Measuring the macroeconomic impact of workers' remittances in a data-rich environment.
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 remittan...
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| Format: | Journal article |
| Language: | English |
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Taylor and Francis
2007
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