• Mejores colegios en Colombia: efecto de las condiciones socioeconómicas sobre el desempeño escolar 

  Arenas Alzate, Alejandro (Universidad EAFIT; Escuela de Economía y Finanzas, 2021-05-14)

  This paper presents evidence on the effects of using socioeconomic status (SES) adjusted test scores on schools ranking. Adjusted scores are estimated from the residuals of a linear regression model using data from the ...

• Could the Colombian economy grow faster? How it would be possible? 

  Posada Posada, Carlos Esteban (Universidad EAFIT; Escuela de Economía y Finanzas, 2021-10-17)

  This paper presents an economic growth model based on the positive externalities generated by the accumulations of physical and human capital. Such externalities imply, at the macroeconomic level, increasing returns to ...

• The Evolution of Citizen Security in Colombia in Times of COVID-19 

  Alvarado, Nathalie; Norza, Ervyn; Perez-Vincent, Santiago M.; Tobón Zapata, Santiago; Vanegas-Arias, Martín (EAFIT University - Inter-American Development Bank; Escuela de Economía y Finanzas, 2021-10-20)

  This technical note examines the impact of the COVID-19 pandemic on crime and law enforcement dynamics in Colombia. The analysis uses administrative data on police reports and arrests for different types of offenses. It ...

• Determining the banking solvency risk in times of COVID-19 through Gram-Charlier expansions 

  Rendón, Juan F.; Cortés, Lina M.; Perote, Javier (Universidad EAFIT; Escuela de Economía y Finanzas, 2021-09-20)

  This paper proposes risk measures for bank solvency by accurately measuring the solvency risk components. These measures consider the minimum regulatory solvency levels and banks’ risk appetite level and risk profile. For ...

• Broken windows policing and crime: Evidence from 80 Colombian cities 

  Mejía, Daniel; Norza, Ervyn; Tobón Zapata, Santiago; Vanegas-Arias, Martín (Universidad EAFIT; Escuela de Economía y Finanzas, 2021-09-01)

  We study the effects of broken windows policing on crime using geo-located crime and arrest reports for 80 Colombian cities. Broadly defined, broken windows policing consists of intensifying arrests—sometimes for minor ...

• Criminal capital persistence: Evidence from 90,000 inmates’ releases 

  Escobar Bernal, Maria Antonia; Tobón Zapata, Santiago; Vanegas Arias, Martín (Universidad EAFIT; Escuela de Economía y Finanzas, 2021-06-22)

  We study persistence in criminal capital by looking at the effects of inmates’ releaseson crime around prisons in Colombia. Leveraging detailed geographic and temporal information on the universe of releases from all prisons ...

• Sectoral real exchange rates and manufacturing exports: A case study of Latin America 

  Goda, Thomas; Torres García, Alejandro; Larrahondo Dominguez, Cristhian David (Universidad EAFIT; Escuela de Economía y Finanzas, 2021-08-12)

  Standard theory considers the real exchange rate (RER) as an export determinant. A common limitation of cross-country evidence is the use of effective (REER) or bilateral (BRER) RER indices, both of which have the same ...

• The Incidence of Land Use Regulations 

  Acosta Mejía, Camilo Andrés (Universidad EAFIT; Escuela de Economía y Finanzas, 2021-04-14)

  I study the welfare consequences of land use regulations for low- and high-skilled workers within a city. I use detailed geographic data for Cook County and Chicago in 2015-2016, together with a spatial quantitative ...

• Caída y convergencia mundial de las tasas de inflación 

  Posada Posada, Carlos Esteban; Gómez, Wilman; Rhenals, Remberto (Universidad EAFIT; Escuela de Economía y Finanzas, 2021-03-19)

  The trend observed since 1998 towards global disinflation and for national inflation rates to stabilize at low levels is due to the behavior of inflation in the United States according to the econometric exercises reported ...

• Principales barreras para la Generación Distribuida: Evidencia a partir de una revisión de literatura 

  Garcia Rendón, John Jairo; Giraldo Estrada, Valentina; Montoya Posada, Sara (Universidad EAFIT; Escuela de Economía y Finanzas, 2020-01-20)

  This paper through a literature review examines the main barriers to the adoption of distributed generation (DG).We group these barriers into three levels: i) the institutional and regulatory, where the main barrier is the ...

• Fuentes de Energía Renovable, Recursos Energéticos Distribuidos y Almacenamiento en Colombia: una revisión de la normatividad 

  Garcia Rendón, John Jairo; Gutiérrez Gómez, Alejandro (Universidad EAFIT; Escuela de Economía y Finanzas, 2020-01-18)

  This paper presents the regulations on non-conventional energy resources, distributed energy resources and electricity energy storage in Colombia. Law 1715 of 2014 is the great driving force behind the development of the ...

• Cambio técnico y política económica: la teoría y el caso colombiano (1950 - 2019) 

  Posada Posada, Carlos Esteban (Universidad EAFIT; Escuela de Economía y Finanzas, 2020-11-12)

  The right policy to economic growth is based on the theory of a decentralized (market) society whose productive activity expands in the long term amid ups and downs thanks to technical change and the emergence, time and ...

• Gobierno criminal en Medellín: panorama general del fenómeno y evidencia empírica sobre cómo enfrentarlo 

  Blattman, Christopher; Duncan, Gustavo; Lessing, Benjamin; Tobón, Santiago; Mesa-Mejía, Juan Pablo (2020-10-21)

  En muchas ciudades del mundo, los grupos de crimen organizado representan una amenaza creciente para la paz y el desarrollo. Estos gru- pos generan altos niveles de violencia, operan economías ilegales y corrompen diferentes ...

• Millennials and the gender wage gap: Do millennial women face a glass ceiling? 

  Garcia Cruz, Gustavo Adolfo; Gonzales Miranda, Diego René; Gallo, Oscar; Roman Calderon, Juan Pablo (Universidad EAFIT; Escuela de Economía y Finanzas, 2020-09-10)

  This study aims to measure the gender wage gap among millennial workers in Colombia and determine if there is a marked wage difference between millennial women and men. Further, this study analyzes whether millennial women ...

• The Unintended Consequences of the U.S. Adversarial Model in Latin American Crime 

  Zorro Medina, Angela; Acosta, Camilo; Mejía, Daniel (Universidad EAFIT; Escuela de Economía y Finanzas, 2020-09-10)

  During the 1990s, Latin America experienced a criminal procedural revolution (LACPR) when approximately 70% of its countries abandoned their inquisitorial system and adopted the U.S. adversarial model. Following the LACPR, ...

• Crecimiento y ciclos de la economía colombiana (2005 – 2019) 

  Posada Posada, Carlos Esteban (Universidad EAFIT; Escuela de Economía y Finanzas, 2020-07-24)

  In 2005-19 Colombian economic growth was outstanding at the international level: GDP per worker increased 2.07% per year, equivalent to 36% in those 15 years. This was possible because total factor productivity (TFP) ...

• The impact of effective corporate tax rates on investment 

  Ballesteros, Sebastián; Goda, Thomas (Universidad EAFIT; Escuela de Economía y Finanzas, 2020-06-25)

  There exists an intense debate about the effects of corporate tax cuts on the formation of private capital in the real sector. This paper studies the investment impact of the effective fiscal burden of firms during the ...

• Modeling electricity price and quantity uncertainty: An application for hedging with forward contracts 

  Trespalacios, Alfredo; Cortés, Lina; Perote, Javier (Universidad EAFIT; Escuela de Economía y Finanzas, 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 

  Cortés, Lina; Lozada, Juan; Perote, Javier (Universidad EAFIT; Escuela de Economía y Finanzas, 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 ...

• An Estimate of Unidentified and Total U.S. Coronavirus Cases by State on April 21, 2020 

  Breton, Theodore (Universidad EAFIT; Escuela de Economía y Finanzas, 2020-04-23)

  I use data on cumulative tests, positive tests, and deaths for the coronavirus in South Korea and the U.S. lower-48 states during April 2020 to estimate the extent of infection and the unidentified share of the infected ...

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