El objetivo de este artículo es investigar la relación entre el conflicto armado y la producción agropecuaria de los pequeños productores colombianos. El efecto de la violencia se desagrega entre los impactos directos (choques violentos) e indirectos (presencia de grupos armados). Las...

Abstract This paper examines the effect of conflict on agricultural production of small farmers. First, an inter-temporal model of agricultural production is developed, in which the impact of conflict is transmitted through two channels: violent shocks and uncertainty brought about by conflict....

En Colombia, las mujeres rurales jóvenes migran a las áreas urbanas. La migración es adoptada por las mujeres rurales como una estrategia para mitigar la vulnerabilidad y los niveles de pobreza que enfrentan en las áreas rurales. Este documento estudia cómo la migración afecta las...

We investigate if the long-run underperformance in the year after the SEO is related to behavioural biases that led investors to adjust their pre-issue over optimism slowly. We also examine the existence of arbitrage costs that preclude mispricing from being corrected rapidly by sophisticated...

We investigate the operating and stock market performance of Spanish state-owned enterprises (SOEs) privatized through public share issue offerings (SIPs) from 1990 to 2001, when the last SIP was conducted. We compare the performance of SOE and privately-owned firms. We find significant...

We investigate the operating and stock market performance of Spanish state-owned enterprises (SOEs) privatized through public share issue offerings (SIPs) from 1990 to 2001, when the last SIP was conducted. We compare the performance of SOE and privately-owned firms. We find significant...

This paper explores the importance of the risk of violence on the decision making of rural households, using a unique panel data set for Colombian coffee-growers. We identify two channels. First, we examine the direct impact of conflict on agricultural production through the change in the...

Este documento caracteriza las mujeres rurales jóvenes colombianas en cuatro dimensiones fundamentales: capital humano, contextos de vida, estrategias de vida y vínculos con el estado. Las tendencias encontradas para las mujeres rurales jóvenes se compararon con las de otros grupos...

Is inequality harmful for economic growth? Is the underdevelopment of Latin America related to its unequal distribution of wealth? A recently emerging consensus claims not only that economic inequality has detrimental effects on economic growth in general, but also that differences in economic...

Este documento presenta un modelo de estimación de la inflación en Colombia con base en la utilización de un modelo de la red neuronal artificial (ANN). La prueba de no-linealidad de la relación entre el dinero y la inflación, al igual que diferentes argumentos teóricos mencionados en el...