-run output equation with a coefficient equal to the share of capital (α). The long-run theory is tested using quarterly data on … results support the long-run theory. The existence of long-run relations between real output, foreign output and real oil … steadily over the past three decades, the theory suggests that the effect of oil income on the economy's steady state growth …

output equation with a coefficient equal to the share of capital. The long run theory is tested using a new quarterly data … long run relations: an output equation as predicted by the theory and a standard real money demand equation with inflation …

The objective of this paper is to analyse the existence or not of a wage curve in Colombia, paying special attention to …

We examine the channels through which a randomized early childhood intervention in Colombia led to significant gains in …

The presence of cross-sectionally correlated error terms invalidates much inferential theory of panel data models … cointegration properties of the unobserved factors. This finding is further supported for small samples via an extensive Monte Carlo …