The effect of coca and FDI on the level of corruption in Bolivia
Miércoles, 28 mayo 2014
This paper written by Antonio N. Bojanic analyzes the causes of corruption in contemporary Bolivia. It argues that, along with the well-documented observation that richer countries tend, on average, to be less corrupt than poorer ones, corruption is directly dependent on FDI inflows, with higher levels of FDI associated with lower levels of corruption and
- Published in Revistas CIDE
Market discipline: a review of the Mexican deposit market
Martes, 15 abril 2014
This paper written by Edgar Demetrio Tovar-García, studies the mechanisms of market discipline in the Mexican deposit market. It tests the hypothesis that low-quality banks pay higher interest rates on deposits, receive fewer deposits, and shift their deposit agreements from long to short term. This hypothesis was assessed with positive evidence in Mexico during the period
- Published in Revistas CIDE