Books by Santiago Levy
Found 1 book
Book
Mentions on MR
Under-rewarded efforts
What I’ve been reading
(2018-09-26)
1. Santiago Levy, Under-Rewarded Efforts: The Elusive Quest for Prosperity in Mexico . Probably the best current book on Mexico’s economy and why it has not grown more rapidly. Most of all, Levy blames misallocation, and more specifically the attachment of too many workers to the low-productivity informal sector. The author notes (p.34) that both the top 20 percent of the wage distribution, or even the top 1 percent, saw no wage growth from 1996 to 2015.