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ResumenHigh inflation episodes, fiscal dominance, and the prevalence of supply shocks, among other factors, make identifying Phillips curves in emerging economies difficult. In this paper, we assess the measurement of the Xs (slack variables) and Ys (indicators of price increases) of Phillips...
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Resumen: 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...
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Paula María Almonacid Hurtado: es doctora en Ciencias-Estadística en la Universidad Nacional, Magíster en Ciencias Económicas de la Universidad Montreal. Trabaja como Profesora Asistente en el Departamento de Finanzas. Anteriormente, se desempeñó como investigadora en el área de...
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Resumen: 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...
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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...
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Carlos Hernández: es profesor asistente de la facultad de administración de la Universidad de los Andes. Carlos es PhD en economía de la Universidad de California-Los Ángeles y economista de la Universidad de los Andes. Sus intereses de investigación se centran en el sector bancario y transporte....
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Resumen: 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...
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Daniel Ershov: Empirical Industrial Organization economist studying firm competition, consumer decisions, platform policy and regulation in digital markets or markets affected by digitization. His recent research projects involved studying the regulation of advertising and content generation...
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Ao Wang: is an assistant professor in economics and a research associate of the CAGE at the University of Warwick since obtaining a PhD in economics from CREST (Center for Research in Economics and Statistics) in 2020. He holds a Diplôme d’ingénieur from Ecole Polytechnique and ENSAE in France...
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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...
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Abstract: Using a natural experiment from a retail gasoline antitrust case, we study how asymmetric information sharing affects oligopoly pricing. Empirically, price competition softens when, following case settlement, information sharing shifts from symmetric to asymmetric, with one firm losing...
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Abstract: We examine the differential effects of automation on the labor market and educational outcomes of women relative to men over the past four decades. Although women were disproportionately employed in occupations with a high risk of automation in 1980, they were more likely to shift to high...
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Juan Felipe Riaño: is an Applied Microeconomist with research interests spanning the fields of Political Economy, Development Economics, and Economic History. He holds a Bachelor's and Masters' degree in Economics from Universidad de los Andes, and is currently a Ph.D. candidate in Economics...
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Abstract: This paper summarizes the progress that has been achieved to date on a research project that explores the pricing behavior of beef packers in the United States. Of particular interest is the increase in the packer spread—the gap between the prices that packers pay to upstream...
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Abstract: This paper summarizes the progress that has been achieved to date on a research project that explores the pricing behavior of beef packers in the United States. Of particular interest is the increase in the packer spread—the gap between the prices that packers pay to upstream...
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Abstract: Los parques son espacios que brindan servicios esenciales (tales como recreación y protección ambiental) a las áreas urbanas. Además de estos servicios, los parques contribuyen a mejorar la estética de las ciudades. Estudios recientes muestran que existe una alta relación entre los...
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Resumen: Many events and policies (treatments), such as opening of businesses, building of hospitals, and sources of pollution, occur at specific spatial locations, with researchers interested in their effects on nearby individuals or businesses (outcome units). However, the existing treatment...
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Abstract: We estimate the distributional effects of the unprecedented rise in European energy prices over 2021-2023. Using bank account data for a sample of UK households we show that there were significant energy consumption falls, consistent with an average price elasticity of -0.28, with...
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