This study identifies how community attributes affect household residential location decisions in Medellin, Colombia. The empirical model applies the revealed preference principle: each household is assumed to have made an optimal location decision given a set of alternatives. Using household...

This paper uses unique information on the 2007 cohort of college graduates from all higher education institutions in Colombia to analyze: i) the probability of finding a job in the formal sector, and ii) the wages of those who find such a job. The findings suggest that there are sizeable...

This paper asks which sub-groups of the population are affected by the payment of a small cash incentive to respond to a telephone survey. We find that an incentive improves response rates primarily amongst those individuals with the longest history of income support receipt. Importantly, these...

Este trabajo propone un marco de trabajo para una política económica regional en Colombia. Se estudian las características regionales y se muestra que las disparidades regionales son significativas y persistentes en el tiempo. Por ello, se hace necesario llevar a cabo una política económica...

This paper explores the relationship between central bank independence and inflation in Latin America, using as a case study the experience of Colombia (1923-2008). Since its creation, in 1923, Colombia´s central bank has undergone several reforms that have changed its objectives and degree of...

This paper proposes a framework for a regional economic policy in Colombia. The regional characteristics and disparities of the country are studied, and regional disparities are shown to be both significant and persistent over time. This calls for a policy initiative to promote the development...