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, labor formality, and growth of a reduction in non-wage labor costs in Colombia. First, and following Hall and Jorgensen … model calibrated for Colombia, we estimate that the reduction of the "pure tax" component of non-wage labor costs approved …
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of productive development policies in Colombia. These policies are increasingly designed in the context of formal …
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crawling peg exchange rate regimes, Colombia adopted a full-fledged inflation-targeting (IT) regime in 1999, with inflation as …
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In this paper we use Colombian manufacturing data on exports and external financing for the period 1998 - 2006 to estimate the credit elasticity of exports. We use bank-firm linked data to construct a supply side instrument for a manufacturer's demand of credit, which we use to address the...
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