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Colombia. It examines changes in the labor supply from on-farm to off-farm labor as a means of coping with the violent shock … decrease in consumption. The results suggest that in rural Colombia, labor markets are a limited alternative for coping with …
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This paper uses a natural policy experiment to estimate how changes in the costs of engaging in criminal activity may influence adolescents’ decisions in crime participation and school attendance. The study finds that, after an exogenous decrease in the severity of judicial punishment imposed...
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