Utilizando la encuesta de hogares trimestral para las siete principales ciudades de Colombia en el período 1984-2000, se examinó el impacto de choques globales y sectoriales de la actividad económica sobre el desempleo, la ocupación, la participación, los ingresos laborales, horas...

This paper presents a model demonstrating how trust affects the volume of trade in a society. There are two ways in which this happens. First, at minimum, societies need a certain level of trust in order to observe trading activity. Second, once this minimum condition is satisfied, the...

This paper studies whether a government party always prefers to negotiate with another compact party rather than with many different parties in a legislature. We claim that the interaction between ideological polarization and number of parties plays an important role in this decision. We start...

Powerful local elites are quite common in developing countries. Thus, whether decentralization reduces or not the level of corruption in the presence of these elites is a relevant issue for these economies. We motivate this paper with some empirical evidence. Using cross-country information we...

Using a comprehensive data set for Colombian municipalities between 2002 and 2010, in this paper we study the effects of large anti-poverty programs on presidential election outcomes. In particular, we test for two of the main assumptions on voters´ behavior adopted by the political economics...

In this paper, we study how between-group wealth and size heterogeneity affectsuccess probabilities as well as aggregate rent-seeking efforts when two groups compete for the allocation of a pure public good. Unlike with previous models, we measure the utility cost of rent-seeking in terms of the...

Utilizando la encuesta de hogares trimestral para las siete principales ciudades de Colombia en el período 1984-2000, se examinó el impacto de choques globales y sectoriales de la actividad económica sobre el desempleo, la ocupación, la participación, los ingresos laborales, horas...

The literature has come to no agreement about the empirical validity of the so-called weak government hypothesis. According to this hypothesis, political fragmentation should lead to higher government expenditure. With the aim of reconciling the empirical evidence with theory, in this paper we...

En este documento se hace un análisis de la implementación de las Políticas de Desarrollo Productivo (PDP) del gobierno central a nivel regional en Colombia y se estudia en detalle la experiencia de un par de departamentos, uno con una experiencia económica positiva y otro con una...

Several authors have investigated the bounds of the so-called neutrality theorem where public goods are privately provided. Following this line of analysis, I investigate further in this paper the bounds of this result. I concentrate on an unexplored case in the existing literature- namely that...