The tale of three amigos: Remittances, exchange rates, and money demand in Mexico.
The author analyzes the relationship between remittances, exchange rates, and money demand in Mexico. He finds that shocks to remittances have a positive impact on domestic money demand. The results also suggest the existence of a bi-directional relationship between remittances and the exchange rate...
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| Formato: | Journal article |
| Lenguaje: | English |
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Blackwell Publishing
2009
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