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This article carries out a validation exercise of vulnerability measures as predictors of poverty at the aggregate and micro levels based on short and long term panel data for Argentina and Chile. It then compares their performance to that of deprivation indicators. The main findings indicate that while vulnerability measures are good predictors of poverty in the aggregate, the same does not occur at household level. These results imply that while useful, vulnerability estimates require incorporating shocks to attenuate biased estimates if they are to be used for targeting purposes.

Abstract
This paper characterizes the labor market of youth in Colombia from 2008 to 2017. We estimate labor market indicators for individuals aged between 14 and 28 years using microdata from Colombia's household surveys over the study period. Our estimates document the main patterns and trends in the labor market of youth in labor force participation, employment, unemployment, informality, and earnings. We compare these statistics with the same indicators of adults (individuals aged between 29 and 65 years), and explore differences in characteristics within youth such as gender, region, educational attainment, socioeconomic status (SES), and experience. Results indicate that participation rate of young Colombians have increased in recent years, but are mainly employed in low-quality jobs namely unsalaried and informal. We also document marked inequalities in labor market outcomes across youth characteristics. We provide a series of recommendations to guide future youth labor policy based on these estimates as well as the critical analysis of recent youth policies in Colombia.

AbstractThis paper evaluates the randomized Good Drinks program in four localities of Bogotá, Colombia. The intervention encourages bartenders to adopt standardized practices that promote responsible behavior in terms of alcohol consumption with the goal of reducing alcohol‐related violence and was implemented in cooperation with Colombia's largest brewery and the city's Secretariat of Security, Coexistence, and Justice. Tracing out the relationship between alcohol consumption and violence is useful because alcohol‐related incidents often lead to more serious crimes. Our experimental design allows estimating direct and spillover effects on reported incidents within and around bars. Results show that bartenders in treatment locations sell more water and food, thus contributing to more responsible behavior by patrons. However, we find no direct or spillover effects of these changes in consumption on brawls five months after the program, but some improvement on other alcohol‐related incidents. The experience of the Good Drinks program provides a better understanding of three aspects related to alcohol regulation and policy: (i) the role bartenders can play to curb excessive alcohol consumption and promote good behavior among customers, (ii) a practical experience of using less restrictive interventions for alcohol regulation, and (iii) the value of public‐private partnerships.