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My Research

Papers in Refereed Publications

Real estate prices and land use regulations: Evidence from the Law of Heigths in Bogotá

Between 2015 and 2017, the Law of Heights (Policy-562) regulated areas of urban renewal in specific locations of Bogotá (Colombia). Using a novel dataset based on detailed information at the block level between 2008 and 2017, we study whether this policy affected real estate prices. Our empirical strategy compares the price per square meter before and after Policy-562 in treated blocks and in control blocks with similar pre-treatment traits. Results show that prices increased more in treated blocks than in the rest of the city. We also provide evidence that results are heterogeneous from a temporal, land use and strata point of view.

Research in Progress

Accessibility and Railroads: Intra-urban mobility patterns in Madrid

This study examines the relationship between the expansion of the railroad network in the metropolitan area of Madrid (Spain) and population intra-urban patterns. Specifically, we examine two expansion plans that account for roughly 40 percent of the total network in terms of the change in connectivity and accessibility caused by the opening of new stations and whether these represent a determining factor in population redistribution. We utilized census tract data to determine the change from 1998 to 2020.

Causes and Consequences of Urban form: Evidence from US Cities. 

With M.A. Garcia-Lopez (Latest version here )

This study examines the origins and effects of employment decentralization in the United States, utilizing census data at the tract level for the years 1990, 2000, and 2010. Initially, the subcenters are identified through the utilization of a semi-parametric regression methodology. We then looked at population density and the expansion of transportation infrastructure as the key contributors to polycentrism. The third section of the study looked into possible implications of employment decentralization, utilizing metrics such as per capita income, urban segregation (both in terms of income and residential), as well as pollutants in the form of gases and particles.

Other Publications

The strengthening of the U.S. dollar against the Latin American currencies  (Opinion column)
Latinoamerica 21

Structural Heterogeneity and its Manifestation in the Colombian Labor Market 2001-2006
Universidad La Gran Colombia (BA, thesis)

Performance of an investment portfolio in post-crisis time.
Universidad de Alcala (MA, thesis)

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