This paper puts forth an explanation of the recent escalation of violent crime in Colombia. The paper considers three implicit models that isolate different types of externalities among criminals. In the first model criminals make crime more appealing to nearby residents by congesting the law...

Social exclusion is closely linked with many economic problems in Latin America, as it prevents people from reaching their full productive potential -in turn constraining growth and revenues- and makes them more likely to incur public health and social service costs. Who's In and Who's Out...

Social exclusion is closely linked with many economic problems in Latin America, as it prevents people from reaching their full productive potential -in turn constraining growth and revenues- and makes them more likely to incur public health and social service costs. Who's In and Who's Out...

In this paper, social mobility is measured by looking at the extent to which family background determines socioeconomic success. Roughly speaking, social mobility can be measure by means of two distinct types of correlations: intergenerational correlations and sibling correlations.

The model presented in the paper generates important implications concerning how the allocation of resources between children varies across income groups. In the model, poor and middle-income families tend to channel their resources into a few children whereas rich families (and perhaps very...

This paper tests whether Rodrik`s (1999) results that institutions for conflict management are associated with the ability to react to economic shocks are robust to different ways of defining the quality of such institutions. We measure the quality of conflict management institutions with two...

In this paper we draw a profile of the victims of crime in Latin America. We show that- at least for the case of property crime - the typical victims of crime in Latin America come from rich and middle class households and tend to live in larger cities. We also show that households living in...

This paper uses a new data set to study household responses to adverse income shocks in seven Latin American countries. The results show (i) that households respond to income shocks mainly by increasing their labor force participation, selling assets, and cutting back on human capital...