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Education, Signaling and Mismatch
(CAF, 2016-06)
We assess the importance education as a signal of workers skills and the e¤ects of poor signaling quality on labor market outcomes. We do so by merging a frictional labor market model with a signaling setup where there is ...
The Effect of the Kangaroo Mother Care Program (KMC) on Wages: A structural Model
(CAF, 2016-04-14)
In this paper we analyze the relationship between skills and some outcomes later in life for a population of premature children. Pretreatment skills and characteristics are good predictors of childhood and adulthood skills ...
El Fenómeno de los NiNis en América Latina
(CAF, 2016-12-30)
En los últimos años, y en todos los países de la región, se ha ido incrementando la preocupación por la situación de los jóvenes que ni se encuentran insertos en el sistema educativo ni se han integrado al mercado laboral ...
Inequality, Crime, and the Long Run Legacy of Slavery
(CAF, 2016-12-25)
This paper investigates the relationship between economic inequality and crime in Colombian municipalities. Following recent scholarly research that suggests that the legacy of slavery is largely manifest in persistent ...
Internet and Labor Income: Places and Activities in Colombia
(CAF, 2016-12-21)
Despite the literature in the richest countries about the positive correlation between Internet and income, there is still an open question about the utility of this technology the developing world. This paper uses Propensity ...
The impact of lowering the payroll tax on informality in Colombia
(2016)
The Colombian government recently reformed the tax law by reducing payroll contributions from 29.5% to 16% and substituting them with a profit tax. The law was passed in December 2012, and two years later the informality ...