Do Remittances to Latin America Depend on the U.S. Business Cycle?

Do Remittances to Latin America Depend on the U.S. Business Cycle?
We use a range of methods and remittance data from 1990 to 2007 to assess the strength and significance of linkages between remittance flows to Latin America and the U.S. business cycle. All of the evidence suggests that remittance flows are relatively insensitive to fluctuations in the U.S. cycle, underlining their role as a stable source of... READ MORE...

Publication date: December 2007
ISBN 9781451868364
$18.00

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