Servicios
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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…
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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…
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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,…
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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…
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Abstract: This paper analyzes labor earnings dynamics in Colombia using administrative Social Security records for the universe of formal workers from 2009 to 2024. We present stylized facts on earnings dispersion, growth, and volatility following the Global Repository of Income Dynamics framework.…
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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…
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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…
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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…
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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…
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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.…
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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…
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Abstract: This paper examines the sharp decline in fertility across Latin America using both period and cohort measures. Combining Vital Statistics, Census microdata, and UN population data, we decompose changes in fertility by age, education, and joint age–education groups. We show that the…
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Abstract: How do extreme climate shocks reshape the structure of cities? This paper argues that extreme shocks alter urban form by changing the relative attractiveness of locations within metropolitan areas. Using high-resolution satellite imagery and a grid-level panel for Ecuador, Peru, and…
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Abstract: This paper studies the characteristics of large formal firms that violate workplace regulations and analyzes how regulatory enforcement affects firms and workers. A stylized model in which monopsonistic firms set both wages and working conditions shows that labor market power can lead to…
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Abstract: Good measures of labor market tightness are essential to predict wage inflation and to calibrate monetary policy. This paper highlights the importance of two measures of labor market tightness in determining wage growth: the quits rate and vacancies per effective searcher (V/ES)—where…
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Abstract: This paper examines why informality remains widespread in Mexico and Colombia, where roughly half of workers lack formal employment benefits. Using four discrete choice experiments with nationally representative samples of full-time workers (N≈7,650), we estimate workers’ valuations of…
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Abstract: The high level of informality and the low level of savings observed in developing countries are fundamentally linked because informal workers have limited access to formal financial institutions. We study this link by developing and estimating a labor market model where workers can be…
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Nota: Por un error, se compartieron previamente la información y el enlace correspondientes a este seminario. Sin embargo, debido a que estamos en semana de silencio se trata de un evento de carácter cerrado y no se transmite.Lamentamos los inconvenientes.
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Felipe Alves: Economista Senior, Banco de Canadá
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Resumen
Low and stable inflation requires an appropriate fiscal framework aimed at stabilizing government debt. Historically, trend inflation is critically influenced by actual or perceived changes to this framework, while cost-push shocks only account for short-lasting movements in inflation.…
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Presentación del libro Central Bank Independence and Inflation: Lessons from Latin America, a cargo de su autor, el Dr. Luis I. Jácome (Profesor de la U. de Georgetwon). Palabras de apertura del Gerente General, Leonardo Villar.
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Abstract: El libro “El Laberinto Fiscal de Colombia” analiza las causas del deterioro de las finanzas públicas en los últimos años. Muestra cómo las crecientes rigideces del gasto y el débil desempeño tributario han llevado al uso de estrategias insostenibles, como la sobreestimación de los…
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Abstract: Este documento analiza la aparente contradicción entre dos fuentes del mercado laboral colombiano: la GEIH, que reporta una reducción sostenida de la tasa de informalidad -bajo la definición OIT/Grupo de Delhi que el DANE publica oficialmente- entre 2021 y 2026, y los registros de la PILA…
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Resumen:
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