Showing 1 - 10 of 100
After presenting the institutional construction during the pre-accession and post-accession to the Economic and Monetary Union (EMU), the exchange rate mechanisms (ERM) in several countries and the convergence criteria, we go on with a brief analysis of the way the CEE countries cope with the...
Persistent link: https://www.econbiz.de/10010527407
This paper investigates the performance of early warning systems in real-time, using forecasts of indicators that were available at the moment predictions are to be made. The study analyzes currency crises in eight Latin American and Central and Eastern European countries, distinguishing an...
Persistent link: https://www.econbiz.de/10011788963
the PWT to estimate growth rates. Moreover, this variability matters for the cross-country growth literature. While growth …
Persistent link: https://www.econbiz.de/10008514829
logistic smooth transition functions, in which transition periods are endogenously estimated. In terms of growth rates, our … results indicate that for Mexico real and real per capita GDP, there are four stationary growth paths, separated by three … transition periods. For instance, for real GDP we identify the following stationary growth paths: 1895-1924, 1935-1952, 1956 …
Persistent link: https://www.econbiz.de/10010322550
proposed by Henderson, Storeygard and Weil (2012), this paper measures the economic growth of the main 15 beach tourist areas …
Persistent link: https://www.econbiz.de/10012057070
This paper aims to measure the gross output loss due to misallocation of resources in Mexico during 2008-2018 and to study what determines this resource misallocation. To do so, I use an extension of Hsieh and Klenow (2009) and Mexican Economic Censuses. Alternatively, I estimate resource...
Persistent link: https://www.econbiz.de/10014541023
In a typical developing country, coverage of the contributory social security system is low. We analyze the aggregate effects of a revenue-neutral fiscal-cum-social policy reform that consists of: 1) the implementation of universal social insurance to replace the system with low coverage; and 2)...
Persistent link: https://www.econbiz.de/10011445094
We review some patterns of Total Factor Productivity (TFP) growth in the Mexican economy during the period 1991 … growth. As a result, tests were performed in order to determine a possible causality between these two variables, with the … set is that TFP growth in Mexico tends to be fairly concentrated and highly irregular, as just a reduced share of the …
Persistent link: https://www.econbiz.de/10011445097
capita GDP growth in Mexico using panel data at the state level for the period 2005-2018. The estimation controls for …% increase in the ratio of banking credit to GDP increases per capita GDP growth at the state level between 0.61 and 0 …
Persistent link: https://www.econbiz.de/10012616410
How does imperfect law enforcement affect drug trafficking, predation on firms, informality, and aggregate production? To quantify it, a general equilibrium occupational model is developed in which there is room for drug trafficking, crime against businesses, and tax evasion in the presence of...
Persistent link: https://www.econbiz.de/10014319981