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Stratification and public utility services in Colombia: subsidies to households or distortions on housing prices?
Domiciliary public utility services in Colombia have a cross subsidy system which charges subsidized rates to the households who live in houses located in strata associated to low wealth levels, and taxed rates to the ...Documentos de Trabajo. 2006-12-05
Borradores de Economía; No. 422
In this paper we analyze the effects of nancial constraints on the exchange rate through the portfolio balance channel. Our contribution is twofold: First, we construct a tractable two-period general equilibrium model in ...Documentos de Trabajo. 2016-03-22
Borradores de Economía; No. 934