McCoy, Adam; Nziramasanga, Mudziviri; Yoder, Jonathan K. - Agricultural and Applied Economics Association - AAEA - 2007
Mexico has reported workers remittances to equal $16.6 billion in 2004, which constitutes nearly 2.5 percent of Mexicos GDP, exceeding the inflows from direct foreign investment and aid. We develop a model of remittances based on a net income concept. The model is used to generate a series of...