This paper presents a scoring model that predicts the risk of drop-out for borrowers at a microfinance lender in Bolivia. Drop-out risk was greater for women, manufacturers, newer borrowers, and those with more arrears. Out-of-sample tests suggest that scoring may help microfinance lenders to...

We present a three-sector general equilibrium model with an informal sector, which produces an intermediary for the formal sector, and analyze the effects of different policies on the environmental standard and welfare of the economy. Since the informal manufacturing sector creates pollution,...

Several reason for emigrating are analysed and we found inequity in income distribution as a major reason in most cases. There is a certain aspect of aspirations, and demographic pull and push effects, what means that those reason must be found both in arrive developed and departure...

In the paper, an Analysis of Principal Components is used to explain the structure of Variance and Covariance, associated with the variables that represent the Mexican industrial performance, from the financial point of view in the period 1998-2001, with the purpose of reducing the number of...

Mexican states, as Oxaca or Hidalgo, have in the regional poverty not only a reason to send out productive workforce. Also, the beneficial effects of their wages consignment on macroeconomic fundamentals are a reason for institutions not to promote job creation.

This paper forms part of a wider project to show the significance of archival material on distinguished economists, in this case Lauchlin Currie (1902-93), who studied and taught at Harvard before entering government service at the US Treasury and Federal Reserve Board as the intellectual leader...

This paper questions if an increase in consumption of durable goods -such as electric appliances, associated in the media with an emerging middle class- could have aided the incumbent party to retain the Mexican presidency in 2006 -again, associated in the media with the backing of the economic...

In this paper, we investigate on the determinants of the size of shadow economy (SE) in Latin America. While the analysis of economic causes of SE has been extensively studied in literature, here we offer a wider prospective. In addition to overall economic development, unemployment rate, and...

Argentina adopted currency type board arrangements to put an end to monetary instability in the nineteenth and the twentieth centuries under very different historical circumstances and contexts with very different results. The first currency board functioned within an international system that...