The opening up of the Mexican economy completely transformed the growth dynamics of the per capita Gross Domestic Product (GDP) of the country’s various states, with a clear tendency towards growth being concentrated in specific regions. In this study, we quantify the indirect or spillover...

As a result of the COVID-19 pandemic, governments and central banks worldwide implemented a wide range of policies to support households and businesses, among them a series of measures to support the availability of credit. This paper quantitatively assesses how monetary and regulatory policy...