| Journal: | Estudios económicos |
| Database: | CLASE |
| System number: | 000329074 |
| ISSN: | 0188-6916 |
| Authors: | Campos Vázquez, Raymundo M1 |
| Institutions: | 1El Colegio de México, México, Distrito Federal. México |
| Year: | 2010 |
| Season: | Ene-Jun |
| Volumen: | 25 |
| Number: | 1 |
| Pages: | 177-246 |
| Country: | México |
| Language: | Inglés |
| Document type: | Artículo |
| Approach: | Analítico, socioeconómico |
| English abstract | This paper studies the effects of macroeconomic shocks in employment and wages for the case of Mexico. I find that young and unskilled workers are the most affected by an economic shock in terms of unemployment, labor force participation and employment in the informal sector. I derive a theoretical model to study the effects of macroeconomic shocks on wages and employment composition. The theoretical findings imply that the elasticities of labor supply in the formal and informal sector are close to 0.75 and 0 respectively, and both labor demand elasticities are close to 1 |
| Disciplines: | Economía |
| Keyword: | Condiciones económicas, Economía del trabajo, México, Macroeconomía, Crisis económica, Empleo, Salarios, Informalidad |
| Full text: | Texto completo (Ver PDF) |
