Using nationally representative panel data from Nepal, we estimate a household consumption function and simulate the impacts of remittance on poverty and inequality. We study how these impacts vary with regional maturity of migration process and country-source of remittance. The results show...

This paper applies a time-varying cointegration (TVC) model to study regional financial integration, measured by the drifting cointegration coefficient of the long-term interest rates between Singapore and Malaysia. Conditioned on long-run exchange rate equilibrium, the evolving relation can be...