Showing 1 - 10 of 92
While measured remittances by migrant workers have soared in recent years, macroeconomic studies have difficulty … offer evidence that a large majority of the recent rise in measured remittances may be illusory—arising from changes in … remittances is rising migration, which has an opportunity cost to economic product at the origin. Net of that cost, there is …
Persistent link: https://www.econbiz.de/10010783613
This paper analyzes the effects of skilled migration and remittances on fertility decisions at origin. We develop an …
Persistent link: https://www.econbiz.de/10010272622
It is time to fundamentally reframe the research agenda on remittances, payments, and development. We describe many of … why these questions dominate, the most important of which is that researchers tend to view remittances as states do (as …
Persistent link: https://www.econbiz.de/10010783623
This paper studies the effects of remittances from the U.S. on child labor and school attendance in recipient Mexican …
Persistent link: https://www.econbiz.de/10010322610
This paper analyzes the effects of the real value of the dollar on investment in US domestic manufacturing using aggregate data for 1973-2004. Econometric estimation shows a negative effect that is much larger than has been found in any previous study. The exchange rate affects investment...
Persistent link: https://www.econbiz.de/10005162566
, emerging as a proper subfield. Second, while it once embraced principally rural-urban migration and international remittances …
Persistent link: https://www.econbiz.de/10010783609
We use transaction-level data on foreign exchange (FX) forward contracts for the period 2014 through 2016 in conjunction with supervisory balance sheet information to study the drivers of banks' dollar hedging costs. Comparing contracts of the same maturity that are initiated during the same...
Persistent link: https://www.econbiz.de/10012059597
This paper estimates the cash flow and real effects of currency mismatches generated by foreign-priced operations of French manufacturers. The value of transactions invoiced in foreign currencies is twice as sensitive to exchange rates as the value of transactions invoiced in the domestic...
Persistent link: https://www.econbiz.de/10012882643
In this paper, we show that incomplete markets lead to trade imbalances. We use a two-period general equilibrium model with countries composed of heterogeneous households. We look at a world where, when markets are complete, countries engage in balanced trade; and we show that when some of those...
Persistent link: https://www.econbiz.de/10010280921
Existing literature uses data based on the residence principle to proxy for currency mismatch. This paper collects data on assets and liabilities broken by currency of denomination in the banking sector in Latin America and the Caribbean. I show that the information used in the literature cannot...
Persistent link: https://www.econbiz.de/10011788952