1. Introduction -- 2. Forgotten worlds: the stagflation of the 1970s -- 3. From Volcker to China: The “Great Moderation” begins -- 4. Houses made of sand: The “Global Financial Crisis” -- 5. Trojan horses: the long shadow of the euroarea sovereign crisis -- 6. COVID 19: the fiscal and...

It is clear that in the transition out of the COVID-19 crisis in Colombia there will be great need for formal job creation. One source that has been widely discussed in policy circles is strengthening linkages of Colombian firms with Global Value Chains (GVCs). Another source that has received...

Formal sector entry-level jobs in Mexico offer low starting salaries but substantial wage growth. This paper experimentally tests whether a six-months wage incentive can increase formal employment among secondary school graduates. Combining survey and high-frequency social security data, the...

This paper provides a comparative summary of recent national statistics from five Latin American countries on employment losses and gains during the peak COVID-19 years compared with pre-pandemic levels. As part of its work on the impact of the pandemic on informal workers, the Women in Informal...