Lorenzo Rodrigo Aldeco Leo
Banco de México
In writing Mexico's entry into World of Labor, my Bank of Mexico coauthors and I had a chance to take a big-picture view of the Mexican labor market. It was a fruitful, enjoyable exercise that helped us gain renewed clarity in interpreting labor trends and challenges from the perspective of the Central Bank.
IZA World of Labor role
Author
Current position
Research Economist
Research interest
Labor Economics, Urban Economics, Development Economics
Qualifications
PhD Economics, Brown University, 2020
Selected publications
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"Internal migration and drug violence in Mexico." Journal of Development Economics 171 (2024): 103334 (with Jurado, A., and Ramírez-Álvarez, A. A.).
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"Remote work and high-proximity employment in Mexico." BIS Working Papers No 1133 (2023) (with Saldeco, A.).
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"Labor Market Consequences of Homicides: Evidence from Mexico." IMF Working Papers No. 2025/100 (with Ghilardi, M., and Tuesta, H.)
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"An estimation of the Phillips curve in Mexico using city-level data." Banco de México Working Papers No. 2025-14 (with Reyes Rocha, H.)
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The labor market in Mexico, 2005–2025
Mexico faces challenges in creating more high-paying jobs
While Mexico has improved the education of its labor force, maintained a stable macroeconomic environment, and been friendly to international trade, its labor market still faces many challenges. In particular, Mexico has difficulty creating high-paying jobs: the share of informal employment has remained stagnant for the last 20 years, and, by 2025, remains above 50%. These problems are particularly poignant in southern Mexico.MoreLess