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Market discipline: a review of the Mexican deposit market
(Centro de Investigación y Docencia Económicas, 2014-04-15)
This paper studies the mechanisms of market discipline in the Mexican deposit market. It tests the hypothesis that low-quality banks pay higher interest rates on deposits, receive fewer deposits, and shift their deposit ...
Power system transformation towards renewables: an evaluation of regulatory approaches for network expansion
(Centro de Investigación y Docencia Económicas, División de Economía, 2013)
We analyze various regulatory regimes for electricity transmission investment in the context of a transformation of the power system towards renewable energy. We study distinctive developments of the generation mix with ...
Factors that influence women’s economic participation in Mexico
(Centro de Investigación y Docencia Ecónomicas, 2013)
This paper analyses women’s economic participation (WEP) in Mexico. The hypothesis is that the regional disparities of women’s participation are based on education, industrialization, urbanization and other non-observed ...
Real exchange rate and foreign direct investment in Sub-Saharan Africa: Ssme empirical results
(Centro de Investigación y Docencia Ecónomicas, 2012)
Despite the well acknowledged importance of foreign direct investment (FDI) and efforts of sub-Sahara African (SSA) countries at attracting it, the region remains the least destination for FDI globally. Of course, several ...
A natural experiment on US clean water act monitoring and compliance
(Centro de Investigación y Docencia Económicas, División de Economía, 2018)
In this paper we utilize the random treatment of reduction of complete stoppage of ambient water quality monitoring, to show that major polluters increase their pollution discharges relative to effluent limits in the ...
A cross-country causal panorama of human development and sustainability
(Centro de Investigación y Docencia Económicas, División de Economía, 2012)
A broad summary of the theoretical literature on economic growth shows that this theory has transcended the neoclassical paradigm and that market rationality does not govern the human development process. Instead human ...
Frontiers in the economics of crime: lessons for Latin America and the Caribbean
(Centro de Investigación y Docencia Económicas, 2019-12-12)
Crime and violence generate many distortions in the allocation of private and public resources and engender economic and social costs that hinder development. In Latin America and the Caribbean, which is the most violent ...
Aglomeración espacial de establecimientos comerciales en un centro tradicional de negocios: un análisis basado en las funciones K
(Centro de Investigación y Docencia Ecónomicas, 2012)
Comparamos dos de las estadísticas espaciales más robustas que reporta la literatura contemporánea para analizar patrones locacionales de firmas: las funciones K-plana y K-en red. Estas funciones generan valores que, en ...
Do changes in divorce legislation have an impact on divorce rates? The case of unilateral divorce in Mexico
(Centro de Investigación y Docencia Económicas, 2019-10-17)
In 2008, Mexico City was the first entity to approve unilateral divorce in Mexico. Since then, 17 states out of 31 have also moved to eliminate fault-based divorce. In this paper, I investigate the effect of the changes ...
Removing cross-border capacity bottlenecks in the European natural gas market: a proposed merchant-regulatory mechanism
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
We propose a merchant-regulatory framework to promote investment in the European natural-gas network infrastructure based on a price cap over two-part tariffs. As suggested by Vogelsang (2001) and Hogan et al., (2010), a ...