Recent literature points to a relationship between inequality, economic growth and socio-economic variables. In order to continue to research the relationship between these factors and inequality in Colombia, it is essential to construct a precise measure of rural land distribution. This paper...

During the last decade, forced internal displacement in Colombia has been a growing phenomenon closely linked to the escalation of the internal armed conflict - particularly in rural areas. The displacement problem has affected nearly every region and vulnerable groups of the population. Two...

Colombia is currently the world´s largest producer of coca leaf and the principal producer of opium poppies in the Americas; the plants are the basic raw materials used to produce cocaine and heroin. This document will analyse the current relationship between these crops and illegal armed...

Inequality has always been taken as a major explanatory factor of the rate of crime. Yet, the evidence in favor of that hypothesis is weak. Pure cross-sectional analyses show significant positive effects but do not control for fixed effects. Time series and panel data point to a variety of...

Increased access to education will be key in any efforts to improve the quality of rural life and the welfare of the next generation in developing countries. Microfinance programshave been among components of strategies for poverty alleviation that have attempted to address this challenge. This...

Este artículo estudia las decisiones de política monetaria en un ambiente en que: 1) tales decisiones están en manos de una junta, en lugar de un banquero central individual; y 2) los banqueros centrales son designados por el gobierno. En el modelo, cada banquero central tiene en cuenta el...

This paper analyzed gender in the informal sector in Colombia, using the urban part of the Encuesta Nacional de Condiciones de Vida 1997, under the hypothesis that many informal women belong to this sector because it is more convenient for their childcare and house care needs. It is found that...

Aloisio Araujo and Alvaro Sandroni have shown in [1] that in a complete-markets economy in which there are no exogenous bounds to financial trade, existence of equilibrium requires agents with prior beliefs that agree on zero-probability events, and, therefore, with asymptotically homogeneous...

We develop a model that shows that inefficient legal protections, disproportionately increase financial restrictions for debtors that have less wealth. Due to fixed monitoring costs in equilibrium banks will not monitor small firms and therefore these firms will adopt risky technologies that...