This paper develops a simple framework for examining human capital accumulation, unemployment, and relative wages in a …, technical change, and a productivity slowdown. We derive the consequences for the skilled-to unskilled wage gap, unemployment …

countries. The paper begins by surveying earlier estimates of relative productivity and unit labor cost levels and evaluating … productivity translated into dollars at purchasing power parity exchange rates. These estimates are compared with results obtained …

This paper reviews research that uses longitudinal microdata to document productivity movements and to examine factors … behind productivity growth. The research explores the dispersion of productivity across firms and establishments, the … persistence of productivity differentials, the consequences of entry and exit, and the contribution of resource reallocation …

This paper claims that the roots of Mexico's balance-of-payments crisis are found in the prevailing high degree of … sustainability of currency pegs. Econometric analysis suggests that 1/2 of Mexico's reserve losses could be accounted for by these …

manufacturing affiliates of U.S. multinationals in Argentina, Brazil, and Mexico. The results of these tests show that the …

-improving. The model's potential empirical relevance is examined further by reviewing Mexico's post-war experience with the collapse …

, particularly to bank loans, can have real effects. This paper presents new evidence on the credit hypothesis for the case of Mexico …

suggests an additional factor influencing money demand in Mexico. The second result is evidence against my convertibility risk …

This paper proposes a simple investment model that permits a test of the relative importance of Mexico's terms of trade … decline, the reversal in net capital inflows, and the debt overhang, in explaining Mexico's investment decline in the early … rise in the relative price of investment goods and further that the deterioration in Mexico's international terms of trade …