Calderón Cerbón, Mariana; Cortés Espada, Josué Fernando - 2022
boost activity on the northern Mexican border. In this paper we estimate the effects of both policies on prices. We find … that the upward pressures on prices due to the minimum wage hike were more than offset by the downward pressures associated … with the VAT. In the absence of the VAT reduction policy, average prices in the northern Mexican border would have been …
