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This work analyzes whether monetary policy in advanced economies has differentiated effects on portfolio flows towards emerging economies coming from the US, the Euro Area and the UK. The results show the following: First, portfolio flows' response to US monetary policy events is vastly...
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In this paper, I document the existence of unconditional convergence in labor productivity across Mexican states in … three-digit manufacturing industries. The rate of convergence for the period 1988-2018 is 1.18% per year. However, this … result does not hold at the aggregate level: I find no unconditional convergence in manufacturing-wide labor productivity …
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