Envíos recientes

  • Killing social leaders for territorial control : The unintended consequences of peace 

    Prem, Mounu; Rivera, Andrés F.; Romero, Dario A.; Vargas, Juan F.
    We study the unintended consequences of the recent peace process in Colombia, that ended over five decades of internal armed conflict with the FARC insurgency. Using a triple differences empirical strategy, we show that ...
     Documento de trabajo. 2018
  • The Privatization Origins of Political Corporations 

    González, Felipe; Prem, Mounu; Urzúa I., Francisco
    We show how the sale of state owned firms in dictatorships may lead to the creation of political corporations operating in democracies. Using several novel datasets, we characterize the privatizations of the Pinochet regime ...
     Documento de trabajo. 2018
  • Blessing a Curse? Institutional Reform and Resource Booms in Colombia 

    Gallego, Jorge A.; Maldonado, Stanislao; Trujillo, Lorena
    Is it possible to revert the resource curse through institutional reform? Evidence suggests that there is a negative relationship between abundance of natural resources and economic growth, political stability, democracy, ...
     Documento de trabajo. 2018
  • Investment and Market Structure in Common Agency Games 

    Roig, Guillem
    I study the incentives of a common buyer to undertake cooperative investment with a group of suppliers providing a homogeneous input. In my model, investment is not directed to increase the gains from trade but to enhance ...
     Documento de trabajo. 2018
  • A Theory of Armed Clientelism 

    Gallego, Jorge A.
    Armed clientelism is a particular form of patronage in which politicians and non-state armed groups establish a symbiotic relationship where the former provides economic resources, judicial protection, or other benefits, ...
     Documento de trabajo. 2018
  • The Value of Political Capital : Dictatorship Collaborators as Business Elites 

    González, Felipe; Prem, Mounu
    What is the value of political capital for individuals? Towards the end of the Pinochet dictatorship in Chile, military and civilian collaborators entered the business elite, controlling the largest and most important firms ...
     Documento de trabajo. 2018
  • Losing Your Dictator : Firms During Political Transition 

    González, Felipe; Prem, Mounu
    Can firms transfer distortions across political regimes? To answer this question, we use a novel dataset and a network analysis to study firms during Chile's transition to democracy. We find that firms with links to the ...
     Documento de trabajo. 2017
  • Does the market model provide a good counterfactual for event studies in finance? 

    Castro, Carlos
    Proporcionamos un marco de referencia que relaciona los métodos de estimación tradicionales de estudios de eventos en finanzas con una aproximación moderna a los estudios de eventos causales. Esta familia de estimadores ...
     Documento de trabajo. 2017
  • Bilateral Investment in a Delegated Common Agency 

    Roig, Guillem
    I study a bilateral investment game where a buyer privately trades with several suppliers who compete by offering menus of non-exclusive contracts. When market trading is structured so that competition among suppliers is ...
     Documento de trabajo. 2017
  • Overlapping Networks of Credit and Control 

    Buchuk, David; Larrain, Borja; Prem, Mounu; Urzua I., Francisco
    Business groups are networks of firms connected by ownership links. We study the reaction of these networks to the 2008-9 crisis using a unique dataset of Chilean intra-group loans. Internal credit increases swiftly during ...
     Documento de trabajo. 2017
  • Clientelism: Concepts, Agents, and Solutions 

    Gallego, Jorge A.; Wantchekon, Leonard
    En este capítulo discutimos algunos de los temas más importantes relacionados con la literatura en clientelismo político. Luego de definir algunos de los conceptos básicos asociados con este tema, defendemos la afirmación ...
     Documento de trabajo. 2017
  • Tweeting for Peace : Experimental Evidence from the 2016 Colombian Plebiscite 

    Gallego, Jorge A.; Martínez, Juan D.; Munger, Kevin; Vásquez, Mateo
    El extenso conflicto armado colombiano prácticamente llegó a su fin con el el plebiscito por la paz de 2016, que en últimas fue derrotado en una votación reñida. Este conflicto ha dividido profundamente a la sociedad ...
     Documento de trabajo. 2017
  • How do risk attitudes affect pro-social behavior? Theory and experiment 

    Fahle, Sean; Sautua, Santiago-Ignacio
    We explore how risk preferences affect pro-social behavior in risky environments. We analyze a modified dictator game in which the dictator could, by reducing her own sure payoff, increase the odds that an unknown recipient ...
     Documento de trabajo. 2017
  • Product Compatibility as an Strategy to Hinder Entry Deterrence 

    Roig, Guillem
    In many markets, firms produce and sell complementary components that form a product system. This paper studies the effects of compatibility in product advertisement and entry decisions in a differentiated product market. ...
     Documento de trabajo. 2017
  • Análisis empírico de los efectos económicos de la colusión: lecciones para Colombia 

    Florez-Acosta, Jorge; Gómez Portilla, Karoll
    En este artículo se revisa uno de los casos más recientes sancionados por la Superintendencia de Industria y Comercio en Colombia: el caso del mercado de pañales desechables para bebé, para a la luz de los métodos y modelos ...
     Documento de trabajo. 2017
  • Can Television Bring Down a Dictator? Evidence from Chile's “No” Campaign 

    González, Felipe; Prem, Mounu
    Can televised political advertising change voting behavior in elections held in authoritarian regimes? We study the case of Chile, where the opposition used television campaigns weeks before the election that ended the ...
     Documento de trabajo. 2017
  • Determinantes de productividad de jóvenes investigadores: estudio de caso Facultad de Economía Universidad del Rosario 

    Jaramillo-Salazar, Hernán; Peláez Sierra, Sergio; Lucio-Arias, Diana
    En este artículo se presentará un análisis de los determinantes de productividad académica y de trayectorias profesionales basado en datos de las hojas de vida y de la aplicación de una encuesta integral a los participantes ...
     Documento de trabajo. 2017
  • Early diagnosis of chronic conditions and lifestyle modification 

    Rodriguez Lesmes, Paul Andres
    Este estudio estima el impacto potencial sobre uso de medicamentos, percepciones de salud y estilo de vida, de los programas de diagnóstico temprano. Para controlar por sesgo de selección relativo a los chequeos médicos, ...
     Documento de trabajo. 2017
  • Young Innovative Firms, Investment-Cash Flow Sensitivities and Technological Misallocation 

    Valencia-Arana, Oscar M.; Gomez-Gonzalez, Jose Eduardo; Garcia-Suaza, Andres
    Can technological misallocation generate financial frictions? We build a theoretical model with testable implications, in which the misallocation between R&D and production activities generates borrowing constraints. The ...
     Documento de trabajo. 2017
  • Duopolistic competition in markets where consumers have switching costs 

    Roig, Guillem
    In a dynamic competition model where firms initially share half of the market and consumers have switching costs, consumers’ sophistication, lifespan and concentration impact the possibility to set collusive prices. I first ...
     Documento de trabajo. 2017

Más

 

Reconocimientos: