This paper develops a semiotic-inferential model of verbal communication for incomplete information games: a language … common language is used, and an inferential step where the receiver may either trust the message's literal meaning or … equilibria where language is not used in its ordinary sense. The paper also proposes a refinement by which the sender selects …

This paper studies the effects of water sector privatization on consumers' welfare in 46 municipalities in Colombia …

of productive development policies in Colombia. These policies are increasingly designed in the context of formal …

of the wealth distribution in our sample of 0.33 standard deviations (SD) in cognition, 0.29 SD in receptive language and … 0.38 SD in expressive language at 14 months. The socio-economic gap increases substantially with age to 1 SD (cognition …), 0.80 SD (receptive language) and 0.69 SD (expressive language) by 42 months. While the gap persists after controlling …

This paper revisits economic growth in Colombia using a growth diagnostics methodology to identify the most binding …, perhaps the most relevant result is the confirmation that in Colombia, investment decisions are negatively affected by the …