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This paper presents evidence on the relationship between economic shocks to relative male wages and changes in household consumption in Mexico during the 1990s, which is a period characterized by high volatility. In addition to performing this type of analysis for Mexico for the first time, the...
Persistent link: https://www.econbiz.de/10010943675
Following the 1994 financial crisis, the rate of saving of the Mexican economy fell from 21.7 percent to 19.8 percent of GDP. The decline was associated with a reduction in the rate of external saving from 6.9 to 0.5 percent between 1994 and 1995. The overall reduction was not more dramatic...
Persistent link: https://www.econbiz.de/10010943745
and credit is explained by demand for low-income housing. …
Persistent link: https://www.econbiz.de/10010944310
into education groups to determine whether there are differences in saving behavior along the distribution of income. Third …
Persistent link: https://www.econbiz.de/10010944347
caught in a vicious circle. They lack sufficient access to education, credit and other means to generate income, so they earn … lower wages, which in turn prevents them from accumulating the assets they need to increase future income. The authors … analyze the ownership and use of income-generating assets, as well as access to them. Where there are market imperfections …
Persistent link: https://www.econbiz.de/10010772491
This book breaks away from the exclusively macroeconomic focus of development studies to bring the spotlight to the place where decisions are made: households. Complementing this microeconomic view with an aggregate approach, this volume uncovers clues to declining fertility, skyrocketing female...
Persistent link: https://www.econbiz.de/10010895452