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Review of Government transparency: impacts and unintended consequences, by Tero Erkkilä
(Centro de Investigación y Docencia Económicas, 2014)
Systemic thinking and system dynamics for the analysis of public policies: fundamentals and recommendations
(Centro de Investigación y Docencia Económicas, División de Administración Pública, 2014)
This document presents a general vision of the systemic approach and one of its variants called system dynamics. It also explains the use of both frames for the analysis of public policies. The document begins by presenting ...
An assignment model of monitored finance
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
We develop an incentive contracting model of firm formation. Entrepreneurs of private equity firms who differ in net worth are required to borrow from institutional investors in order to finance start up projects. Investors, ...
An economic analysis of transportation fuel policies in Brazil
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
Brazil uses taxes, subsidies, and blending mandates as policy instruments to manage its transportation fuel markets. Despite all the market stabilization efforts, the fuels sector has been very dynamic in recent years. In ...
Trend-cycle decomposition for Peruvian GDP: application of an alternative method
(Centro de Investigación y Docencia Económicas, 2014-02-06)
Perron and Wada (J Monet Econ 56:749–765, 2009) propose a new method of decomposition of the GDP in its trend and cycle components, which overcomes the identification problems of models of unobserved components (UC) and ...
Competition and bank risk taking in a differentiated oligopoly
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
We re-examine the relationship between the degree of deposit market competition and bank
risk taking in a model where banks compete in differentiated deposit services. When banks
invest their deposits directly, as has ...
La política de innovación en el contexto de especialización competitiva de algunos estados de México
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
En este trabajo se analiza el impacto de distintos apoyos a la innovación brindados por Conacyt (Consejo Nacional de Ciencia y Tecnología) en la competitividad de las actividades más importantes en cada estado. El análisis ...
Real exchange rate and manufacturing growth in Latin America
(Centro de Investigación y Docencia Económicas, 2014-02-07)
The manufacturing sectors in Latin America have been more affected by the currency over/undervaluation than their counterpart in industrialized economies. From a panel data set covering 39 countries and 22 manufacturing ...
Incentives and competition in microfinance
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
We develop a model of competition among socially motivated microfinance instituions (MFIs), where the MFIs offer repayment-based incentive contracts to credit agents. The agents gather information regarding a borrower, and ...
A model of belief influence in large social networks
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
This paper develops a model of evolution of beliefs through communication in an exogenous social network. We
assume that the agents are Bayesian updaters and that the network enables them to listen to the opinion of ...