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On the existence of sharecropping
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
When tenancy contracts are subject to ex-post limited liability, it is optimal for the landlord to offer the tenant the entire crop share since full incentive leads to higher production even in the bad state of the nature, ...
Risk aversion and the Pareto frontier of a dynamic principal-agent model: an evolutionary approximation
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
In this paper we formulate an infinitely repeated Principal-Agent relationship as a Multi-Objective Optimization problem. We numerically approximate the solution of this model using a Multi-Objective Optimization Evolutionary ...
Un análisis empírico de redes sociales: características y recursos asociados
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
In this article we analyze how different characteristics of a social network are associated to different types of resources required by the individuals that constitute the network and their objectives. To attain this goal, ...
A note on bargaining over complementary pieces of information in networks
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
We consider two specific network structures, the star and the line, and
study the set of bilateral alternating-offers bargaining procedures for the
pairs of connected agents. Agents have complementary information ...
Combate a la informalidad: ¿más monitoreo fiscal o menos monopolios?
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
Some authors argue that the informal sector is one of the causes of underdevelopment; some others that it is only a symptom. The first group recommends an increase in tax enforcement in order to reduce the sector; the ...
Transmission investment in the Peruvian electricity market: theory and applications
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
This research presents an application of the Hogan, Rosellón and Vogelsang
(2010) (HRV) mechanism —that promotes electricity transmission network
expansion— in the Peruvian electricity transmission system known as ...
¿Quiénes son los NiNis en México?
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
The objetive of this article is to characterize the population between 15 and
29 years old who does not attend school and does not work (NiNi, as they
are know in Mexico). We used data from the 1990, 2000 and 2010 Cesuses
of ...
Ecological inference with entropy econometrics: using the Mexican census as a benchmark
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
Most regional empirical analyses are limited by the lack of data. Researchers have to use information that is structured in administrative or political regions which are not always economically meaningful. The non-availability ...
Evaluación de los resultados de la licitación del espectro radioeléctrico de la Cofetel y su impacto en el sector de servicios de telecomunicación móvil en México
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
During the auction of the Mexican Radio Spectrum that took place in 2010,
the central issues in the public opinion were about the potential fiscal
revenue and the possible damage to the State’s assets. None of the
postures ...
¿Que tan predecible es la política monetaria?: un análisis econométrico del contenido informativo de los comunicados del Banco de México
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
In this paper we investigate whether the communication bias of the Bank of Mexico provides information that helps to anticipate the course of monetary policy in subsequent periods. We first construct an objective index of ...