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...

Every year, 245 million women are victims of intimate partner violence (IPV). Climate change is hypothesized to exacerbate this figure through its disruptive impact on household livelihoods, among other channels. However, little causal evidence exists on this aspect of the climate-gender nexus,...

BellRing, a Czech Republic-based SME, is a digital assessment platform aimed at improving the assessment process in schools. After registering their trade mark in Czechia, the company set its sights on international expansion, focusing on Latin America. They were particularly interested in...

BellRing, a Czech Republic-based SME, is a digital assessment platform aimed at improving the assessment process in schools. After registering their trade mark in Czechia, the company set its sights on international expansion, focusing on Latin America. They were particularly interested in...

The direction of the relationship between economic growth and income (social) inequality remains an open area of research, with theoretical models suggesting the possibility of positive or negative covariations. This study contributes to the debate by examining the case of Mexico, a country...

This study evaluates the socioeconomic effects of educational policies implemented between 2010 and 2024 within the context of the Fourth Industrial Revolution, focusing on the labor demand for professionals with advanced competencies. Using a quantitative analysis based on microdata from the...

Per capita growth of the Mexican economy has lagged behind G20 peers in past decades with notable disparities between the north and south. In this paper, we build on the income convergence literature by examining the impact of domestic market integration on regional growth. To this end, we...

Over the last decades, globalization has led to more integrated markets which fostered the transformation of economies around the world. How do domestic labor markets react to increased competition from abroad? This Policy Brief examines the effect of an import shock on the Mexican labor market...

US President Donald Trump has recently announced that tariffs on US imports from Canada and Mexico will take effect on March 4, 2025. This policy brief shows that the US tariffs would have a large impact on the North American neighbors. In the event of retaliation, all sectors of the economy...

The article analyzes why exchange rate stability has been prioritized in Mexico and why the national currency has appreciated; which policies and factors have made this possible, the costs and consequences of the strong peso, and its sustainability and temporality are also examined. Mexico's...

This research examines spatial integration in Mexican regional-food markets, with an emphasis on the degree of processing. The analysis employs a pairwise approach to evaluate the convergence of price differentials for each item across city pairs. Additionally, it examines the influence of...

In this paper, we estimate the effect of temperature on the economic activity of Mexico using 42 years of quarterly panel data on economic growth at the state level. Our findings reveal a concave relationship between quarterly economic growth and quarterly average temperature that is maximized...

Several indicator and index frameworks have been reported to assess management efficiency and promote transparency, facilitating decision-making and innovation. However, they cannot be applied in cities with limited information, making them impractical. This study proposes a Sustainable Urban...

New ODI research underscores how women's movements are leading the push for democratic governance and inclusion, particularly in contexts of eroding civic space or where democracies are increasingly authoritarian. Yet, they face growing backlash from a rising tide of politicised religion. Based...

Over the last decades, globalization has led to more integrated markets which fostered the transformation of economies around the world. How do domestic labor markets react to increased competition from abroad? This Policy Brief examines the effect of an import shock on the Mexican labor market...

US President Donald Trump has recently announced that tariffs on US imports from Canada and Mexico will take effect on March 4, 2025. This policy brief shows that the US tariffs would have a large impact on the North American neighbors. In the event of retaliation, all sectors of the economy...

Esta Evaluación de la Pobreza y la Equidad en México revisa la evidencia sobre la pobreza y la equidad en México durante las últimas dos décadas, la compara con la experiencia internacional comparable e identifica un conjunto de áreas críticas de intervención política para responder a...

Objective To estimate the effect of economic recessions on health inequality, with a focus on identifying recessions that have a health component. Methods This retrospective observational study uses the interannual rate of change in gross domestic product (GDP) as an indicator of economic...

Cognitive behavioral therapy (CBT) has become a powerful and effective tool to deal with violence in many at-risk areas in the world. However, its use for gender-based violence (GBV) and dating violence, although promising, has been limited and used as a response service for survivors, rather...

We investigate how occupation influences the relationship between temperature and mortality in Mexico. Using multiple decades of nationwide death records - which include information on occupation - linked to local weather data, we find that heat-related mortality risk varies sharply by...

We study how the US presidential election of 2016 affected the subsequent inflow of Mexican-born immigrants. We use the "Matricula Consular de Alta Seguridad" data to construct proxies for annual inflows and internal movements of Mexican-born individuals, including undocumented immigrants,...

Building upon a multisectoral framework in light of the Kuznetsian paradigm, this paper analyses the relationship between structural transformation and income inequality. Empirical evidence is drawn using a large census dataset consisting of more than 22 million individuals from Mexico and the...

This country report provides a description of the emergence of a health care system under public responsibility in Mexico. The inception of the health care system refers to the first legislation stipulating entitlements to medical care. The report also includes a brief description of major...

The aim of this paper is to investigate how the central bank of Mexico - a prototypical emerging market economy (EME) - adjusted its reaction coefficients according to an estimated Taylor-type rule in response to the COVID-19 pandemic and the posterior surge in inflation. To do so, we estimate a...

This paper analyses the relationship between financial inclusion and the economic and social development in Mexico. For this quantitative research, a study sample composed by 448 observations during the 2007-2020 was analyzed using fixed effect estimations with instrumental variables 2SLS....

Empirical evidence for advanced economies suggests that following a monetary tightening, commercial and industrial bank loans show a positive "puzzling response". Since there is no wide evidence for the Mexican case, this paper analyzes the response of bank loans at the sectoral level after a...

We estimate the effect of speaking Spanish as an additional language (SAL)—as opposed to speaking it as a native—on education, labor, and wellbeing outcomes among Mexico's indigenous ethno-linguistic minorities. Controls are appropriately comparable indigenous individuals who speak only...

Mexico City, that boasts the first place in electricity consumption among urban centers in the country, is actively advancing its energy transition by promoting renewable energies and tapping into its potential for solar and bio-energy. As households in emerging economies drive global energy...

Due to the global threat of climate change, investigating the interplay between environmental factors and environmental quality is crucial for effective policy implementation to achieve environmental sustainability. This study examines the influence of economic growth, energy utilization,...

Over the past decades, Latin America and the Caribbean have experienced a significant increase in natural disasters, posing significant threats to infrastructure and economic activity, particularly in regions with poor infrastructure. Understanding the patterns in recovery time after disasters...

Millions of children worldwide remain out of school due to the high costs of reaching them and a shortage of qualified teachers. Can ICT-based instruction help close this gap and deliver the long-term benefits of traditional schooling? This paper provides causal evidence on the long-term...

Purpose This paper studies the determinants of the debt maturity of Mexican-listed companies by analysing the effects on the extensive (issuing or liquidating debt) and the intensive (debt maturity renegotiation) margins. Design/methodology/approach This study, using a Tobit model for panel data...

This study identifies Mexican sugarcane-planting micro-regions with different productive potential (PP), technical efficiency (TE) and poverty, to propose targeted impact investments. Central to our analysis are three innovative approaches: estimating a Stochastic Production Frontier (SPF) model...

For decades, there has been consensus that measures of well-being must move past readily available economic data, and newer measurements of well-being are often obtained through individual questions or questionnaires. Despite being more accessible to compare person to person, recent trends have...

This study examines the dynamic relationship between inflation, inflation uncertainty, and economic performance in Mexico using the Generalized Autoregressive Conditional Heteroskedasticity-in-Mean (GARCH-M) and bivariate GARCH-in-mean (BGARCH-M) models. Based on monthly data from 1995 to 2019,...

Over the past decades, Latin America and the Caribbean have experienced a significant increase in natural disasters, posing significant threats to infrastructure and economic activity, particularly in regions with poor infrastructure. Understanding the patterns in recovery time after disasters...

Education, notably higher education, faced a significant challenge during the last period. Our data exploratory study aims to provide insights into the key factors that define students' Distance Learning (DL) in the current period. Based on the main findings, we justify our bold proposition for...

This paper reports socioeconomic and health outcomes for individuals born with sex variations (i.e., intersex individuals) in Mexico based on large nationally representative survey data collected between 2021 and 2022 (N44,189). The sample includes 608 intersex respondents, corresponding to a...

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...