 | How Costly Will Reining in Inflation Be? It Depends on How Rational We Are Author/Editor: Jorge A Alvarez, Allan Dizioli. Release Date:February, 2023 We document that past highly inflationary episodes are often characterized by a steeper inflationslack relationship. We show that model-generated data from a standard small Dynamic Stochastic General more...
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 | Wage-Price Spirals: What is the Historical Evidence? Author/Editor: Jorge A Alvarez, John C Bluedorn, Niels-Jakob H Hansen, Youyou Huang, Evgenia Pugacheva, Alexandre Sollaci. Release Date:November, 2022 How often have wage-price spirals occurred, and what has happened in their aftermath? We investigate this by creating a database of past wage-price spirals among a wide set of advanced economies more...
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 | COVID-19 and the Informality-driven Recovery: The Case of Colombia's Labor Market Author/Editor: Jorge A Alvarez, Carlo Pizzinelli. Release Date:September, 2021 This paper documents the impact of the COVID-19 pandemic and associated lockdowns on the Colombian labor market using household micro-data. About a quarter of employment was temporarily disrupted at more...
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 | Informality and Aggregate Productivity: The Case of Mexico Author/Editor: Jorge A Alvarez, Cian Ruane. Release Date:November, 2019 We assess the aggregate productivity impact of distortions arising from labor regulations in Mexico and how they interact with informality. Using employment surveys and a firm-level economic census, more...
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 | Crop Selection and International Differences in Aggregate Agricultural Productivity Author/Editor: Jorge A Alvarez, Claudia Berg. Release Date:August, 2019 A large share of cross-country differences in productivity is explained by differences in agricultural productivity. Using a combination of sub-national agricultural statistics and geospatial more...
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 | Internal Trade in Canada: Case for Liberalization Author/Editor: Jorge A Alvarez, Ivo Krznar, Trevor Tombe. Release Date:July, 2019 This paper assesses the costs of internal trade barriers and proposes policies to improve internal trade. Estimates suggest that complete liberalization of internal trade in goods can increase GDP more...
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 | Economic Gains From Gender Inclusion:New Mechanisms, New Evidence Author/Editor: Jonathan David Ostry, Jorge A Alvarez, Raphael A Espinoza, Chris Papageorgiou. Release Date:October, 2018 While progress has been made in increasing female labor force participation (FLFP) in the last 20 years, large gaps remain. The latest Fund research shows that improving gender diversity can result more...
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 | Structural Transformation and the Agricultural Wage Gap Author/Editor: Jorge A Alvarez. Release Date:December, 2017 A key feature of developing economies is that wages in agriculture are significantly below those of other sectors. Using Brazilian household surveys and administrative panel data, I use information more...
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 | Firms and the Decline in Earnings Inequality in Brazil Author/Editor: Jorge A Alvarez, Felipe Benguria, Niklas Engbom, Christian Moser. Release Date:December, 2017 We document a large decrease in earnings inequality in Brazil between 1996 and 2012. Using administrative linked employer-employee data, we fit high-dimensional worker and firm fixed effects models more...
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 | Made in Mexico:Energy Reform and Manufacturing Growth Author/Editor: Jorge A Alvarez, Fabian Valencia. Release Date:February, 2015 This paper assesses the real effects of the energy reform in Mexico by looking at its impact on manufacturing output through changes in energy prices. Using sub-sector and state-level manufacturing more...
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