Unemployment and low wages prevailing in the domestic market pushes female workers to look for better employment abroad. Investment in the shape of remittance further builds human capital, financial capital, and the social capital. The aim of this study is to analyze the trend of Bangladeshi...

Unemployment and low wages prevailing in the domestic market pushes female workers to look for better employment abroad. Investment in the shape of remittance further builds human capital, financial capital, and the social capital. The aim of this study is to analyze the trend of Bangladeshi...

Some observers say the 1998–2006 housing boom led to the global financial crisis and the 2007–2009 recession. The causes of the housing boom however, are a matter of considerable debate. This study attempts to settle this debate by identifying the major contributing factors to the housing...

ABSTRACT This study re-examines the exchange rate-monetary fundamentals link with in a panel data framework. Pure time series and pooled time series-based tests fail to find empirical support for monetary exchange rate models (Sarantis (1994) and Groen (2000)). Using recently developed Panel...

The role of exchange rate policy in economic development has been the subject of much debate and controversy in the development literature. Interest rates and exchange rates are usually viewed as important in the transmission of monetary impulses to the real economy. In the short run the...

The question whether real money causes real output appears to be important for many economists working in the area of macroeconomics and, has been subjected to a variety of modern econometric techniques, producing conflicting results. One often applied method to investigate the empirical...