This paper surveys gender wage gaps in Colombia from 1994 to 2006, using matching comparisons to examine the extent to which individuals with similar human capital characteristics earn different wages. Three sub-periods are considered: 1994-1998; 2000- 2001; and 2002- 2006. The gaps dropped from the...

This paper uses a yearly dataset of plant-level investment in Colombian firms during the period 1997 to 2007 to assess the impact of a tax incentive for firms that invest in fixed assets implemented in 2004. A positive and statistically significant correlation is found between the boom observed...

The purpose of this article is to show that the strong increase in internal displacement and international emigration in Colombia during the last years has had repercussions in terms of child labour. On the one hand, because migration tends to enhance the vulnerability of minors to the risks of...

The 2005 Census brings, for the first time, detailed information about Colombian migration flows. This paper analyses information related to Colombians living abroad, and examines the main causes of emigration. With this purpose, it calculates the emigration rate by department and uses an...

Este artículo presenta la primera aplicación al estudio de la realidad colombiana de culturomics, un nuevo método de investigación que describe tendencias culturales, sociales y lingüísticas con base en el análisis cuantitativo de textos digitalizados. El artículo usa la totalidad de las...

Accommodative monetary policy during the financial crisis was instrumental in preventing a deeper recession. Views differ, however, on how long such measures should be kept in place. At the heart of this debate is the notion that a protracted period of policy accommodation could create...

This paper investigates the transmission channel of macroprudential instruments in a closed economy DSGE model with a rich set of financial frictions. Banks' decisions on risky retail loan concessions are based on borrowers' capacity to settle their debt with labor income. We also introduce...