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Vacation Over : Implications for the Caribbean of Opening U.S.-Cuba Tourism

Romeu, Rafael - 2008

An opening of Cuba to U.S. tourism would represent a seismic shift in the Caribbean's tourism industry. This study models the impact of such a potential opening by estimating a counterfactual that captures the current bilateral restriction on tourism between the two countries. After controlling...

Persistent link: https://www.econbiz.de/10014409021

The Propensity to Remit: Macro and Micro Factors Driving Remittances to Central America and the Caribbean

Bidawi, Hussein - 2022

In contrast to expectations, remittances to Central America and the Caribbean (CAC) surprised positively during 2020 … and 2021. This study revisits the key macro indicators driving remittances, looks at the heterogeneous impacts of the …

Persistent link: https://www.econbiz.de/10015060057

Remittances and Vulnerability in Developing Countries

Bettin, Giulia; Presbitero, Andrea; Spatafora, Nicola - International Monetary Fund (IMF) - 2014

This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions … remittances from 103 Italian provinces to 107 developing countries over the period 2005-2011. We find that remittances are … as natural disasters or large declines in the terms of trade. Remittances are positively correlated with economic …

Persistent link: https://www.econbiz.de/10011142103

Recession and policy transmission to Latin American tourism : does expanded travel to Cuba offset crisis spillovers?

Romeu, Rafael; Wolfe, Andy - 2011

This study measures the impact of changing economic conditions in OECD countries on tourist arrivals to countries/destinations in Latin America and the Caribbean. A model of utility maximization across labor, consumption of goods and services at home, and consumption of tourism services across...

Persistent link: https://www.econbiz.de/10009487105

Empirical Evidence on the Effects of Tax Incentives

Klemm, Alexander - 2009

This paper considers two empirical questions about tax incentives: (1) are incentives used as tools of tax competition and (2) how effective are incentives in attracting investment? To answer these, we prepared a new dataset of tax incentives in over 40 Latin American, Caribbean and African...

Persistent link: https://www.econbiz.de/10012677803

Measuring the Informal Economy in Latin America and the Caribbean

Vuletin, Guillermo Javier - 2008

This paper estimates the size of the informal economy for 32 mainly Latin American and Caribbean countries in the early 2000s. Using a structural equation modeling approach, we find that a stringent tax system and regulatory environment, higher inflation, and dominance of the agriculture sector...

Persistent link: https://www.econbiz.de/10012677451

Energy Subsidies in Latin America and the Caribbean

Di Bella, Gabriel - 2015

The oil price decline creates an opportunity to dismantle energy subsidies, which escalatedwith high oil prices. This paper assesses energy subsidies in Latin America and theCaribbean-about 1.8 percent of GDP in 2011-13 (approximately evenly split betweenfuel and electricity), and about 3.8...

Persistent link: https://www.econbiz.de/10012678979

Digitalization and Employment Gender Gaps During the COVID-19 Pandemic: Evidence from Latin America and the Caribbean

Yang, Yuanchen - 2024

Despite its negative effects, the COVID-19 pandemic has also accelerated Latin America's digitalization. The rapid increase in connectivity and digital services was helpful in mitigating the pandemic's negative impact on the labor markets, especially for those with enough flexibility to continue...

Persistent link: https://www.econbiz.de/10015058765

Crypto Assets and CBDCs in Latin America and the Caribbean: Opportunities and Risks

Appendino, Maximiliano - 2023

After providing a general overview of the nature, pros, and cons of crypto assets and CBDCs, this paper focuses on documenting their recent experience in LAC. The region records a high interest in unbacked crypto assets and stablecoins and its authorities' policy responses have varied...

Persistent link: https://www.econbiz.de/10015059686

The trade impact of China on EMU : is it even across members?

Mikkelsen, Uffe; Pérez Ruiz, Esther - 2012

This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area countries. Simulations on the impact of productivity...

Persistent link: https://www.econbiz.de/10009622526

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