We provide evidence of private returns to education and externalities which jointly render social returns in the labor … market of Colombia. The spillover in the cities is generated by the share of college educated workers in the working …

of externalities. The natural definition of equilibrium in such case is the Nash-Walras equilibrium concept. I first … consider the case of strategic externalities, where I assume that each player chooses a consumption bundle, subject to some … the strategies chosen by all the players. I also consider the case of consumption externalities, in which each individual …

This paper proposes a methodology to estimate externalities in human capital as a response to the evidence of a … period 1980-2000, and found that there are positive externalities in human capital accumulation close to one, implying …

. This work explores the way banks in Colombia manage their balance sheet and sheds light into the dynamics of credit and …

of agricultural prices. To do this, we employ a highly disaggregated dataset for Colombia that consists of weekly …

We study the existence of a monetary policy transmission mechanism through banks in Colombia, using monthly banks …

laboral y consideraciones redistributivas. Este ensayo: i) caracteriza la oferta de programas de FpT en Colombia …

baja en Colombia, utilizando información a nivel de firma para el periodo 1999-2006. La rigidez se determina a través de …