English, Article edition: Measuring the macroeconomic impact of workers' remittances in a data-rich environment Carlos Vargas-Silva

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Measuring the macroeconomic impact of workers' remittances in a data-rich environment
Author
  • Carlos Vargas-Silva
Physical Description
  • article
Notes
  • This article uses 85 monthly time series from Mexico to study the macroeconomic impact of workers' remittances. The estimation approach is based on the two-step factor augmented vector autoregression methodology used by Bernanke et al. (2005). The results show that Mexico's inward remittances have a positive impact on prices, the stock market, interest rates and various measures of economic activity.
  • RePEc:taf:apfelt:v:3:y:2007:i:6:p:359-363
Language
  • English
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