<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2448-718X</journal-id>
<journal-title><![CDATA[El trimestre económico]]></journal-title>
<abbrev-journal-title><![CDATA[El trimestre econ]]></abbrev-journal-title>
<issn>2448-718X</issn>
<publisher>
<publisher-name><![CDATA[Fondo de Cultura Económica]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2448-718X2018000200311</article-id>
<article-id pub-id-type="doi">10.20430/ete.v85i338.322</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Perfiles de ahorro y pago de deuda en el ciclo de vida de los hogares mexicanos]]></article-title>
<article-title xml:lang="en"><![CDATA[Profiles of Saving and Payment of Debt in the Life Cycle of Mexican Households]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Ceballos Mina]]></surname>
<given-names><![CDATA[Owen Eli]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Autónoma Metropolitana Departamento de Economía ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>06</month>
<year>2018</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>06</month>
<year>2018</year>
</pub-date>
<volume>85</volume>
<numero>338</numero>
<fpage>311</fpage>
<lpage>339</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S2448-718X2018000200311&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S2448-718X2018000200311&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S2448-718X2018000200311&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen  Antecedentes:  La incertidumbre que enfrentan las familias mexicanas sobre sus ingresos futuros y las expectativas sobre la política de inclusión financiera mantienen el foco de atención en los estudios del financiamiento del consumo. Caracterizar el comportamiento del ahorro y el crédito de los hogares es fundamental en la estrategia de desarrollo financiero.  Método:  Apoyado en un panel sintético, este artículo modela en forma semiparamétrica los perfiles de ahorro y pago de deuda de las familias a lo largo del ciclo de vida.  Resultados:  Se muestra que el inicio de la vida familiar depende en mayor proporción del crédito, mientras que al final existe un perfil de ahorro elevado, sostenido y distinto a la reducción predicha por el modelo del ciclo de vida. Capital humano e ingresos explican las principales disimilitudes en los patrones de financiamiento de los hogares.  Conclusiones: Los resultados evidencian la persistencia de grandes desigualdades en el proceso de financiamiento; con ello, se plantea la urgencia de la educación financiera e incentivos efectivos para la promoción del ahorro en la estrategia de inclusión del país.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract  Background:  Considering the uncertainty of Mexican families about their future income and grand expectations on financial inclusion policies in the country, consumption studies continue to be important. Studying household savings and credit patterns is a fundamental key to financial development.  Methods:  This paper uses a synthetic panel to provide a semi-parametric estimation of savings and debt patterns over life cycle.  Result: It shows that the beginning of family life mainly depends on credit, while at the end, there is a high monetary saving profile, sustained and different from the reduction predicted by the life cycle model. Human capital and income explain most of differences between families&#8217; financial patterns.  Conclusions:  Results show persistence of inequalities in the financing process; financial literacy and saving incentives should be main goals for the country&#8217;s inclusion strategy.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[ahorro]]></kwd>
<kwd lng="es"><![CDATA[crédito]]></kwd>
<kwd lng="es"><![CDATA[ciclo de vida]]></kwd>
<kwd lng="es"><![CDATA[inclusión financiera]]></kwd>
<kwd lng="en"><![CDATA[savings]]></kwd>
<kwd lng="en"><![CDATA[credit]]></kwd>
<kwd lng="en"><![CDATA[life cycle]]></kwd>
<kwd lng="en"><![CDATA[financial inclusion]]></kwd>
</kwd-group>
</article-meta>
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