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Now showing items 71-80 of 171
Notes on the constrained suboptimality result by J.D. Geanakoplos and H.M. Polemarchakis (1986)
(Centro de Investigación y Docencia Económicas, División de Economía, 2009)
J. D. Geanakoplos and H. M. Polemarchakis (1986) prove the generic constrained suboptimality of equilibrium allocations in two period economies with incomplete markets. In these notes we provide a complete and detailed ...
A general equilibrium analysis of the credit market
(Centro de Investigación y Docencia Económicas, División de Economía, 2009)
I analyse a model of incentive contracts where principals who each
possesses the same monitoring technologies, contract with agents from a
pool of individuals differing in their wealth endowments. Principals and
agents ...
Análisis del efecto económico de la aplicación de una medida de salvaguarda: el caso de la industria del triplay
(Centro de Investigación y Docencia Ecónomicas, 2006)
Este artículo presenta un modelo aplicado de equilibrio general para analizar el posible impacto de aplicar una medida de salvaguarda a las importaciones de triplay. Los cálculos realizados muestran lo siguiente. En primer ...
Inflation performance and constitutional central bank independence: evidence from Latin America and the Caribbean
(Centro de Investigación y Docencia Ecónomicas, 2004)
This paper explores the relationship between the constitutional entrenchment of central bank independence and inflation performance. Empirical studies for developing countries have not found a relationship between central ...
El mercado laboral mexicano 1992-2002: un análisis contrafactual de los cambios en la informalidad
(Centro de Investigación y Docencia Ecónomicas, 2009)
En esta investigación se presentan evidencias empíricas de las remuneraciones en el mercado de trabajo mexicano para hombres y mujeres, considerando conjuntamente una serie de categorías laborales de trabajadores formales ...
Lumpy investment in regulated natural gas pipelines: an application of the theory of the second best
(Centro de Investigación y Docencia Económicas, División de Economía, 2008)
We address investment in regulated natural gas pipelines when investment is lumpy and the demand for gas is stochastic. This is a problem that can be solved in theory as a dynamic program, but a practical solution depends ...
To open or not to open: the causes, timing, and consequences of protectionism
(Centro de Investigación y Docencia Económicas, División de Economía, 2007)
Recent history give us evidence of the different timing and results of the
opening up of several economies. When and why do governments open up
their economies, and why do domestic firms survive or not to the opening
up ...
An economic model of tax compliance with individual morality and group conformity
(Centro de Investigación y Docencia Ecónomicas, 2004)
Scholars in public finance traditionally have analyzed tax compliance using the Allighman-Sandmo model. I include in this model both moral and social payoffs for compliance. This approach can explain four pieces of evidence ...
Dynamics of labor market earnings in urban Mexico, 1987-2002
(Centro de Investigación y Docencia Económicas, División de Economía, 2007)
This paper studies short-run individual earnings mobility in urban Mexico
from 1987 to 2002. It analyzes whether initially advantaged individuals
experience more positive earnings mobility than the initially disadvantaged
ones. ...
Measuring the effects of working-land conservation programs on adoption of soil-erosion reducing practices and permanent vegetative cover
(Centro de Investigación y Docencia Económicas, División de Economía, 2006)
We use Maryland farm-level data to study the overall effect of voluntary conservation programs on permanent vegetative cover and the level of adoption of three soil-erosion reducing practices. In order to control for ...