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  1. Gabriel Montes Rojas

portrait of Professor Gabriel Montes Rojas

Professor Gabriel Montes Rojas


School of Arts and Social Sciences, Department of Economics

Contact Information


Visit Gabriel Montes Rojas

D316, Rhind Building


Postal Address

City, University of London
Northampton Square
United Kingdom



  1. Montes-Rojas, G.V. (2013). Nonparametric estimation of ATE and QTE: An application of fractile graphical analysis. Econometrics: New Research (pp. 187–215). ISBN 978-1-61942-005-2.

Internet Publication

  1. Jafarey, S., Montes-Rojas, G. and Mainali, R. The Anticipation Effect of Marriage on Female Education: Theory and Evidence from Nepal..

Journal Articles (44)

  1. Mainali, R., Jafarey, S. and Montes-Rojas, G. (2017). Earnings and Caste: An Evaluation of Caste Wage Differentials in the Nepalese Labour Market. Journal of Development Studies, 53(3), pp. 396–421. doi:10.1080/00220388.2016.1189535.
  2. Galvao, A.F., Montes-Rojas, G. and Song, S. (2017). Endogeneity bias modeling using observables. Economics Letters, 152, pp. 41–45. doi:10.1016/j.econlet.2016.12.021.
  3. Montes-Rojas, G. (2016). An equicorrelation Moulton factor in the presence of arbitrary intra-cluster correlation. Economics Letters, 145, pp. 221–224. doi:10.1016/j.econlet.2016.06.022.
  4. Temizsoy, A., Iori, G. and Montes-Rojas, G. (2015). Network centrality and funding rates in the e-MID interbank market. Journal of Financial Stability . doi:10.1016/j.jfs.2016.11.003.
  5. Galvao, A.F. and Montes-Rojas, G. (2015). On the equivalence of instrumental variables estimators for linear models. Economics Letters, 134, pp. 13–15. doi:10.1016/j.econlet.2015.06.001.
  6. Temizsoy, A., Iori, G. and Montes-Rojas, G. (2015). The role of bank relationships in the interbank market. Journal of Economic Dynamics and Control, 59, pp. 118–141. doi:10.1016/j.jedc.2015.07.008.
  7. Montes-Rojas, G. and Galvao, A.F. (2014). Bayesian endogeneity bias modeling. Economics Letters, 122(1), pp. 36–39. doi:10.1016/j.econlet.2013.10.034.
  8. Galvao, A.F., Kato, K., Montes-Rojas, G. and Olmo, J. (2014). Testing linearity against threshold effects: Uniform inference in quantile regression. Annals of the Institute of Statistical Mathematics, 66(2), pp. 413–439. doi:10.1007/s10463-013-0418-9.
  9. Dentler, A., Montes-Rojas, G. and Olmo, J. (2014). Endogeneity in threshold nonlinearity tests. Communications in Statistics - Theory and Methods, 43(1), pp. 105–114. doi:10.1080/03610926.2012.655878.
  10. Zincenko, F., Sosa-Escudero, W. and Montes-Rojas, G. (2014). Robust tests for time-invariant individual heterogeneity versus dynamic state dependence. Empirical Economics, 47(4), pp. 1365–1387. doi:10.1007/s00181-013-0788-0.
  11. Acosta, P. and Montes-Rojas, G. (2014). Informal Jobs and Trade Liberalisation in Argentina. Journal of Development Studies, 50(8), pp. 1104–1118. doi:10.1080/00220388.2014.919381.
  12. Galvao, A.F., Montes-Rojas, G., Sosa-Escudero, W. and Wang, L. (2013). Tests for skewness and kurtosis in the one-way error component model. Journal of Multivariate Analysis, 122, pp. 35–52. doi:10.1016/j.jmva.2013.07.002.
  13. Cai, Y., Montes-Rojas, G. and Olmo, J. (2013). Quantile double AR time series models for financial returns. Journal of Forecasting, 32(6), pp. 551–560. doi:10.1002/for.2261.
  14. Galvao, A.F., Montes-Rojas, G. and Olmo, J. (2013). A panel data test for poverty traps. Applied Economics, 45(14), pp. 1943–1952. doi:10.1080/00036846.2011.641930.
  15. Galvao, A.F., Montes-Rojas, G. and Park, S.Y. (2013). Quantile Autoregressive Distributed Lag Model with an Application to House Price Returns. Oxford Bulletin of Economics and Statistics, 75(2), pp. 307–321. doi:10.1111/j.1468-0084.2011.00683.x.
  16. Montes-Rojas, G. (2013). Can Poor Countries Lobby for More US Bilateral Aid? World Development, 44, pp. 77–87. doi:10.1016/j.worlddev.2012.12.006.
  17. Gabrieli, T., Galvao Jr, A.F. and Montes-Rojas, G.V. (2012). Who benefits from reducing the cost of formality? Quantile regression discontinuity analysis. Research in Labor Economics, 34, pp. 101–133. doi:10.1108/S0147-9121(2012)0000034006.
  18. Kato, K., Galvao, A.F. and Montes-Rojas, G. (2012). Asymptotics for panel quantile regression models with individual effects. Journal of Econometrics, 170(1), pp. 76–91. doi:10.1016/j.jeconom.2012.02.007.
  19. Chiodi, V., Jaimovich, E. and Montes-Rojas, G. (2012). Migration, Remittances and Capital Accumulation: Evidence from Rural Mexico. Journal of Development Studies, 48(8), pp. 1139–1155. doi:10.1080/00220388.2012.688817.
  20. Montes-Rojas, G. (2011). Quantile regression with classical additive measurement errors. Economics Bulletin, 31(4), pp. 2863–2868.
  21. Montes-Rojas, G.V. (2011). Nonparametric estimation of ATE and QTE: An application of fractile graphical analysis. Journal of Probability and Statistics pp. 1–1. doi:10.1155/2011/874251.
  22. Galvao, A.F., Montes-Rojas, G. and Olmo, J. (2011). Threshold quantile autoregressive models. Journal of Time Series Analysis, 32(3), pp. 253–267. doi:10.1111/j.1467-9892.2010.00696.x.
  23. Montes-Rojas, G. (2011). Dictatorship, Democracy, and Globalization: Argentina and the Cost of Paralysis, 1973-2001. BULLETIN OF LATIN AMERICAN RESEARCH, 30(2), pp. 236–237. doi:10.1111/j.1470-9856.2010.00520.x.
  24. Montes-Rojas, G.V. (2011). Robust misspecification tests for the Heckman's two-step estimator. Econometric Reviews, 30(2), pp. 154–172. doi:10.1080/07474938.2011.534035.
  25. Fajnzylber, P., Maloney, W.F. and Montes-Rojas, G.V. (2011). Does formality improve micro-firm performance? Evidence from the Brazilian SIMPLES program. Journal of Development Economics, 94(2), pp. 262–276. doi:10.1016/j.jdeveco.2010.01.009.
  26. Montes-Rojas, G. and Sosa-Escudero, W. (2011). Robust tests for heteroskedasticity in the one-way error components model. Journal of Econometrics, 160(2), pp. 300–310. doi:10.1016/j.jeconom.2010.09.010.
  27. Baer, W., Margot, D. and Montes-Rojas, G. (2011). Argentina's default and the lack of dire consequences. Economia Aplicada, 15(1), pp. 131–146. doi:10.1590/S1413-80502011000100007.
  28. Bera, A.K., Montes-Rojas, G. and Sosa-Escudero, W. (2010). General specification testing with locally misspecified models. Econometric Theory, 26(6), pp. 1838–1845. doi:10.1017/S0266466609990818.
  29. Galvao, A.F. and Montes-Rojas, G.V. (2010). Penalized quantile regression for dynamic panel data. Journal of Statistical Planning and Inference, 140(11), pp. 3476–3497. doi:10.1016/j.jspi.2010.05.008.
  30. Montes-Rojas, G.V. (2010). Testing for random effects and serial correlation in spatial autoregressive models. Journal of Statistical Planning and Inference, 140(4), pp. 1013–1020. doi:10.1016/j.jspi.2009.10.001.
  31. Montes-Rojas, G.V. (2010). Confronting neoclassical myths about self-employment in Latin America. Review of Radical Political Economics, 42(1), pp. 50–65. doi:10.1177/0486613409357180.
  32. Mandelman, F.S. and Montes-Rojas, G.V. (2009). Is Self-employment and Micro-entrepreneurship a Desired Outcome? World Development, 37(12), pp. 1914–1925. doi:10.1016/j.worlddev.2009.05.005.
  33. Montes-Rojas, G. (2009). A note on the variance of average treatment effects estimators. Economics Bulletin, 29(4), pp. 2937–2943.
  34. Gawande, K., Maloney, W. and Montes-Rojas, G. (2009). Foreign informational lobbying can enhance tourism: Evidence from the Caribbean. Journal of Development Economics, 90(2), pp. 267–275. doi:10.1016/j.jdeveco.2008.09.011.
  35. Montes Rojas, G.V. and Siga, L. (2009). On the nature of micro-entrepreneurship: Evidence from Argentina. Applied Economics, 41(21), pp. 2667–2680. doi:10.1080/00036840701335553.
  36. Dewey, J. and Montes-Rojas, G. (2009). Inter-city wage differentials and intra-city workplace centralization. Regional Science and Urban Economics, 39(5), pp. 602–609. doi:10.1016/j.regsciurbeco.2009.03.007.
  37. Fajnzylber, P., Maloney, W.F. and Montes-Rojas, G.V. (2009). Releasing constraints to growth or pushing on a string? Policies and performance of Mexican micro-Firms. Journal of Development Studies, 45(7), pp. 1027–1047. doi:10.1080/00220380802264911.
  38. Bera, A.K., Montes-Rojas, G. and Sosa-Escudero, W. (2009). Testing under local misspecification and artificial regressions. Economics Letters, 104(2), pp. 66–68. doi:10.1016/j.econlet.2009.04.005.
  39. Baer, W. and Montes-Rojas, G. (2008). From privatization to re-nationalization: What went wrong with privatizations in Argentina? Oxford Development Studies, 36(3), pp. 323–337. doi:10.1080/13600810802264456.
  40. Acosta, P. and Montes-Rojas, G.V. (2008). Trade reform and inequality: The case of Mexico and Argentina in the 1990s. World Economy, 31(6), pp. 763–780. doi:10.1111/j.1467-9701.2008.01100.x.
  41. Montes-Rojas, G. (2008). Non-uniform wealth distribution in a simple spatial banking model. Journal of Applied Economics, 11(1), pp. 145–165.
  42. Montes-Rojas, G. and Santamaria, M. (2007). Sources of productivity growth: Evidence from the Mexican manufacturing sector. North American Journal of Economics and Finance, 18(3), pp. 263–278. doi:10.1016/j.najef.2007.06.004.
  43. Maloney, W.F. and Montes Rojas, G.V. (2005). How elastic are sea, sand and sun? Dynamic panel estimates of the demand for tourism. Applied Economics Letters, 12(5), pp. 277–280. doi:10.1080/1350485042000338626.
  44. Montes-Rojas, G., Bera, A.K. and Sosa-Escudero, W. A New Robust and Most Powerful Test in the Presence of Local Misspeci cation. Communications in Statistics - Theory and Methods .


  1. Temizsoy, A., Iori, G. and Montes-Rojas, G. (2016). Network Centrality and Funding Rates in the e-MID Interbank Market. London, UK: City, University of London.

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