Resumen: La literatura sobre la calidad de la educación ha prestado poca atención al papel que tienen las bibliotecas públicas dentro de los determinantes del desempeño educativo.Las bibliotecas públicas son activos externos al colegio y al hogar del estudiante, pero hacen parte del entorno...

This paper develops a simple model to investigate how resource-driven economic booms shape the equilibrium political institutions of resource-rich societies and in uence the likelihood of experiencing civil war. In our model a strong government apparatus favors property rights protection but...

Resumen: En este trabajo se construye un modelo de Equilibrio General Dinámico Estocástico (DSGE por su siglas en inglés) con sector informal y rigideces en precios, usando como marco de análisis la teoría de búsqueda y emparejamiento del mercado de trabajo. El objetivo principal es...

Abstract: We investigate whether and how the type of unemployment benefit institution affects productivity. We designed a eld experiment to compare workers' productivity under a welfare system, where the unemployed receive an unconditional monetary transfer, with their productivity under a...

We study a particular restitution problem where there is an indivisible good (land or property) over which two agents have rights: the dispossessed agent and the owner. A third party, possibly the government, seeks to resolve the situation by assigning rights to one and compensate theother....

We consider two-sided many-to-many matching markets in which each worker may work for multiple firms and each firm may hire multiple workers. We study individual and group manipulations in centralized markets that employ (pairwise) stable mechanisms and that require participants to submit rank...

ABSTRACT: When allocating a resource, geographical and infrastructural constraints have to be taken into account. We study the problem of distributing a resource through a network from sources endowed with the resource to citizens with claims. A link between a source and an agent depicts the...

Resumen: Este documento hace un diagnostico multidimensional de las brechas regionales que existen en Colombia a nivel departamental y de su persistencia en el tiempo. Así mismo se estudian las causas de la inequidad regional. La evidencia presentada sugiere que las diferencias institucionales...

Abstract: We analyze the optimal provision of information in a procurement auction with horizontally differentiated goods. The buyer has private information about her preferred location on the product space and has access to a costless communication device. A seller who pays the entry cost may...

Abstract: We study the effect of UI benefits in a typical developing country where the informal sector is sizeable and persistent. In a partial equilibrium environment, ruling out the macroeconomic consequences of UI benefits, we characterize the stationary equilibrium of an economy where...