EconStor >
Stockholm School of Economics >
EFI - The Economic Research Institute, Stockholm School of Economics >
SSE/EFI Working Paper Series in Economics and Finance, EFI - The Economic Research Institute, Stockholm School of Economics >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/56165
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorMagnusson, Kristinen_US
dc.date.accessioned2012-02-15en_US
dc.date.accessioned2012-03-28T13:05:06Z-
dc.date.available2012-03-28T13:05:06Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/56165-
dc.description.abstractThe current economic slowdown in the United States and the decline in remittance growth to some Latin American countries have intensified the interest in the relationship between these variables. We investigate whether host country conditions affect remittance outflows to Latin America, focusing on the roles of regional U.S. business cycles, geographical variation in immigrant density and sectoral factors. Using quarterly data for 1995-2008, we find that remittance flows are strongly influenced by economic conditions in the specific regions of the U.S. where migrants are clustered, as well as in the sectors especially important for immigrants' employment opportunities. The results are in sharp contrast to previous research suggesting that remittance flows are relatively insensitive to fluctuations in the aggregate U.S. business cycle. Precise estimation of these linkages is also shown to matter for gauging the sensitivity of remittances to economic conditions in the home country, and hence the extent to which remittances might buffer domestic shocks as well as transmitting external ones.en_US
dc.language.isoengen_US
dc.publisherEkonomiska Forskningsinst. Stockholmen_US
dc.relation.ispartofseriesSSE/EFI Working Paper Series in Economics and Finance 710en_US
dc.subject.jelE32en_US
dc.subject.jelF15en_US
dc.subject.jelF22en_US
dc.subject.jelF24en_US
dc.subject.jelR11en_US
dc.subject.ddc330en_US
dc.subject.keywordRemittancesen_US
dc.subject.keywordBusiness Cyclesen_US
dc.subject.keywordCentral Americaen_US
dc.subject.keywordMexicoen_US
dc.subject.keywordUnited Statesen_US
dc.subject.stwRegionaler Konjunkturzyklusen_US
dc.subject.stwRücküberweisung (Migranten)en_US
dc.subject.stwLateinamerikaen_US
dc.subject.stwMexikoen_US
dc.subject.stwUSAen_US
dc.titleThe impact of US regional business cycles on remittances to Latin Americaen_US
dc.typeWorking Paperen_US
dc.identifier.ppn592506134en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:SSE/EFI Working Paper Series in Economics and Finance, EFI - The Economic Research Institute, Stockholm School of Economics

Files in This Item:
File Description SizeFormat
592506134.pdf248.22 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.