Can the informal sector affect the relationship between unemployment and output? An analysis of the Mexican case
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...
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oai-11362-445622019-08-07T19:34:13Z Can the informal sector affect the relationship between unemployment and output? An analysis of the Mexican case Islas C., Alejandro Cortez, Willy Walter SECTOR INFORMAL MOVILIDAD DE LA MANO DE OBRA DESEMPLEO CRECIMIENTO ECONOMICO MODELOS MATEMATICOS ESTUDIOS DE CASOS INFORMAL SECTOR LABOUR MOBILITY UNEMPLOYMENT ECONOMIC GROWTH MATHEMATICAL MODELS CASE STUDIES 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 recent studies on Okun’s coefficient, we first test whether the relationship between the cyclical components of unemployment and output is asymmetric. We then explore the possibility that this non-linear relationship may be affected by changes in the informal sector. Our results indicate that there is evidence of an asymmetric relationship between the cyclical components. 2019-04-08T21:47:03Z 2019-04-08T21:47:03Z 2018-12-17 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/44562 LC/PUB.2018/26-P 8 en CEPAL Review CEPAL Review 126 .pdf application/pdf MEXICO MEXICO |
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SECTOR INFORMAL MOVILIDAD DE LA MANO DE OBRA DESEMPLEO CRECIMIENTO ECONOMICO MODELOS MATEMATICOS ESTUDIOS DE CASOS INFORMAL SECTOR LABOUR MOBILITY UNEMPLOYMENT ECONOMIC GROWTH MATHEMATICAL MODELS CASE STUDIES |
spellingShingle |
SECTOR INFORMAL MOVILIDAD DE LA MANO DE OBRA DESEMPLEO CRECIMIENTO ECONOMICO MODELOS MATEMATICOS ESTUDIOS DE CASOS INFORMAL SECTOR LABOUR MOBILITY UNEMPLOYMENT ECONOMIC GROWTH MATHEMATICAL MODELS CASE STUDIES Islas C., Alejandro Cortez, Willy Walter Can the informal sector affect the relationship between unemployment and output? An analysis of the Mexican case |
description |
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 recent studies on Okun’s coefficient, we first test whether the relationship between the cyclical components of unemployment and output is asymmetric. We then explore the possibility that this non-linear relationship may be affected by changes in the informal sector. Our results indicate that there is evidence of an asymmetric relationship between the cyclical components. |
format |
Texto |
author |
Islas C., Alejandro Cortez, Willy Walter |
author_facet |
Islas C., Alejandro Cortez, Willy Walter |
author_sort |
Islas C., Alejandro |
title |
Can the informal sector affect the relationship between unemployment and output? An analysis of the Mexican case |
title_short |
Can the informal sector affect the relationship between unemployment and output? An analysis of the Mexican case |
title_full |
Can the informal sector affect the relationship between unemployment and output? An analysis of the Mexican case |
title_fullStr |
Can the informal sector affect the relationship between unemployment and output? An analysis of the Mexican case |
title_full_unstemmed |
Can the informal sector affect the relationship between unemployment and output? An analysis of the Mexican case |
title_sort |
can the informal sector affect the relationship between unemployment and output? an analysis of the mexican case |
publishDate |
2019 |
url |
http://hdl.handle.net/11362/44562 |
work_keys_str_mv |
AT islascalejandro cantheinformalsectoraffecttherelationshipbetweenunemploymentandoutputananalysisofthemexicancase AT cortezwillywalter cantheinformalsectoraffecttherelationshipbetweenunemploymentandoutputananalysisofthemexicancase |
_version_ |
1718441361552703488 |