The purpose of this paper is to identify and analyze the determinants and consequences of bailing out states, in particular, those observed in Mexico. This work suggests that the explicit generalized bailout carried out by the federal government in Mexico in 1995 created a moral hazard problem....

The purpose of this paper is to identify and analyze the determinants and consequences of bailing out states, in particular, those observed in Mexico. This work suggests that the explicit generalized bailout carried out by the federal government in Mexico in 1995 created a moral hazard problem....

This paper provides a long-term historical and econometric account of the way in which geography has shaped development in the Mexican states. The emphasis is placed on the way in which the natural geography is reinforced by political decisions, which configure the human geography of population...

Resumen El interés por incentivos que permitan que el gasto público descentralizado vele por la provisión preferente de bienes y servicios a los más pobres guía este análisis. Este estudio analiza el efecto del gasto descentralizado en México en la provisión de infraestructura social...

We study the governance of public good provision in poor communities in Oaxaca, Mexico. We estimate the effect of usos y costumbres—a form of participatory democracy prevalent in indigenous communities—on the provision of local public goods. Because governance is endogenous, we address...

I examine the conditions under which trade can support peaceful coexistence and prosperity when particular social and ethnic groups are cheap targets of violence. A simple theoretical framework reveals that for a broad set of cases, while inter-group competition generates incentives for...