Using the decomposition procedure propossed by Oaxaca (1973) applied to data extracted from the National Household Survey (1984 – 1999), this document presents a new estimation of wage discrimination by gender. An male-possitive wage differential is detected which is not explained by...

On June 2000 the Colombian National Department of Statistics (DANE) adopted a new definition to measure unemployment following standards suggested by the International Labour Organisation (ILO). The change of definition implied a reduction of the unemployment rate of about two percentual points....

Despite of important theoretical and practical criticism, estimations of the Natural Rate of Unemployment for Colombia have been suggested as a base for possible active labor market decitions. This document contributes to this discussion with surveys on the subject in two different but...

Working on data of 1241 incumbent firms of the Colombian manufacturing industry this paper tests the hypothesis proposed in models relating turnover and efficiency wage theory. We find evidence of a substantial number of firms paying wages above the industry average and its effect on turn over...

This document tries to schematize the basic concepts studied in the economic theory to evaluate life conditions of people. We show the different approaches of the old and new welfare economics and we conclude that the economic theory has arrived at a concept of welfare and justice extensively...

En este documento se quiere demostrar que una teoría que pretenda fundamentar la política social que no permita las comparaciones interpersonales es inadecuada. Por esta razón, el punto de partida es una crítica a la economía normativa neoclásica. Esta crítica consiste, en últimas, en...

An exploratory evaluation of the potential impact of the Free Trade Area of the Americas on the Andean Community is performed through a simulation using GTAP. Hosted by Purdue University, GTAP is a multi-region, applied general equilibrium model widely used to analyze global economic issues. The...

This paper examines the theory of civil war and conflict resolution to answer the question, why peace processes fail or move forward? I will look at peace processes in Colombia in the last five years when negotiation started and then broke with the Revolutionary Armed Forces of Colombia –FARC-...

We investigate the inflation rate in Colombia in terms of excess money, excess demand, deviations from PPP, and wage inflation. In contrast to previous results for a group of industrial economias, we find that domestic factors are a far more powerful influence on inflation than are external...

This paper analyzes the main features and historical factors that played a central role for the industrialization process in Colombia during the twentieth century. The document surveys the legislation and policy instruments used in the programs of import substitution industrialization,...