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influenced remittances becoming an important source of income from abroad. Relevant economic literature, as well as the … influential views expressed in the international financial institutions' reports, indicate that remittances are a more stable type … positive economic effects of remittances, they also play a significant role in the balance of payments deficit reduction. The …
Persistent link: https://www.econbiz.de/10014520653
consider this correlation to be indicative of a causal link. First, we compare aid to remittances, an alternative form of …
Persistent link: https://www.econbiz.de/10012623091
correlation is not observable for remittances, an alternative form of foreign-exchange inflows where the capital flight motivation …
Persistent link: https://www.econbiz.de/10014327914
Workers’ remittances have become the second largest source of net financial flows to developing countries. However, the … main motives for sending remittances remain controversial. This paper examines the importance of altruistic versus … investment motive. Finally, migrants’ skills raise remittances, while a large informal economy in the sending country depresses …
Persistent link: https://www.econbiz.de/10011604734
Using a recent Spanish database, we show that remittances respond to cross country differences in portfolio values … over time with the length of the migration spell, suggesting that remittances sent for portfolio motives become more likely …
Persistent link: https://www.econbiz.de/10010284020
We analyse the drivers of Bitcoin transactions against 44 fiat currencies in the largest peer-to-peer crypto exchanges. Momentum and volatility in the cryptoasset market, as well as volatility and liquidity in global financial markets do matter for Bitcoin trading. There is suggestive evidence...
Persistent link: https://www.econbiz.de/10014543605
The world runs a trade surplus with itself: the reported values of exports exceed the reported values of imports. This is a logically impossible but well-known empirical fact. Less well-known is the fact that, in recent years, more than 80 percent of the global surplus is a trade surplus that...
Persistent link: https://www.econbiz.de/10012179781
Sweden are EU Members with the most inaccurate statistical regimes. We observe systematic biases which unlikely root in …
Persistent link: https://www.econbiz.de/10014501460
The world runs a trade surplus with itself: Exporters report larger values of exports than what importers report as imports. This is a logically impossible but well known empirical fact. Less well known, in recent years, more than 80 percent of the global surplus is a trade surplus that the EU...
Persistent link: https://www.econbiz.de/10012146983
Currency debasement, defined as a loss of precious metal content (intrinsic value) of the circulating penny currencies over time, was a common feature in the monetary history of Europe, c. 1400–1900. Over the centuries the loss rate was sustained; between 1400 and 1900 A. D. the (south) German...
Persistent link: https://www.econbiz.de/10014521702