MEASUREMENT OF PRIVATE SAVING -- IV. CROSS-COUNTRY EVIDENCE -- V. TIME-SERIES EVIDENCE FOR MEXICO -- VI. MEXICO'S SAVING: WHICH …

This paper examines the relative importance of external shocks as sources of business cycle fluctuations in Mexico, and …, it finds that U.S. shocks explain a large share of Mexico's macroeconomic fluctuations after NAFTA. This partly reflects … greater trade integration-but also Mexico's ""Great Moderation,"" as the country escaped its former pattern of macro …

differentials and nonlinearities in the behavior of sectoral real exchange rates across Mexico, Canada and the U.S. Interpreting … price threshold bands as transactions costs, we find evidence that Mexico still face higher transaction costs than their …

Mexico's main social support program, Oportunidades, combines two methods to target cash to poor households: an initial …