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...
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...
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...
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...
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...
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...
