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Early Impacts of College Aid
(CAF, 2015-07-28)
We analyze the impact of an expansion in government-guaranteed credit for higher education in Chile on a sample of elementary and high school students. Using students who had an alternative source of funding as a control ...
Housing Subsidies, Labor Supply and Household Welfare. Experimental Evidence from Argentina
(CAF, 2016-10)
We study the impact of a social housing policy program implemented in Argentina, exploiting the random assignment rule to identify the policy's causal effect on labor market and other socio-economic outcomes. In particular, ...
What do non-renewable natural resource rich countries do with their rents?
(CAF, 2011)
This paper examines three sets of questions related to the use of non-renewable natural resource rents: (1) To what extent countries rich in non-renewable natural resources use such rents to increase present consumption ...
Don’t blame the Messenger. A Field Experiment on Delivery Methods for Increasing Tax Compliance
(CAF, 2015-11)
The effect of different delivery mechanisms for increasing tax compliance has not been evaluated so far. This study conducts a field experiment in Colombia that varies the way the National Tax Agency contacts taxpayers on ...
Economic Shocks and Crime: Evidence from the Crash of Ponzi Schemes
(CAF, 2016-03-14)
In November 2008, Colombian authorities dismantled a network of Ponzi schemes, making hundreds of thousands of investors lose tens of millions of dollars throughout the country. Using original data on the geographical ...
From maize to haze: agricultural shocks and growth of the mexican drug sector
(CAF, 2013)
We examine how commodity price shocks experienced by rural producers affect the drug trade in Mexico. Our analysis exploits exogenous movements in the Mexican maize price stemming from weather conditions in U.S. maize-growing ...
The pharmacological channel revisited: alcohol sales restrictions and crime in Bogotá
(CAF, 2013)
Our goal in this paper is twofold: First, evaluate the impact on crime of the restriction of latenight alcohol sales in Bogotá; and second, quantify the causal effect of problematic alcohol consumption on different crime ...
Can a Mining Windfall Improve Welfare? Evidence from Peru with Municipal Level Data
(CAF, 2012)
In this paper we investigate whether fiscal performance is affected by the presence of natural resource revenues. We compare policy outcomes from mineral-abundant municipalities and non mineral-abundant municipalities in ...
Job training, selection and self discovery
(CAF, 2013)
We randomly assign 1250 unemployed men and women to be invited once or twice to a specific-skills training program offered by a large multinational firm as part of its social responsibility efforts. Individuals with the ...
Banking Services Supply and Micro Firm Performance: Evidence from Colombia
(CAF, 2010)
This paper uses a dataset of a survey of Colombian micro firms from 2003 to 2007 in combination with data from publicly available sources about banking services supply at the municipality level, to assess the impact of the ...