'Stay at home (if you can)': informal employment and COVID-19 in Mexico

Autor: Carlos Emmanuel Saldaña Villanueva, Joana Cecilia Chapa Cantú, Edgar Mauricio Luna Domínguez
Jazyk: English<br />Spanish; Castilian
Rok vydání: 2023
Předmět:
Zdroj: Revista Finanzas y Política Económica, Vol 15, Iss 1 (2023)
Druh dokumentu: article
ISSN: 2248-6046
2011-7663
Popis: 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.
Databáze: Directory of Open Access Journals