Stanford social scientist STEPHEN HABER was recently awarded the 2012 Manuel Espinosa Yglesias Prize for an essay on the Mexican banking system. The manuscript, “These Are the ‘Good Old Days’: Foreign Entry and the Mexican Banking System,” was coauthored with Harvard Business School Associate Professor ALDO MUSACCHIO.

The prize, awarded by the Centro de Estudios Espinosa Yglesias, a nonprofit think tank in Mexico City, recognized Haber and Musacchio’s detailed analysis of the Mexican banking and financial system. The winners were selected by a panel of Mexican financial officials, scholars, economists, bankers and a journalist, and will share 1 million pesos (approximately $75,000). Haber and Musacchio will be awarded the prize on Nov. 20 in a ceremony in Mexico City.

Haber is the A. A. and Jeanne Welch Milligan Professor in the School of Humanities and Sciences and the Peter and Helen Bing Senior Fellow at the Hoover Institution. His scholarship on the Mexican economy and politics spans more than three decades. He is the author, coauthor or editor of five books on Mexico, as well as the author of more than 60 scholarly articles.

The prize follows on the heels of two other major honors for Haber. In June, he was awarded the Walter J. Gores Award, Stanford’s highest teaching honor. He also received the 2012 Phi Beta Kappa Teaching Prize at Stanford earlier this year.