Dec 2019
Author(s): Pierola, Martha Denisse; Sánchez-Navarro, Dennis
This paper studies the impact of import competition from China on informality and wages in the Peruvian manufacturing sector in 20012010. Using data from the Peruvian Household Survey, we use a two-…
May 2018
Author(s): Stein, Ernesto H.; Fernandez, Andres
We develop a methodology to construct real effective exchange rates that incorporate two distinctive elements not accounted for in the traditional measures: i) competition in third markets and ii)…
Feb 2017
Author(s): López, Arnoldo; Prat, Jordi; Solera, Marco; Loo-Kung, Rudy; Linares, Jennifer; Lagarda, Guillermo; Maldonado, Leonardo; Manzano, Osmel
The macroeconomic context of Central America and the Dominican Republic has been characterized by positive perspectives. The economic recovery of United States, lower commodity prices, and the low…
Feb 2017
Author(s): López, Arnoldo; Prat, Jordi; Solera, Marco; Loo-Kung, Rudy; Linares, Jennifer; Lagarda, Guillermo; Maldonado, Leonardo; Manzano, Osmel
El contexto macroeconómico de Centroamérica y República Dominicana ha estado caracterizado por tener expectativas positivas. La recuperación económica de Estados Unidos, a los bajos precios de las…