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....

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...

The purpose of this document is to present a survey of the main theoretical frameworks that deal with the subject of labour discrimination, along with a pedagogical description of the different . A particular chapter is devoted to present the consequences of discrimination for youth of some...

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...

We study the separation of ownership and control for an average of 140 listed non-financial Corporations in Colombia during the 1996-2002 period. Breaking the sample according to their listing status and economic activity, voting rights are greater than cash flow rights because of the presence...

This paper describes the core features of the power sector 1994 regulatory reform and evaluates utility performance and efficiency before and after the reform. The performance analysis assesses the changes in means and medians of a series of profitability, efficiency, investment, sales of the...

We asess evolution in perfomance, efficiency and productivity of Colombia's power distribution utilitiesbefore and after the 1994 regulatory reform that introduced electricity market activities for the power sector in 12 distribution companies from 1985 to 2001. Perfomance is evaluated...

En este documento se lleva a cabo el mismo experimento realizado por Harbaugh et al. (2001) usando como sujetos en el experimento a estudiantes de economía, ciencias políticas y medicina, quienes tienen una fuerte, mediana y nula formación en economía. El objetivo es encontrar violaciones al...