This paper analyzes the effects of economic growth on labor earnings in Bolivia during 1999-2012. More precisely, we develop a labor market model to capture both cycle and trend effects of prices, and production on earnings, which is estimated econometrically using pseudo-panel data methods. The...

Since the prolonged recession in 1980-82 which laid the basis for the emergence of financeled capitalism in the US there have been four phases of economic expansion. The first three ended with increasingly severe recessions in 1990-91, 2001 and 2007-09. The most recent expansion, which began in...