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- Title
ENTRE LOS DILEMAS ECONÓMICOS Y LA CONFIANZA CIUDADANA: SALARIOS E INFLACIÓN EN MÉXICO.
- Authors
Andrade Rosas, Luis Antonio; Gaytán Alcalá, Felipe; Bautista León, Andrea
- Abstract
Sometimes, subsidiary policies mitigate inflationary problems and try to avoid social protests, maintain or increase confidence in the government. We compare the relationships between wages and inflation for the last three six-year terms in Mexico. For the period 2006-2012 the level of inflation does not determine a salary increase, in 2012-2018, it caused an increase of 4% and since 2018, the increase was 16.4%. Additionally, we estimate the percentage of acceptance of each government, based on inflationary and subsidiary policies, using a logit model. The results show that inflation negatively affected government acceptance by 0.113%, while the salary increase increased it by 0.108%. Regarding each ruler, the acceptance of 79% of the government in turn stands out, being the largest in recent decades.
- Subjects
MEXICO; PRICE inflation; EFFECT of inflation on income; SOCIAL policy; ANTI-inflationary policies; MINIMUM wage; WAGE increases
- Publication
Revista de Economía Institucional, 2024, Vol 26, Issue 50, p53
- ISSN
0124-5996
- Publication type
Article
- DOI
10.18601/01245996.v26n50.03