This paper continues my research program on violence and terrorism started 15 years ago. It presents in the first part through empirical exercises, the suitability of The Beveridge and Nelson decomposition of economic time series for pointing out the occurrence of terrorist attacks. It presents...

Abstract The purpose of this paper is to examine the implications of the Uruguay Round Agreements for domestic economic policy in developing countries, particularly those in the Asia Pacific region. Apart from trade liberalization these Agreements have also extended multilateral rules and...

Abstract: I apply the Beveridge-Nelson business cycle decomposition method to the time series of murder in the United States (1900-2004). Separating out “permanent” from “cyclical” murder, I hypothesize that the cyclical part coincides with documented waves of organized crime, internal...

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...

This paper aims to propose a reading of [des] political order in Colombia, using as a theoretical source of Douglass North's reflections on the economic formation of political institutions. The contributions of this letter are very preliminary in nature and can better be understood taking into...

Fundamental research of the coffee economy have shown that regional class alliances were established imprecisely in the territories, usually in the central mountains of Colombia (although not exclusively or only way) and organized by the State being a necessary response to the inevitable need to...

This paper analyzes, through case study, the activity of the Colombian Caribbean entrepreneurs in the inland country during the 19th century. It discusses the business of Amador family, Juan Bautista Mainero and Fergusson Noguera family. The aim is to highlight the importance of studying the...

The paper aims to describe the evolution part of the economy and power to tax in Colombia. It also explains the failure of the government and the problems that have expanded public sector expenditures. Furthermore, we identify the aspects of political economy have influenced the evolution of the...

Overall, this paper presents a white swan that seems to confirm the hypothesis of Alesina / Tabellini / Campante (2008). Fiscal policy in many developing countries is procyclical. Specifically, the former may explain monetary policy failures associated with problems of political agency. And in...