Delajara, Marcelo - Banco de México - 2010
We determine the extent of cyclical comovement in employment among the regions of Mexico by analyzing the covariance of … the disturbances in regional cycles during the period July 1997 - October 2009. Employment refers to the number of workers … structural multivariate model of the employment time series. We find, for most regions, that employment comovement is high and …