versão impressa ISSN 1870-6622
This paper analyzes the relationship between workers' remittances to Mexico and a group of macroeconomic variables. We review the theoretical literature on the determinants of international workers' remittances and then posit a hypothesis that is analyzed through a Vector-Error Correction Model to identify workers' remittances long-run determinants. Empirical results indicate that investment decisions are more important than altruistic motives to remit. We also find a significantly inverse relationship between the number of migrant and remittances that could be an indicator that migration to the USA is of long-term or permanent.
Palavras-chave : remesas; migración; cointegración.