Inequality in Mexico rose between 1989 and 1994 and declined between 1994 and 2010. We examine the role of market … forces (demand and supply of labour by skill), institutional factors (minimum wages and unionization rate), and public policy … in hourly wages into characteristics and returns. The main driver is changes in returns. Returns rose (1989-94) due to …

This paper presents evidence on the relationship between economic shocks to relative male wages and changes in … household consumption in Mexico during the 1990s, which is a period characterized by high volatility. In addition to performing … this type of analysis for Mexico for the first time, the paper makes two main contributions. The first is the use of …

and find strong evidence of smoothing of male’s and female’s permanent shocks to wages. Once family labour supply, assets …

of adjustment to the shock. Foreign currency debtors reduce both the quantity and quality of expenditures, consistent …

We use survey evidence on reported spending in hypothetical energy price shock scenarios to study novel features of the … several nonlinearities depending on the sign and magnitude of the energy price shock that are economically relevant, including …