In the first half of the nineties, Colombian labor legislation faced profound transformations. Initially, the reforms seemed to produce positive effects as unemployment fell continuously, to below 8% in 1994. However, since 1995, unemployment has increased steadily, reaching in the last quarters...

This paper analyzes the effect of the number and age structure of children on women's wages in Colombia. On average, mothers earn 17.6% less than non-mothers. Because not all women participate in the labor market, sample selection is a potential issue and is therefore corrected. After...

This study is a theoretical exercise for Colombia that aims to simulate a variety of scenarios under a hypothetical scheme similar to the multi-funds currently in operation in Chile, Mexico and Peru. This has been done by modeling the future movement of asset prices that are considered to be...