This paper analyzes the hypothesis that Mexican consumers are impatient in the consumption of goods subject to excise taxes such as tobacco, alcohol and soft drinks. For comparing purposes, the analysis includes the tortilla, the primary food of the Mexican meal. Estimates of hyperbolic discount...

This article addresses the transition from the presidency of Hugo Chávez to that of Nicolás Maduro, in the light of the effects of the dynamics in domestic politics and the changing international order on the formulation of Venezuela's foreign policy. We start from a central question: how does...

This paper addresses the relationship between the design of incentives to firms under regulation, mainly the rule for adjusting tariffs, and trade balance performance of the country. We also explore whether this relationship is relevant or not for a typical developing economy like Argentina. We...