This study investigates the extent to which Mexican workers’ remittances are affected from the recent housing market decline in the United States. Results from a multivariate model reveal that an increase in the national U.S. foreclosure rate has a negative and statistically significant impact...

Existe un creciente interés entre varias economías emergentes por promover la emisión de bonos sub-nacionales, pues consideran que tales instrumentos pueden ser una alternativa viable para aumentar el margen de maniobra financiera de los emisores, y una herramienta útil para acelerar el...

There is a growing gap between infrastructure needs and available funding along the U.S.-Mexico border. A recent proposal to address the situation calls for the creation of a bi-national mechanism of bond financing to enable sub-national governments from both countries to issue bonds jointly....