This paper discusses migration and remittances trends, and calculates the natural (or benchmark) level of dollarization … in Caucasus, Central Asia and others in the region. This natural level of dollarization is conceptually linked to the … remittances due to the economic slowdown since the spread of COVID-19 affects the macroeconomic fundamentals that determine demand …

gravity model to analyze remittance flows in Russia and Caucasus and Central Asia (CCA) countries. Standard gravity … language, fit remittance flows well. Remittances also react to inflation and exchange rate movements in recipient countries to … sustain their purchasing power. In line with the altruism hypothesis, remittances flow to countries with higher age dependency …

This paper estimates the extent and speed of exchange rate pass-through (ERPT) in seven Caucasus and Central Asia (CCA …

indicators for 25 countries in Emerging Europe, the Caucasus, and Central Asia with a generic country with similar …

Dollarization rates in the Caucasus and Central Asia (CCA) region are among the highest in the world, with adverse …

In recent years, the South Caucasus and Central Asia countries (CCA-6) have received significant foreign exchange …

Caucasus and Central Asia countries in 2008. Using a Multiple Indicator-Multiple Cause model, we find that a burdensome tax …