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'Stay at home (if you can)': informal employment and COVID-19 in Mexico
'Stay at home (if you can)': informal employment and COVID-19 in Mexico
- Source :
- Revista Finanzas y Política Económica, Vol 15, Iss 1 (2023)
- Publication Year :
- 2023
- Publisher :
- Universidad Católica de Colombia, 2023.
-
Abstract
- This paper explores the relationship between residential confinement to reduce the spread of the COVID-19 virus, seen as a public policy, and how it affects the informal labor sector, as well as the responseof individuals to the pandemic in the states of Mexico. Forming panels for various levels of informality applied to panel vector auto-regressive (PVAR) shows that staying at home as public policy becomes more effective as informality decreases. In addition, the response of individuals to an increase in the spread of the pande-mic depends on the level of informality: for states with lower rates of informality, individuals respond to a higher concentration of residential confinement. But for states with a higher level of informality, the evidence is not significant. The paper considers the role of informality in the development of an effective public policy.
Details
- Language :
- English, Spanish; Castilian
- ISSN :
- 22486046 and 20117663
- Volume :
- 15
- Issue :
- 1
- Database :
- Directory of Open Access Journals
- Journal :
- Revista Finanzas y Política Económica
- Publication Type :
- Academic Journal
- Accession number :
- edsdoj.1186d6e42a01422bb2ea15816c1fb69b
- Document Type :
- article