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Local externalities in labor markets: congestion and information flow among peers
(CAF, 2020-12-16)
We explore local externalities in labor markets, exploiting the random assignment of a large-scale internship program in Argentina. Examining the probability of registered employment in the 12 months after the program, we ...
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 ...
Benefits to Elite Schools and the Expected Returns to Education: Evidence from Mexico City
(CAF, 2017-03-10)
We exploit data on the future earnings students at high school completion expect to receive with and without a college education, together with information on learning achievement and college outcomes, to study the benefits ...
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 ...