in-the-field bargaining experiment

Land division: A lab-in-the-field bargaining experiment

Autores

Author

  • César Mantilla
  • Margarita Gáfaro
land division
non-cooperative bargaining
cooperative bargaining
efficiency

We design a framed bargaining experiment to explore how farmers allocate inherited land. In the experiment, two players with heterogeneous productivity inherit a land plot yielding a risky production, and some...

Human capital, innovation and productivity in Colombian enterprises: a structural approach using instrumental variables

Human capital, innovation and productivity in Colombian enterprises: a…

Autores

Author

  • Mery Tamayo
  • Juan Miguel Gallego
  • Simón Ramírez
innovation
productivity
human Capital

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...

On the Aggregate Implications of Removing Barriers to Formality

On the Aggregate Implications of Removing Barriers to Formality

Autores

Author

  • Franz Hamann
  • Catalina Granda
informality
barriers to formality

This article examines the aggregate implications of several policies aimed at removing barriers to formality. To this end, we build a dynamic equilibrium model in which heterogeneous agents choose to work...

Precios del suelo y accesibilidad a las centralidades de empleo en Cali: análisis exploratorio con información 2015-2017

Precios del suelo y accesibilidad a las centralidades de…

Autores

Author

  • Jeisson Ipia Astudillo
  • Harvy Vivas Pacheco
  • Diego Rodriguez Mariaca
precios del suelo
segregación residencial
regresión espacial
ponderaciones geográficas
regresión ponderada geográficamente

La accesibilidad a las oportunidades de empleo y la variabilidad de los precios del suelo representan ideas nucleares del modelo canónico de localización residencial. Este artículo explora la distribución de los...

25 noviembre, 2020

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