TY - JOUR
T1 - Analysis of the hysteresis of unemployment in Mexico in the face ofmacroeconomic shocks
AU - Trejo García, José Carlos
AU - Rivera Hernández, Estefanía Carolina
AU - Ríos Bolívar, Humberto
N1 - Publisher Copyright:
© 2017 Universidad Nacional Autónoma de México, Facultad de Contaduría y Administración
PY - 2017/10
Y1 - 2017/10
N2 - 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.
AB - 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.
KW - Econometric methods
KW - Hysteresis
KW - Labor market
KW - Monetary policy
KW - Unemployment rate
UR - http://www.scopus.com/inward/record.url?scp=85027246538&partnerID=8YFLogxK
U2 - 10.1016/j.cya.2017.06.005
DO - 10.1016/j.cya.2017.06.005
M3 - Artículo
SN - 0186-1042
VL - 62
SP - 1228
EP - 1248
JO - Contaduria y Administracion
JF - Contaduria y Administracion
IS - 4
ER -