This dissertation treats the topic of environmentally unfriendly consumption behaviour in relation to air pollution and the use of automobiles in Mexico City by analyzing three related aspects: i) relevant factors of driving patterns, ii) differences in the extent of pollution arising from...

We consider an ecosystem management problem where managers can use habitat creation and predator removal to conserve an endangered species. Predator removal may become particularly important in the face of habitat loss, and ecosystem management strategies that ignore the influence of habitat are...

This paper is aimed at examining the theoretical determinants and empirical evidence on the use of derivatives in Latin America for risk management. The contingent claims, the development of their market, and their use, is undoubtedly one of the most powerful financial innovations available to...

This study investigates the existence of day of the week effects on stock returns in the Colombian Stock Exchange (CSE) for the period between June 2001 and March 2005. The Bogotá Stock Exchange was established in 1928. However, the two other main bourses in the country merged with this in 2001...

The issue of institutional support for innovations in Latin American countries has been examined in this paper. We use aprirori theoretical knowledge on this issue in order to derive one econometric model out of a theoretical framework. The influence on human capital variable on innovations...

The purpose of this paper is to analyze the effect of remittances on Latin America`s economic growth thorough 1976-2007 controlling the potential endogeneity of the regressors through system GMM estimators for dynamic data panel model. The main conclusion is that remittances had a negative and...

Given the importance of financial intermediation and financial infrastructures such as payment systems for the economy, countries have established entities to supervise or oversee the well functioning of instutions, systems and networks. This paper is based on a presentaion made at XI...

Annotated presentation made at the conference “Hacia una Mayor Competitividad e Integración de América Latina y el Caribe: la contribución de la banca de desarrollo”,on the occasion of the ALIDE Annual Meeting, Asunción, Paraguay, 19-20 May 2011. The paper describes first how regional...

An innovative aspect of this paper is evidenced through its recommendation of the Micro-Savings Requirement Scheme - which offers numerous benefits – as will be highlighted in this paper. Furthermore, the paper not only addresses how linkages, direct and facilitating linkages, can benefit...