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Anticipating future expected utility and coordination motives for information decisions in networks
(Centro de Investigación y Docencia Económicas, División de Economía, 2012)
This paper develops a model of costly information acquisition by agents who are connected through a network. For an exogenously given network, each agent decides first on information acquisition about an underlying state ...
Consensus in communication networks under Bayesian updating
(Centro de Investigación y Docencia Económicas, División de Economía, 2012)
This paper studies the evolution of beliefs of a group of Bayesian updaters
who are connected through a social network that enables them to listen to
the opinions of others. Each agent observes a sequence of private ...
Volatilidad de la inflación y crecimiento del producto: el caso de México, 1993-2011
(Centro de Investigación y Docencia Económicas, División de Economía, 2012)
This paper investigates empirically the relationship between inflation,
inflation volatility and output growth in the case of México using monthly
data over the period 1993-2011. Specifically a bivariate GARCH-M model ...
Ideology, swing voters, and taxation
(Centro de Investigación y Docencia Económicas, División de Economía, 2012)
Ideas about ethnicity, religion, and nationalism among others, which we label “ideology”, seem to affect the preferences of voters, political parties and finally, the equilibrium policy. In this paper we provide a ...
Infraestructura y cobertura universal en salud
(Centro de Investigación y Docencia Económicas, División de Economía, 2012)
En este documento analizamos la infraestructura y los recursos humanos existentes (hospitales, camas, quirófanos, médicos y enfermeras, entre otros), tanto en el sector público como en el privado, para determinar la capacidad ...
Do consumers really prefer formal credit to informal credit?: evidence from a pseudo-experimental design in Mexico
(Centro de Investigación y Docencia Económicas, División de Economía, 2012)
The development of economic institutions characterizes economic growth and promotes efficiency. For example, formal credit institutions operate in the credit market in a more efficient way than informal money lenders because ...
Deforestación en México: un análisis preliminar
(Centro de Investigación y Docencia Económicas, División de Economía, 2012)
The present work includes a literature review of deforestation drivers both at the international level and specific to Mexico as well as a preliminary econometric analysis. The main objective is contribute to the understanding ...
Especializaciones reveladas y condiciones de competitividad en las entidades federativas de México
(Centro de Investigación y Docencia Económicas, División de Economía, 2012)
This exercise estimated competitiveness for the 32 federal states of Mexico
taking into account production, productivity, employment and wages in 82
activities representing 95% of total GNP.
There are two types of states. ...
Drug-related violence and forced migration from Mexico to the United States
(Centro de Investigación y Docencia Económicas, División de Economía, 2012)
When President Felipe Calderón took office he declared a war on drug lords,
thus initiating a war of attrition which has claimed more than 40,000 lives in
the last 5 years. In this paper I document how this escalation ...
Financial development and growth volatility: time series evidence for Mexico and the United States
(Centro de Investigación y Docencia Económicas, División de Economía, 2012)
This paper explores the influences of financial deepening on growth and its
volatility. Following a review of the theoretical literature that has attempted
to explain these relationships, the paper presents time series ...