We investigate whether acquiring more education when young has long-term effects on risk-taking behavior in financial markets and whether the effects spill over to spouses and children. There is substantial evidence that more educated people are more likely to invest in the stock market....

The opening is necessary, but not sufficient, it helps provide remedial opportunities for developing countries by providing the means for poor countries to get out of underdevelopment, but on the other hand it makes them incur costs and risks. Our study conducted for the case of Tunisia showed...

The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. While the implications of upward mobility for the political preferences of forward-looking voters have been...

The pace of thermal retrofit of buildings in Germany remains slow. A Worst-First approach, prioritizing the retrofit of inefficient buildings, would address energy- and social policy objectives and deliver economic and climate benefits. Data from the German Socio-Economic Panel (SOEP) show how...

En este documento se discuten los posibles efectos que se podrían generar en la pobreza y ladistribución del ingreso, a partir de una flexibilización de las normas laborales en Colombia.Con base en un análisis de equilibrio parcial para el mercado de trabajo urbano colombiano,se señala que...

Este artículo introduce un modelo de competencia política entre dos partidos políticos que, además de no representar los deseos y las necesidades de los votantes en una economía no-prioritarista, movilizan su masa electoral a través de la compra de votos. Se establece una relación entre...

The interaction between family size and children quality has been a recurring topicin the economics of family. However, there is scarce evidence in Latin America, and the literature has not yet explored new mechanisms to explain either positive or null effects of an additional sibling found by...

Este documento usa las Encuestas de Calidad de Vida de 1997, 2003, 2008 y 2010 para realizar un diagnóstico de la desigualdad en Colombia. Encuentra que aunque ha habido progreso en el tiempo, en niveles absolutos la desigualdad es aún muy alta y lo es también en comparación con la de otros...

This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. component representing measurement error or transitory income shocks and an...

En Colombia el debate acerca de la movilidad social, debido a la carencia de datos, se ha basado principalmente en anécdotas y opiniones. El presente trabajo exhibe una propuesta metodológica, a partir de encuestas con preguntas retrospectivas, que no solo busca aportar información al debate,...