ISSN: 0186-1042 ISSN-e: 2448-8410
Analysis of the hysteresis of unemployment in Mexico in the face of macroeconomic shocks
PDF (Español (España))

Keywords

Hysteresis
Unemployment rate
Monetary policy
Labor market
Econometric methods

How to Cite

Trejo García, J. C., Rivera Hernández, E. C., & Ríos Bolívar, H. (2017). Analysis of the hysteresis of unemployment in Mexico in the face of macroeconomic shocks. Accounting & Management, 62(4), 1249–1269. https://doi.org/10.1016/j.cya.2017.06.013

Abstract

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.
https://doi.org/10.1016/j.cya.2017.06.013
PDF (Español (España))

© 2015, School of Accounting and Management, National Autonomous University of Mexico. All rights reserved. Publication of the article implies full assignment of property rights (copyright) in Journal of Accounting and Management. The publication mreserves the right to total or partial reproduction of the work in other print, electronic or any other alternative means, but always recognizing its responsibility.

Unless otherwise stated, all contents of the electronic edition of the journal are distributed under a license and distribution "Creative Commons Attribution-Noncommercial 4.0 International" (CC-by). You can see from here the version of the license information. This circumstance must be expressly stated in this way when necessary.

Downloads

Download data is not yet available.