Ramírez, Carlos Andrés Pérez; Arbeláez, Fabio … - In: Lecturas de Economía (2007) 66, pp. 119-146
This paper estimates people’s valuation for the sensation of physical well- being directly associated with the weather. In order to accomplish this, it identifies, using an estimation of a hedonic wage model, the wage differentials between thirteen of the largest and most important Colombian...