A sizable literature has concluded that remittances impact the expenditure patterns of households. We explore how the uncertainty of remittance income inflows affects the accumulation of human, physical and financial assets of Mexican households, while accounting for the level of transfers from...

While a sizable literature has concluded that remittances impact the expenditure patterns of households, we have a limited understanding of how the predictability of these money flows affect their usage by remittance-receiving households. Using data from Mexico, we find that both the size and...

A sizable literature has concluded that remittances impact the expenditure patterns of households. We explore how the uncertainty of remittance income inflows affects the accumulation of human, physical and financial assets of Mexican households, while accounting for the level of transfers from...

Time series on U.S. international macroeconomic variables from the prewar period are compared to postwar data to explore whether the uncertainty experienced by economic agents differs over the two historical time periods. Conditional time series measures of uncertainty reveal that shocks to the...