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Government intervention in rural insurance and reinsurance markets in Mexico, 1940-2000
(Centro de Investigación y Docencia Económicas, División de Economía, 2021)
This paper explains the historical development of agricultural insurance and reinsurance in Mexico in the second half of the 20th century. The central argument is that the Mexican government did not fully actívate the rural ...
Geopolitics and diplomacy: México's 1942 foreign debt settlement
(Centro de Investigación y Docencia Económicas, División de Economía, 2021)
This research explains the relevance of geopolitical factors and debt diplomacy during sovereign debt negotiations. We explain how the Mexican government reached an agreement with international creditors for the repayment ...
The COVID-19 economic crisis in Mexico through the Lens of a financial conditions index
(Centro de Investigación y Docencia Económicas, 2021-12-08)
The COVID-19 pandemic not only generated real shocks affecting economic activity severely, but also a broad uncertainty that unleashed an extreme shock to financial markets. In this paper, we focus on the financial dimension ...
Socioeconomic effects of COVID-19 in Mexico: a multisectoral approach and policy options
(Centro de Investigación y Docencia Económicas, 2022-01-10)
The health crisis caused by the spread of COVID-19 has caused a profound social and economic disruption in Mexico. Our purpose in this paper is to contribute to the knowledge about the economic impact of the pandemic in ...
Gender wage discrimination by distribution of income in Mexico, 2005-2020
(Centro de Investigación y Docencia Económicas, 2020-12-31)
This paper aims to analyze the hourly gender wage gap between men and women in Mexico for the period 2005-2020. To this end, a number of variables is selected to reflect workers' human capital, household circumstances and ...
The dynamics of social deprivation in Mexico
(Centro de Investigación y Docencia Económicas, 2021-06-04)
This paper aims to model the dynamics of social deprivation in Mexico using a Markovian approach. First, we establish a scenario where a list of items characterizing social deprivation evolves as a first-order Markov chain ...
From bad to worse: the economic impact of COVID-19 in developing countries. Evidence from Venezuela
(Centro de Investigación y Docencia Económicas, 2021-10-18)
Policy responses to COVID-19 affected the dynamic of economic growth and labor markets worldwide, hitting economically harder on developing countries. These policies involved economic lockdowns that included the shutdown ...
Political cycles in Latin America: more evidence on the Brazilian economy
(Centro de Investigación y Docencia Económicas, 2021-11-04)
This paper aims to shed additional light on the existence of opportunistic and partisan political-business cycles in the Brazilian economy over the 1996-2016 period. To that end, it relies on two different approaches: (I) ...
Does education increase risk aversion in households? Some evidence using artefactual experiments in Peru
(Centro de Investigación y Docencia Económicas, 2021-09-20)
We provide empirical evidence supporting a causal link between education and risk attitudes when using representative data from representative surveys and artefactual or lab-on-the-field experiments in Lima, Peru. We employ ...
How do the tax burden and the fiscal space in Latin America look like? Evidence through laffer curves
(Centro de Investigación y Docencia Económicas, 2021-11-17)
How much fiscal space do Latin American countries have to increase their tax burdens in the long term? This paper provides an answer through Laffer curves estimates for taxes on labor, capital, and consumption for the six ...