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The study of the effects of exogenous shocks on the creation of added value aimed at showing the impact of those shocks on the gross domestic product as well as the effect of debt and public aid used by some governments as a solution to the effects of exogenous shocks. The study revealed a...
Persistent link: https://www.econbiz.de/10014345395
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/10011453670
. The role of Fed policy for remittances has not yet been studied. We estimate a series of panel local projections for …
Persistent link: https://www.econbiz.de/10012694427
This paper investigates a perception in the political debates as to what extent poor countries are affected by price movements in the global commodity markets. To test this perception, we use the case of India to establish in a standard SVAR model that global food prices influence aggregate...
Persistent link: https://www.econbiz.de/10012951757
Persistent link: https://www.econbiz.de/10012796716
The inflation surge in recent years is having profound social, economic, and political consequences. With food price changes being an integral part of inflation, low income segments of the population are strongly impacted. What makes this period so unusual is the breadth of price pressures that...
Persistent link: https://www.econbiz.de/10014518582
Persistent link: https://www.econbiz.de/10015408184
remittances to Pakistan and their economic impacts on the recipient households’ consumption and asset accumulation patterns. We … find that international remittances are a stable and stabilizing source of foreign exchange compared with other financial …
Persistent link: https://www.econbiz.de/10011311783
This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions … bilateral remittances from 103 Italian provinces to 87 developing countries over the period 2005-2011. Remittances are … eases access to financial services for migrants and reduces transaction costs, is positively associated with remittances …
Persistent link: https://www.econbiz.de/10012973395
This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions … remittances from 103 Italian provinces to 107 developing countries over the period 2005-2011. We find that remittances are … as natural disasters or large declines in the terms of trade. Remittances are positively correlated with economic …
Persistent link: https://www.econbiz.de/10014394324