ALBERT

All Library Books, journals and Electronic Records Telegrafenberg

Your email was sent successfully. Check your inbox.

An error occurred while sending the email. Please try again.

Proceed reservation?

Export
Filter
  • Articles  (110)
  • La Paz: Institute for Advanced Development Studies (INESAD)  (61)
  • Ciudad de México: Banco de México  (49)
  • Spanish  (110)
Collection
  • Articles  (110)
Source
Keywords
Language
Years
  • 1
    Publication Date: 2019-08-30
    Description: Based on satellite photos of night light from NASA and the U.S. Department of Defense, and using the methodology proposed by Henderson, Storeygard and Weil (2012), this paper measures the economic growth of the main 15 beach tourist areas in Mexico for the period from 1993 to 2017. This methodology opens a new series of opportunities to measure economic activity, by providing new tools for measurement at the regional level, regardless of administrative boundaries.
    Keywords: E01 ; E23 ; O11 ; O47 ; ddc:330 ; GDP ; lights ; satellites ; touristic areas
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 2
    Publication Date: 2019-08-30
    Description: In this article we study the market duration of new housing built by developers in Mexico between 2013 and 2015. In particular, this document discusses whether the physical characteristics of housing, state of location, date put on sale, time of construction, the initial price and the size of the developer have any effect on the duration of new houses in the market. We use a survival analysis Cox model. The most important results indicate that the probability of a new house being sold between t and t+1 (hazard rate) decreases with time and, in general, is lower for units of larger size, those that took much time on the construction process, and those constructed by small developers.
    Keywords: R21 ; R31 ; C41 ; ddc:330 ; Duration ; housing ; time-on-the-market ; Mexico
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 3
    Publication Date: 2019-08-30
    Description: This paper evaluates five Nowcasting models that forecast Mexico's quarterly GDP: a Dynamic Factor Model (MFD), two Bridge Equation Models (BE) and two Principal Components Models (PCA). The results indicate that the average of the BE forecasts is statistically better than the rest of the models under consideration, according to the Diebold-Mariano (1995) accuracy test. In addition, using real-time information, the BE average is found to be more accurate than the median of the forecasts provided by the analysts surveyed by Bloomberg and the median of the experts who answer Banco de México's Survey of Professional Forecasters.
    Keywords: C32 ; C38 ; E52 ; ddc:330 ; Nowcasting ; Dynamic Factor Model ; Bridge Equations ; Principal Component Analysis ; Quarterly GDP ; Diebold-Mariano test
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 4
    Publication Date: 2018-07-03
    Description: We use the national Input-Output Matrix 2012 of INEGI and Flegg's approach to estimate four Regional Input-Output Matrices (RIOM) applying Banco de Mexico's regionalization. The RIOM are employed to evaluate the effects on gross output, value added and employment at the regional level resulting from two shocks: (a) the construction of a hypothetical automotive plant worth 1,000 million dollars; and (b) the production of 200,000 vehicles per year in that plant. The exercise reveals that: (i) the construction and the operation of the plant at full capacity have differentiated effects across regions and sectors on the studied variables, in both absolute and relative terms; (ii) the spillover effects resulting of both shocks within each region are concentrated in a limited number of sectors; and (iii) the north central region resulted to be the one receiving the largest relative benefits from both shocks.
    Keywords: R11 ; R12 ; R15 ; ddc:330 ; Input-Output Model ; Regional Analysis ; Multiplier Effects ; Automotive Sector
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 5
    Publication Date: 2018-07-03
    Description: We analyze the relationship between the economic growth rate and a rule of law indicator in Mexican states during the period 2006-2013. Specifically, we employ information regarding the time it takes to solve commercial disputes in local courts, which we use as a proxy variable to measure the efficiency of the justice system. In principle, we expect that the shorter the time it takes to resolve commercial disputes, the higher the growth rates will be in the states where the firms are located. The results suggest that a 100-day decrease in the average time it takes to resolve a commercial dispute is associated with an increase of 0.6 percent in the growth rate of state per capita GDP.
    Keywords: O43 ; O47 ; ddc:330 ; Economic Growth ; Justice System ; Regional Economies
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 6
    facet.materialart.
    Unknown
    La Paz: Institute for Advanced Development Studies (INESAD)
    Publication Date: 2018-11-19
    Description: This paper analyzes Bolivian Global Value Chains (GVC) for 2002, 2005 and 2011, using the Vertical Specialization Index (EV) of Hummels et al. (2001) and the measure of Upstreamness of Antràs y Chor (2011) (cited by Antràs et al., 2012b). Indicators show that trade patterns are represented by a concentration of raw materials, which have also taken advantage from those derived from GVC; while manufacturing sectors have been less important in this dynamic, and they even lost their relevance over time.
    Keywords: C02 ; F01 ; F14 ; ddc:330 ; Global Value Chains ; fragmentation indicators ; Bolivia
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 7
    facet.materialart.
    Unknown
    La Paz: Institute for Advanced Development Studies (INESAD)
    Publication Date: 2018-11-19
    Description: La estimación de las cuentas ambientales a nivel subnacional es importante en Bolivia, debido a la heterogénea distribución espacial de los activos ambientales en el territorio nacional, en particular para departamentos de escasa diversificación productiva, donde la extracción de recursos naturales constituye su principal base económica. El presente trabajo se concentra en el departamento de Pando en Bolivia. Aplica la metodología non-survey de regionalización de matrices insumo producto, a una clasificación adecuada de activos y recursos ambientales, para obtener el Producto Interno Bruto (PIB) ambientalmente ajustado del mencionado departamento, cuya desagregación según ingreso permite la estimación cuantitativa del aporte de la naturaleza en la generación del producto e ingreso departamental, medida a través del cálculo de la renta de los recursos naturales. Los resultados de la investigación también confirman la dependencia económica de Pando, respecto de los recursos naturales, al cuantificar su alto grado de apertura hacia mercados externos al departamento, superior al nacional y constituirse en exportador neto de recursos naturales.
    Keywords: Q56 ; R11 ; R15 ; ddc:330 ; Cuentas Ambientales ; Cuentas Regionales ; Matriz Insumo Producto ; Bolivia
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 8
    facet.materialart.
    Unknown
    Ciudad de México: Banco de México
    Publication Date: 2018-07-03
    Description: In stratified sampling there are designs with one unit selected per stratum or when one is willing to make estimations on unplanned domains with one unit in some strata. In these cases the variance is generally estimated by the collapsed strata method, which requires identification of the strata to be collapsed previous to variance estimation. This can be quite complex in surveys with a lot of strata or variables to estimate. In this article we propose an alternative method by means of two ratio estimators based on strata means obtained from jackknife subsamples, which are easy to compute without collapsing strata. The estimators are biased and we build the expressions for them, together with their sample estimators. Some examples are given, among them, estimations with data from the Mexican employment survey and poverty measures.
    Keywords: C80 ; C83 ; ddc:330 ; Ratio estimator ; Resampling ; Variance estimation ; Confidence interval ; Subpopulations ; Collapsed strata
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 9
    Publication Date: 2018-07-03
    Description: In this study we use data on the productive structure of Mexican states to compute a measure of economic complexity for each, as well as for each economic activity conducted there. The results show that the states differ in terms of the economic activities in which they specialize and, therefore, also in terms of their economic complexity. As previous studies have shown, at an international level, there is evidence to affirm that the measure of economic complexity is relevant in explaining the observed economic disparities, since it is positively related to both the levels of wealth and the growth rates of the states.
    Keywords: O10 ; O14 ; O47 ; ddc:330 ; Diversity ; Ubiquity ; Complexity ; Economic Growth
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 10
    Publication Date: 2018-07-03
    Description: This document studies the recent evolution of the break-even-inflation implicit in the yields of long-term financial instruments in Mexico. In particular, it analyzes the dynamics of its main components: the long-run inflation expectation and the inflationary risk premium, which are estimated by means of an affine term structure model of interest rates. The results show that the gradual reduction registered in such compensation in the last years is the result of the decrease showed by both components. This reflects, on the one hand, the progressive convergence of the estimated inflation expectation to Banco de México's inflation target as well as its anchoring and, on the other hand, that nominal-bond holders have required a lower hedging against future inflation, possibly, as a reflection of a lower risk perception associated to it.
    Keywords: E31 ; E43 ; E52 ; G12 ; ddc:330 ; Inflation ; Break-even-inflation ; Inflation expectation ; Inflationary risk premium
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 11
    Publication Date: 2018-11-19
    Description: Los países de América Latina y el Caribe estan afectados por eventos climáticos extremos. En República Dominicana, Ecuador y Bolivia existe un incremento en el riesgo a sucesos extremos en general y a inundaciones en particular. El objetivo de este estudio es comparar los Sistemas de Alerta Temprana (SATs) para inundaciones, identificar los problemas, las lecciones aprendidas y a partir de ello hacer recomendaciones. Con este fin , se analizaron los indicadores relacionados a inundaciones y SATs. Desde septiembre de 2014 hasta julio de 2015, se realizaron 32 entrevistas estructuradas a los más destacados actores, de las principales instituciones, a nivel local y nacional. Encontramos que existen sistemas de monitoreo sólidos, y por ello, se ha trabajado en la mayoría de los casos fortaleciendo la parte técnica y de pronósticos para inundaciones. Sin embargo, en los tres países todavía existe una brecha entre el pronóstico técnico y la comunicación/respuesta de la comunidad. La diferencia entre un fenómeno natural y un desastre puede ser un Sistema de Alerta Temprana, que tome como eje central la participación de las comunidades y la coordinación con las autoridades. Es necesario fortalecer los SATs que existen localmente dando a las comunidades herramientas necesarias y coordinando los sistemas locales y nacionales para dar una alerta, reacción y acción oportunas.
    Keywords: Q54 ; Q51 ; Q52 ; ddc:330 ; Sistemas de Alerta Temprana ; inundaciones ; Bolivia ; Ecuador ; República Dominicana
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 12
    Publication Date: 2018-11-19
    Description: Este documento de investigación estima las emisiones netas de carbono provenientes del cambio en el uso de tierra en Bolivia durante los periodos 1990 - 2000 y 2000 - 2010 utilizando un modelo de contabilidad de carbono que incluye deforestación, degradación de bosques, regeneración de bosques, descomposición y recomposición gradual de carbono, así como la heterogeneidad de los contenidos de carbono sobresuelo y bajo-tierra en una grilla de 10 por 10 km. El enfoque permite elaborar mapas detallados de emisiones netas por región y por tipo de vegetación. Se estima que las emisiones netas de CO2 provenientes del cambio en el uso de tierra en Bolivia incrementaron de 65 millones de toneladas por año durante 1990-2000 a 93 millones de toneladas por año durante la década del 2000-2010, aproximadamente. Se encontró que las emisiones de CO2 per cápita y por unidad de PIB se mantienen estables entre los periodos señalados. Sin embargo, si se considera la evidencia de un incremento de la biomasa en bosques maduros, las emisiones netas de CO2 descienden hasta cerca de cero.
    Keywords: Q23 ; Q24 ; ddc:330 ; Deforestación ; regeneración de bosques ; emisiones de carbono ; modelo de contabilidad de carbono ; Bolivia
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 13
    Publication Date: 2018-07-03
    Description: We construct inflation pressure indicators based on the long-run relationship that exists between monetary aggregates and prices, once it is adequately adjusted to account for the scale of transactions, as well as the opportunity cost of holding money. To that end, an extensive long-run econometric analysis of money demand is carried out for Mexico using the monetary aggregate M1. Based on it, two indicators are calculated, the money gap and the m* indicator. Such gap measures deviations of real M1 from its relationship with its long-run determinants. The m* indicator is based on the estimation of the price index which is congruent with the quantity of M1 in the economy once it is adjusted for the long-run tendency of its determinants considering its long-run coefficients. Our results indicate that monetary policy has been congruent with the inflation target of Banco de México.
    Keywords: C22 ; C32 ; E31 ; E41 ; E51 ; ddc:330 ; money demand ; inflation ; money gap ; autoregressive distributed lag model ; cointegration ; general-to-specific ; stability ; structural change
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 14
    Publication Date: 2018-07-03
    Description: We calculate the short-run effect that the construction of the 230km-long Durango-Mazatlán highway in 2013 and of the 290km-long Mexico City-Tuxpan highway in 2014 produced on market-access in every location in Mexico. Our estimates suggest that the former highway produced benefits not only in the region where the new highway is located, but in vast regions in the north of the country. Analogous estimates show that the latter highway mostly benefited regions near Tuxpan, but these focalized benefits were larger than any of the benefits derived from the construction of the Durango-Mazatlán highway.
    Keywords: R4 ; F1 ; H5 ; ddc:330 ; infrastructure ; market access ; transport costs
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 15
    Publication Date: 2018-07-03
    Description: This research presents a methodology to identify regional clusters based on the estimation of location's coefficients and measures of spatial autocorrelation. Local Moran I index is used as a measure of spatial autocorrelation, which allows to obtain a more varied typology of regional clusters. The methodology was applied to both the Mexican manufacturing industry as a whole, and its partition in 14 industry groups for 1993 and 2008. The results indicate the existence of heterogeneity in regional patterns of agglomeration of manufacturing activity at the aggregate level and at group level. It is shown that the process of relocation of manufacturing industry that occurred after the entry into force of the North American Free Trade Agreement (NAFTA) differentially affected the patterns of agglomeration of activity in different regions of the country.
    Keywords: L60 ; R11 ; R12 ; ddc:330 ; Spatial autocorrelation ; Location coefficient ; Regional clusters ; Manufacturing
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 16
    Publication Date: 2018-07-03
    Description: This paper presents an econometric analysis of the demand for the monetary aggregate M1 in Mexico. Using cointegration techniques, we identify both a stable long-run relationship between M1 and its determinants, and a statistically sound single-equation error-correction model. Results are used to carry out the following simple applications: (1) empirical determination of the value and stability of dual inflationary equilibria, given the observed seigniorage levels; (2) calculation of the seigniorage maximizing inflation rate, and (3) analysis of the potential relationship between a measure of excess money and inflation. Results indicate that the low inflation equilibrium is stable, and that the excess money indicator shows, in retrospective, some capacity in predicting inflationary pressures.
    Keywords: C22 ; C32 ; E31 ; E41 ; H62 ; ddc:330 ; demand for money ; seigniorage ; inflation ; dual inflationary equilibria ; cointegration ; general to specific ; money gap
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 17
    Publication Date: 2018-07-03
    Description: A tool that has been widely used to identify the state of financial conditions in a country are the financial conditions indexes, since they synthesize information from different variables in a single indicator allowing to identify the general behavior of financial conditions in a timely and condensed manner. In this paper we construct and analyze a Financial Conditions Index (FCI) for Mexico that allows to capture diverse episodes of financial stress and to know the main factors behind movements in financial conditions. The results show that this FCI adequately captures moments of astringency in financial markets in Mexico such as the financial crisis of 2008-2009, the crisis in Europe in mid-2011, the beginning of the "tapering talk" in the United States in the second half of 2013, among others. Keywords: Financial conditions index, principal components, Mexico
    Keywords: G1 ; G10 ; G14 ; G15 ; G19 ; ddc:330 ; financial conditions index ; principal components ; Mexico
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 18
    Publication Date: 2018-07-03
    Description: During the 2000s, recurrent food price shocks due to volatility in international markets and extreme weather events affected consumption and nutritional patterns of Mexican urban households. This research quantifies the impacts of food price shocks on the purchase of nutrients and on the weight gain of children in urban Mexican households. We find differentiated patterns of food consumption across income quintiles, which result in heterogeneous effects of price shocks on the purchase of nutrients and on weight gain according to age and sex in children. In particular, cereal price shocks are more detrimental and more regressive than price shocks on other categories like meats or beverages.
    Keywords: D12 ; C31 ; O12 ; ddc:330 ; Food price elasticities ; Nutrient elasticities ; Food security ; Nutrition ; Welfare
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 19
    facet.materialart.
    Unknown
    La Paz: Institute for Advanced Development Studies (INESAD)
    Publication Date: 2018-11-19
    Description: ¿Ayuda la existencia de recursos extractivos a la formación de recursos humanos, concretamente a la formación técnica? La evidencia empírica es poco concluyente. Para el caso de Bolivia se muestra que la actividad extractiva sin agregación de valor, no genera demanda por personas calificadas y por tanto no emite señales claras hacia el sistema educativo para formar este tipo de profesionales, aunque existan los recursos para ello. Por otra parte, la conformación del sistema educativo en medio de pugnas de grupos de poder en educación primaria y secundaria, donde el Estado históricamente no pudo asumir el rol de Principal en la formulación y manejo de la política educativa, desembocaron en la situación de descuido de la formación para el trabajo. La desconexión histórica de la política de desarrollo de la política educativa parece ser la principal explicación para la situación actual de la educación técnica en Bolivia.
    Keywords: D71 ; I2 ; Q32 ; ddc:330 ; Formación Técnica ; Capital Humano ; Extractivismo ; Historia Económica ; Desarrollo Económico ; Teoría Principal Agente ; Bolivia
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 20
    facet.materialart.
    Unknown
    La Paz: Institute for Advanced Development Studies (INESAD)
    Publication Date: 2018-11-19
    Description: En la investigación se desarrolla un juego, dentro de la línea de economía experimental, utilizando un esquema de utilidad esperada, que es aplicado a 108 participantes. En particular, se busca evaluar la premisa de que, frente a un escenario de incertidumbre sobre las habilidades de los trabajadores a contratar, los empleadores escogen políticas de flexibilidad laboral a aquellas de protección, y que cuando no existe la opción de contratos flexibles, la creación de empleos se reduce. Los resultados muestran que en el 79,3% de las respuestas válidas la política de flexibilidad es preferible, y que frente a la exclusión de esta opción, algunos de los participantes dejan de ser emprendedores - y generar empleos - para ser trabajadores.
    Keywords: C91 ; D81 ; J08 ; J89 ; ddc:330 ; economía experimental ; aversión al riesgo ; utilidad esperada ; empleo ; protección laboral ; flexibilización laboral
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 21
    facet.materialart.
    Unknown
    La Paz: Institute for Advanced Development Studies (INESAD)
    Publication Date: 2018-11-19
    Description: En la agenda pública de la sociedad cochabambina en 2015 se encuentran instalados un conjunto diverso de temáticas y problemáticas, que por transcurrir un periodo electoral son presentadas y/o expuestas a manera de propaganda por representantes políticos - oficialistas y opositores- para mostrar las cosas que se hicieron o las que no se pudieron hacerse durante los últimos años y de qué eventualmente deberían solucionarse. En este contexto, no obstante, existen eterminadas preocupaciones que son -de alguna manera compartidas con la sociedad civil cochabambina, donde destaca la referida a la marcada tendencia de enfriamiento de la economía departamental de Cochabamba respecto a otras economías departamentales, durante la última década; principalmente respecto a economías departamentales que incorporan ámbitos metropolitanos, tal cual ocurre con la economía del departamento de Cochabamba, respecto a las economías de los departamentos de La Paz y Santa Cruz de la Sierra. Sin embargo, debido a que el análisis de la producción en una economía genera sinergias si se lo analiza en forma combinada con la situación laboral -por actuar como indicador natural de la eficacia y eficiencia de las políticas económicas y sociales- es importante iniciar el presente análisis a partir de la constatación de que en el departamento de Cochabamba -y principalmente, en sus ámbitos urbanos- es recurrente durante los últimos años, la presencia de altas tasas de desempleo, pero sobre todo, la persistencia histórica de altos niveles de precariedad laboral, que verifican la existencia de evidentes problemas en el componente laboral de la producción, pero sobre todo la necesidad real de un abordaje conjunto de estas dos categorías analíticas, para efectos de integrarlas en una misma problemática y una eventual solución compartida.
    Keywords: E01 ; J21 ; R10 ; ddc:330 ; Producción ; Empleo ; Cochabamba
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 22
    facet.materialart.
    Unknown
    La Paz: Institute for Advanced Development Studies (INESAD)
    Publication Date: 2018-11-19
    Description: El presente trabajo de investigación busca contextualizar la pobreza monetaria en Bolivia y, a partir de aquí, establecer la importancia de la situación laboral de los trabajadores del hogar. Las estimaciones muestran que la pobreza ha disminuido de manera importante entre 1999 y 2012; siendo más significativo -en términos agregados- el efecto crecimiento que el de redistribución. Estos cambios pueden asociarse al mejor desempeño de los ingresos laborales; una vez que éstos representan cerca del 90% de los ingresos totales del hogar. Por último, destaca también un mayor porcentaje de miembros de la familia trabajando en los hogares no-pobres comparativamente con los pobres, y una concentración relativa de los trabajadores pobres en la producción agropecuaria y los no-pobres en los servicios sociales (educación, salud, servicios comunales y otros).
    Keywords: I32 ; J21 ; J31 ; ddc:330 ; Pobreza ; Ingreso laboral ; Ocupación
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 23
    Publication Date: 2018-11-19
    Description: Las MYPES son una parte importante de la economía nacional, los microempresarios identifican a la falta de capacitación como un factor determinante para mejorar su productividad; sin embargo, cuando se les pregunta qué tipo de capacitación necesitan, no existe consenso sobre sus necesidades. El presente estudio de caso busca mostrar la situación actual de las MYPES con respecto a sus necesidades de capacitación a través de un trabajo con la FEDEMYPE Santa Cruz. Entre las principales razones del porqué no existe consenso entre las necesidades de capacitación está la gran diversidad de las MYPES y el distanciamiento entre la oferta de capacitación brindada por instituciones gubernamentales y no gubernamentales con la demanda de capacitación de las micro y pequeñas empresas. Por otro lado, también se realizó una recapitulación de los tipos de capacitación que se socializó con la FEDEMYPE con el fin de complementar estudio.
    Keywords: J24 ; J49 ; L29 ; ddc:330 ; MYPE ; microempresa ; capacitación ; pequeña empresa ; informalidad ; habilidades ; microempresarios ; emprendedores ; habilidades productivas ; habilidades administrativas ; habilidades gerenciales
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 24
    Publication Date: 2018-11-19
    Description: El propósito de este documento es coadyuvar a hacer un uso sostenible del agua en las ciudades de La Paz y el Alto, identificando los puntos donde la economía de estas ciudades ejerce mayor presión sobre este recurso y las necesidades de intervención. Con este fin, hicimos una radiografía actual (2011) de los flujos físicos y monetarios relacionados al agua en estas ciudades y una revisión de fuentes de suministro de la última década. Empleamos la metodología del sistema de cuentas ambientales y económicas para el agua (SCAE-Agua) elaborado por las Naciones Unidas (2012) que permite la contabilización y relación de flujos de agua en términos físicos y monetarios. Los resultados muestran que se pierde en promedio más del 45% de agua en procesos de abducción, tratamiento y distribución. Por otro lado, los residentes de la ciudad de La Paz pagan 40% más por litro de agua desde el año 2007 que los de El Alto, donde se observa una mayor subvención de este recurso y un menor consumo industrial facturado. A pesar de que la principal fuente de agua para estas ciudades es la lluvia, no existen programas coordinados de cosecha de aguas, ni una estrategia de protección de reservorios naturales de este recurso.
    Keywords: Q25 ; Q51 ; ddc:330 ; SCAE ; SCAE-Agua ; Bolivia ; Pérdidas de Agua
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 25
    Publication Date: 2018-07-03
    Description: In this research we develop generalized diffusion indexes for the Mexican state and sectorial economic activity. These indexes summarize the dynamics of the local cycles in a way that they are consistent with the aggregate economic activity. The proposed index includes three dimensions of the local dynamic activity: i) the variation of local cycles (positive or negative), ii) the magnitude of these variations and iii) the weight of local components (states and/or sectors) on the aggregate economic activity. The main contribution of these indexes is that they admit sub-aggregations of regions and/or sectors that are more precise and informative than their counterparts. We show two applications. In the first one, we develop the generalized diffusion index for the Mexican economy using state economic coincident indexes. In the second one, we create a diffusion index of the state and sectorial economic activity using the State Quarterly Indicator of Economic Activity (ITAEE by its Spanish acronym) produced by INEGI.
    Keywords: C1 ; C5 ; E3 ; ddc:330 ; Diffusion index ; Coincident indexes ; Economic cycles ; Monitoring
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 26
    Publication Date: 2018-07-03
    Description: In the estimation of proportions using simple random sampling, the maximum value of the variance can be used to compute the sample size when there is no information of the variable of interest. We extend this result to the estimation of proportions under two-stage cluster sampling with equal sizes, showing the expression for the maximum variance. As a by-product it is immediate to obtain bounds for the design effect and the coefficient of variation of the proportion estimator. Some examples are given related to the computation of the bounds.
    Keywords: C80 ; C83 ; ddc:330 ; Maximum variance ; Sample size ; Design effect ; Coefficient of variation
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 27
    Publication Date: 2018-07-03
    Description: The aim of this paper is to make imputations of earnings to observations with missing earnings in the Encuesta Nacional de Ocupaciones y Empleo (ENOE). We present imputations by two methods and also a correction of estimations by reweighting observations with reported earnings. Then, we analyze the possible bias in estimations of mincer equations and labor poverty derived from ignoring observations with missing earnings. The results show that when missing earnings are not considered in estimations, there are differences in the parameters that define the relationship between the human capital level and earnings, as well as those that describe the determinants of labor poverty, compared to the results obtained from estimations that consider all observations. Differences are more significant when we analyze labor poverty.
    Keywords: C18 ; C81 ; D10 ; J24 ; ddc:330 ; imputations ; earnings ; human capital ; labor poverty ; matching
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 28
    Publication Date: 2018-07-03
    Description: In order to create an environment of low and stable inflation in Mexico it has been necessary to generate a framework for the conduction of monetary policy focused on price stability along with fiscal discipline. This paper describes some structural achievements to control inflation that have been attained in Mexico. In addition, it shows empirical evidence in favor of the anchoring of inflation expectations, particularly those for the medium and long term, being recently strengthened. Considering three episodes, within the period 2004-2012, in which inflation was subject to different supply shocks, it finds that during the episode in 2012 inflation expectations showed greater stability. Results show that the response from inflation expectations to supply shocks has diminished over time, up to values that are not significantly different from zero. This suggests a strengthening of the credibility of the Bank of Mexico's commitment to price stability.
    Keywords: E52 ; E58 ; E65 ; ddc:330 ; inflation expectations ; anchoring inflation expectations ; cost-push shocks
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 29
    Publication Date: 2018-11-19
    Keywords: I14 ; I24 ; I32 ; I38 ; J13 ; J16 ; J71 ; G20 ; G21 ; ddc:330
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 30
    Publication Date: 2018-11-19
    Keywords: A12 ; Q32 ; Z10 ; ddc:330
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 31
    Publication Date: 2018-11-19
    Keywords: D13 ; I32 ; O54 ; ddc:330
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 32
    facet.materialart.
    Unknown
    La Paz: Institute for Advanced Development Studies (INESAD)
    Publication Date: 2018-11-19
    Description: Este estudio analiza los desafíos que confronta el sistema educativo boliviano, que son necesarios abordar para que el país pueda reducir las brechas existentes en relación a los demás países de la región, que han alcanzado un mayor desarrollo y bienestar. Bolivia presenta brechas significativas en cuanto al nivel educativo alcanzado por la población, a la cobertura y calidad del sistema educativo, a los recursos que asigna en Estado a la educación, en términos de recursos humanos, físicos y gasto público. También se presentan brechas internas en el acceso a la educación a nivel regional y de género. La bonanza económica que ha disfrutado el país en los últimos años ha aumentado los recursos que se asignan al sector y mejorar algunos indicadores. Sin embargo, el sistema educativo Boliviano todavía presenta retos significativos que debe enfrentarlos en el futuro para que el sistema educativo permita en forma efectiva, mejorar el nivel de vida de la población.
    Keywords: I21 ; I28 ; ddc:330 ; Educación Bolivia ; Bildungswesen ; Bildungsstatistik ; Bildungspolitik ; Entwicklungspolitik ; Armutsbekämpfung ; Bolivien
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 33
    Publication Date: 2018-07-03
    Description: The purpose of this paper is to show that an affine model which incorporates the condition of no arbitrage enables improvements in forecasting the term structure of interest rates in Mexico. The three factors of the yield curve (level, slope and curvature) used in the model are estimated by the method of principal components. The forecasting model is specified as a linear relationship between each of the interest rates and these factors, for maturities of 1 to 60 months. Affine model predictions are compared with four benchmark models: a forward rate, an AR(1), a VAR(1), and a random walk model. The main finding is that the affine model has a performance comparable to benchmark models for horizons of 12 and 18 months, except for the random walk model. However, improving its forecasting performance for the 24-month horizon, and especially for 60-month maturities.
    Keywords: G12 ; E43 ; C12 ; C53 ; ddc:330 ; Affine Model ; Forecasts ; Yield Curve ; Principal Components ; Condition of no Arbitrage
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 34
    Publication Date: 2018-07-03
    Description: This study decomposes both the labor productivity gap and the labor productivity growth into the contributions of technical efficiency, capital deepening and technological change for Mexican manufacturing at the regional level. In order to do so, we apply a methodology that combines two literatures: the nonparametric construction of production frontiers and the general decomposition approach developed by Shorrocks (2012) which is based on the Shapley value. The results indicate that regional differences in labor productivity are mainly attributed to technical efficiency, and, to a lesser extent, to regional differences in capital deepening. Moreover, labor productivity growth was not homogeneous across regions over the period 1998-2008. In both the north and the south, the increase in labor productivity was mainly driven by technical efficiency, while technological change was the most influential factor on labor productivity growth in the central regions.
    Keywords: J24 ; L60 ; R1 ; ddc:330 ; Capital intensity ; Labor productivity ; Technical efficiency ; Technological change ; Manufacturing ; Shapley value
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 35
    Publication Date: 2018-07-03
    Description: This paper analyzes the adjustment strategies used by some Mexican firms to face supply and demand shocks. The information is provided by a survey carried out in 2012 by Banco de M'exico among 1,138 firms from different sectors. The results show that the response of firms to both types of shocks is not symmetrical in general, and that firms react to these shocks combining adjustment strategies (mostly choosing to reduce costs) to smooth the pass-through to prices and production. Stronger competition makes firms use the adjustment strategies more intensively, and it encourages price flexibility. For all shocks, the costs more likely to be reduced are non-labor costs, followed by temporary employment. A high degree of competition and a high labor share make the pass-through of shocks to employment stronger. On the other hand, collective wage agreements smooth this pass-through. Nominal wage rigidity is evident in the presence of any shock.
    Keywords: J30 ; J31 ; D21 ; D22 ; E3 ; ddc:330 ; firms survey ; price, cost, wage, and employment adjustment ; supply and demand shocks ; competition ; Wage Dynamics Network (WDN)
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 36
    Publication Date: 2018-07-03
    Description: Economic literature had shown the existence of the interrelationship between the financial decisions of the firms and their competitive decisions; either by convenience or by data availability, most of empiric papers addressed separately the influence of both kinds of decisions over firm performance. With it, this paper through a cross-section model, which uses information of around 3,900 enterprises in 14 Iberoamerican countries, explores jointly the possible effects of both kinds of decisions of the firms (financial and competitive) over their performance. The results suggest the existence of differences in the relationships between variables accordingly the market competition intensity. Also the results suggest that the financial decisions of the firms could be used as an additional tool of the competitive strategy of the firms.
    Keywords: G32 ; L20 ; ddc:330 ; indebtedness ; trade credit ; competition ; firm performance
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 37
    Publication Date: 2018-07-03
    Description: In this paper, we study various key structural features of sugarcane production and sugar mills in Mexico. Regarding the production of sugarcane: (a) we document a U-shaped relationship between the size of sugarcane cultivation plots and their yield, and show suggestive evidence that this relationship is driven by the more intensive use of inputs in smaller and larger plots relative to those of medium size; (b) we argue that there are factors that complicate the functioning of the land market; and (c) we present evidence refuting the conjecture that the mechanism used to determine payments for sugarcane affects negatively the quality of this crop. With respect to sugar mills, we find that those mills that are able to generate electricity more efficiently tend to observe higher returns in sugar production.
    Keywords: D23 ; D24 ; L66 ; Q1 ; ddc:330 ; Sugar ; Sugar Industry ; Competitiveness ; Sugarcane ; Plot Yield ; Sugar Mill Efficiency
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 38
    Publication Date: 2018-07-03
    Description: This paper estimates the magnitude of the exchange rate pass-through to consumer prices in Mexico. Moreover, it analyzes if the pass-through dynamics have changed in recent years. In particular, it uses a methodology that generates results consistent with the hierarchy implicit in the CPI. The results suggest that the exchange rate pass-through to the general price level is low and not statistically significant. However, the pass-through is positive and significant for goods prices. Furthermore, the exchange rate pass-through declined over the 2000's and the depreciation observed in 2011 did not change this trajectory.
    Keywords: E31 ; F31 ; F41 ; ddc:330 ; Depreciation ; Inflation ; Exchange Rate Pass-through
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 39
    Publication Date: 2018-07-03
    Description: In the firm's competitive strategy act together their financial decision and their decisions in the product markets. Even if in the last three decades the theoretical and empirical literature has growth, still are topics few explored. One of them is the relationship between firm's asset specificity, as a characteristic of the competitive environment, and their indebtedness as competitive tool. This paper tries answer if additionally to the level of specificity in the firm's assets the corporations use their indebtedness as another tool in their competitive strategy. The results show that the asset specificity influences in different way the firms' debt, the effect differs accordingly at the debt' maturity and the competitive environment faced.
    Keywords: G32 ; L10 ; ddc:330 ; Asset specificity ; Indebtedness ; Competitive strategy
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 40
    facet.materialart.
    Unknown
    La Paz: Institute for Advanced Development Studies (INESAD)
    Publication Date: 2018-11-19
    Description: The following study starts by understanding poverty as a multi-dimensional phenomenom, from which a comparison of poverty measurement between unidimensional and multi-dimensional methods is made. The best way of operating a multiplicity of dimensions is addressed; besides we also take into account the methodological differentiation of spaces by means of a second round of identification of surrounding poverty. The dimensions analyzed are: education, health, life quality, inequality, discrimination and social participation. The results show changes on the bolivian poverty profile against those calculated by only the per capita income, thus, showing a face of poverty that has never been seen or considered before.
    Keywords: I32 ; I39 ; I31 ; D63 ; ddc:330
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 41
    facet.materialart.
    Unknown
    La Paz: Institute for Advanced Development Studies (INESAD)
    Publication Date: 2018-11-19
    Keywords: H75 ; ddc:330
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 42
    Publication Date: 2018-07-03
    Description: This paper introduces an indicator of consumers' inflation expectations based on data from the National Consumer Confidence Survey of Mexico (ENCO, in Spanish), and tests its predictive power over CPI inflation and other measures of inflation that correspond to smaller baskets of consumer goods, for periods that range from 1 to 12 months. Our findings show that between January 2003 and September 2010, the predictive capability of the indicator over the different measures of inflation used was weak. Due to a modification in the survey questionnaire in October 2010, as of that date we observe a significant change in the responses and, thus, in the behavior of the indicator of consumers' inflation expectations. For this reason, from October 2010 on the main use of this indicator is to be a reference of consumers' confidence in price stability.
    Keywords: C14 ; E31 ; E58 ; ddc:330 ; CPI inflation ; consumers' inflation expectations ; household surveys ; consumer surveys ; consumer confidence surveys ; ENCO ; Verbraucherpreisindex ; Inflationserwartung ; Verbraucher ; Mexiko
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 43
    facet.materialart.
    Unknown
    Ciudad de México: Banco de México
    Publication Date: 2018-07-03
    Description: This paper presents an analysis of the expected inflation distribution based on the surveys made to economic analysts in the private sector, by Banco de México. Conceptually, the analysis can be divided into three aspects: level, dispersion, and skewness, of expected inflation. It is anticipated that the behavior of these aspects will be consistent with the process of inflation convergence to its target, in the sense that the expected inflation level and dispersion, and the probability of observing a sizable realization of inflation have been diminishing, as the cited process has taken place. Additionally, first, a model is presented in which agents face a cost when they update their in ation expectation. This model explains some of the facts seen in inflation expectation dispersion. In the model, the decrease in the dispersion is consistent with an increase in the frequency with which the agents update their inflation expectation, as observed in the data. Second, under an event-study framework the respond of upside risks of inflation expectations to the approval of the Income Law is analyzed. The results suggest that once the cited law is approved, on average there is a decrease in such risks.
    Keywords: E31 ; D84 ; ddc:330 ; Inflation ; Expectations ; Expected Inflation ; Inflationserwartung ; Mexiko
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 44
    Publication Date: 2018-07-03
    Description: In this document we analyze the evidence of daily seasonality found in the weekly price variations of food, beverages, and tobacco in the Metropolitan Area of Mexico City. Our research is based on the daily price quotes of 2,724 goods, collected by Banco de México for the Consumer Price Index (CPI), in 434 commercial establishments between March 2009 and June 2010. We identify the weekday with the lowest weekly variation in prices, and find that it differs across products, types of commercial establishment, and supermarket chains. Moreover, we find that such a day of the week effect increases the volatility of the weekly variations of price quotes. These results establish the day of the week among the distinct characteristics of a price, a fact that must be taken into account while preparing calendars for CPI data collection.
    Keywords: B4 ; D4 ; L16 ; L81 ; ddc:330 ; daily prices ; retail sales ; seasonal price patterns ; dynamic pricing policies ; CPI methodologies ; Einzelhandel ; Einzelhandelspreispolitik ; Verbraucherpreisindex ; Saisonschwankung ; Mexiko-Stadt
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 45
    facet.materialart.
    Unknown
    Ciudad de México: Banco de México
    Publication Date: 2018-07-03
    Description: This article presents three methods to estimate the logarithm of monthly real GDP in Mexico from the Global Indicator of Economic Activity (IGAE): (1) a deterministic approach using the IGAE growth rate; (2) an extension of Denton method; and, (3) the Kalman filter. In these methods the monthly GDP is regarded as an unobservable variable that is approximated using only the IGAE. Results suggest that the method based on the Kalman filter seems to fit better the observed data of quarterly GDP under several error measures. By analyzing different estimation periods it was found that the parameters corresponding to the filter remained relatively stable over the period of study. Therefore, this method was used to perform out-of-sample forecasts.
    Keywords: C22 ; D24 ; E23 ; E27 ; ddc:330 ; Gross Domestic Product ; Global Indicator of Economic Activity ; Kalman Filter ; Denton Method ; Forecasts ; Sozialprodukt ; Wirtschaftsindikator ; Zustandsraummodell ; Mexiko
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 46
    Publication Date: 2018-07-03
    Description: In this paper we analyze the synchronization between the business cycles of US and Mexican regions. Regional economic activity in Mexico is measured using regional coincident indexes recently developed at Banco de México, while US aggregate economic activity is measured with the national coincident index of the Federal Reserve Bank of Philadelphia. The framework for the empirical analysis is the structural linear times series model. We find a regional pattern in the covariance between cyclical disturbances in the US and in the Mexican regions: it is higher in the Northern than in the Central and Southern regions of the country. We also find that the elasticity of Mexican regional economic activity with respect to the US's aggregate economic activity exhibits a similar pattern. Moreover, while the variance of the business cycles in the Northern, North-Central, and Central regions is mostly associated with shocks to the US economy, in the Southern region it is mostly related to specific shocks to the Mexican economy.
    Keywords: E32 ; E37 ; R11 ; ddc:330 ; business cycles ; coincident indexes ; co-movement ; Mexico ; United States ; Konjunkturzusammenhang ; USA ; Mexiko
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 47
    facet.materialart.
    Unknown
    Ciudad de México: Banco de México
    Publication Date: 2018-07-03
    Description: The estimation of the sample size is a crucial part of the planning process of a survey and it can be accomplished in different ways, some of them require information not available or that may be obtained with a substantial cost. The estimation of the sample size can be done by using the design effect estimator proposed by Kish. This estimator is also used as an efficiency measure for a probability sampling plan and to build confidence intervals. Even though the design effect estimator is widely used in practice, little is known about its statistical properties and there are no variance estimators available. In this paper we show that the design effect estimator is biased, we give an expression for an upper bound to the ratio of the bias to the standard error and a method to estimate the variance. With these elements it is possible to improve the precision of the estimators during the planning and estimation stage of a survey. This also results in a better resource allocation during the planning stage of a survey.
    Keywords: C80 ; C83 ; ddc:330 ; Ratio estimator ; Design effect ; Variance of variances ; Sample size ; Coefficient of variation ; Resampling method ; Confidence interval
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 48
    facet.materialart.
    Unknown
    La Paz: Institute for Advanced Development Studies (INESAD)
    Publication Date: 2018-11-19
    Description: La investigación analiza el desempeño de las exportaciones en Bolivia a la luz de los empleos que genera, directos e indirectos, con los siguientes resultados destacables: i) la creación de fuentes laborales se ha concentrado en los bienes no tradicionales ya que son intensivos en este factor de producción; ii) el buen desempeño del volumen de ventas al exterior en 1999-2010 posibilitó el incremento de la mano de obra derivada, empero con tasas modestas; iii) Los socios de la Comunidad Andina de Naciones (CAN) ?Colombia, Ecuador y Perú? han sido los más importantes en términos de creación de empleos; mientras que el MERCOSUR, principalmente Brasil, se destaca con la mayor participación en las exportaciones; y iv) la caída de los empleos derivados de las menores exportaciones a Estados Unidos en los últimos años ha sido significativa, aunque parte de esta disminución habría sido compensada con las mayores ventas a Venezuela en el marco de los compromisos con Bolivia.
    Description: This paper analyzes Bolivian exports focusing on their jobs results. We find that: i) employment created by exports is mainly explained by untraditional goods exports, given that they are labor intensive; ii) the high rate of exports growth during 1999-2010 generated more jobs, however, with modest rates of growth; iii) the Andean Community of Nations (CAN) members - Colombia, Ecuador and Peru - have been the most important countries for generating jobs, while MERCOSUR, mainly Brazil, stands out by its corresponding export values; and iv) during the last years, the lower exports to U.S. has had a negative and significant impact on employment, although part of this has been offset by selling more to Venezuela, as part of special commitments.
    Keywords: F01 ; F16 ; J29 ; ddc:330 ; Exportaciones ; Empleo ; Bolivia ; Exports ; Employment ; Bolivia ; Export ; Beschäftigung ; Bolivien
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 49
    Publication Date: 2018-11-19
    Description: Bolivia tiene un gran potencial para mitigar el cambio climático a través de la reducción de la deforestación. Mientras que las posibles complicaciones han sido intensamente debatidas, se ha realizado poco análisis cuantitativo al respecto. Introducimos el modelo OSIRIS-Bolivia con el fin de crear una base cuantitativa para la toma de decisiones. OSIRIS-Bolivia es una herramienta en Excel capaz de analizar los efectos de los incentivos REDD en Bolivia. Esta herramienta está basada en un modelo econométrico-espacial de la deforestación en el periodo 2001-2005, y usa información sobre cobertura forestal, tasas de deforestación, condiciones geográficas, y causantes de la deforestación, como los costos de oportunidad agrícolas, para más de 120.000 píxeles en todo el país. Se trata de un modelo de equilibrio parcial, en el sentido que toma en cuenta el hecho de que reducciones en la deforestación en un lugar causarán una reducción en la oferta de productos agrícolas, que a su vez hará subir los precios agrícolas y aumentará la presión para deforestar en otro lugar (fugas de carbono). El modelo nos puede ayudar a resolver preguntas como: ¿Dónde es más probable que funcione REDD? ¿Cuánto dinero necesitamos para reducir la deforestación en cierto porcentaje? ¿Cuáles son los potenciales problemas de REDD?
    Keywords: Q21 ; Q56 ; ddc:330 ; Deforestación ; REDD ; Bolivia ; simulación ; impactos ; Entwaldung ; Umweltbelastung ; Bolivien
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 50
    Publication Date: 2018-11-19
    Description: El estudio analiza el empleo en las empresas manufactureras registradas bolivianas durante 1988-2007, estableciendo su relación con la regulación laboral a partir de indicadores de flujos y funciones de demanda. Los flujos de empleo muestran que las empresas con altas tasas de trabajadores temporales, comparativamente con aquellos permanentes asalariados, asociadas a menos costos derivados de la regulación, tienen las mayores tasas de reasignación y de crecimiento neto del empleo. Estas firmas fueron las únicas que contribuyeron con la creación de fuentes laborales en la crisis económica (1998- 1999). Las estimaciones de las funciones de demanda muestran que el incremento compulsorio del salario básico durante 2006-2009 y los mayores costos derivados de la nueva ley de pensiones habrían conducido a costos sociales en términos de pérdidas de empleos, siendo mayores para los obreros que para los restantes trabajadores. Además, las políticas de protección laboral también habrían afectado negativamente la demanda por obreros.
    Keywords: D24 ; J01 ; J23 ; K31 ; ddc:330 ; Flujos de Empleo ; Demanda Laboral ; Regulación Laboral ; Bolivia ; Industrielle Beschäftigung ; Arbeitsmarktpolitik ; Bolivien
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 51
    Publication Date: 2018-07-03
    Description: In this paper we introduce two general non-parametric first-order stationary time-series models for which marginal (invariant) and transition distributions are expressed as infinite-dimensional mixtures. That feature makes them the first Bayesian stationary fully non-parametric models developed so far. We draw on the discussion of using stationary models in practice, as a motivation, and advocate the view that exible (non-parametric) stationary models might be a source for reliable inferences and predictions. It will be noticed that our models adequately fit in the Bayesian inference framework due to a suitable representation theorem. A stationary scale-mixture model is developed as a particular case along with a computational strategy for posterior inference and predictions. The usefulness of that model is illustrated with the analysis of Euro/USD exchange rate log-returns.
    Keywords: C11 ; C14 ; C15 ; C22 ; C51 ; ddc:330 ; Stationarity ; Markov processes ; Dynamic mixture models ; Random probability measures ; Conditional random probability measures ; Latent processes
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 52
    Publication Date: 2018-07-03
    Description: This paper, first, reviews briefly the literature on the term structure of interest rates, citing some of the most important studies done on the topic for the Mexican case in the last years. In addition, the development of the government debt market is described. Second, evidence against the expectation hypothesis is shown and the deviations of the term structure from this hypothesis are examined. Third, it is documented that much of the variability of the term structure is due to changes in its level. Fourth, some of the statistics of the term structure are associated with macroeconomic variables, specifically the shortterm rate and the output gap as measured with the IGAE index. Regarding this last point, evidence is found that changes in the term structure of interest rates' slope are associated with the monetary policy stand along the business cycle. The nominal interest rates used in the analysis go from July 2002 to June 2011.
    Keywords: E43 ; G12 ; ddc:330 ; Term Structure of Interest Rates ; Expectation Hypothesis ; Principal Component Analysis ; Nominal Interest Rates ; Zinsstruktur ; Zins ; Erwartungstheorie ; Hauptkomponentenanalyse ; Mexiko
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 53
    facet.materialart.
    Unknown
    Ciudad de México: Banco de México
    Publication Date: 2018-07-03
    Description: This paper estimates private returns to education in Mexico by means of the Mincer model. The natural ability bias that the literature reports in this type of estimations is tried to be solved using the control function method. Through this method some variables relevant to wage determination are included in the model, such as natural ability index, mother's education, household infrastructure, height and health. Results suggest that the returns to education by year of schooling in Mexico are between 8.2% and 8.4 %. On the other hand, results by level of education suggest that more education is associated with higher returns. The highest return to education in both absolute and relative terms is provided by Postgraduate education followed by Graduate education. In general, results suggest that there is a convex relationship between education level and wage.
    Keywords: I21 ; J24 ; J31 ; ddc:330 ; private returns to education ; natural ability bias ; natural ability index ; mother's education ; Mexico ; Bildungsertrag ; Frauenbildung ; Mütter ; Bildungsverhalten ; Mexiko
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 54
    facet.materialart.
    Unknown
    Ciudad de México: Banco de México
    Publication Date: 2018-07-03
    Description: Following the Hotelling model of spatial competition used by Massoud and Bernhardt (2002) to analyze competition in ATM fees, in this paper we analyze the effects of banning fees on the usage of ATMs by account holders. We find that the prohibition also reduces the fees charged to non-account holders but increases fixed fees. This latter increase is on average smaller than the decrease of the former two, which leads total consumer welfare to increase. We also find that the prohibition decreases total surplus but that this decrease is absorbed by the banks' profits. The model does not consider the decision of banks to open or closedown ATMs, which we leave for future research.
    Keywords: G21 ; L51 ; D40 ; ddc:330 ; banking competition ; ATM fees ; bank regulation ; retail banking ; Electronic Banking ; Bankentgelt ; Bankenregulierung ; Privatkundengeschäft ; Räumlicher Wettbewerb ; Mexiko
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 55
    facet.materialart.
    Unknown
    Ciudad de México: Banco de México
    Publication Date: 2018-07-03
    Description: It has been found that the t-statistic for testing the null of no relationship between two independent variables diverges asymptotically under a wide variety of nonstationary data generating processes. This paper introduces a simple method which guarantees convergence of this t-statistic to a pivotal limit distribution, when there are drifts in the integrated processes generating the data, thus allowing asymptotic inference. This method can be used to distinguish a genuine relationship from a spurious one among integrated (I(1) and I(2)) processes. Simulation experiments show that the test has good properties in small samples. When applying the proposed procedure to real data (including the marriages and mortality data of Yule), we do not find (spurious) significant relationships between the variables.
    Keywords: C12 ; C15 ; C22 ; C46 ; ddc:330 ; Spurious Regression ; Integrated Process ; Detrending ; Asymptotic Theory ; Cointegration ; Monte Carlo Experiments
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 56
    Publication Date: 2018-07-03
    Description: This paper shows that the evolution of the level of Mexico real and real per capita output between 1895 and 2008 can be adequately described through a trendstationary model, affected by 4 structural breaks, which occurred at dates that seem to coincide with domestic institutional arrangements, wars, and financial and economic crises. These changes are modeled through logistic smooth transition functions, in which transition periods are endogenously estimated. In terms of growth rates, our results indicate that for Mexico real and real per capita GDP, there are four stationary growth paths, separated by three transition periods. For instance, for real GDP we identify the following stationary growth paths: 1895-1924, 1935-1952, 1956-1978, and 1989-2008, separated by three transition periods: 1925-1934, 1953-1955, and 1979-1988.
    Keywords: C12 ; C13 ; C15 ; C22 ; O47 ; O54 ; ddc:330 ; gross domestic product ; economic growth ; stationarity ; unit root ; structural break ; logistic function ; smooth transition ; Wirtschaftswachstum ; Sozialprodukt ; Strukturbruch ; Mexiko
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 57
    Publication Date: 2018-07-03
    Description: This paper analyzes the pass-through of exchange rate to different price indexes in Mexico. The analysis is based on a vector autoregressive model (VAR) using monthly data from January 1997 to December 2010. The pass-through effects are calculated by means of accumulated impulse response functions to a recursively identified exchange rate shock. The results show that the exchange rate pass-through to import prices is complete, but it declines along the distribution chain in such a way that the impact on consumer prices is below 20 percent. Moreover, we find that the exchange rate pass-through seems to have decreased substantially from 2001 onwards, which coincides with the adoption of an inflation targeting regime by Banco de Mexico.
    Keywords: E31 ; F31 ; F41 ; ddc:330 ; exchange rate pass-through ; import price ; consumer price ; distribution chain ; inflation ; Exchange Rate Pass-Through ; Preisindex ; Mexiko
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 58
    facet.materialart.
    Unknown
    La Paz: Institute for Advanced Development Studies (INESAD)
    Publication Date: 2018-11-19
    Description: This research examines the production of quinoa as an option for improving rural incomes in the Altiplano of Bolivia; due to, on one hand, the grain is aligned perfectly to the customs and traditions of work and family of the habitants of this region, on the other hand, international demand for the product has increased substantially generating good economic opportunities and better prices. Through microsimulation is observed that in the the Southern Highlands households would benefit from the production and marketing of quinoa, and may even significantly increase these revenues (decreasing poverty levels) increasing the productivity of the land or substituting other crops by it. However, in other highland areas the grain production has a modest impact in terms of income and poverty. These differences explain why just the Southern Highlands produces a variety high demand, la quinua real while in other areas the other agricultural activities are relatively more profitable alternatives.
    Keywords: J39 ; Q19 ; I39 ; ddc:330 ; Quinua ; Rural income ; Altiplano ; Bolivia ; Ländliches Einkommen ; Bolivien
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:workingPaper
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
  • 59