The research examines the implications of relocating foreign direct investment (FDI) in the electronics industry from China to North America. The study focuses on nearshoring to Mexico and backshoring to the United States in the context of increasing trade tensions. Using Input-Output Analysis,...

The revolution of deregulation that swept national markets with particular force in the Americas was followed by the rise of complex and diverse regulatory institutions. Mexico was the poster child of governance by regulators as, in the 2000s and 2010s, its governing being used, in the energy...

We use the complete set of administrative public healthcare records in Mexico to provide the first nationwide assessment of diagnosed morbidity attributable to PM2.5 exposure across various health conditions in a developing country. By leveraging quasi-random air pollution shocks from variations...

Conditional Cash Transfers (CCTs) have become a key antipoverty policy in Latin America in the last 25 years. The ultimate goal of this kind of programs is to break the intergenerational transmission of poverty through the promotion of human capital accumulation of children in vulnerable...

We develop a new model of cycles and crises in emerging markets, featuring an occasionally binding borrowing constraint and stochastic volatility, and estimate it with quarterly data for Mexico since 1981. We propose an endogenous regime‐switching formulation of the occasionally binding...

This paper develops and estimates a dynamic model, which integrates value‐added and school‐choice models, to evaluate grade‐by‐grade and cumulative impacts of the Mexican Prospera conditional cash transfer (CCT) program on educational achievement. The empirical application advances the...