This paper examines changes in individual earnings during positive and negative growth periods in three Latin American economies: Argentina, Mexico, and Venezuela. We ask whether those individuals who start in the best economic position are those who experience the largest earnings gains or the...

This paper conducts a cohort analysis of labor participation in urban Mexico in recent decades. The rates analyzed are the labor force participation, the unemployment rate, and the employment shares of the formal and informal salaried sectors, as well as of self-employment. These rates are...

This paper presents a cohort analysis of the participation in the labor force and in the formal and informal sectors of the economy. The participation rates are decomposed in age, cohort, and time effects. The life-cycle patterns in labor force participation and employment in the formal sector...

This paper provides new evidence regarding public opinion on immigration by studying the Spanish case, and by analyzing not only respondents' preferences regarding immigration levels, but also regarding admittance policies and the rights and benefits to grant to foreigners. In general, Spaniards...

There is still considerable controversy about the interest rate responsiveness of private saving in developing countries. This paper provides recent evidence based on individual country estimations for a sample of 16 countries. The model used here follows the 'uler equation approach' and...

This work analyzes the incidence of mathematical abilities in financial literacy for Mexicans between 15 and 18 years old attending school in Mexico City and the State of Mexico. Our results confirm that the levels of financial literacy are low. Considering the “L&M Focus”, only 6.6% of the...

This paper deals with the fiscal implications of a stabilization fund that allows for a stable consumption over time, in particular in the case of an oil producing and exporting country like México. We discuss the functioning of an oil stabilization fund based on international experience and...