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Optimal transmission planning under the Mexican new electricity market
(Centro de Investigación y Docencia Económicas, División de Economía, 2016)
This paper addresses electricity transmission planning under the new industry and institutional structure of the Mexican electricity market, which has engaged in a deep reform process after decades of a state-owned ...
The real exchange rate, regime changes and volatility shifts
(Centro de Investigación y Docencia Económicas, División de Economía, 2013)
We make use of a data set that is both long span and high frequency to test for purchasing power parity while allowing for a structural shift in the volatility of the Mexico-US bilateral real exchange rate. The Kim, Leybourne ...
Greetings from the editor-in-chief
(Centro de Investigación y Docencia Económicas, 2014-01-28)
Latin American Economic Review (LAER) is an international, refereed open-access journal dedicated to publishing in English original academic research on economics, with rigorous theoretical and methodological standards. ...
Estimating the effects of formality on Mexican informal microfirms: a joint multivariate approach
(Centro de Investigación y Docencia Ecónomicas, 2013)
In this article we use a multivariate framework to estimate net profits and levels of capital and labor for informal Mexican microfirms had they been formal. We estimate a Roy model to simultaneously model three different ...
Does corruption affect cooperation?: a laboratory experiment
(Centro de Investigación y Docencia Económicas, 2016-09-13)
In this paper, we analyze the nature of cooperation in different corruption regimes. In a laboratory experiment with university students in Mexico, individuals play first a corruption game and then a public goods game. The ...
How does explicit discrimination in job ads interact with discrimination in Callbacks?: evidence from a correspondence study in Mexico City
(Centro de Investigación y Docencia Economicas, División de Economía, 2015)
Job ads often narrow their searches using gender or age requirements. These narrow searches
do not rule out the existence of post-application discrimination. We test for such biases using
a correspondence experiment in ...
Cooperation among strangers in the presence of defectors: an experimental study
(Centro de Investigación y Docencia Económicas, División de Economía, 2013)
Does the rotten apple spoils his companions? This is the question we
analyze in the context of a repeated population game with behavioral types.
Our experimental results show that the inclusion of a non-cooperative
player ...
The technology gradient in the market economy
(Centro de Investigación y Docencia Económicas, División de Economía, 2017)
Technological creation and mass production are usually associated with large-scale production, while technological absorption is found more often in small-scale competitive firms. Thus, the link between the innovative and ...
Yet another tale of two cities: Buenos Aires and Chicago
(Centro de Investigación y Docencia Económicas, 2018-02-02)
Buenos Aires and Chicago grew during the nineteenth century for remarkably similar reasons. Both cities were conduits for moving meat and grain from fertile hinterlands to eastern markets. However, despite their initial ...
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 ...