formal job. In this paper, we present an estimation of the traditional NAIRU for Mexico and an alternative measure that …

in Mexico. To look for nonlinearities, we employ a Threshold VAR approach (TVAR). The threshold allows us to …. Our results suggest the existence of nonlinearities in Mexico only for the merchandise inflation measure, including the … over headline inflation is small. Our results are consistent with the consolidation of a low ERPT in Mexico. …