Puyana, Alicia; Romero, José - In: Revista de Economía Institucional 7 (2005) January-June, pp. 63-95
In Mexico, wages have stagnated and profits have increased since 1980. This paper analyzes the causes of this performance both at an aggregate and sectorial level. Although in theory trade liberalization should have led to increased wages and a reduction of profits, an unlimited supply of labor...