Mexico: Selected Issues

February 13, 2009

Preview Citation

Format: Chicago

Mexico: Selected Issues, (USA: International Monetary Fund, 2009) accessed December 27, 2024

Summary

This Selected Issues paper on Mexico presents econometric investigation of the cyclical determinants of remittances to Mexico. The aggregate U.S. business cycle is not necessarily relevant for remittances. Remittances to Mexico do show a significant relationship with employment conditions in certain regions of the United States. Employment conditions in the U.S. construction sector seem to be especially important as well as remittances for certain regions of Mexico with high rates of emigration, and for many low-income households where they may constitute a sizable share of total income.

Subject: Balance of payments, Banking, Commercial banks, Credit risk, Currencies, Employment, Financial institutions, Financial regulation and supervision, Labor, Money, Remittances

Keywords: Balance sheet data, Bank soundness, Banking sector, Commercial banks, CR, Credit risk, Currencies, Currency, Currency derivative exposure, Currency derivative trade, Derivative, Derivatives strategy, Employment, Firm, FX derivatives loss, Global, ISCR, Mexico, Remittance, Remittances

Publication Details

Pages:

18
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/054
Stock No:

1MEXEA2009004
ISBN:

9781451825855
ISSN:

1934-7685

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