Following (Almeida, Ardison, Kubudi, Simonsen, & Vicente, 2018) we implement a segmented three factor Nelson-Siegel model for the yield curve using daily observable bond prices and short term interbank rates for Colombia. The flexible estimation for each segment (short, medium, and long)...

We analyze the determinants of subjective returns of higher education in Colombia. The information on expectations has been collected in categories, motivating the use of interval regression and an ordered probit approaches for modeling the relationship between beliefs and measures of ability,...

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...

Abstract This paper makes use of a short, sharp, unexpected health shock in the form of the 2010 Colombian Dengue outbreak to examine the direct and indirect impact of negative health shocks on behaviour of households in affected areas. Our analysis combines data from several sources in order to...

Las actividades ilegales constituyen un foco de atención importante paralas políticas públicas de cualquier sociedad moderna. En Colombia, lasmanifestaciones delictivas se han incrementado hasta alcanzar nivelespreocupantes. En los censos sobre cultivos ilícitos para 2005 y 2006 laONUDD...

We study economic conflicts using a game theoretical approach. We model a conflict between twoagents where each one has two possible strategies: cease-fire or neglect the truce. Under thissetting, we use the concept of pre-donations, namely, a redefinition of the game where agentscommit to...

El trabajo estudia las diferencias en el Índice de Masa Corporal (IMC) por grupos etariosentre los 20 y 60 años teniendo como punto de referencia escalas normativas y relativasmediante el uso de algunos indicadores de pobreza y distribución del ingreso. Se encuentraque la proporción de la...

A diferencia de la generalidad de trabajos sobre la pobreza rural en Colombia, este estudio emplea un enfoque de activos para indagar acerca de los determinantes de la pobreza rural. En particular se examinan la existencia de no convexidades locales en el proceso de generación de ingresos, el...