Sacrifice rate and labor precariousness in Mexico, 2005Q1-2019Q4
Since 1998, the Mexican economy has clearly presented six disinflationary episodes. We estimate seven Phillips curves, to evaluate the social cost in terms of the sacrifice rate in GDP, unemployment rate and in the Rate of Critical Labor Conditions (RCLC). Our results suggest that, by including lab...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Universidad Nacional de Colombia
2022-12-01
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Series: | Cuadernos de Economía |
Subjects: | |
Online Access: | https://revistas.unal.edu.co/index.php/ceconomia/article/view/92783 |