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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Autores principales: Islas C., Alejandro, Cortez, Willy Walter
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Lenguaje:English
Publicado: 2019
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Acceso en línea:http://hdl.handle.net/11362/44562
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spelling 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
institution Cepal
collection Cepal
language English
topic 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
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