Analysis of the hysteresis of unemployment in Mexico in the face of macroeconomic shocks

José Carlos Trejo García, Estefanía Carolina Rivera Hernández, Humberto Ríos Bolívar

Research output: Contribution to journalArticlepeer-review

2 Scopus citations

Abstract

© 2017 Universidad Nacional Autónoma de México, Facultad de Contaduría y Administración This research presents the behavior of the Mexican unemployment rate and shows the dependence with own history and macro variables. The concept of hysteresis or persistence tries to separate this inertia in the unemployment rate and some macroeconomic and endogenous factors. The results show a high inertia in the Mexican labor market, justified by the monetary levels and the dependence of the investment levels, considering the shocks of exports that affect the unemployment in the long term.
Original languageAmerican English
Pages (from-to)1249-1269
Number of pages21
JournalContaduria y Administracion
DOIs
StatePublished - 1 Oct 2017

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