Showing 1 - 10 of 59
The sending of remittances is a decentralised decision of migrant workers, nevertheless it has its macroeconomic …% for Tajikistan (38%) for Haiti (-13%). Subsequently, we explore why the extent of risk sharing through remittances is so … risk sharing via remittances: the more diverse the migration destinations of a country, higher will be the amount of risk …
Persistent link: https://www.econbiz.de/10013060396
This paper examines the behavior of remittances over the business cycle and their potential to act as a stabilizer … remittances depends on the motives to remit. Second, remittances are less volatile than other foreign currency flows but do not … appear to systemically co-move with business cycle fluctuations. Third, remittances are relatively stable even during …
Persistent link: https://www.econbiz.de/10012995941
Using a natural experiment of a rainfall-driven remittances, I provide experimental measures of how remittances affect …. Household choice of LPG and remittances are jointly related; therefore, I use the instrumental variable probit (IV …-Probit) approach. The treatment of remittances is randomly assigned to households who suffered losses due to a natural shock from the …
Persistent link: https://www.econbiz.de/10012836843
on the margin how to finance private adaptive expenditures and foreign remittances come into play a pivotal role in … of remittances by exploiting a natural shock wherein some households suffered damages from another second Cyclone … that for every 1,000 Taka increase in remittances receipts, private adaptive expenditures increase by 20.95 Taka. The IV …
Persistent link: https://www.econbiz.de/10012906972
Remittances’ effect on a household’s health outcome (e.g. Infant mortality) is ambiguous, but the impact on health … remittances into a stress test to see whether it survives the adverse impact of climate change. Using a natural experiment of … rainfall-driven remittances, we provide an experimental measure for remittances’ effect on the health expenditure among rural …
Persistent link: https://www.econbiz.de/10013224629
This paper investigates the effects of taxation on migration. It develops a stylized, two-country model to examine the impact of taxation on labor mobility. The theoretical prediction that taxation affects migration decisions is supported by some empirical evidence for the ASEAN and APEC...
Persistent link: https://www.econbiz.de/10014187899
Using a unique dataset on daily foreign exchange intervention and a new methodological framework of a latent factor model of central bank intervention, this paper addresses the effects of intervention in an emerging market. Events in financial markets from 2002 to 2010 provide a natural...
Persistent link: https://www.econbiz.de/10013104448
This paper explores the role of demand from emerging and developed economies as drivers of the real price of oil. Using a method that allows us to identify and compare demand from different groups of countries across the world, we find that demand from emerging economies (most notably from Asian...
Persistent link: https://www.econbiz.de/10013086344
We study the response of a three-sector commodity-exporter small open economy to a commodity price boom. When the economy has access to international borrowing and lending, a temporary commodity price boom brings about the standard wealth effect that stimulates demand and has long-run...
Persistent link: https://www.econbiz.de/10012963083
The value of the US dollar is of major importance to the world economy. Global liquidity has grown sharply in recent years with growing importance of China's money supply to global liquidity. We develop out-of-sample forecasts of the US dollar exchange rate value using US and non-US global data...
Persistent link: https://www.econbiz.de/10013000233