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This paper provides an empirical investigation into the determinants and stability of the aggregate wage inflation process in the United States over the 1967-2000 period. Using compensation per hour as the measure of wages, we specify a Phillips curve model that links wage growth to its past...
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stress in Mexico and this retards the growth of skills of workforce. (2) The informal sector is large, mostly due to the …
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This paper examines the process of trade liberalisation in Mexico, particularly since the mid-1980s and the signing of …
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liberalisation involved in the North American Free Trade Agreement (NAFTA) on exports, imports and the balance of payments in Mexico … slowdown of Mexico's growth in recent years. NAFTA has not delivered the improved growth performance that was promised by … Mexico's political leaders at the time. …
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