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Life-Cycle Deficit and Income from Abroad MEXICO 2004-2006. Iván Mejía-Guevara Virgilio Partida-Bush Seoul, Nov-06, 2007. Contents Life-Cycle Deficit: MEXICO 2004-2006 Smoothing Remittances Future work. Life-Cycle Deficit: MEXICO 2004-2006. A c =31. A YL =39.
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Life-Cycle Deficit and Income from Abroad MEXICO 2004-2006 Iván Mejía-Guevara Virgilio Partida-Bush Seoul, Nov-06, 2007
Contents • Life-Cycle Deficit: MEXICO 2004-2006 • Smoothing • Remittances • Future work
Ac=31 AYL=39 Demand for negative wealth
2006 2004 2005
Remittances, Mexico 2004 Source: NIPA 2004 Source: Central Bank of Mexico
LCD Profiles for 2000 and 2002 • Remittances Profile • Asset reallocations and Transfers 2004
Thank you! Chichen-Itza, Yucatán, México