Effects of inflationary wage increases on jobs in the Mexican labor market

  • Carlos Alberto Jiménez-Bandala
  • Luis Antonio Andrade Rosas
  • Nayeli Pérez Juárez

Resumen

In the international context of the largest increase in inflation in the last 40 years, the recommendations of neoclassical economics continue to be aimed at reducing demand through restrictive monetary policies and therefore oppose higher-inflation wage increases. However, this average causes serious losses in the purchasing power of families and therefore a substantial increase in working poverty. In this article we demonstrate, through a panel model, that increases in the salary level did not negatively affect formal jobs in Mexico from 1997 to 2022, quite the contrary, there is a positive and statistically significant effect. Therefore, it is concluded that it is advisable to carry out policies that promote an inflationary salary increase that avoids the degradation of the living conditions of the working class.

Biografía del autor/a

Carlos Alberto Jiménez-Bandala

Professor-Researcher, Department of Marketing and Business, Autonomous University of Quintana Roo, Campus Cancun. Member of the National System of Researchers Level I. C. E. carlos.jimenez-uqroo.edu.mx.

Luis Antonio Andrade Rosas

Professor-Researcher of the research vice-rectorate of the University La Salle Mexico, Member of the National System of Researchers Level I.

Nayeli Pérez Juárez

Researcher at the Institute of Economic Research of the National Autonomous University of Mexico Member of the National System of Researchers Level C.

Publicado
2022-12-13
Cómo citar
Jiménez-Bandala, C., Andrade Rosas, L., & Juárez, N. (2022). Effects of inflationary wage increases on jobs in the Mexican labor market. Revista Internacional De Salarios Dignos, 4(2), 114-126. Recuperado a partir de https://revistasinvestigacion.lasalle.mx/index.php/OISAD/article/view/3577

Artículos más leídos del mismo autor/a

1 2 > >>