Bogotá, Colombia

In an incomplete markets economy, after asset markets have closed, there typically exist Pareto improving asset reallocations. The question that naturally arises is: how much does a planner need to know if he is to figure out one such asset reallocation? Existing identification results (Kubler…

How far is the US social insurance system from an e±cient system? We answer this question within a model where agents receive idiosyncratic, labor-productivity shocks that are privately observed. When social security and income taxation comprise the social insurance system, the maximum possible…

Abstract:

We study the separation of ownership and control for an average of 140 listed non-financial Corporations in Colombia during the 1996-2002 period. Breaking the sample according to their listing status and economic activity, voting rights are greater than cash flow rights because of the presence…

We are seeking individuals who have a valid disability certificate, hold a technical degree or have completed at least 30% of a professional degree in administrative areas. One year of experience is required in filing tools, schedule management, updating basic databases, administrative processes…

Abstract:

For the evaluation of macroeconomic policies Colombian authorities rely heavily, if not  exclusively, on the operational framework known as the Financial Programming Model developed by the IMF in the 1950s. Based on this static framework, the formulation of fiscal policy in the country,…

Human health is increasingly viewed as central in economic development, both as a measure of development and as an input. Early mortality and excessive morbidity are serious constraints to economic growth. The impact of pollution on human health has recently become a focus of research in…

Abstract:

The document "AIR POLLUTION IN BOGOTÁ, COLOMBIA: A Concentration-Response Approach" was presented on 27 April 2005.

Presentated by Olivier J. Blanchard in Bogotá.