whether changes in matching frictions can explain the large and persistent increase in Mexican unemployment after the 2008 … unemployment rate. Hence, these results suggest that changes in matching frictions cannot explain most of the increase in … unemployment. …

The non-accelerating inflation rate of unemployment (NAIRU) is not directly observable and the presence of informal … formal job. In this paper, we present an estimation of the traditional NAIRU for Mexico and an alternative measure that … informality seems to predict inflationary pressures more accurately when the unemployment gap is close to zero. …

earnings losses for young workers generated by unemployment: unemployment represents time forgone in terms of human capital … downturn, as documented in the empirical literature. At the aggregate level, the framework delivers youth unemployment rates … that are higher and more sensitive to fluctuations in aggregate productivity than total unemployment rates. Additionally …