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Wage Shocks and Consumption Variability in Mexico during the 1990s

Attanasio, Orazio P.; Székely, Miguel - Inter-American Development Bank - 2001

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

Automatic Stabilization and Fiscal Policy: Some Quantitative Implications for Latin America and the Caribbean

Espino, Emilio; Rozada, Martín González - Inter-American Development Bank - 2012

This paper provides an estimation of the size of income and demand automatic stabilizers in a representative sample of … size of income and demand automatic stabilizers coefficients is much smaller than the size of these coefficients in Europe … income stabilization coefficient and two others affecting directly the demand stabilization coefficient. The main results …

Persistent link: https://www.econbiz.de/10010943765

Poverty and the Labor Market in Venezuela: 1982-1995

Márquez, Gustavo; Álvarez, Carola - Inter-American Development Bank - 1996

The purpose of this paper is to describe the performance of the Venezuelan labor market in the period between 1982 and 1995, and to analyze its impact on the evolution of poverty. This period analyzed is a convulsed one, one within Venezuela that suffered from the consequences of both changes in...

Persistent link: https://www.econbiz.de/10009357923

Fiscal Policy, Stabilization, and Growth: Prudence or Abstinence?

Werneck, Rogério L.F.; Irwin, Timothy; Sturzenegger, … - Inter-American Development Bank

Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects...

Persistent link: https://www.econbiz.de/10010772370