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Now showing items 481-490 of 852
Introduction to Argentine exceptionalism
(Centro de Investigación y Docencia Económicas, 2018-01-05)
This article is an introduction to the special collection on Argentine Exceptionalism. First, we discuss why the case of Argentina is generally regarded as exceptional: the country was among the richest in the world at the ...
Elite capture of democratic politics: the role of social identity
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
In the present paper we uncover a novel mechanism through which a minority can gain a disproportionate power in a perfectly functioning democracy. In our model, a government elected by majority within a two party democracy, ...
Measuring the efficiency of public schools in Uruguay: main drivers and policy implications
(Centro de Investigación y Docencia Económicas, 2015-05-05)
The aim of this research is to explore the existence of inefficient behaviors in public high schools in Uruguay and identify its potential drivers. To do so, we perform a two-stage model using PISA 2009 and 2012 databases. ...
Taxes, transfers and the distribution of employment in Mexico
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
The informal sector accounts for a substantial fraction of employed
population in Mexico and other Latin American countries. In this paper we
study the interaction between the tax and transfers system and the size ...
Oil price shocks and macroeconomic performance in Nigeria
(Centro de Investigación y Docencia Ecónomicas, 2013)
This paper examines the macroeconomic implications of symmetric and asymmetric oil price and oil revenue shocks in Nigeria, using the vector autoregressive (VAR) estimation technique. The paper finds that both positive and ...
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 ...
Capital flows and private investment in Mexico
(Centro de Investigación y Docencia Ecónomicas, 2013)
Based on the so-called bounds testing approach, the paper studies the long-run effect of capital flows and the real exchange rate on Mexico’s private investment from 1988 through 2008, presenting two main results. First, ...
El proceso de convergencia regional en México: un análisis de la dinámica de transición bajo heterogeneidad estatal y temporal
(Centro de Investigación y Docencia Económicas, División de Economía, 2016)
Este estudio utiliza la metodología de Phillips y Sul (2007) a fin de determinar si el PIB percápita de los Estados de la República Mexicana converge al sendero de crecimiento nacional y si es posible encontrar grupos o ...
Poverty, vulnerability, and the middle class in Latin America
(Centro de Investigación y Docencia Económicas, 2016-08-19)
Between 2000 and 2013, Latin America has considerably reduced poverty (from 46.3 to 29.7 % of the population). In this paper, we use synthetic panels to show that, despite progress, the region remains characterized by ...
Estimación del valor en riesgo en la Bolsa Mexicana de valores usando modelos de heteroscedasticidad condicional y teoría de valores extremos
(Centro de Investigación y Docencia Ecónomicas, 2013)
Se propone una metodología para la estimación del valor en riesgo (VAR) del índice de precios y cotizaciones (IPC) de la Bolsa Mexicana de Valores mediante el uso combinado de modelos autorregresivos y medias móviles (ARMA); ...