<?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>1665-5346</journal-id>
<journal-title><![CDATA[Revista mexicana de economía y finanzas]]></journal-title>
<abbrev-journal-title><![CDATA[Rev. mex. econ. finanz]]></abbrev-journal-title>
<issn>1665-5346</issn>
<publisher>
<publisher-name><![CDATA[Instituto Mexicano de Ejecutivos de Finanzas A.C.]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1665-53462025000400001</article-id>
<article-id pub-id-type="doi">10.21919/remef.v20i4.1035</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Moneda funcional, inversión y generación de empleos en México]]></article-title>
<article-title xml:lang="en"><![CDATA[Functional currency, investment, and employment in Mexico]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Ayala Gaytán]]></surname>
<given-names><![CDATA[Edgardo]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Ibarra Salazar]]></surname>
<given-names><![CDATA[Jorge]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Autónoma de Nuevo León  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2025</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2025</year>
</pub-date>
<volume>20</volume>
<numero>4</numero>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1665-53462025000400001&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1665-53462025000400001&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1665-53462025000400001&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen i) Objetivo. Estimar el efecto sobre la inversión y generación de empleos al adoptarse un esquema de moneda funcional en México. ii) Metodología. Usando una serie de tiempo trimestral de 2000 a 2019 se estima un modelo para determinar el efecto de la baja en la tasa de interés sobre la inversión, provocada por la adopción de una moneda funcional. Aplicando la matriz insumo-producto se determina entonces el efecto sobre el empleo a escala nacional. iii) Resultados. Con la reducción de un punto porcentual en la tasa de interés real, la inversión se incrementaría en 23.9 mil millones de pesos. iv. Recomendaciones. Revisar el régimen fiscal de las empresas que operan en los mercados internacionales para valorar el régimen de moneda funcional. v. Limitaciones e implicaciones. Modificando las regulaciones en el ámbito fiscal de empresas multinacionales se puede fomentar el crecimiento económico y la generación de empleos. vi. Originalidad. El estudio estima a-priori el efecto de la introducción de una moneda funcional en una economía nacional. vii. Conclusiones. El impacto estimado del régimen de moneda funcional en México sería de un aumento del producto nacional en 35.6 mil millones de pesos, creándose 72.9 mil empleos adicionales.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract i) Objective. To estimate the effect on investment and employment of adopting a functional currency scheme in Mexico. ii) Methodology. Using quarterly time series from 2000 to 2019, a model is estimated to determine the effect of the drop in the interest rate on investment, caused by the adoption of a functional currency. By applying the input-output matrix, the effect on employment at the national level is then determined. iii) Results. With the reduction of one percent in the real interest rate, investment would increase by 23.9 billion pesos. iv. Recommendations. Review the tax regime of companies operating in international markets to assess the functional currency regime. v. Limitations and implications. Modifying the fiscal regulations of multinational companies can promote economic growth and job creation. vi. Originality. The study estimates a - priori the effect of the introduction of a functional currency on a national economy. vii. Conclusions. The estimated impact of the functional currency regime in Mexico would be an increase in the national product by 35.6 billion pesos, creating 72.9 thousand additional jobs.]]></p></abstract>
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<kwd lng="es"><![CDATA[C22]]></kwd>
<kwd lng="es"><![CDATA[C67]]></kwd>
<kwd lng="es"><![CDATA[Moneda funcional]]></kwd>
<kwd lng="es"><![CDATA[inversión]]></kwd>
<kwd lng="es"><![CDATA[empleo]]></kwd>
<kwd lng="es"><![CDATA[series de tiempo]]></kwd>
<kwd lng="en"><![CDATA[E22]]></kwd>
<kwd lng="en"><![CDATA[H32]]></kwd>
<kwd lng="en"><![CDATA[C22]]></kwd>
<kwd lng="en"><![CDATA[C67]]></kwd>
<kwd lng="en"><![CDATA[Functional currency]]></kwd>
<kwd lng="en"><![CDATA[investment]]></kwd>
<kwd lng="en"><![CDATA[employment]]></kwd>
<kwd lng="en"><![CDATA[time series]]></kwd>
</kwd-group>
</article-meta>
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