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Remittances to Mexico have increased more than six times in the past two decades. The boom in remittances can be explained mainly by U.S. economic performance as an attraction for Mexican workers, which implies more migration flows but also better-paying jobs. The immigrant’s income...
Persistent link: https://www.econbiz.de/10013238312
Using disaggregated sectorial data, this study shows that rising levels of remittances have spending effects that lead to real exchange rate appreciation and resource movement effects that favor the nontradable sector at the expense of tradable goods production. These characteristics are two...
Persistent link: https://www.econbiz.de/10010292357
This paper investigates the effect of remittance inflows on real exchange rates in sub-Saharan Africa (SSA) using annual data from 1980 to 2008 for 34 countries, the method of moments estimator developed by Arellano and Bover (1995) and the feasible generalized least squares estimator developed...
Persistent link: https://www.econbiz.de/10010414750
El objetivo principal de la presente investigación es hacer un análisis empírico sobre las relaciones de interdependencia dinámicas entre las remesas familiares, la demanda de dinero y el tipo de cambio real en la economía dominicana. Para tales fines, estimamos un Vector de Corrección de...
Persistent link: https://www.econbiz.de/10013097813
The paper explores the impact of workers' remittances on the level of export diversification. The hypothesis is that significant inflow of remittances causes overvaluation of real exchange rate, which in turn deteriorates diversity of export. The theoretical base is in line with the Dutch...
Persistent link: https://www.econbiz.de/10012051031
For CIS countries, remittances have been growing drastically over the past decade. They have become an important source of financial inflows and make from 1% to 45% of domestic product, and their share is still expanding. This paper explores the empirical evidence of impacts that remittance...
Persistent link: https://www.econbiz.de/10012997504
Using disaggregated sectorial data, this study shows that rising levels of remittances have spending effects that lead to real exchange rate appreciation and resource movement effects that favor the nontradable sector at the expense of tradable goods production. These characteristics are two...
Persistent link: https://www.econbiz.de/10014048966
This paper investigates the effects of real exchange rates and income on inbound tourism demand (tourist arrivals) from Germany, France, the UK, the Netherlands, Italy, Spain, and Sweden to the USA over the period 1996Q3–2015Q1. To achieve this aim, the Harmonized Index of Consumer Prices...
Persistent link: https://www.econbiz.de/10011778655
This paper examines how immigrants' migration duration and saving decisions in the host country respond to the purchasing power parity (ppp) and the wage ratio between the host and source countries. It is shown that in theory immigrants may stay longer in the host country as a result of an...
Persistent link: https://www.econbiz.de/10010269783
This paper examines how immigrants' migration duration and saving decisions in the host country respond to the purchasing power parity (ppp) and the wage ratio between the host and source countries. It is shown that in theory immigrants may stay longer in the host country as a result of an...
Persistent link: https://www.econbiz.de/10010274426