, Colombia and Mexico, during the period 1980-2010. Wages are highly pro-cyclical during the 1980s and early 1990s, a period …Examines the evolution of the cyclicality of real wages and employment in four Latin American economies: Brazil, Chile …

four Latin American economies: Brazil, Chile, Colombia and Mexico, during the period 1980-2010. Wages are highly pro …-cyclical in all countries up to the mid-1990s except in Chile. Wage cyclicality declines thereafter, especially in Brazil and … Colombia. This decline in wage cyclicality is in accordance with declining real-wage flexibility in a low-inflation environment …

, Colombia and Mexico, during the period 1980-2010. Wages are highly pro-cyclical during the 1980s and early 1990s, a period …Examines the evolution of the cyclicality of real wages and employment in four Latin American economies: Brazil, Chile …

Structural VAR and Structural VEC models were estimated for Chile and Colombia, aiming at identifying fiscal policy …-for-peso ($/$) effect on output of a shock to public spending and to the government's net tax revenues, providing a good notion of the … incidence of fiscal policy shocks in both countries. When public finances are under control, as they are in Chile, fiscal policy …