Using the 2003 and 2008 Quality of Life Surveys, we identify the factors that affect housing tenure decisions in Colombia and explore the determinants of the demand for rentals and purchases. Variables affecting the choice between buying and renting include civil status, education, age of the...

In recent years, for most emerging markets, public debt has decreased and its composition has evolved toward domestic currency. This progress is remarkable in terms of reduced financial vulnerability, which has been underpinned by favourable financing conditions and related deepening of local...

Public education is one of the largest components of the public sector in Colombia, in term of its size, share of public expenditures, and geographic coverage. In 1997, Colombia had 85 thousand educational establishments, 390 thousand teachers, and 8.6 million students. In addition, public...