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...
|Main Author:||Vargas‐Silva, Carlos|
|Place of publication:||
Oxford, UK Blackwell Publishing Ltd 01.02.2009
Wiley Subscription Services, Inc
|published in:||Review of development economics Vol. 13; no. 1; pp. 1 - 14|
|Data of publication:||February 2009|
The author wishes to thank Donald Freeman, Hiranya Nath, Susan Pozo, Isabel Ruiz, Stephanie Seguino, and Mark Wheeler for helpful comments and suggestions. An earlier draft of this article was presented at the 70th Annual Meeting of the Midwest Economic Association in Chicago, Illinois.
|Online Access:||available in Bonn?|
|Database:||Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2009
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