Mexico: what is the impact of monetary policy on unemployment rates?
- Author(s):
-
Islas C., Alejandro |
- Cortez, Willy Walter
- Date Issued:
- 2012-08
- Serie:
- CEPAL Review
- UN symbol:
- Published in:
- CEPAL Review No.107
In this paper we analyse the effects of a monetary policy shock on Mexican unemployment rates. Unlike previous studies, this one re-estimates unemployment to produce alternative rates comparable to those of the Organization for Economic Cooperation and Development (OECD) member countries. We find that in response to tightening monetary policy, unemployment increases with a characteristic hump-shaped pattern also found in other studies. Our results are robust to different assumptions about the nature of Mexico's labour market.
Show full data
- Physical description:
- UN symbol:
- Physical location:
- Type of document:
- Bibliographic level:
- Notes:
- Show full item record
Downloadable Files
This item appears in the following Collection(s)
-
Revista CEPAL [2925]
Related items
Showing items related by title, author, creator and subject.
An assessment of the dynamics between the permanent and transitory components of Mexico's output and unemployment
- Author(s):
- Islas C., Alejandro |
- Cortez, Willy Walter
- Serie:
- No.
- 111
- Date Issued
- 2013-12
- Physical Description
- p. 159-173; grafs., tabls.
- UN symbol:
Previous studies about the relationship between the cyclical components of Mexico's
output and unemployment suggest that it closely resembles that found in the
economy of the United States of America. This would indicate that the dynamics
between output and labour markets in the two economies ar...
Can the informal sector affect the relationship between unemployment and output? An analysis of the Mexican case
- Author(s):
- Islas C., Alejandro |
- Cortez, Willy Walter
- Serie:
- No.
- 126
- Date Issued
- 2018-12-17
- Physical Description
- p. 137-153; grafs., tabls.
- UN symbol:
A key aspect of developing countries is the existence of a large informal sector. In the present paper, we analyse the effect of this feature on the relationship between unemployment changes and output growth for Mexico, a country characterized by the existence of a large informal sector. Following...
Relaciones dinámicas del producto y el empleo en México: una evaluación de sus componentes permanentes y transitorios
- Author(s):
- Islas C., Alejandro |
- Cortez, Willy Walter
- Serie:
- No.
- 111
- Date Issued
- 2013-12
- Physical Description
- p. 167-182; grafs., tabls.
- UN symbol:
Las conclusiones de estudios anteriores sobre la relación entre los componentes
cíclicos del producto y el desempleo en México permiten suponer que esta es muy
similar a la existente en la economía de los Estados Unidos de América. Ello indicaría
que las relaciones dinámicas entre el producto y ...
México: ¿cómo inciden las políticas monetarias en las tasas de desempleo?
- Author(s):
- Islas C., Alejandro |
- Cortez, Willy Walter
- Serie:
- No.
- 107
- Date Issued
- 2012-08
- Physical Description
- grafs., tabls.
- p. 197-217
- UN symbol: