Brothers or invaders? How crisis-driven migrants shape voting behavior

We study the electoral effects of the arrival of 1.3 million Venezuelan refugees in Colombia as a consequence of the Venezuelan humanitarian crisis. We exploit the fact that forced migrants disproportionately locate in places with earlier settlements of Venezuelans after the intensification of the crisis. We find that larger migration shocks increase voter’s turnout and […]

Announcement of the first metro line and its impact on housing prices in Bogotá

Transport infrastructure investment impacts mobility and may significantly affect the capitalisation of the areas surrounding these infrastructure projects, even before the projects are completed. This paper analyses the impact that the announcement of the First Metro Line has on housing prices in the city of Bogotá. It combines innovative databases, web scraping and Google Maps […]

Robotics in solid waste handling: From science fiction to reality

It is currently estimated that approximately 55% of the world population lives in urban centers (World Bank, 2020). This is partly caused by phenomena such as the migration of people from rural areas toward cities. A direct consequence of this situation is the increase in solid waste (SW) generation. In 2018, the World Bank stated […]

Dynamic resource management under weak property rights: A tale of thieves and trespassers

We study non-renewable resource extraction when institutions weakly protect the resource owner’s property rights. First, weak wealth protection exposes the stock in the ground to trespassing. Second, weak income protection exposes revenues from extraction to theft. In our dynamic framework with strategic interactions, the strength of wealth and income protection evolves over time. The weak […]

The internal labor marketsof business groups

This paper provides micro evidence of labor mobility inside business groups. We show that worker flows between firms in the same group are stronger than with unaffiliated firms. More over, the reallocation of top workers between group firms is more sensitive to international shocks. Top workers that move within the group in response to shocks […]

Price elasticity of demandfor voluntary health insurance plans in Colombia

Background: Since 1993, Colombia has had a mandatory social health insurance scheme that aims to provide universal health coverage to all citizens. However, some contributory regime participants purchase voluntary private health insurance (VPHI) to access better quality health services (i. e., physicians and hospitals), shorter waiting times, and a more extensive providers’ network. This article […]

Human capital, innovationand productivity in Colombian enterprises: astructural approach usinginstrumental variables

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 Development and Technological Innovation (EDIT) and the Annual Manufacturing Survey (EAM), we extend the model of Crépon, Duguet, and Mairesse [1998. ‘Research, Innovation and […]