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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 ...
Democratic economics and improved governance: development policies for the G20
(Centro de Investigación y Docencia Económicas, División de Economía, 2010)
Democratic economics and improved governance can be guiding principles
for the newly formed G20, representing two thirds of the world’s population
and 88% of the world’s economy.
To get economies to work for the majorities ...
Los riesgos de no ser normal en finanzas: un ensayo sobre el comportamiento leptocúrtico de las series accionarias de Colombia
(Centro de Investigación y Docencia Ecónomicas, 2013)
El documento analiza los problemas más comunes asociados con las distribuciones de rendimientos leptocúrticas. Con base en el comportamiento de los rendimientos de las acciones negociadas en la Bolsa de Valores de Colombia ...
Informal sector, productivity, and tax collection
(Centro de Investigación y Docencia Económicas, División de Economía, 2010)
The informal sector is a prominent characteristic of many developing countries. Most of the literature has focused on understanding the determinants of informality. The connection between the informal sector and economic ...
Economics of marketing of food grains in South Western Nigeria
(Centro de Investigación y Docencia Ecónomicas, 2012)
The marketing and distribution of food grains are characterized by a low level of efficiency and high marketing margins. This has caused high product prices and limited the accessibility of the commodities to numerous ...
Urban infrastructure in Latin America and the Caribbean: public policy priorities
(Centro de Investigación y Docencia Económicas, 2015-11-11)
Latin America and the Caribbean is the most urbanized region in the developing world. Its urbanization rate of almost 80 % is comparable to that of high-income countries. However, cities in the region are struggling to ...
Is crime in Mexico a disamenity?: evidence from a hedonic valuation approach
(Centro de Investigación y Docencia Economicas, División de Economía, 2015)
Since Roback (1982)’s seminal work, the literature has evaluated the role of the amenities to equilibrate the regional differentials of nominal wages and prices. While these studies generally find evidence for traditional ...
Do consumers really prefer formal credit to informal credit?: evidence from a pseudo-experimental design in Mexico
(Centro de Investigación y Docencia Económicas, División de Economía, 2012)
The development of economic institutions characterizes economic growth and promotes efficiency. For example, formal credit institutions operate in the credit market in a more efficient way than informal money lenders because ...
Ecological inference with entropy econometrics: using the Mexican census as a benchmark
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
Most regional empirical analyses are limited by the lack of data. Researchers have to use information that is structured in administrative or political regions which are not always economically meaningful. The non-availability ...
Deforestación en México: un análisis preliminar
(Centro de Investigación y Docencia Económicas, División de Economía, 2012)
The present work includes a literature review of deforestation drivers both at the international level and specific to Mexico as well as a preliminary econometric analysis. The main objective is contribute to the understanding ...