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Now showing items 11-20 of 177
Elite capture of democratic politics: the role of social identity
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
In the present paper we uncover a novel mechanism through which a minority can gain a disproportionate power in a perfectly functioning democracy. In our model, a government elected by majority within a two party democracy, ...
Pensión proporcional y pensión universal: costo fiscal
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
The Federal Government in Mexico has implemented the provision of a non-contributory transfer under the program “Pensión Universal” for those workers who do not get a pension by Contributory Pension from the Saving System ...
A note on bargaining over complementary pieces of information in networks
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
We consider two specific network structures, the star and the line, and
study the set of bilateral alternating-offers bargaining procedures for the
pairs of connected agents. Agents have complementary information ...
Does the effect of pollution on infant mortality differ between developed and developing countries?: evidence from Mexico City
(Centro de Investigación y Docencia Económicas, División de Economía, 2012)
Most estimates of the relationship between pollution and mortality come from developed country data. However, these may not be externally valid to the developing world. Using data from Mexico, we find that an increase of ...
Does trade imply convergence?: analyzing the effect of NAFTA on the local convergence in Mexico
(Centro de Investigación y Docencia Económicas, División de Economía, 2015)
Regional Economics and Economic Growth focus on the question of whether trade leads to a greater concentration of economic activity. Yet little empirical work has assessed the regional convergence impacts of trade. Therefore ...
Poverty, vulnerability, and the middle class in Latin America
(Centro de Investigación y Docencia Económicas, 2016-08-19)
Between 2000 and 2013, Latin America has considerably reduced poverty (from 46.3 to 29.7 % of the population). In this paper, we use synthetic panels to show that, despite progress, the region remains characterized by ...
Great expectations? evidence from Colombia’s exchange rate survey
(Centro de Investigación y Docencia Económicas, 2016-07-21)
In this paper, we use the largest exchange rate survey in Colombia to test for the rational expectations hypothesis, the presence of a time-varying risk premium and the accuracy of exchange rate forecasts. Our findings ...
New countries and new economies in the Balkans
(Centro de Investigación y Docencia Ecónomicas, 2013)
The newly created economies in the former Yugoslav space advance on the transition road with more or less success. Each of the former Yugoslav republics has implemented its own transition policy, encountering different ...
Trade flows and volatility of their fundamentals: some evidence from Mexico
(Centro de Investigación y Docencia Económicas, División de Economía, 2010)
In this paper we investigate the effects of volatility of the fundamental determinants of trade on trade flows in Mexico during the period 1991-2008. Our import and export functions are based on the well known imperfect ...
Private and pareto efficient public transfers
(Centro de Investigación y Docencia Ecónomicas, 2011)
Private transfers are a market mechanism that changes the inequality in the distribution of income. Should the government increase or reduce the size of Pareto efficient public transfers after observing an increase in inter ...