Violence has severe material and psychological consequences. In this article we explore if it also induces hopelessness and pessimistic prospects of upward mobility. For this purpose, we bring together novel data from a sample of individuals residing in violence-torn regions in Colombia,...

Since 2002 the ACCES credit for higher education has financed more than 280,000 students. Prior evaluations have shown evidence as to its positive effect on the academic performance and the reduction in the dropout rates of the recipients. Nevertheless, no evidence exists so far on the effect...

Determinar la relación entre las tasas de cobertura de acueducto y alcantarillado y la calidad del agua con la mortalidad infantil es clave para el diseño de políticas públicas que buscan mejorar las condiciones de vida de la población. El presente estudio encuentra que –para el caso de...

El Panel Municipal del CEDE es una iniciativa del Centro de Estudios sobre Desarrollo Económico, por consolidar en una sola base de datos, información a nivel municipal. Este panel presenta información sobre características generales de los municipios, variables fiscales, de conflicto y...

Este documento presenta un breve recuento de la legislación minera en el país durante su vida republicana, esto es, desde 1829, fecha en que Simón Bolívar expidió el decreto sobre minas o Ley minera, hasta 2001, cuando se expidió el Código de Minas que rige en la actualidad. El objetivo...

Whether public lending to firms effectively eases credit constraints has been widely studied for very small businesses. The evidence documented for larger firms refers to lending that is significantly subsidized and targeted to these businesses, so the estimated positive effects may reflect poor...

Despite a growing body of literature on how environmental degradation can fuel civil war, the reverse effect, namely that of conflict on environmental outcomes, is relatively understudied. From a theoretical point of view this effect is ambiguous, with some forces pointing to pressures for...

Este documento analiza los efectos económicos de la Constitución de 1991 sobre Colombia, en materia de inflación; sostenibilidad de las finanzas públicas; coberturas y calidad de los servicios públicos; pobreza y pobreza extrema; pensiones y vivienda. Los temas se presentan de forma...

In this paper I examine the effects of trade liberalization on firms´ performance and consumers´ welfare. Using product level data, I study firms´ performance in the Colombian automobile industry. Given my disaggregated data I can estimate pre and post-reform price-cost margins, as well as...

Keynes contents in General Theory that the monetary market logic of the aggregate real wage in the monetary production economy conveys: (i) the determination of the average real wage rate, the level of employment, and the possibility of involuntary unemployment through the interaction of the...