Over the last two decades, Mexico has experienced macroeconomic stability, an open trade regime, and substantial progress in education. Yet average workers' earnings have stagnated, and earnings of those with higher schooling have fallen, compressing the earnings distribution and lowering the returns to education. This paper argues that distortions that misallocate resources toward less-productive firms explain these phenomena, because these firms...
更多显示
详细
-
2019/01/07
-
政策研究报告
-
WPS8690
-
1
-
1
-
2019/01/07
-
Disclosed
-
Persistent Misallocation and the Returns to Education in Mexico
-
workers with university education