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Frontera norte

On-line version ISSN 2594-0260Print version ISSN 0187-7372


CASTILLO, Ramón A.. Remittances: An Analysis on cointegration for Mexico's case. Frontera norte [online]. 2001, vol.13, n.26, pp.31-50. ISSN 2594-0260.

Remittances to México represent a fundamental source of income for a large number of families. However, empirical studies analyzing their determinants are scarce. This document presents a cointegration analysis that establishes a long run relationship between remittances, México's GDP, USA's GDP and the real exchange rate. In addition, the document conducts a forecast exercise to evaluate the impact of changes in macroeconomic conditions on the flow of remittances.

Keywords : Remittances; Macroeconomic Variables; Cointegration Analysis; Mexico; United States.

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