My research interests include Financial Development, Foreign Direct Investment, International Finance, Economic Development, Applied Econometrics, Latin American Economies.
My research addresses key economic issues in developing countries with significant policy relevance. It includes the study of the interplays between macroeconomic policies and household saving behavior, financial development and the role of multinational banks in developing countries, and on different aspects of Foreign Direct Investment.
- Household Saving Behavior in Mexico: Evidence from Cross-Sectional Analysis & Synthetic Panels - PDF
- Corruption Distance and Foreign Direct Investment (joint with Xingwang Qian and Jinzhuo Zhao) - PDF
- Multinational Banks in Mexico: Growth Promoting or Rents Seeking? - Poster
The Mexican Surveys of Income and Expenditure (ENIGH) are rich data sets that can be used to enlighten important empirical questions with policy implications. I plan to continue on using these and other data, not only from Mexico but from other Developing countries, to advance our understanding on the effects of financial liberalization on households and the ultimate effect on economic growth. Within this eclectic framework, I have work in progress on the role of multinational banks in the Mexican Economy; I plan to extend the analysis to developing countries.
On a second line of research interest, I want to uncover the determinants of FDI outflows from China to Latin America. Is it driven by China's appetite for the region's natural resources and planned systematically by Chinese government? Or is it driven by the conventional determinants of FDI? On FDI and Institutional quality, I am in the process of collecting a unique data set at state level in Mexico to study the effects of violent crime on FDI. Due to the paucity of good quality data, there is hardly any research on this issue. These projects would keep me busy for the foreseeable future.