ON THE MEXICAN HOUSEHOLDS’ SAVINGS BEFORE AND DURING THE COVID-19 PANDEMIC

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Bartolo de Jesús Villar Hernández
María Guadalupe Jiménez Alba
Edgar Javier Sánchez Carrera

Abstract

ABSTRACT


In this research paper we analyze the Mexican household saving rates before and during the COVID-19 pandemic. Our key research goal is to update the knowledge on this topic and quantify the effects of socioeconomic and sociodemographic covariates as household saving determinants. We apply a quantile regression model taking data from the 2018 and 2020 Encuesta Nacional de Ingresos y Gastos de los Hogares. Our results provide evidence about the heterogeneity of the effects of socioeconomic and sociodemographic household saving determinants, also about the dynamic change of effects associated with the determinants and the household saving rate, as a consequence of the economic crisis derived from COVID-19.

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How to Cite
Villar Hernández, B. de J., Jiménez Alba, M. G., & Sánchez Carrera, E. J. (2022). ON THE MEXICAN HOUSEHOLDS’ SAVINGS BEFORE AND DURING THE COVID-19 PANDEMIC. Investigación Económica, 82(323), 132–152. https://doi.org/10.22201/fe.01851667p.2023.323.82625

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Author Biography

Edgar Javier Sánchez Carrera, Centro de Investigación en Matemáticas Aplicadas (CIMA) de la Universidad Autónoma de Coahuila y Departamento de Economía, Sociedad y Política (DESP) de la Università degli Studi di Urbino Carlo Bo

Edgar is Associate Professor (with tenure) of Economics at the Department of Economics, Society, and Politics at the University of Urbino Carlo Bo. In addition, since of August 2018, he is Research Fellow of the Research Center in Applied Mathematics of the Autonomous University of Coahuila, Mexico. From 2011 to 2017, Edgar served as Visiting Professor-Researcher at: i) the Faculty of Economics of the Autonomous University of San Luis Potosí, and ii) at the University of Siena, Italy. Being a lecturer on Economic Theory, Microeconomics, Econometrics, Economic Development, and Economic Growth. Edgar is graduated in 2003 in economics at the Autonomous University of Coahuila, Mexico. In 2005, Edgar completed his Master's degree in mathematical economics at the Universidad Autónoma Metropolitana, México, and in 2007 a master's degree in political economy from the University of Siena, Italy. He holds a Ph.D. in economics from the University of Siena (2010), Italy, under the supervision of Costas Azariadis and Lionello F. Punzo, and the evaluation commission by Samuel Bowles, Herbert Gintis and Elvio Accinelli. Edgar's PhD thesis explored the evolution and strategic foundations of Poverty Traps. In 2010, Edgar received the Vinci Prize for the best doctoral thesis in economics in Italy from the Parthenope University in Naples, Italy. He completed a post doctoral stay at Washington University in St. Louis, USA, under the supervision of Prof. Costas Azariadis. Main fields of research: microeconomics and macrofoundations of economic growth, institutional and development economics, problems and troubles of economic development, evolutionary game theory, applied econometrics, and poverty traps. He is a regular member of the European Economic Association He is a regular member of the National System of Researchers level II, of Conacyt-Mexico. He is a regular member of the Econometric Society He is a regular member of Società Italiana degli Economisti