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The paper studies the ways an economy working under a currency board could adjust when capital inflows stop suddenly. Six alternative solutions to restore the economic equilibrium are available when the sudden stop comes: a recession could push the prices of non-tradable goods down, a...
Persistent link: https://www.econbiz.de/10005561288
A monetary inflation model is augmented to include import prices and wages in a theoretically plausible manner …
Persistent link: https://www.econbiz.de/10005126245
equities fail the test as inflation hedges, as had been quite widely believed, but that they take so long to pass. …
Persistent link: https://www.econbiz.de/10005124935
as 'maquiladoras') on various measures of standard of living in Mexico, namely literacy rate, school attendance rates …
Persistent link: https://www.econbiz.de/10005555993
The in-bond manufacturing sector in Mexico, popularly known as the 'maquiladora' industry, suffered a number of job …
Persistent link: https://www.econbiz.de/10005556047
Persistent link: https://www.econbiz.de/10005556107
principles for South Au stralia, Queensland, NSW, Victoria South Africa, Chile, Colorado, Mexico and California. …
Persistent link: https://www.econbiz.de/10005556157
The present study of regional economic growth in Mexico is based on the new economic geography, where distance plays an … important role in explaining urban regional economic growth. The results show that distance to the northern border of Mexico and … labor migration between states of Mexico, after the passage of NAFTA are important factors that explain the regional state …
Persistent link: https://www.econbiz.de/10005556194
convergencia económica, a través de países y de regiones. Para el caso de México, hasta la segunda mitad de los noventas comienza … regionales que han surgido en México y han alterado el pensamiento convencional con respecto a la persistencia de la convergencia … ingreso per capita en México, condicionando el estudio a las variables de capital humano. Se obtiene un resultado de …
Persistent link: https://www.econbiz.de/10005556248
paper tries to find support in Mexico for the Kaldor’s engine of economic growth hypothesis. …
Persistent link: https://www.econbiz.de/10005556323