The paper aims to assess the wage differential that would induce workers to switch between informal and formal sectors, analysing the informal labour market in the Colombian Caribbean region. Relying on the theory of equalising differences, we uncover which workers perceive the highest utility...

The paper aims to assess the wage differential that would induce workers to switch between informal and formal sectors, analysing the informal labour market in the Colombian Caribbean region. Relying on the theory of equalising differences, we uncover which workers perceive the highest utility...

We document and analyze the emergence and consolidation of neoliberalism in higher education in economics in Colombia. The research focuses on four interrelated categories through which the neoliberal ideology changed the scientific field of economics by replacing endogenously developed...

We use process tracing to test the hypothesis of a specific strategy in the process of discussing and enacting a policy agenda. Our case study is Colombia, where the trace of events and milestones allow us to detect the strategy followed in implementing neoliberal reforms during the 1980s-2000s....

Purpose The purpose of this paper is to assess alternative economic explanations of buildings’ height in Latin America and Chile, inductively producing a theory about skyscrapers’ height in emerging countries. In the quest for height, global exposure as advertising guides developers located...

Purpose: This paper argues that decentralization reforms in Colombia, implemented since the 1980s, have led to the decentralization of political clientelism rather than its demise. Clientelism is a system of political and economic institutions that turns every local democracy into an extractive...

Theoretical choice is not an easy task for economists, as there is always a dilemma between syntactic epistemic virtues (parsimony, generality, unifying power, etc.), and semantic epistemic virtues (relationship between evidence and theory). This document analyzes the theoretical choice process...

The report investigates the impacts of short-term rental services (STRs), such as Airbnb, Homeaway, etc., on the residential housing market and hotel/accommodation market in the city of Seattle, Washington. Our primary goal is to examine critiques against STRs to assess their empirical validity...