Applying Benefit Incidence Analysis we assessed the redistributive impact of public policies concerned with education in Bogotá. Though the household choices about public or private schooling are decentralized and respond to market constraints, the public provision policy of education achieves...

The Colombian reform to the health system (Law 100 of 1993) established, as strategy to facilitate the access, the universality of a health insurance that is acquired by means of the quotation in the contributive regime or by means of the gratuitous affiliation to the subsidized regime, in order...

Using Human Capital and Signaling theories, this paper seeks to explain recent graduates' labor income in Colombia. Since usual household surveys do not provide specific information to analyze wage determinants (such as field of study, characteristics of the institution where the degree was...

Information about public education in Bogota is used in this article to evaluate the redistributive impact of subsidies using incidence analysis on income and expenditure by levels of strata and localities. Results indicate that education subsidies and new public policies have had strong...

This paper describes the privatization program carried out in the productive sector of the Colombian economy during the 1990s. It evaluates privatization within the policy context of general market deregulation and the promotion of private investment in the provision of public infrastructure and...

This paper provides evidence that unemployment rates across US states are stationary and therefore behave according to the natural rate hypothesis. We provide new insights by considering the effect of key variables on the speed of adjustment associated with unemployment shocks. A...

We assess the role played by advisory supervision on the early stage productivity of recent PhDs in economics using a tailor-made data set based on RePEc. After allowing for the potential effects of other relevant determinants, including gender and field of specialisation, we find as expected...

This paper studies the dynamics of lending and deposit rates in two emerging markets in Latin America: Colombia and Mexico. The dynamics of lending (deposit) interest rates are driven by the exogenous interbank interest rate and deviations from the long-run lending-interbank (deposit-interbank)...

We examine the effects of seasonal adjustment filters on the size and power of ADF and PP residual-based cointegration tests via a Monte Carlo and an empirical application. Our results indicate that the use of filters distorts the size and reduces the power of these tests.

This paper estimates linear and non-linear error correction models for the spot prices of four different coffee types. In line with economic priors, we find some evidence that when prices are too high, they move back to equilibrium more slowly than when they are too low. This may reflect the...