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Un modelo macroeconométrico de simulación con microfundamentos para la economía mexicana

Author

Listed:
  • Lucía A. Ruiz-Galindo

    (Departamento de Economía, Universidad Autónoma Metropolitana-Azcapotzalco.)

  • Francisco Venegas-Martínez

    (Escuela Superior de Economía, Instituto Politécnico Nacional.)

Abstract

This paper develops a macroeconometric simulation model for Mexico on a microeconomics basis. This proposal has several distinctive features that makes it different from other models that have been previously elaborated for the Mexican economy. Behavioral relationships are not specified in an ad-hoc manner, but by means of the study of rational behavior of all the economic agents and their interactions with the markets. Through the formulation of intertemporal optimization models, the dynamics of the key macroeconomic variables are determined. Our proposal allows to reproduce stylized facts of the Mexican economy observed between 1995 and 2002.

Suggested Citation

  • Lucía A. Ruiz-Galindo & Francisco Venegas-Martínez, 2007. "Un modelo macroeconométrico de simulación con microfundamentos para la economía mexicana," Economía Mexicana NUEVA ÉPOCA, CIDE, División de Economía, vol. 0(2), pages 165-217, July-Dece.
    • Handle: RePEc:emc:ecomex:v:16:y:2007:i:2:p:165-217
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    File URL: http://www.economiamexicana.cide.edu/num_anteriores/XVI-2/01_RUIZ.pdf
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    Citations

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    Cited by:

    1. Miguel Ángel Mendoza González, 2020. "Sensibilidad y asimetrías ante choques de ingreso en el consumo privado de México, 1995-2017. (Sensitivity and asymmetries of income shocks in Mexico's private consumption, 1995-2017)," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(1), pages 21-58, May.

    More about this item

    Keywords

    macroeconometric model; simulation; intertemporal choice and growth.;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation

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