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Mexico. Using INEGI's National Survey of Urban Employment for the period 1994-2004, the empirical analysis is conducted on … two stages. In the first stage, individual wages are regressed on worker characteristics, job and firm attributes …
Persistent link: https://www.econbiz.de/10009348012
We characterize the salient features of the distribution of earnings and earnings changes of formal workers in Mexico … impact of transitions out of and back into formal employment on wages earned in the formal sector and the effect of early …
Persistent link: https://www.econbiz.de/10013464810
Between 2004 and 2018, the spread of wages in Mexico's private labor sector remained stable. Nonetheless, the …-employee dataset comprising the near-universe of Mexico's formal employment. We estimate log wage models and decompose earnings …
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local wages with higher earnings from the new work destinations. I find that some municipalities were not able to mitigate …
Persistent link: https://www.econbiz.de/10011568458
In this paper I use novel micro data underlying the Mexican CPI to establish stylized facts about prices in the Mexican economy. I then analyze the implications and consistency of the empirical results for the degree of monetary non-neutrality generated in both time and state-dependent pricing...
Persistent link: https://www.econbiz.de/10011568470
In this paper we use data from Mexico to identify Dornbusch's (1976) exchange rate overshooting hypothesis. We specify … variables to a monetary policy shock. The long-run restrictions embedded in the model are themselves identified, estimated, and …
Persistent link: https://www.econbiz.de/10011667628
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...
Persistent link: https://www.econbiz.de/10012166097