growth and unemployment in Mexico during the period 2000Q2-2018Q4. The results show that tourism growth is a palliative for … unemployment, whereas unemployment reduces the growth of the tourism sector. The results also show that the relationship between …

Post Keynesian (PK) growth models typically fail to model unemployment. That shows up in the absence of any equilibrium … or exploding unemployment rate. The underlying analytical problem is failure to resolve the Harrod (1939) knife edge …