Gradzka, Ewa; Roache, Shaun K. - International Monetary Fund (IMF) - 2007
We use a range of methods and remittance data from 1990 to 2007 to assess the strength and significance of linkages between remittance flows to Latin America and the U.S. business cycle. All of the evidence suggests that remittance flows are relatively insensitive to fluctuations in the U.S....