In the last two decades, economists have recognized that immigrants make extensive use of their immigrant networks when deciding to migrate and during their stay in the host country. A way in which immigrants utilize their networks is to find information on potential employers during their job...

By introducing a delay differential equation into a population model this paper attempts to show that an update on Malthus’s principle of population requires using new mathematical analyses involving oscillations around a stable attractor. Acceptance of the fact that Malthusian dynamic...

In this paper we study the determinants of both the decision to be rated and the ratings for sub-national governments in a prominent LDC, Mexico. One of the main findings is that entity size does matter; as a matter of fact, population size is one of the two rating determinants common to all the...

This paper examines the impact that household and village level characteristics have on environmental dependence and participation in resource extraction decisions. Contrary to previous studies that have used case studies or regional samples, I use a nationally representative sample of rural...

This document presents a review and critical analysis of the evaluation of public policies and programs in Mexico in the light of recent progress in the practice and institutionalization of program and policy evaluation. The first section considers the importance of evaluation, transparency and...

The paper examines the empirical regularities between the cyclical component of U.S. output and variables of output and employment in Mexico. Based on these regularities, it explores the effects of the current U.S. recession on the Mexican economy. The findings suggest that both output and...

Electricity transmission pricing and transmission grid expansion have received increasing regulatory and analytical attention in recent years. Since electricity transmission is a very special service with unusual characteristics, such as loop flows, the approaches have been largely tailor-made...

We develop the trivariate probit model in which the sample incidentally truncates twice —i.e. in the first and in the second equations—, which is not solved in the literature. The model is analogue to the so called Bivariate Probit with Sample Selection (also referred as Bivariate Probit...

We analyze a situation where a Principal does not necessarily have all the bargaining power while negotiating a contract with an Agent by studying a dynamic multi-objective moral hazard model with hidden action. We .nd that the structure of the optimal contracts change along the Pareto Frontier,...

This paper presents a small open economy model to study the role of interest rate shocks in an emerging economy like Mexico. The interest rate is decomposed in two terms: an international rate and a country risk premia. First, it is shown that the model is able to explain several stylized facts...