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Evolving wage cyclicality in Latin America (English)

Abstract

A vector autoregression model with time-varying coefficients is used to examine the evolution of wage cyclicality in four Latin American economies: Brazil, Chile, Colombia and Mexico, during the period 1980-2010. Wages are highly pro-cyclical in all countries... See More +

Details

  • Messina, Julian; Gambetti, Luca;
  • 2014/07/01
  • Policy Research Working Paper
  • WPS6978
  • 1
  • 1
  • BrazilColombiaMexicoLatin AmericaChile
  • Latin America & Caribbean
  • 2014/07/01
  • Disclosed
  • Evolving wage cyclicality in Latin America
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