Levy (2008) ha sugerido que la expansión de programas sociales no focalizados podría provocar un aumento de la informalidad económica en países como México. Sin embargo, esta hipótesis parte del supuesto de que existen mercados laborales competitivos e integrados en una economía. En este...

Levy (2008) has suggested that the expansion of non-targeted social programs could be inducing an increase in economic informality in countries like Mexico. This hypothesis, however, assumes the existence of integrated and competitive labor markets in the economy. In this work we test this...

In a recent work, Puchet (2001) presented empirical evidence on the production of papers on the Mexican economy. Among other results, Puchet obtained a list of the economists affiliated to Mexican institutions that were more productive in terms of the number of published papers related to the...

The frequency of financial crises over recent decades makes an in-depth study of the phenomenon imperative. This should involve particular attention to those points the different crises have in common, so as to draw lessons that can be used by financial authorities, regulators and the actual...

Además de presentar resultados para la población nacional, en su conjunto, en este estudio se evalúa el impacto de la educación primaria y de la secundaria en el sector rural de México sobre tres niveles de pobreza oficialmente aceptados: pobreza alimentaria, de capacidades, y de...

Existen muchas razones por las que los gobiernos y los economistas se interesan por medir el premio en ingreso asociado con la adquisición de mayor capital humano. Una herramienta útil para ello han sido los llamados "retornos a la educación",1 que en términos generales miden el aumento en...

This paper reviews the foreign debt burden in Central America with special emphasis on Honduras and Nicaragua, which have a large debt overhang. Several indicators suggest that this foreign debt seriously impedes economic growth in both nations. Honduras and Nicaragua, the poorest countries of...

This document analyzes the role of geographic characteristics in explaining the pattern of regional economic development in Mexico. The results indicate that some geographic variables, such as climate and vegetation, explain an important part of the differences that exist in the level and rate...

There are two sources of inconsistency in existing cross-country empirical work on growth: correlated individual effects and endogenous explanatory variables. We estimate a variety of cross-country growth regressions using a generalized method of moments estimator that eliminates both problems....