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Now showing items 161-170 of 219
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, ...
Effect of tariff liberalization on Mexico's income distribution in the presence of migration
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
This paper studies how the North American Free Trade Agreement (NAFTA)
affected income distribution within Mexico given internal migration. Trade
liberalization should theoretically increase the income of low-skilled ...
Economic behavior of indigenous peoples: the Mexican case
(Centro de Investigación y Docencia Económicas, 2014-08-20)
Indigenous peoples have three features in common: their historical heritage, their current culture and their extreme poverty. This paper presents a hypothesis about the development of a cultural factor: indigenous people ...
Trivariate probit with double sample selection: theory and application
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
We develop the trivariate probit model in which the sample incidentally truncates twice —i.e. in the first and in the second equations—, which is not solved in the literature. The model is analogue to the so called Bivariate ...
Especializaciones reveladas y ventajas competitivas en el Bajío mexicano
(Centro de Investigación y Docencia Económicas, División de Economía, 2013)
This exercise approaches the economic competitiveness for the Bajío región in Mexico taking into account production at the level of activities and their degree of integration into clusters. The measure is centred in 82 ...
Progress and challenges in achieving an evidence-based education policy in Latin America and the Caribbean
(Centro de Investigación y Docencia Económicas, 2015-11-11)
This paper reviews the progress economists have made towards achieving an evidence-based educational policy, and highlights challenges that remain. The five main findings are: (1) over the past two decades, much effort has ...
Mass production and competition
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
I evaluate the optimality properties of a two sector market economy consisting of a mass
production sector with market power and a competitive sector with small scale production.
Adam Smith's results hold: the presence ...
Do industries pollute more in poorer neighborhoods?: evidence from toxic releasing plants in Mexico
(Centro de Investigación y Docencia Económicas, División de Economía, 2015)
This paper provides the first, direct evidence that poorer communities in Mexico are associated with higher toxics pollution releases. We utilize previously unused, self-reported, plant-level annual database (from 2004 to ...
El proceso de convergencia regional en México: un análisis de la dinámica de transición bajo heterogeneidad estatal y temporal
(Centro de Investigación y Docencia Económicas, División de Economía, 2016)
Este estudio utiliza la metodología de Phillips y Sul (2007) a fin de determinar si el PIB percápita de los Estados de la República Mexicana converge al sendero de crecimiento nacional y si es posible encontrar grupos o ...
El efecto del alfabetismo financiero en el ahorro para el retiro en México
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
In this paper, we analyze whether it is possible to increase the retirement saving through financial literacy in Mexico. With information from the Mexican Family Life Survey 2005 (MxFLS-2) we build a financial literacy ...