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Telesforo Ramírez

Latest Publications

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Mexico Migration Outlook First Half 2014

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Remittances-receiving households are more likely to have savings accounts and to use bank branches, but also lower use of insurance policies and ATMs. Micro businesses receiving remittances have lower sales volumes, with more production being used on own consumption.

Units:
Geographies:Mexico
Topics:Migration

Available in Spanish, English

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Do remittances foster financial inclusion in Mexico?

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With data from the National Financial Inclusion Survey (ENIF 2012), we estimate Probit models controlling by different variables. After estimating marginal effects at the means (MEMS), we found that households receiving remittances are more likely to have bank accounts (+10.2% to +11.3%) and to use bank branches (+11.0% to +18.8%), but are less likely to have insurance (-7.6% to -12.1%) and to use ATMs (-8.1% to -8.6%). We did not find any effects on having: i) a payroll account or other investments, ii) investment funds, iii) a loan or credit, iv) credit card, or v) mortgage loans. Thus, there are big opportunities to foster financial inclusion on remittance recipients

Available in Spanish, English

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Remittances accumulated 10 consecutive-months growing, rose by 4.6% in May

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In May, remittances to Mexico amounted to 2,144.5 million dollars: an increase of 4.6% in annual rate. The raise in jobs for Mexican immigrants in U.S. construction industry is a factor that has driven remittances during the first months of the year

Units:
Geographies:Mexico
Topics:Migration

Available in Spanish

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Remittances remain on growth path, in April increased 2.1% in annual rate

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In April, remittances to Mexico rose 1,980.3 million dollars, an increase of 2.1 % in annual rate. Fluctuations in recent reports on remittances are due to mixed signals on U.S. economic indicators: reduction in the unemployment rate and at the same time, a lower GDP performance than estimated by market for 2014Q1

Units:
Geographies:Mexico
Topics:Migration

Available in Spanish, English

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Yearbook of Migration and Remittances Mexico 2014

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Global Migration. Emigration in Mexico. Migrants in Transit through Mexico. Return Migration to Mexico. Those who Remain. Immigrants in Mexico. Internal Migration. Remittances. Glossary

Units:
Geographies:Mexico
Topics:Migration

Available in Spanish, English

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Remittances to Mexico grew at double digit in March: increased 16% in annual rate

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Remittances to Mexico in March reached 2,055.9 million dollars, with a change of 16.0% year-over-year, so the growth trend is maintained from the start of 2014 (8.8% in Jan ’14 and 5.7% in Feb ’14)

Units:
Geographies:Mexico
Topics:Migration

Available in Spanish, English