Documentos de Trabajo de Valor Público

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14253: Do news improve liquidity through improved information or visibility? Evidence from Emerging Markets

Diego Agudelo, Lina Cortés and Mateo Vasco

14252: Volatility transmission between US and Latin American Stock Markets: testing the decoupling hypothesis

Diego Agudelo, Marcela Guti�rrez and Laura Cardona

14250: A contribution of Bayesian approach to experimental economics

Alvaro Hurtado Rendón

14082: The weighted average cost of capital over the lifecycle of the firm: is the overinvestment problem of mature firms intensified by a higher WACC?

Carlos S. García, Jimmy Saravia and David Yepes

14081: Financial Education Programs in Colombia: Challenges in Assessing their Effectiveness

Diego A. Restrepo Tobón, Pilar B. �lvarez Franco and Melisa Mu�oz Murillo

13680: Veinte anos de funcionamiento del Mercado Eléctrico Mayorista en Colombia: algunas reflexiones

John García, Gustavo L�pez �lvarez, Fredy Mar�n and Jhonny Moncada

13679: Determining the Optimal Selling Time of Cattle: A Stochastic Dynamic Programming Approach

Susana Mejía and Andr�s Ram�rez Hassan

13678: Welfare gains of the poor: An endogenous Bayesian approach with spatial random effects

Andrés Ramírez Hassan and Santiago Montoya Bland�n

13514: Intellectual property rights, foreign direct investment and the shadow economy

Antonio Saravia, Gustavo Canavire-Bacarreza and Fernando Rios-Avila

13481: Intrahousehold Time Allocation: An Impact Evaluation of Conditional Cash Transfer Programs

Gustavo Canavire-Bacarreza and Monica Ospina

13332: Evidence that Capital Formation is Over-Estimated in ICP 2011

Theodore Breton

13314: Precios y desempeno regulatorio en el pool eléctrico espanol

John García and Jhonny Moncada Mesa

13313: Impacto de la regulación en la eficiencia asignativa del mercado spot eléctrico colombiano

John García, Santiago Arango Tamayo and Andr�s F. Ortiz Rico

13312: Efectos espaciales en la formación de precios en mercados minoristas de Gas Natural Vehicular

John García, Carlos Mauricio Montenegro and Hermilson Vel�squez

13311: Validación de un instrumento de medición de ambiente escolar para docentes Colombianos

Juan Pablo Román Calderón, Monica Ospina and Jos� David Garc�s Ceballos

12748: Civil Conflict and Antipoverty Programmes: Effects on Demobilisation

Paola Pena, Joaquin Urrego and Juan Villa

12664: Game, set, and match: Do women and men perform differently in competitive situations?

Michael Jetter and Jay Walker

12663: Class or location? What explains the rising tide of absolute global income inequality during 1850-2010?

Thomas Goda and Alejandro Torres-García

12662: On the Determinants of Changes in Wage Inequality in Bolivia

Gustavo Canavire-Bacarreza and Fernando Rios-Avila

12626: Does financial development promotes innovation in developing economies? An Empirical Analysis

Maria Aristizabal‐Ramirez, Maria Botero?Franco and Gustavo Canavire?Bacarreza

12582: Estimación del precio marginal del sistema eléctrico colombiano: una mirada desde la organización industrial

Ona Duarte Venslauskas and John J. Garc�a

12581: Impuesto Diferido bajo NIIF: Impacto en empresas intensivas en propiedades, planta y equipos

Raul Cardona Montoya, Marisol Gil Henao and Jhon W. Ochoa Fl�rez

12580: APT - evidencia empírica en el análisis del ROA en una empresa de servicios públicos domiciliarios de acueducto y alcantarillado

Raul Cardona Montoya, Ermilson Vel�squez Ceballos, Tatiana M. Vidal Guti�rrez and Ra�l A. Escobar Orrego

12579: Los fondos de capital privado como una propuesta innovadora para la financiación del sector agropecuario. Caso: Estructuración para el cultivo de aguacate hass

Raul Cardona Montoya, Carolina Huertas Garc�s, Carolina Santa Giraldo and Edwin Andr�s Jim�nez Echeverri

12578: Efectos del cargo por confiabilidad sobre el precio spot de la energía eléctrica en Colombia

Juan Pablo Botero, John J. Garc�a and Ermilson Vel�squez

12545: Good girl, bad boy: Corrupt behavior in professional tennis

Michael Jetter and Jay Walker

12544: Homer: A Forerunner of Neoclassical Economics

Carlos Posada

12543: Causas del desarrollo y mecánica del crecimiento

Carlos Posada

12542: Decisions about Postsecondary Education, their returns in Colombia

Fabiola Saavedra Caballero and Monica Ospina

12454: Changes in the Effect of Capital and TFP on Output in Penn World Tables 7 and 8: Improvement or Error?

Theodore Breton

12453: Effects of Mergers and Acquisitions on Shareholder Wealth: Event Study for Latin American Airlines

Lina Cortés, John J. Garc�a and David Agudelo

12452: Determinants of internal versus external R&D offshoring: Evidence from Spanish firms

Mery Patricia Tamayo and Elena Huergo

12451: The problem of causality in corporate governance research: The case of governance indexes and firm valuation

Jimmy Saravia and Silvia Saravia-Matus

12436: The External Effect of Urban Schooling Attainment on Workers’ Incomes in Ecuador

Theodore Breton and Juan Pablo Jaramillo

12435: Development Accounting: Conceptually Flawed and Inconsistent with Empirical Evidence

Theodore Breton

12434: What is the effect of sample and prior distributions on a Bayesian autoregressive linear model? An application to piped water consumption

Andrés Ramírez Hassan, Jhonatan Cardona Jim�nez and Raul Pericchi Guerra

12433: Human capital and growth in japan since 1970: converging to the steady state in a 1% world

Theodore Breton

12432: Análisis de la deserción estudiantil en los programa de pregrado de la universidad EAFIT

Isabel Cristina Montes Gutiérrez, Paula Mar�a Almo nacid Hurtado, Sebasti�n G�mez Cardon and Francisco Iv�n Zuluaga D� az

12431: La crisis del sector eléctrico en California 2000–2001: reformas y desintegración vertical

John García and Ana Mar�a Medina S�nchez

12338: Innovation and its Effects on Employment Composition: Microeconomic Evidence from Colombian Firms

Juan Felipe Mejía Mejía and Yurani Arias Granada

12186: A case for redistribution? Income inequality and wealth concentration in the recent crisis

Thomas Goda, Ozlem Onaran and Engelbert Stockhammer

12001: Intención de abandono en estudiantes de pregrado: factores y soluciones

Juan Duque, Isabel Montes, Stefan�a Rodriguez and Alberto Jaramillo

12000: Rendimiento académico: ¿qué papel juegan los factores institucionales?

Alberto Jaramillo, Isabel Montes, Sandra Milena Chica G. and Jos� David Garc�s C.

11999: A Human Capital Theory of Growth: New Evidence for an Old Idea

Theodore Breton

11998: Crime in Colombia: More law enforcement or more justice?

Catalina Gomez Toro, Hermilson Vel�squez, Andr�s Juli�n Rend�n and Santiago Boh�rquez

11997: Corporate governance and transaction cost economics: A study of the equity governance structure

Jimmy Saravia and Silvia Saravia-Matus

11996: Evaluación de los márgenes requeridos en un mercado de derivados de energía eléctrica

Javier Pantoja, Kelly Maradey Angarita and Alfredo Trespalacios

11995: World Total Factor Productivity Growth and the Steady-State Rate in the 20th Century

Theodore Breton

11994: The superstar quest: Does youth talent predict professional success for female and male tennis players?

Michael Jetter and Wayne Grove

11834: A Human Capital Theory of Economic Growth: New Evidence for an Old Idea

Theodore Breton