• Does independence matter: the case of the Colombia Central Bank 

      Cárdenas, Mauricio; Partow, Zeinab (1998-05)
      "Why has Colombia been a case of low outputvariability and moderate-to-high inflation? This paper argues that regardless of the institutional arrangement, monetary authorities have stabilized the business cycle, and inflation ...
    • Oil, coffee and the dynamic commons problem in Colombia 

      Cárdenas, Mauricio; Partow, Zeinab (1998-04)
      "The dynamic commons problem aries when different groups in society engage in intense redistributive activity as a result of an export boom. This paper analyzes the role that institutions play in ameliorating that problem ...