Abstract

FIGUEROA HERNANDEZ, Esther; PEREZ SOTO, Francisco; GODINEZ MONTOYA, Lucila  and  PEREZ FIGUEROA, Rebeca Alejandra. Unemployment, migration and remittances in Mexico. Revista de coyuntura y perspectiva [online]. 2022, vol.7, n.2, pp.4-42. ISSN 2415-0622.  https://doi.org/1056274/ec.2022.v.7n2.1.

The objective of the work was to find the relation of the Gross Domestic Product (GDP) of Mexico, the GDP of the United States, migration, unemployment, remittances, the interest rate, exchange rate, wages, and investment. A model of simultaneous equations was elaborated. The results were: an increase of 10.0% of US GDP, unemployment, and inflation, the number of migrants from Mexico would increase by 11.35, 2.35 and 0.23% respectively. An increase of 1.0% of the US GDP, remittances would increase by 8.8%. When the investment increased 10.0%, the national economy would grow by 6.43%. In conclusion, for the migrants and remittances the US GDP and the interest rate were significant. For investment and the exchange rate was Mexico's GDP.

Keywords : Migration; remittances; unemployment; growth; and economic Development.

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