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In this paper we analyze the synchronization between the business cycles of US and Mexican regions. Regional economic activity in Mexico is measured using regional coincident indexes recently developed at Banco de México, while US aggregate economic activity is measured with the national...
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In this paper we analyze the synchronization between the business cycles of US and Mexican regions. Regional economic activity in Mexico is measured using regional coincident indexes recently developed at Banco de México, while US aggregate economic activity is measured with the national...
Persistent link: https://www.econbiz.de/10009541401
employment across Mexican states. As a measure of formal employment we use the number of workers with permanent contracts … states are highly heterogeneous with respect to the degree of employment comovement and the association between the state and … national employment. Only in 11 of the 32 states we find that fluctuations in state employment are highly synchronized between …
Persistent link: https://www.econbiz.de/10010322579
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 …
Persistent link: https://www.econbiz.de/10010322630
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 …
Persistent link: https://www.econbiz.de/10008752088