Revolutions have important social, political, and economic consequences with which entrepreneurs have to cope to keep their businesses going. This may involve high transaction costs due to the violence that emerges as a result of armed conflicts. In this article we examine the effect that the...

This paper explores the evolution of the female participation in the industrial labor force in Mexico during the 20th century. It finds a Ushaped relation between female labor participation and income per capita. An econometric analysis is carried out for the textile industry during the period...

We present new price indices for the period 1886- 1929. These indices have several advantages with respect to the previous ones: i) they cover the whole period with the same methodology, and by reaching 1929 these series can be joined whit contemporary price indices, ii) they include more...

The Mexican Revolution has long been considered a revolution of peasants. But Aurora Gómez-Galvarriato’s investigation of the mill towns of the Orizaba Valley reveals that industrial workers played a neglected but essential role in shaping the Revolution. By tracing the introduction of...