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boldest interventions in the recent history of Mexico and the rest of the world: the Northern Border Free Zone (NBFZ …). Launched in January 2019, this program doubles the minimum wage and substantially lowers taxes in 43 municipalities along the …
Persistent link: https://www.econbiz.de/10012295005
boost activity on the northern Mexican border. In this paper we estimate the effects of both policies on prices. We find … that the upward pressures on prices due to the minimum wage hike were more than offset by the downward pressures associated … with the VAT. In the absence of the VAT reduction policy, average prices in the northern Mexican border would have been …
Persistent link: https://www.econbiz.de/10013464384
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stores, and the after-tax price dispersion. Using an unbalanced panel of weekly prices for 553 stores throughout Mexico, we …In January 2014, Mexico addressed its epidemic of obesity by implementing an excise tax of 1 peso (1 MXN) per liter on …
Persistent link: https://www.econbiz.de/10012029606
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Inequality in Mexico rose between 1989 and 1994 and declined between 1994 and 2010. We examine the role of market …. -- inequality ; wages ; disposable income ; labour markets ; Mexico …
Persistent link: https://www.econbiz.de/10009487034
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inflation, motivating that minimum wage increases equal to or less than prices in general. Higher minimum wages will affect ….English Abstract: The minimum wage is low in Mexico. The cause is a monetary view that causally links an increase in wages with … effect on employment. The institutional challenge is to define an adjustment mechanism that does not affect inflation, or …
Persistent link: https://www.econbiz.de/10013045632