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An estimate of Total Factorial Productivity in Colombia at the level of departments and industrial divisions
(Universidad EAFIT, 2020-03-11)
In this paper, we estimate the Total Factor Productivity (TFP) for 11 departments and 20 industrial divisions in Colombia during the period 2012-2016. To this end, we employ a semiparametric method proposed by Levinsohn ...
Decent work and healthy employment: a qualitative case study about Colombian millennials
(Universidad EAFIT, 2020-04-04)
The purpose of this paper is to show how a group of Colombian millennials perceive different aspects of working life and how their ideas about job satisfaction, professional expectations, and levels of autonomy are related ...
Modeling electricity price and quantity uncertainty: An application for hedging with forward contracts
(Universidad EAFIT, 2020-06-08)
Energy purchases/sales in liberalized markets are subject to price and quantity uncertainty, which should be jointly modeled by relaxing the unreliable normality assumption for capturing risk. In this paper, we consider ...
Firm size and economic concentration: An analysis from lognormal expansion
(Universidad EAFIT, 2020-06-08)
This paper proposes a semi-nonparametric (SNP) generalization of the lognormal distribution for studying firm size and providing accurate measures for economic concentration and inequality in terms of the Gini index adjusted ...
The Stock Market Reaction to Mergers and Acquisitions: Evidence from the Banking Industry
(Universidad EAFIT, 2020-02-19)
Mergers and acquisitions (M&As) are mainly a mechanism used in the Latin American banking industry to carry out business consolidation. This paper focuses on the effect of M&A announcements on stocks of Latin American banks ...
Unconventional Monetary Policy and Inflation in the U.S.: How Much Inflation was Missing?
(Universidad EAFIT, 2020-03-12)
The U.S. inflation rate for the period 2008-2016 was abnormally low despite the execution of a high expansive monetary policy, which has been called “the missing inflation paradox”. In this paper we estimate the missing ...
Do better prisons reduce recidivism? Evidence from a prison construction program
(Universidad EAFIT, 2020-02-26)
From the US to Colombia, from India to Uganda, many inmates suffer from underprovision of services such as surveillance or rehabilitation in overcrowded prisons. Yet, we know little about how prison quality affects long-term ...
The Deterrent Effect of Surveillance Cameras on Crime
(Universidad EAFIT, 2020-03-20)
From the US to Colombia to China, millions of public surveillance cameras are at the core of crime prevention strategies. Yet, we know little about the effects of surveillance cameras on criminal behavior, especially in ...
