Quality of education is a determining factor in competitiveness. In order to compete globally, Mexico would have to raise its standards beyond its current low achievement. Several innovations at federal and state levels have been developed to raise the quality of basic education through...

Tunisia's GDP contracted by -8.8 percent in 2020, the worst performance since gaining independence in 1956. The poverty rate in Tunisia could reach at least 20.9, the same level recorded in 2010, and as high as 25 percent according to various estimates (Kokas et al., 2020); while inequality...

A widely used sealed-bid auction is the first-price auction. In this auction, the highest bidder wins the item and pays the price submitted; the other bidders get and pay nothing. The all-pay auction is similar to the first-price auction, except that losers must also pay their submitted bids. The...

This paper reviews the factors and mechanisms that have been driving inequality in Mexico and finds that educational inequality accounts for by far the largest share of Mexico’s variation in earnings inequality. The contribution of inequality of education to inequality of earnings in Mexico is...

There is a growing body of data from game theory and industrial organization experiments that reveals systematic deviations from Nash equilibrium behavior. In this paper, the perfectly rational decision making embodied in Bertrand Nash equilibrium is generalized to allow for endogenously...

The 2008-09 economic crisis has had a long-lasting negative impact on the Mexican economy. This paper examines labor market dynamics in Mexico in light of the crisis. The labor market has been characterized in recent years by low relative unemployment, but high levels of informal jobs,...