Borradores de Economia
Number:
87
Published:
Classification JEL:
K42, C81, H56
Keywords:
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
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In recent years, over ninety percent of all crimes in Colombia have gone unpunished. This paper addresses the reasons for this extreme unresponsiveness of the country's judicial system to high rates of violence, in particular since the end of the seventie