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Estudios Económicos 2010, 25 (1)

Author: Raymundo M.
Campos-Vázquez 1314


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Estudios Económicos ISSN: 0188-6916 jsempe@colmex.mx El Colegio de México, A.C. México Campos-Vázquez, Raymundo M. THE EFFECTS OF MACROECONOMIC SHOCKS ON EMPLOYMENT: THE CASE OF MEXICO Estudios Económicos, vol.
25, núm.
1, enero-junio, 2010, pp.
177-246 El Colegio de México, A.C. Distrito Federal, México Available in: http:--www.redalyc.org-articulo.oa?id=59715794006 How to cite Complete issue More information about this article Journals homepage in redalyc.org Scientific Information System Network of Scientific Journals from Latin America, the Caribbean, Spain and Portugal Non-profit academic project, developed under the open access initiative THE EFFECTS OF MACROECONOMIC SHOCKS ON EMPLOYMENT: THE CASE OF MEXICO∗ Raymundo M.
Campos-Vázquez El Colegio de México Resumen: Se estudian los efectos de choques macroeconómicos en empleo y salarios para el caso de México.
Encontramos que trabajadores jóvenes y menos calificados son los más afectados por un choque económico en términos de desempleo, participación en la fuerza laboral y empleo en el sector informal.
Se deriva un modelo teórico para estudiar los efectos de choques macroeconómicos en salarios y composición de empleo.
Los resultados teóricos implican que las elasticidades de la oferta laboral en el sector formal e informal son cercanas a 0.75 y 0, respectivamente, y que ambas elasticidades de la demanda laboral son cercanas a 1. 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 ...





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