Books
Retos económicos de la transición energética
Álvarez, A., Guerra, J., & Hofstetter, M. (Eds.).
Bogotá: Ediciones Uniandes. Forthcoming 2026.
Chapters as coauthor: "Efectos nacionales de la transición energética" and "Efectos regionales de la transición energética".
Published Articles
Staying in Power: How Does Political Continuity Shape Debt?
with Jaime Bonet and Jhorland Ayala.
World Development, 2026.
[DOI]
[Free Access]
Documentos de Trabajo sobre Economía Regional y Urbana — Banco de la República.
[PDF]
Why was the wheel (not) used in the Andes? A hypothesis explaining the slow adoption of wagon transport and evidence from nineteenth-century Colombia
with Xavier Durán.
Journal of Economic History, 2026.
[DOI]
[Replication Package]
The Fiscal Cost of Waste: Procurement Spending Inefficiency in a General Equilibrium Framework
with Bum Kim, Matheo Arellano, Daniel Rueda-Lobato, Oscar Valencia, Carlos Ortiz, Ana Calderon, and Leandro Andrian.
International Economics, 2026.
[DOI]
Autonomy, Control, and Performance in Subnational Public Organizations: Evidence from Colombia
with Camilo Ignacio González.
International Journal of Public Administration, 2026.
[DOI]
Working Papers
Fiscal Credibility under Political Instability: Evidence from a New Dataset on Finance Minister Turnover
with Carolina Dueñas, Bum Kim, Sergio Sánchez-Martínez, Leandro Andrian, and Oscar Valencia.
Working paper. August 2026.
[PDF]
[Slides]
Impact of territorial division on long-term development
with Jaime Bonet and Jhorland Ayala.
Cuadernos de Historia Económica — Banco de la República.
[PDF]
Media coverage: [El Universal]
Institutional Design in the Energy Sector and Its Role in Development-Oriented Regulation
with Camilo Ignacio González and Carolina Velandia Hernández.
Currently under R&R in Public Administration Review
Rules Met, Goals Missed: The Compliance–Sustainability Gap
with Carolina Ulloa-Suárez, Oscar M. Valencia, and Gustavo Sánchez.
Bureau d'Économie Théorique et Appliquée (BETA) — Documents de travail, 2025-23.
[PDF]
Flexible Boundaries: Evaluating the Effect of Escape Clause Activation
with Carolina Ulloa and Oscar Valencia.
Bureau d'Économie Théorique et Appliquée (BETA) — Documents de travail, 2025-05.
[PDF]
Inflation's Twist: The Non-linear Impact on Public Debt
with Oscar Valencia, Gustavo Sanchez, and Juan Díaz.
Proceedings of the 8th Call for Papers, 2024 — Asobancaria.
[PDF]
Policy Papers
Hacia la Energía y Minería Sostenible en el Caribe Colombiano
Fundesarrollo & CESORE. August 2024.
[PDF]
El Cesar Ganadero
CESORE — Centro de Estudios Socioeconómicos y Regionales, for the Comité Ganadero del Cesar (Fedegán). September 2024.
[PDF]