Documentos de trabajo (working papers)
Los investigadores pertenecientes a la Escuela de economía y Finanzas publican sus documentos de trabajo. Con la publicación de éstos se pretende apoyar la difusión de investigación económica y financiera de alta calidad realizada dentro de la Escuela de Economía y Finanzas de la Universidad EAFIT. Los documentos se constituyen "en material provisional", se publican con el fin de estimular el debate académico. Están dirigidos a expertos, así, los lectores deben tener conocimiento de la economía y finanzas. Las opiniones y posibles errores son responsabilidad única y exclusiva de los autores y no comprometen a la Escuela de Economía y Finanzas, ni a la Universidad EAFIT.
Todo persona que consulte el material, podrá realizar citas conforme a lo permitido por la ley citando en todo caso las fuentes.
Recent Submissions
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Redistribution Policy and Social Welfare: A View from Macroeconomics
(Universidad EAFIT; Escuela de Economía y Finanzas, 2022-03-09)This paper evaluates the effects of redistribution policies on macroeconomic performance, income distribution and social welfare using three alternative social welfare criteria (Pareto's, Rawls' and a mixed one), and ... -
Impacto del COVID-19 sobre la demanda y oferta de vivienda nueva No VIS en Colombia
(Universidad EAFIT; Escuela de Economía y Finanzas, 2022-03-09)In this paper we examine the impact of COVID-19 on the demand and supply of new No VIS housing in Colombia. Using a model of Seemingly Unrelated Regression, we find that COVID-19, measured through the number of infections, ... -
Análisis sectorial del consumo de la electricidad durante la pandemia – COVID-19: evidencia para los mercados no regulado y regulado en Colombia
(Universidad EAFIT; Escuela de Economía y Finanzas, 2022-03-09)In this investigation, through a model of seemingly unrelated equations, we conduct a sectoral analysis of electricity consumption during the pandemic - COVID-19 for the main sectors that make up the Unregulated and Regulated ... -
Ampliando las opciones en el mercado laboral: el presente y el futuro de la educación vocacional y técnica en Colombia
(Universidad EAFIT; Escuela de Economía y Finanzas, 2022-01-12) -
Mejores colegios en Colombia: efecto de las condiciones socioeconómicas sobre el desempeño escolar
(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?
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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)
(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 ... -
Millennials and the gender wage gap: Do millennial women face a glass ceiling?
(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
(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)
(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
(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 ...
