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. The role of Fed policy for remittances has not yet been studied. We estimate a series of panel local projections for …
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staggering amount of remittances outflow of the GCC economies plays a stabilizing role as a tacit monetary policy tool …. Incorporating remittances in the money demand equation results in a more robust model than otherwise. We further find that the …
Persistent link: https://www.econbiz.de/10010472482
This study examines the potential relationship between inflation and remittance outflows in Saudi Arabia over the period 1971-2019 by applying the autoregressive distributed lag (ARDL) model. As a pioneering study in Saudi Arabia, the paper addresses an important literature gap. The statistical...
Persistent link: https://www.econbiz.de/10014500342
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staggering amount of remittances outflow of the GCC economies plays a stabilizing role as a tacit monetary policy tool …. Incorporating remittances in the money demand equation results in a more robust model than otherwise. We further find that the …
Persistent link: https://www.econbiz.de/10013028190
Persistent link: https://www.econbiz.de/10003760764
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