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Traditionally, the concept of quality of life has been viewed through objective indicators. Beyond Facts looks at quality of life through a new lens, namely, the perceptions of millions of Latin Americans. Using an enhanced version of the recently created Gallup World Poll that incorporates...
Persistent link: https://www.econbiz.de/10010895496
families with a subsidy for the purchase of food conditional upon children regularly attending school. Using three different …
Persistent link: https://www.econbiz.de/10010943635
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
It has become common wisdom amongst monetary policy professionals that central banks in Latin America should adopt inflation targeting. Pure inflation targeting implicitly assumes a social loss welfare function dependent on only inflation. In this working paper, using subjective well-being...
Persistent link: https://www.econbiz.de/10010943695
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
We identify whether remittances facilitate consumption smoothing during health shocks in Jamaica. In addition, we investigate whether remittances are subject to moral hazard by receivers, how the informal insurance provided by remittances interacts with formal health insurance, and whether there...
Persistent link: https://www.econbiz.de/10010943764
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
unmarried elderly females, the increase in social security income explains most of the increase in the probability of living …
Persistent link: https://www.econbiz.de/10010943920
This paper studies the empirical links among factor endowments, trade, and personal income distribution. The motivation … changes are quite complex and their final effect on income distribution is theoretically unclear. The author's aim is to … present the stylized empirical facts on the relations between income distribution, factor endowments, and trade. …
Persistent link: https://www.econbiz.de/10010944059
income persistence coefficients estimated with pseudo-panel data for Colombia, Ecuador, and Uruguay indicate that … indicate the direction of such mobility, the estimates of income differentials between entrepreneurs and non-entrepreneurs for …
Persistent link: https://www.econbiz.de/10010944085