The countries of the Caribbean Basin have a tradition in coffee production since the grain entered America through this area in the 18th century. Although the region lost importance in the international coffee market in the 20th century, the crop maintains its significance in…
Cartagena, Colombia
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The objective of this study is to describe the main fiscal indicators of Barranquilla during the period 2000–2021, as well as explore the possible factors that could be behind the observed behavior. We compare the evolution of the main fiscal variables of the district with…
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Colombia experienced one of the fastest declines in fertility in the world: children per woman fell from 7 in 1960 to 3 in 1985. Despite the country's significant inequalities, the regional aspect of this decline has been overlooked in previous research. This…
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Local labor markets in Colombia are exceptionally heterogeneous. In particular, the cities of the Caribbean region have higher labor informality and lower unemployment rates, compared to the rest of the country. This work is part of a research agenda on local labor markets in Colombia…
- Publicación |Profundizar en los artistas, las técnicas y/o las influencias internas o externas en su creación ayudarían a entender la historia del arte de la ciudad. Esto podría contribuir a desarrollar la oferta cultural que la ciudad necesita para que los museos, y la actividad…
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A vast amount of literature in Colombia has studied differentials in working conditions and income inequalities. Empirical results have shown that inequalities in the country have been persistent. Disparities in the health conditions of individuals have received less attention in a…
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Inequality in access to high-quality education can hinder the ability of education to promote intergenerational mobility. Looking at the case of Colombia, one of the most unequal and least mobile countries in Latin America, we evaluate whether contemporary differences in access to…
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A vast amount of literature in Colombia has studied differentials in working conditions and income inequalities. Empirical results have shown that inequalities in the country have been persistent. Disparities in the health conditions of individuals have received less attention in a…
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I must begin by saying something that you know very well. The policy interest rate of Banco de la República (the Central Bank of Colombia) has drastically increased over the past year and a half, completing an increase of 11 pp since the beginning of the current cycle of increases in September…
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Using a novel database of historical series of revenues and expenses of different levels of government between 1923 and 2020, in this paper we describe the evolution of the vertical and horizontal imbalances between central government, states, and municipalities in Colombia. The analysis…
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One explanation for the increasing number of hectares with coca cultivation is that eradication strategies displace coca crops but fail to completely clear affected areas. In the drug policy literature, that dynamic shifting is commonly known as the balloon effect. This study…
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We study the impact of natural resource royalties on educational outcomes in Colombia. We analyze a reform enacted in 2012 that made the distribution of these royalties more equitable. Before the reform, most royalties were assigned to the regions where the natural resources…
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According to the World Migration Report 2020, the number of international migrants increased from 84 million in 1970 to 272 million in 2019, accounting for 3.5% of the world’s population. This paper investigates the aggregated effect of emigration on the tax revenue of sending…
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We study the labor market effects of the Venezuelan migration shock on female labor market outcomes in Colombia using a Bartik-instrument approach.For our identification strategy we leverage regional variation from pull factors and time variation from push factors. Our findings show…
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Emerging and Frontier Markets: Capital Flows, Resiliency, Risks, and Growth - Supported by the National Bureau of Economic Research (NBER), the Latin American Reserve Fund (FLAR), and Banco de la República (The Central Bank of Colombia)
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Emerging and Frontier Markets: Capital Flows, Resiliency, Risks, and Growth - Supported by the National Bureau of Economic Research (NBER), the Latin American Reserve Fund (FLAR), and Banco de la República (The Central Bank of Colombia)
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Presentación realizada en el Banco de la República, Sucursal Cartagena.
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Presented at CVII Meeting of Central Bank Governors of CEMLA; Board of Governors and Assembly Meetings.
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