In this document I apply a recently developed econometric technique to prove the existence of common movements between time series. Said methodology is used to test and measure the existence of common cycles between the economies of Mexico and the United States for the 1993-2001 period. It is...

In this document I apply a recently developed econometric technique to prove the existence of common movements between time series. Said methodology is used to test and measure the existence of common cycles between the economies of Mexico and the United States for the 1993-2001 period. It is...

It is evident that there exists a high degree of economic interdependence betweenMexico and the United States at the aggregate level. It is not clear, however, that this relationship holds for individual economic sectors. In this document we investigate the existence of common movements, at...

The document presents a test for the existence of binding long- and short-run (common trend-common cycle) restrictions in the dynamics of a set of Mexican macroeconomic variables. These restrictions are imposed in a VAR to decompose the series into their permanent and transitory components. The...

Traditionally, the analysis of the impact of public expenditure on private expenditure has been performed via graphical evaluations and simple econometric exercises. In this document we present a detailed econometric analysis of the relationship between said variables. In particular, we evaluate...