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Argentina’s GDP per working age person in 2003 was about the same as it was twenty years earlier and around fifteen … step towards that understanding. To that effect, we examine Argentina’s recent growth experience, which includes two deep …
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assumption that labor markets are segmented. In this paper, we evaluate this premise with data from Argentina's permanent … Argentina's labor laws. We find that average wages are significantly higher in the formal sector than in the informal sector. We … in Argentina cannot be rejected. The paper also provides a list of facts with which a satisfactory theory of informality …
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Remarks at the Central Bank of Argentina, Buenos Aires, April 19, 2006 ; "My business contacts talk and act as if the …
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This paper studies the e ffects of oil producing countries' fuel subsidies on the oil market and the world economy. We identify 24 oil producing countries with fuel subsidies where retail fuel prices are about 34 percent of the world price. We construct a two-country model where one country...
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With integrated trade and financial markets, a collapse in aggregate demand in a large country can cause "natural real interest rates" to fall below zero in all countries, giving rise to a global "liquidity trap." This paper explores the optimal policy response to this type of shock, when...
Persistent link: https://www.econbiz.de/10009292929