Showing 1 - 10 of 457
This paper empirically examines the effect on wages in Mexico of Mexican emigration to the United States, using data … and positive effect on Mexican wages. There is also evidence for increasing wage inequality in Mexico due to emigration …. Simple welfare calculations based on a labor demand-supply framework suggest that the aggregate welfare loss to Mexico due to …
Persistent link: https://www.econbiz.de/10005605072
This Selected Issues paper analyzes the impact of Mexico’s energy reform on hydrocarbons production. These reforms aim to increase oil and gas production by eliminating the state oil company’s (PEMEX) monopoly on exploration and production of hydrocarbons, while retaining the prime...
Persistent link: https://www.econbiz.de/10011245058
buffer against risks that erupted during the global economic crisis. Mexico has been identified as a prudent and fairly well …
Persistent link: https://www.econbiz.de/10011242784
Mexico is an open economy with strong real and financial links to the rest of the world with risks of spillovers from …
Persistent link: https://www.econbiz.de/10011243318
This paper assesses Estonia’s flexibility from two angles. The paper focuses on one aspect of that performance—the ability to sustain competitiveness. Then, a more forward-looking angle is the flexibility of Estonia’s labor and product markets. Estonia has made great...
Persistent link: https://www.econbiz.de/10011244007
By constructing and estimating a structural arbitrage-free model of demand pressures on US real rates, we find that recent purchases of US government debt securities by the Fed and foreign officials have significantly affected the level and the dynamics of US real rates. In particular, by 2008,...
Persistent link: https://www.econbiz.de/10010790349
This paper quantifies the effects of external risks for Peru, with particular attention to two major external risks, China’s investment slowdown and the U.S. monetary policy tightening. In particular, a macroeconomic model for a small open and partially dollarized economy is developed and...
Persistent link: https://www.econbiz.de/10011142105
This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On...
Persistent link: https://www.econbiz.de/10010959467
This 2014 Article IV Consultation highlights that after a sharp slowdown in 2013, growth in Mexico is projected to …
Persistent link: https://www.econbiz.de/10011244756
This 2013 Article IV Consultation highlights that over the past year, Mexico has maintained macroeconomic policy …
Persistent link: https://www.econbiz.de/10011245002