Since 2004, Colombia's education ministry has been testing the graduates of economics programs with a test known as the ECAES. This document tries to see if there's a significant difference among the results of students in different universities that could hint to differences in the quality of...

Using annual data for Colombia over the last 30 years, we test competing theories that explain macroeconomic fluctuations: the neoclassical synthesis, which posits that in the presence of temporary price rigidity, an unanticipated monetary expansion produces output gains that erode over time...