<?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>0185-1667</journal-id>
<journal-title><![CDATA[Investigación económica]]></journal-title>
<abbrev-journal-title><![CDATA[Inv. Econ]]></abbrev-journal-title>
<issn>0185-1667</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional Autónoma de México, Facultad de Economía]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0185-16672023000100132</article-id>
<article-id pub-id-type="doi">10.22201/fe.01851667p.2023.323.82625</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[El ahorro de los hogares mexicanos antes y durante la pandemia de la covid-19]]></article-title>
<article-title xml:lang="en"><![CDATA[On the mexican households&#8217; savings before and during the covid-19 pandemic]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Villar Hernández]]></surname>
<given-names><![CDATA[Bartolo de Jesús]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Jiménez Alba]]></surname>
<given-names><![CDATA[María Guadalupe]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Sánchez Carrera]]></surname>
<given-names><![CDATA[Edgar Javier]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Autónoma Chapingo  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Universidad Autónoma Chapingo  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<aff id="Af3">
<institution><![CDATA[,Universidad Autónoma de Coahuila Centro de Investigación en Matemáticas Aplicadas ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>03</month>
<year>2023</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>03</month>
<year>2023</year>
</pub-date>
<volume>82</volume>
<numero>323</numero>
<fpage>132</fpage>
<lpage>152</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S0185-16672023000100132&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S0185-16672023000100132&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S0185-16672023000100132&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen En este trabajo de investigación analizamos la tasa de ahorro de los hogares mexicanos antes y durante la pandemia por la COVID-19. El objetivo central es actualizar el conocimiento sobre el tema, para así cuanti&#64257;car el efecto de las variables socioeconómicas y sociodemográ&#64257;cas determinantes del ahorro. Aplicamos el método econométrico de regresión cuantil para los datos de la Encuesta Nacional de Ingresos y Gastos de los Hogares de 2018 y 2020. Los resultados obtenidos comprueban la heterogeneidad de la in&#64258;uencia de las variables seleccionadas según el cuantil de la tasa de ahorro modelada, así como el cambio dinámico del efecto asociado a los determinantes y de la tasa de ahorro como consecuencia de la crisis económica derivada por la COVID-19.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[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.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[tasa de ahorro]]></kwd>
<kwd lng="es"><![CDATA[hogares]]></kwd>
<kwd lng="es"><![CDATA[regresión cuantil]]></kwd>
<kwd lng="es"><![CDATA[pobreza]]></kwd>
<kwd lng="es"><![CDATA[COVID-19]]></kwd>
<kwd lng="es"><![CDATA[México]]></kwd>
<kwd lng="es"><![CDATA[E2]]></kwd>
<kwd lng="es"><![CDATA[E6]]></kwd>
<kwd lng="es"><![CDATA[H2]]></kwd>
<kwd lng="es"><![CDATA[H5]]></kwd>
<kwd lng="es"><![CDATA[H6]]></kwd>
<kwd lng="en"><![CDATA[Saving rate]]></kwd>
<kwd lng="en"><![CDATA[households]]></kwd>
<kwd lng="en"><![CDATA[quantile regression]]></kwd>
<kwd lng="en"><![CDATA[poverty]]></kwd>
<kwd lng="en"><![CDATA[Mexico]]></kwd>
<kwd lng="en"><![CDATA[E2]]></kwd>
<kwd lng="en"><![CDATA[E6]]></kwd>
<kwd lng="en"><![CDATA[H2]]></kwd>
<kwd lng="en"><![CDATA[H5]]></kwd>
<kwd lng="en"><![CDATA[H6]]></kwd>
</kwd-group>
</article-meta>
</front><back>
<ref-list>
<ref id="B1">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Argandoña]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<source><![CDATA[Factores determinantes del ahorro]]></source>
<year>1994</year>
<numero>276</numero>
<issue>276</issue>
<publisher-loc><![CDATA[División de Investigación IESE, Universidad de Navarra ]]></publisher-loc>
<publisher-name><![CDATA[Barcelona]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B2">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Bernal Lara]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<source><![CDATA[Ahorro, crédito y acumulación de activos en los hogares pobres en México]]></source>
<year>2007</year>
<numero>4</numero>
<issue>4</issue>
<publisher-loc><![CDATA[Monterrey, Nuevo Léon ]]></publisher-loc>
<publisher-name><![CDATA[Consejo de Desarrollo Social de Nuevo León]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B3">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Beverly]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<source><![CDATA[How can the poor save? Theory and evidence on saving in low-income households and public policy]]></source>
<year>1997</year>
<numero>97-3</numero>
<issue>97-3</issue>
<publisher-loc><![CDATA[St. Louis, MO ]]></publisher-loc>
<publisher-name><![CDATA[Washington University, Center for Social Development]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B4">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Brewer]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Gardiner]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The initial impact of COVID-19 and policy responses on household incomes]]></article-title>
<source><![CDATA[Oxford Review of Economic Policy]]></source>
<year>2020</year>
<volume>36</volume>
<page-range>S187-99</page-range></nlm-citation>
</ref>
<ref id="B5">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Butelmann]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[Gallego]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
</person-group>
<source><![CDATA[Estimaciones de los determinantes del ahorro voluntario de los hogares en Chile (1988 y 1997)]]></source>
<year>2001</year>
<publisher-loc><![CDATA[Chile ]]></publisher-loc>
<publisher-name><![CDATA[Banco Central de Chile]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B6">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Camelo]]></surname>
<given-names><![CDATA[H.]]></given-names>
</name>
</person-group>
<source><![CDATA[Ingresos y gastos de consumo de los hogares en el marco del SCN y en encuestas a hogares]]></source>
<year>2001</year>
<numero>2</numero>
<issue>2</issue>
<publisher-loc><![CDATA[Santiago de Chile ]]></publisher-loc>
<publisher-name><![CDATA[Comisión Económica para América Latina y el Caribe (CEPAL), División de Estadística y Proyecciones Económicas]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B7">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Ceballos Mina]]></surname>
<given-names><![CDATA[O.E.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Ahorro, crédito y acumulación de activos en presencia de adultos mayores y contingencias económicas. Sobre México]]></article-title>
<source><![CDATA[Temas de Economía]]></source>
<year>2015</year>
<volume>1</volume>
<page-range>4-24</page-range></nlm-citation>
</ref>
<ref id="B8">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Fuentes]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
<name>
<surname><![CDATA[Villagómez]]></surname>
<given-names><![CDATA[F.A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[El ahorro en los hogares de bajos ingresos en México]]></article-title>
<source><![CDATA[El Trimestre Económico]]></source>
<year>2001</year>
<volume>68</volume>
<numero>269</numero>
<issue>269</issue>
<page-range>109-33</page-range></nlm-citation>
</ref>
<ref id="B9">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[García]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[El ahorro como cuenta de seguridad social]]></article-title>
<source><![CDATA[El Trimestre Económico]]></source>
<year>1957</year>
<volume>24</volume>
<numero>95</numero>
<issue>95</issue>
<page-range>276-97</page-range></nlm-citation>
</ref>
<ref id="B10">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Giacomini]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
<name>
<surname><![CDATA[Komunjer]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Evaluation and combination of conditional quantile forecasts]]></article-title>
<source><![CDATA[Journal of Business &amp; Economic Statistics]]></source>
<year>2005</year>
<volume>23</volume>
<page-range>416-31</page-range></nlm-citation>
</ref>
<ref id="B11">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Hogarth]]></surname>
<given-names><![CDATA[J.M.]]></given-names>
</name>
<name>
<surname><![CDATA[Anguelov]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Can the poor save?]]></article-title>
<source><![CDATA[Journal of Financial Counseling and Planning]]></source>
<year>2003</year>
<volume>14</volume>
<numero>1</numero>
<issue>1</issue>
</nlm-citation>
</ref>
<ref id="B12">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Huesca]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
<name>
<surname><![CDATA[Llamas]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
<name>
<surname><![CDATA[Jara]]></surname>
<given-names><![CDATA[H.X.]]></given-names>
</name>
<name>
<surname><![CDATA[Vargas Téllez]]></surname>
<given-names><![CDATA[C.O.]]></given-names>
</name>
<name>
<surname><![CDATA[Rodríguez]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<source><![CDATA[El impacto distributivo de la pandemia COVID-19 en México]]></source>
<year>2021</year>
<numero>1</numero>
<issue>1</issue>
<publisher-loc><![CDATA[México ]]></publisher-loc>
<publisher-name><![CDATA[Coordinación de Desarrollo Regional. Centro de Investigación en Alimentación y Desarrollo]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B13">
<nlm-citation citation-type="book">
<collab>INEGI</collab>
<source><![CDATA[Encuesta Nacional de Ingresos y Gastos de los Hogares 2018]]></source>
<year>2018</year>
<publisher-loc><![CDATA[México ]]></publisher-loc>
<publisher-name><![CDATA[Instituto Nacional de Estadística y Geografía]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B14">
<nlm-citation citation-type="book">
<collab>INEGI</collab>
<source><![CDATA[Encuesta Nacional de Ingresos y Gastos de los Hogares 2020]]></source>
<year>2020</year>
<publisher-loc><![CDATA[México ]]></publisher-loc>
<publisher-name><![CDATA[Instituto Nacional de Estadística y Geografía]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B15">
<nlm-citation citation-type="">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Koenker]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
</person-group>
<source><![CDATA[quantreg: Quantile Regression]]></source>
<year>2021</year>
</nlm-citation>
</ref>
<ref id="B16">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Koenker]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
<name>
<surname><![CDATA[Bassett]]></surname>
<given-names><![CDATA[G.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Regression Quantiles]]></article-title>
<source><![CDATA[Econometrica]]></source>
<year>1978</year>
<volume>46</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>33-50</page-range></nlm-citation>
</ref>
<ref id="B17">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Modigliani]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
<name>
<surname><![CDATA[Brumberg]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Utility analysis and the consumption function: An interpretation of cross-section data]]></article-title>
<person-group person-group-type="editor">
<name>
<surname><![CDATA[Kurihara]]></surname>
<given-names><![CDATA[K.]]></given-names>
</name>
</person-group>
<source><![CDATA[Post-Keynesian Economics]]></source>
<year>1954</year>
<page-range>388-436</page-range><publisher-loc><![CDATA[New Brunswick ]]></publisher-loc>
<publisher-name><![CDATA[Rutgers University Press]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B18">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Nava Bolaños]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
<name>
<surname><![CDATA[Brown Grossman]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Determinantes del ahorro de los hogares en México: un análisis de regresión cuantilica]]></article-title>
<source><![CDATA[Economía: Teoría y Práctica]]></source>
<year>2018</year>
<volume>49</volume>
<page-range>93-118</page-range></nlm-citation>
</ref>
<ref id="B19">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Nava Bolaños]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
<name>
<surname><![CDATA[Brown Grossman]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
<name>
<surname><![CDATA[Domínguez Villalobos]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Diferencias de género en los factores asociados al ahorro de los hogares en México]]></article-title>
<source><![CDATA[Estudios Demográficos y Urbanos]]></source>
<year>2014</year>
<volume>29</volume>
<page-range>301-39</page-range></nlm-citation>
</ref>
<ref id="B20">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Székely]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Monto y distribución del ahorro de los hogares en México]]></article-title>
<source><![CDATA[El Trimestre Económico]]></source>
<year>1998</year>
<volume>65</volume>
<numero>258</numero>
<issue>258</issue>
<page-range>263-313</page-range></nlm-citation>
</ref>
<ref id="B21">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Valles]]></surname>
<given-names><![CDATA[Y.]]></given-names>
</name>
<name>
<surname><![CDATA[Aguilar]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[El ahorro en México: evidencia en hogares]]></article-title>
<source><![CDATA[Estudios Económicos CNBV]]></source>
<year>2015</year>
<numero>182</numero>
<issue>182</issue>
<page-range>41-72</page-range></nlm-citation>
</ref>
<ref id="B22">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[West]]></surname>
<given-names><![CDATA[B.T.]]></given-names>
</name>
<name>
<surname><![CDATA[Sakshaug]]></surname>
<given-names><![CDATA[J.W.]]></given-names>
</name>
<name>
<surname><![CDATA[Aurelien]]></surname>
<given-names><![CDATA[G.A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[How big of a problem is analytic error in secondary analyses of survey data?]]></article-title>
<source><![CDATA[PLoS ONE]]></source>
<year>2016</year>
<volume>11</volume>
<numero>6</numero>
<issue>6</issue>
<page-range>1-29</page-range></nlm-citation>
</ref>
<ref id="B23">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Wu]]></surname>
<given-names><![CDATA[J.T.]]></given-names>
</name>
<name>
<surname><![CDATA[Leung]]></surname>
<given-names><![CDATA[K.]]></given-names>
</name>
<name>
<surname><![CDATA[Leung]]></surname>
<given-names><![CDATA[G.M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Nowcasting and forecasting the potential domestic and international spread of the 2019-nCoV outbreak originating in Wuhan, China: A modelling study]]></article-title>
<source><![CDATA[The Lancet]]></source>
<year>2020</year>
<volume>395</volume>
<page-range>689-97</page-range></nlm-citation>
</ref>
<ref id="B24">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Zhou]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[A pneumonia outbreak associated with a new coronavirus of probable bat origin]]></article-title>
<source><![CDATA[Nature]]></source>
<year>2020</year>
<volume>579</volume>
<page-range>270-3</page-range></nlm-citation>
</ref>
</ref-list>
</back>
</article>
