| dc.contributor.advisor | Dr. Juan Ramon Hernández González |
| dc.creator | Sánchez Gutiérrez, Alejandro Altair |
| dc.date.issued | 2025 |
| dc.identifier.uri | http://hdl.handle.net/11651/6428 |
| dc.description.abstract | An econometric analysis was conducted to examine the relationship between real and financial cycles in Mexico, using quarterly observations from 1993 to 2023. A VAR model and linear regressions were implemented using the GMM approach, based on a New Keynesian framework that includes an extended IS equation to account for the financial cycle, as well as another equation describing the dynamics of that cycle. The results showed that only the effect of the interest rate on the real cycle was significant and in line with theoretical expectations, while no broad or consistent relationship was found between the financial and real cycles. |
| dc.format | application/PDF |
| dc.language.iso | eng |
| dc.publisher | El Autor |
| dc.rights | Con fundamento en los artículos 21 y 27 de la Ley Federal del Derecho de Autor y como titular de los derechos moral y patrimonial, otorgo de manera gratuita y permanente al Centro de Investigación y Docencia Económicas, A.C. y a su Biblioteca autorización para que fije la obra en cualquier medio, incluido el electrónico, y la divulguen entre sus usuarios, profesores, estudiantes o terceras personas, sin que pueda percibir por tal divulgación una contraprestación. |
| dc.title | A macroeconometric approach to modelling interaction between real and financial cycles in Mexico |
| dc.type | Tesis de maestría |
| dc.accessrights | Acceso abierto |
| dc.rights.license | Creative Commons Reconocimiento-NoComercial-SinObraDerivada 4.0 Internacional CC BY-NC-ND |
| thesis.degree.grantor | Centro de Investigación y Docencia Económicas |
| thesis.degree.name | Maestría en Economía |
| dc.proquest.rights | Yes |
