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Instituciones formales e informales y el mercado mexicano de las afores/Formal and Informal Institutions, and the Mexican Market of Afores

Yolloyeztzin Nicolás Díaz Rodríguez () and Jose Vargas-Hernandez ()
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Yolloyeztzin Nicolás Díaz Rodríguez: Universidad de Guadalajara, C.U. de Ciencias Económico Administrativas, Núcleo Universitario Los Belenes, Zapopan, Jalisco, 45100, México.

Estudios de Economía Aplicada, 2015, vol. 33, No 3, 929-940

Abstract: En este trabajo se hace una revisión y análisis de un mercado relativamente nuevo en México, el mercado de las Afores. El mercado de las Afores tiene una importancia fundamental en el desarrollo social y la vida económica del país; sin embargo, no se ha desarrollado como se esperaba ni ha dado los resultados que se necesitan. En este trabajo se propone que el lento desarrollo del mercado de las Afores se debe a factores institucionales, tanto formales como informales. Se analizan las principales fuerzas del mercado, la demanda y la oferta, y se expone el vínculo que se ha encontrado en cada una de ellas y su lento desarrollo con el marco jurídico que las rige y los rasgos culturales de la sociedad mexicana. In this paper it is made a review and analysis of a relatively new market in Mexico, the market of Afores. The market of Afores is of fundamental importance in the social development and economic life of the country; however, the market has not been developed as expected and given the results that are needed. This paper proposes that the slow development of the market is due to the institutional factors of the Afores, both formal and informal. The main forces of the market, demand and supply, are analyzed, and the link found in each of them, as well as their slow develop¬ment due to both the legal framework and the cultural traits of the Mexican society.

Keywords: Afore; Instituciones formales; mercado; instituciones informales; Afore; Administrative Processes in Public Organizations; Market Performance; Social Choice. (search for similar items in EconPapers)
JEL-codes: D71 L11 (search for similar items in EconPapers)
Date: 2015
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Estudios de Economía Aplicada is currently edited by Jose Luis Rojo García

More articles in Estudios de Economía Aplicada from Estudios de Economía Aplicada Beatriz Rodríguez Prado. Facultad de CC.EE. y EE. Avda. Valle del Esgueva. Valladolid 47011 SPAIN. Contact information at EDIRC.
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