Resumen: Algunos cambios recientes en la política agrícola en Colombia se han orientado hacia la implementación de medidas de apoyo directo a los productores, con el fin de proteger su ingreso y fomentar una mayor competitividad del sector. No obstante, estimaciones acerca del impacto...

Abstract: In this paper, an asymmetric DSGE model is built in order to account for asymmetries in business cycles. One of the most important contributions of this work is the construcion of a general utility function which nests loss aversion, risk aversion and habits formation, by means of a...

Low take up of stigma-free social benefits is often blamed on information asymmetries or administrative barriers. There is limited evidence on which of these potential channels is more salient in which contexts. We designed and implemented a randomized controlled trial to assess the extent to...

Abstract: Transfers to women may a?ect their bargaining power within the household and consequently their well-being. We analyze the e?ects of the 2004/2005 pension reform in Argentina, that resulted in an unexpected and substantial increase in permanent income for around 1.8 million women, on...

Abstract: We analyze a monopolist’s pricing and product reliability problem when consumers are entitled to product replacement but have heterogeneous cost of exercising this right, and we assess the implications of a decrease in consumers’ claiming cost on reliability, pro?t, and welfare. We...

Resumen: Este trabajo estudia el efecto que tienen los hitos recientes del conflicto armado en el riesgo país de Colombia. Para este fin se utilizan las permutas de incumplimiento crediticio, más conocidas en el mundo de las finanzas por su nombre y sigla en inglés: Credit Default Swaps, CDS....

Abstract: In this paper, an asymmetric DSGE model is built in order to account for asymmetries in business cycles. One of the most important contributions of this work is the construcion of a general utility function which nests loss aversion, risk aversion and habits formation, by means of a...

This paper presents evidence of the effect of the recent phases of the business cycle in Spain and United States, proxied by their respective unemployment rates, on the labor market of Colombian cities with high migration tradition. These countries are the main destination for labor Colombian...

El diseño del sistema de seguridad social en salud y su efectiva implementación es uno de los mas grandes retos de la sociedad, y a su vez es la principal garantía del goce efectivo del derecho a la salud. Un gran desafío de estos sistemas es la administración del riesgo financiero...