Evolving Wage Cyclicality in Latin America
This paper examines the evolution of the cyclicality of real wages and employment in four Latin American economies, Brazil, Chile, Colombia, and Mexico, during the period 1980–2010.Wages were highly procyclical during the 1980s and early 1990s, a period characterized by high inflation. As inflation...
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Published by Oxford University Press on behalf of the World Bank
2020
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| Online Access: | http://hdl.handle.net/10986/33534 |