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between the exchange rate and prices in Mexico and the US (its main commercial partner), there are other forces affecting the …
Persistent link: https://www.econbiz.de/10011927050
prices are constructed for housing expenditure and for services. Weights for these parts of household budgets and the … residual are found from panel surveys of household consumption. Relative prices of the consumption bundle for each year in the …, employees and workers are constructed. Combining data on incomes and on relative prices gives estimates of real incomes. The …
Persistent link: https://www.econbiz.de/10012142219
Persistent link: https://www.econbiz.de/10011447248
This paper tries to clarify the logical structure of the relationship between labour values and prices from an …
Persistent link: https://www.econbiz.de/10011596404
We use transaction-level US import data to compare firms from virtually all countries in the world competing in a single destination market. Guided by a simple theoretical framework, we decompose countries' market shares into the contribution of the number of firm-products, their average...
Persistent link: https://www.econbiz.de/10011933430
especially to global demand fluctuations associated with declines in commodity prices. However, despite the similarities that …
Persistent link: https://www.econbiz.de/10012117480
Persistent link: https://www.econbiz.de/10011760074
This document analyzes the patterns of fiscal and monetary policy in five economies of the Latin American Southern Cone (Argentina, Brazil, Chile, Paraguay and Uruguay) during four episodes of international crises: 1994, 1997-1999, 2001 and 2008. In contrast with earlier episodes when most...
Persistent link: https://www.econbiz.de/10011303276
We assess, through VAR evidence, the effects of monetary policy on banks' risk exposure and find the presence of a risk-taking channel. A model combining fragile banks prone to risk mis-incentives and credit constrained firms, whose collateral fluctuations generate a balance sheet channel, is...
Persistent link: https://www.econbiz.de/10009772705
Persistent link: https://www.econbiz.de/10011507274