Bogota is unique in recording and reporting the socioeconomic status of COVID-19 patients. As others in Latin America and Asia, the city imposed a blanket lockdown before contagion picked up in early 2020 and kept it in place for six months. We document that, during that period, being...

We use a randomized experiment involving 7,029 late-paying clients of a large Colombian bank to compare the effects on loan delinquency of text messages that encourage repayment through different behavioral angles { increased attention, reciprocity, social norms, moral norms, and environmental...

The economic crisis from the Covid-19 pandemic has generated a fall in tax revenues and an increase in the need for public spending in most economies throughout the world. This situation has led to a substantial increase in the sovereign debt levels and has dramatically reduced the fiscal space...