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We study an at-scale natural experiment in which debit cards are given to cash transfer recipients who already have a bank account. Using administrative account data and household surveys, we find that beneficiaries accumulate a savings stock equal to 2 percent of annual income after two years...
Persistent link: https://www.econbiz.de/10012960697
with ongoing cases to analyze sources of dysfunction in Mexico's largest labor court. Providing the parties with …
Persistent link: https://www.econbiz.de/10012909901
manyfold increase in homicides in 2008-2011 in Mexico resulting from its war on organized drug traffickers to estimate the … order to reverse the increase in drug-related crime is not high. We estimate it to be approximately 0.1%of Mexico's GDP …
Persistent link: https://www.econbiz.de/10013054874
Retail petroleum markets in Mexico are on the cusp of a historic deregulation. For decades, all 11,000 gasoline … regulated retail prices. This industry structure is changing, however, as part of Mexico's broader energy reforms aimed at … gasoline and diesel. In this paper, we provide an economic perspective on Mexico's nascent deregulation. Although in many ways …
Persistent link: https://www.econbiz.de/10012920356
Credit card debt is increasingly common among poor and inexperienced borrowers – thus de facto a financial inclusion … all first-time formal loans in Mexico and show that default rates are high and ex-ante unpredictable for new borrowers … zero result is driven by the offsetting effects of tightened liquidity constraints and lower debt burdens. Surprisingly, we …
Persistent link: https://www.econbiz.de/10012914257