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We consolidate alternative ways for identifying stable and stressful scenarios in the S&P 500 market to construct contagion tests for recipient markets vulnerable to disturbances from this source market. The S&P 500 is decomposed into discrete conditions of: (1) Tranquil versus turbulent...
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When traditional methods for measuring economic welfare are scarce or unreliable, heights and BMIs are now well accepted measurements that represent biological conditions during economic development. Weight, after controlling for height, is an alternative measure to BMI for current net...
Persistent link: https://www.econbiz.de/10011374201
We study experimentally the protection of property in five widely distinct countries- Austria, Mexico, Mongolia, South …
Persistent link: https://www.econbiz.de/10009683449
Did the 2018/19 US-China trade war trigger adjustment of Global Value Chains (GVCs) and nearshoring to Mexico? We … address this question with confidential longitudinal firm-level trade data from Mexico that covers the universe of … in GVC activities in Mexico with linkages to Asian and US-based GVCs. Our analysis also reveals increased net exports and …
Persistent link: https://www.econbiz.de/10014340112
This paper focuses on the role of institutions in the fight against poverty and inequality. Our view of institutions encompasses formal rules designed by polity (including those in the legal and economics sphere such as rules of property rights, contracts and liabilities) as well as informal...
Persistent link: https://www.econbiz.de/10011514135
Vast literature is available covering main Informal Economy (IE) causes and consequences for Latin America and Caribbean (LAC), but its size estimation has been mainly limited to worldwide models applied to the region. This paper proposes a MIMIC Base Model using a data set composed by 41...
Persistent link: https://www.econbiz.de/10014285538
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Mexico experienced a tremendous expansion of its export-processing maquila sector during the 1990s. At the same time, a … market outcomes in Mexico. We develop a heterogeneous firm model with imperfect labor markets that captures salient features … the equilibrium with an informal sector. -- offshoring ; informal sector ; maquiladoras ; trade and labor markets ; Mexico …
Persistent link: https://www.econbiz.de/10009489292