This paper derives generalized impulse responses from the estimation of a vector autoregression (VAR) model using monthly data between 1995 and 2005 for Mexico, to examine the inflation-RPV relationship, and to investigate if remittances could account for the observed relationship. While the...

Using Mexican data, this article analyzes the impact of the workers' remittances on the cross-section distribution of prices as well as on the evolution of individual relative prices over time for 272 consumer items. The results suggest that there are important differences in the responses of...

Bangladesh has sent more than 6.7 million workers to over 140 countries during a period of more than three decades since the mid-1970s. Most of these workers temporarily migrate to work in Middle East and Southeast Asia. This mass movement of temporary migrant workers has, to some extent, eased...