Showing 1 - 10 of 26
Persistent link: https://www.econbiz.de/10012096698
This paper analyzes the impact of exchange rate levels and exchange rate uncertainty on US foreign direct investment into Latin America. By decomposing exchange rate uncertainty into temporary (short-run) and permanent (long-run) components, we further explore whether the nature of uncertainty...
Persistent link: https://www.econbiz.de/10005505237
This article studies the response of Mexico’s monetary policy to inflows of workers’ remittances. Previous studies have shown that remittances can have an impact on several macroeconomic variables of the receiving country (e.g. exchange rate, inflation and output, among others). Mexico has...
Persistent link: https://www.econbiz.de/10011213240
This article reviews the economics literature on the impacts of forced migration. The literature is divided into two parts: impacts on forced migrants and impacts on host communities. Studies exploring the impact of forced migration due to WWII suggest that the long-term impact is often...
Persistent link: https://www.econbiz.de/10010761188
This paper uses panel Granger causality tests to study the relationship between sector-specific foreign direct investment (FDI) and CO<sub>2</sub> emissions. Using a sample of 18 Latin American countries for the period 1980--2007, we find causality running from FDI in pollution-intensive industries (“the...
Persistent link: https://www.econbiz.de/10010974382
The last decade witnessed a significant increase in the flows of foreign direct investment (FDI) into developing countries, particularly in Latin America. This increase is likely to continue as multinational corporations look for new markets and profitable opportunities to serve or produce...
Persistent link: https://www.econbiz.de/10011050125
This article uses high-frequency exchange rate data for a group of 13 Latin American countries in order to analyse volatility co-movements. Particular interest is posed on understanding the existence of a common volatility process during the 1995-2008 period. The analysis relies on bivariate...
Persistent link: https://www.econbiz.de/10004966800
In this article we re-examine the relationship between remittances and economic growth placing special attention on the nonlinearity of this relationship. Previous studies have ignored the non-linearity of the relationship between remittances and economic growth or have used a quadratic term to...
Persistent link: https://www.econbiz.de/10004967056
This paper re-examines evidence of volatility persistence and long memory in the light of potential time-variation in the unconditional mean of the volatility series. Daily equity volatility is generally regarded as exhibiting long memory, however, recent evidence has suggested that long memory...
Persistent link: https://www.econbiz.de/10005077771
Persistent link: https://www.econbiz.de/10010557886