This paper analyzes price formation and dynamics according to the industry structure. It divides manufacturing industries of Mexico into two groups: perfectly and imperfectly competitive. The results show that imperfectly competitive industries predominate. Then this classification is used to...

This article uses conventional models to evaluate whether the term structure of interest rates can predict economic activity in Mexico. A positive relationship between interest rate differentials and economic activity is detected, even after controlling for the monetary policy stance through...

We describe the recent trends that characterize the location of bank branches, automated teller machines (ATM) and point of sales terminals (POS) in Mexico, and evaluate whether bank infrastructure has expanded to previously uncovered regions. Further, we analyze the relationship between...

In this article we study the relationship between wages, unemployment and labor productivity in Mexico’s manufacturing sector. We use the data of Monthly Industrial Survey, produced by the National Institute of Statistics (INEGI), to estimate a model with the generalized method of moments for...

In Mexico, during 2004, came into effect the Law to Promote Transparent Financial Services. We describe the most salient dispositions of this law and the key measures that central bank of Mexico has implemented, as well as the usage patterns of checks, electronic funds transfers and payments...

We analyze the data of credit card holding and usage in Mexico, through a sample selection model. We find that some features of the household, such as income, head's education level and ownership of assets that can be used as collateral are related with the decision of having a credit card, as...