Servicios

Abstract: Desentrañamos empíricamente los efectos de corto y mediano plazo de los movimientos del tipo de cambio sobre la inversión de las empresas no financieras en Colombia entre 2005 y 2019. Encontramos que una depreciación estructural del peso afecta negativamente la inversión a través de un…

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Resumen

Resumen:

Resumen:

Abstract: This paper examines the causal effects of inflation targeting on inflation levels using the synthetic control method. It provides a comprehensive analysis by estimating the impact of inflation targeting on the consumer price index for each country that adopted the policy since its…

Abstract: Esta investigación evalúa la implementación de un programa de crédito-beca para estudiantes económicamente desfavorecidos con bajo desempeño académico sobre variables de resultado de la educación superior. Utilizando un diseño de regresión discontinua con datos de egresados de grado 11…

Abstract: We show that a suitable extension of the neoclassical growth model to include endogenous fertility can account for four robust patterns in international data: (i) population size is strongly positively correlated with effective land; (ii) per capita income is largely uncorrelated with…

Martino Pelli: is an Associate Professor and the Chair of the Department of Economics at the Université de Sherbrooke, a Research Fellow at CIREQ and the Lead Researcher in Sustainable Development at CIRANO. His areas of expertise are Development Economics and Resource and Environmental Economics…

Abstract: This paper examines the effects of African ethnic institutions on economic development in the Americas through the lens of the Colombian Pacific lowlands. We trace the African origins of Afro-Colombians by linking a wealth of ethnographical sources with contemporary micro-level data on…

Abstract: The proliferation of automation, fueled by advancements in artificial intelligence (AI), including Generative AI (GAI), is revolutionizing various sectors by optimizing workflows, enhancing profitability, and minimizing repetitive tasks performed by workers. While this revolution…

Joana Silva: a Senior Economist at the Office of the Chief Economist for Latin America and the Caribbean at the World Bank.

Abstract: Concerns about ownership consolidation and sectoral reallocation resulting from the privatization and trade of water are predominant barriers that inhibit the adoption of water markets. However, systematic empirical evaluation of these processes is lacking.  We study trends in…

Abstract:  This paper examines the effect of female empowerment in media on female labor market outcomes using Latin American telenovelas. Using generative AI, He construct a Female Empowerment Index (FEI) for these TV shows from 1960 to 2024. he show that FEI exposure during the…

Abstract: This paper investigates whether the trade effects of environmental non-tariff measures (NTMs) differ across industries, with a focus on agriculture. We hypothesize that sectoral heterogeneity matters, as agriculture’s distinctive policy framework and trade structure may lead to…

Abstract: Slums are widely viewed as disadvantaged areas characterized by substandard housing and negative neighborhood spillovers that constrain local economic development. Governments typically respond with one of two place-based interventions: (a) in-situ upgrading that improves infrastructure…

Abstract: The resurgence of subsidies and industrial policies has raised concerns about their potential inefficiency and alignment with multilateral principles. Critics warn that such policies may divert resources to less efficient firms and provoke retaliatory measures from other countries,…

Abstract: This paper studies the effects of partial automation (i.e., the creation of technology capable of automating some but not all components of a job). We consider a model where jobs entail a bundle of tasks, workers may trade the output of the requisite tasks at a cost, and workers in a job…

Abstract: The use of markets to reallocate water in arid regions has elicited political criticism for reducing agricultural output and causing negative environmental effects. We develop a general equilibrium model to formalize arguments about how liberalizing water trade creates pecuniary and…

Abstract: We study quantile difference-indifferences (DiD) in panel settings and clarify the relationship between conditional and unconditional quantile DiD estimands. We formalize Conditional Quantile DiD (CQDD) and Unconditional Quantile DiD (UCQDD), show that they coincide without covariates but…

Abstract: Jobs constitute the primary mechanism for poverty reduction globally (Inchauste et al. 2014). In Latin America and the Caribbean (LAC), the 2009–14 period— the last episode of rapid poverty reduction in the region—saw employment creation and earnings growth accounting for approximately…

Abstract: This paper examines the pervasiveness of tax evasion among firms in Indonesia and the characteristics associated with higher levels of noncompliance. Tax evasion is estimated through a randomized, double-list experiment embedded in a nationally representative survey of 2,955 registered…

Abstract: National statistical systems generate the statistics that underpin policy, economic analysis, and public trust. Yet, despite decades of investment in statistical capacity, two persistent challenges, data accessibility and interpretability, limit the impact of these official statistics.…

Abstract: The order of magnitude of the projected damages of anthropogenic climate change largely hinges on whether the impacts of climatic shocks persist over multiple years. Models that assume climatic shocks are only transitory point to modest damages, whereas models that assume climatic…