Bernard, Kristin Magnusson - 2009
conditions affect remittance outflows to Latin America, focusing on the roles of regional U.S. business cycles, geographical … EMU countries).
These two key stylized facts help us identify linkages between U.S. state-level and regional
economic … cycles since the 1990s compared to earlier
decades. In fact, the results in Artis and Zhang (1999) imply that most EMU …