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the entry of Banco Azteca, the first bank in Mexico targeting households from the informal sector. Panel data suggest that …
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paper we identify the proportion of informal workers who are in each situation for the case of Mexico. Using a simple model …
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This paper documents how informal employment in Mexico is countercyclical, lags the cycle and is negatively correlated … to formal employment. This contributes to explaining why total employment in Mexico displays low cyclicality and … formal and informal labor markets, and the model is calibrated to Mexico. The model performs well in terms of matching …
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