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Mexico: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper on Mexico presents econometric investigation of the cyclical determinants of remittances to Mexico. The aggregate U.S. business cycle is not necessarily relevant for remittances. Remittances to Mexico do show a significant relationship with employment conditions in certain regions of the United States. Employment conditions in the U.S. construction sector seem to be especially important as well as remittances for certain regions of Mexico with high rates of emigration, and for many low-income households where they may constitute a sizable share of total income.

Suggested Citation

  • International Monetary Fund, 2009. "Mexico: Selected Issues," IMF Staff Country Reports 2009/054, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2009/054
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    References listed on IDEAS

    as
    1. Mr. Marcos R Souto & Mr. Rodolphe Blavy, 2009. "Estimating Default Frequencies and Macrofinancial Linkages in the Mexican Banking Sector," IMF Working Papers 2009/109, International Monetary Fund.
    2. Marcos Souto & Lisandro Abrego, 2008. "The Colombian banking sector - a contingent claims analysis," Coyuntura Económica, Fedesarrollo, December.
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