Related Lending and Economic Performance: Evidence from Mexico

By Noel Maurer, S. Haber. Journal Economic History, 2007

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Mexico’s experiments with bank privatization and liberalization, 1991–2003 (2005, background): “(Maurer 2002; Del Angel-Mobarak, 2002; Maurer and Haber 2004). to transfer to FOBAPROA a large number of loans that were highly unlikely to ever be repaid, as well as loans made to the bank's own directors.”
Institutions matter, but which ones? (2005, unknown): “Maurer and Haber (2004) have pointed out that the negative effects of related lending stem not from the practice itself but from the institutional context in which related lending takes place.”
Equity, efficiency and inequality traps: A research agenda (2007, background): “For example, in their studies of the Mexican financial system Haber and Kantor [37] and Haber and Maurer [38], not only document the processes whereby capture shaped institutional design, ownership and incentive structures, but explore the costs in terms of suboptimal lending and the greater vulnera”