Abstract

CALDERON VILLARREAL, Cuauhtémoc. Crisis and cycles in México from 1896 to 2010: A spectral analysis. Argumentos (Méx.) [online]. 2012, vol.25, n.70, pp.105-128. ISSN 0187-5795.

In this paper we analyze the behavior of the cycles of growth of the Mexican economy for the period 1896-2010. This analysis we place in the context of modern theoretical discussion of the cycle, based on the work of the New Classical Economics (NEC), the Real-Business-Cycle, the New Keynesian Economics (NEK), and the contributions of Keynes and Tobin. We identified the presence of 115 cycles in the period and we apply the spectral analysis to determine the existence of long cycles with shorter frequencies, for which we use the real gdp as the cycle indicator.

Keywords : economic growth cycles; crisis; mexican economy.

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